Firan Historical Income Statement

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Historical analysis of Firan Technology income statement accounts such as Selling General Administrative of 21.1 M or Total Revenue of 163.3 M can show how well Firan Technology Group performed in making a profits. Evaluating Firan Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Firan Technology's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Firan Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Firan Technology is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Firan Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Firan Income Statement Analysis

Firan Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Firan Technology shareholders. The income statement also shows Firan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Firan Technology Income Statement Chart

At this time, Firan Technology's EBIT is very stable compared to the past year. As of the 29th of November 2024, EBITDA is likely to grow to about 26 M, while Other Operating Expenses is likely to drop about 66 M.

Depreciation And Amortization Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Reconciled Depreciation

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Firan Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Firan Technology Group minus its cost of goods sold. It is profit before Firan Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Firan Technology. It is also known as Firan Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Firan Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Firan Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Firan Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Gross Profit	21.3M	45.8M	52.7M	55.3M
Total Revenue	89.6M	135.2M	155.5M	163.3M

Gross Profit Total Revenue

Firan Technology income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.84	0.88	0.88	0.86	0.7	0.79	0.7	0.84	0.87	0.78	0.69	-0.72	0.58	0.73	0.72	0.59	-0.06	0.68	-0.64	-0.84	0.9
Interest Expense	0.84		0.9	0.87	0.94	0.56	0.91	0.84	0.9	0.81	0.65	0.81	-0.75	0.8	0.41	0.59	0.8	-0.34	0.37	-0.69	-0.95	0.8
Selling General Administrative	0.88	0.9		0.99	0.97	0.77	0.89	0.86	0.92	0.98	0.81	0.86	-0.63	0.8	0.65	0.73	0.79	-0.05	0.61	-0.71	-0.81	0.72
Total Revenue	0.88	0.87	0.99		0.97	0.78	0.91	0.88	0.94	0.99	0.8	0.88	-0.62	0.8	0.72	0.71	0.8	0.03	0.68	-0.72	-0.81	0.7
Gross Profit	0.86	0.94	0.97	0.97		0.69	0.97	0.93	0.97	0.93	0.74	0.91	-0.69	0.87	0.6	0.64	0.87	-0.14	0.56	-0.72	-0.88	0.74
Other Operating Expenses	0.7	0.56	0.77	0.78	0.69		0.59	0.58	0.65	0.82	0.96	0.6	-0.44	0.49	0.72	0.88	0.49	0.28	0.69	-0.55	-0.58	0.64
Operating Income	0.79	0.91	0.89	0.91	0.97	0.59		0.94	0.96	0.84	0.64	0.91	-0.7	0.89	0.53	0.51	0.89	-0.21	0.49	-0.67	-0.88	0.72
Ebit	0.7	0.84	0.86	0.88	0.93	0.58	0.94		0.98	0.83	0.56	0.99	-0.47	0.97	0.56	0.56	0.97	-0.18	0.45	-0.63	-0.77	0.6
Ebitda	0.84	0.9	0.92	0.94	0.97	0.65	0.96	0.98		0.89	0.67	0.96	-0.58	0.92	0.65	0.65	0.92	-0.15	0.55	-0.67	-0.85	0.73
Cost Of Revenue	0.87	0.81	0.98	0.99	0.93	0.82	0.84	0.83	0.89		0.82	0.83	-0.56	0.74	0.77	0.73	0.74	0.14	0.73	-0.7	-0.75	0.66
Total Operating Expenses	0.78	0.65	0.81	0.8	0.74	0.96	0.64	0.56	0.67	0.82		0.56	-0.63	0.46	0.65	0.87	0.46	0.16	0.64	-0.62	-0.67	0.73
Income Before Tax	0.69	0.81	0.86	0.88	0.91	0.6	0.91	0.99	0.96	0.83	0.56		-0.41	0.98	0.57	0.56	0.98	-0.15	0.45	-0.61	-0.73	0.58
Total Other Income Expense Net	-0.72	-0.75	-0.63	-0.62	-0.69	-0.44	-0.7	-0.47	-0.58	-0.56	-0.63	-0.41		-0.37	-0.34	-0.39	-0.38	0.18	-0.4	0.59	0.83	-0.72
Net Income	0.58	0.8	0.8	0.8	0.87	0.49	0.89	0.97	0.92	0.74	0.46	0.98	-0.37		0.39	0.48	0.99	-0.3	0.27	-0.59	-0.7	0.51
Income Tax Expense	0.73	0.41	0.65	0.72	0.6	0.72	0.53	0.56	0.65	0.77	0.65	0.57	-0.34	0.39		0.6	0.41	0.54	0.94	-0.37	-0.46	0.51
Research Development	0.72	0.59	0.73	0.71	0.64	0.88	0.51	0.56	0.65	0.73	0.87	0.56	-0.39	0.48	0.6		0.48	0.1	0.49	-0.55	-0.6	0.68
Net Income From Continuing Ops	0.59	0.8	0.79	0.8	0.87	0.49	0.89	0.97	0.92	0.74	0.46	0.98	-0.38	0.99	0.41	0.48		-0.3	0.28	-0.6	-0.71	0.53
Minority Interest	-0.06	-0.34	-0.05	0.03	-0.14	0.28	-0.21	-0.18	-0.15	0.14	0.16	-0.15	0.18	-0.3	0.54	0.1	-0.3		0.62	0.21	0.29	-0.28
Tax Provision	0.68	0.37	0.61	0.68	0.56	0.69	0.49	0.45	0.55	0.73	0.64	0.45	-0.4	0.27	0.94	0.49	0.28	0.62		-0.23	-0.42	0.47
Interest Income	-0.64	-0.69	-0.71	-0.72	-0.72	-0.55	-0.67	-0.63	-0.67	-0.7	-0.62	-0.61	0.59	-0.59	-0.37	-0.55	-0.6	0.21	-0.23		0.69	-0.48
Net Interest Income	-0.84	-0.95	-0.81	-0.81	-0.88	-0.58	-0.88	-0.77	-0.85	-0.75	-0.67	-0.73	0.83	-0.7	-0.46	-0.6	-0.71	0.29	-0.42	0.69		-0.85
Reconciled Depreciation	0.9	0.8	0.72	0.7	0.74	0.64	0.72	0.6	0.73	0.66	0.73	0.58	-0.72	0.51	0.51	0.68	0.53	-0.28	0.47	-0.48	-0.85

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Firan Technology Account Relationship Matchups

Firan Technology income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	6.6M	6.3M	5.7M	6.9M	7.9M	8.3M
Interest Expense	767K	582K	464K	1.3M	1.5M	1.6M
Selling General Administrative	13.4M	11.0M	12.8M	17.5M	20.1M	21.1M
Total Revenue	102.4M	79.4M	89.6M	135.2M	155.5M	163.3M
Gross Profit	26.4M	17.1M	21.3M	45.8M	52.7M	55.3M
Other Operating Expenses	94.8M	78.6M	87.2M	113.5M	130.5M	66.0M
Operating Income	7.6M	751K	2.5M	21.7M	25.0M	26.2M
Ebit	4.1M	2.1M	2.2M	14.6M	16.8M	17.6M
Ebitda	10.7M	8.4M	7.9M	21.5M	24.7M	26.0M
Cost Of Revenue	76.0M	62.2M	68.3M	89.4M	102.8M	107.9M
Total Operating Expenses	18.8M	16.4M	18.8M	24.1M	27.7M	15.1M
Income Before Tax	4.6M	2.6M	2.3M	14.1M	16.2M	17.0M
Total Other Income Expense Net	(3.0M)	(3.9M)	(126K)	(7.7M)	(6.9M)	(6.6M)
Net Income	1.4M	170K	698K	11.6M	13.4M	14.0M
Income Tax Expense	3.4M	2.4M	1.6M	2.2M	2.6M	2.7M
Research Development	5.3M	5.4M	5.9M	6.6M	7.6M	3.9M
Net Income From Continuing Ops	1.3M	170K	768K	11.8M	13.6M	14.3M
Net Income Applicable To Common Shares	6.1M	1.4M	256K	698K	628.2K	596.8K
Minority Interest	1.0M	86K	(70K)	(204K)	(183.6K)	(174.4K)
Tax Provision	3.4M	2.4M	1.6M	2.2M	2.6M	2.7M
Interest Income	1.3M	687K	317K	43K	38.7K	36.8K
Net Interest Income	(767K)	(582K)	(443K)	(1.3M)	(1.2M)	(1.1M)
Reconciled Depreciation	6.6M	6.3M	5.7M	6.9M	7.9M	6.1M

Pair Trading with Firan Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Firan Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Firan Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Firan Stock

0.72	ELF	E L Financial	Pair Corr
0.8	TPX-B	Molson Coors Canada	Pair Corr
0.87	FFH	Fairfax Financial	Pair Corr

Moving against Firan Stock

0.47

ELF-PH

E L Financial

Pair Corr

The ability to find closely correlated positions to Firan Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firan Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Firan Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Firan Technology Group to buy it.

The correlation of Firan Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Firan Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firan Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Firan Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Firan Stock

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Firan Historical Income Statement

About Firan Income Statement Analysis

Firan Technology Income Statement Chart

Depreciation And Amortization

Total Revenue

Gross Profit

Other Operating Expenses

Firan Technology income statement Correlations

Firan Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Firan Technology income statement Accounts

Pair Trading with Firan Technology

Moving together with Firan Stock

Moving against Firan Stock

Other Information on Investing in Firan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Revenue	+ 0.99	Selling General Administrative
Cost Of Revenue	+ 0.99	Total Revenue
Income Before Tax	+ 0.99	Ebit
Net Income From Continuing Ops	+ 0.99	Net Income
Cost Of Revenue	+ 0.98	Selling General Administrative
Ebitda	+ 0.98	Ebit

Net Interest Income	- 0.95	Interest Expense
Net Interest Income	- 0.88	Operating Income
Net Interest Income	- 0.88	Gross Profit
Reconciled Depreciation	- 0.85	Net Interest Income
Net Interest Income	- 0.85	Ebitda
Net Interest Income	- 0.84	Depreciation And Amortization