Galileo Historical Income Statement

GAL Stock   0.13  0.01  8.33%   
Historical analysis of Galileo Mining income statement accounts such as Selling General Administrative of 1.1 M or Total Revenue of 5.3 M can show how well Galileo Mining performed in making a profits. Evaluating Galileo Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Galileo Mining's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Galileo Mining 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 Galileo Mining is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galileo Mining. 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 Galileo Income Statement Analysis

Galileo Mining 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 Galileo Mining shareholders. The income statement also shows Galileo 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).

Galileo Mining Income Statement Chart

At this time, Galileo Mining's Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 679 K in 2024, despite the fact that Operating Income is likely to grow to (1.6 M).

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Galileo Mining. It is also known as Galileo Mining 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Galileo Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Galileo Mining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galileo Mining. 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.
At this time, Galileo Mining's Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 679 K in 2024, despite the fact that Operating Income is likely to grow to (1.6 M).
 2021 2022 2023 2024 (projected)
Interest Income18.5K562.3K646.6K679.0K
Net Interest Income18.5K562.3K646.6K679.0K

Galileo Mining income statement Correlations

0.370.77-0.76-0.760.110.140.740.110.330.11-0.350.50.51.00.27
0.370.53-0.62-0.630.830.840.550.830.950.84-0.990.880.880.40.35
0.770.53-0.99-0.980.050.071.00.050.350.06-0.560.730.730.770.63
-0.76-0.62-0.990.99-0.15-0.17-0.99-0.15-0.45-0.160.64-0.79-0.79-0.77-0.64
-0.76-0.63-0.980.99-0.17-0.19-0.97-0.17-0.46-0.180.65-0.76-0.76-0.78-0.57
0.110.830.05-0.15-0.171.00.061.00.951.0-0.80.620.620.140.07
0.140.840.07-0.17-0.191.00.081.00.951.0-0.810.640.640.160.08
0.740.551.0-0.99-0.970.060.080.060.360.07-0.580.740.740.750.64
0.110.830.05-0.15-0.171.01.00.060.951.0-0.80.620.620.140.07
0.330.950.35-0.45-0.460.950.950.360.950.95-0.930.810.810.360.25
0.110.840.06-0.16-0.181.01.00.071.00.95-0.820.630.630.130.07
-0.35-0.99-0.560.640.65-0.8-0.81-0.58-0.8-0.93-0.82-0.89-0.89-0.37-0.37
0.50.880.73-0.79-0.760.620.640.740.620.810.63-0.891.00.520.71
0.50.880.73-0.79-0.760.620.640.740.620.810.63-0.891.00.520.71
1.00.40.77-0.77-0.780.140.160.750.140.360.13-0.370.520.520.28
0.270.350.63-0.64-0.570.070.080.640.070.250.07-0.370.710.710.28
Click cells to compare fundamentals

Galileo Mining Account Relationship Matchups

Galileo Mining income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization92.9K85.1K70.2K68.2K82.2K50.6K
Selling General Administrative412.5K273.3K309.6K446.2K1.1M1.1M
Total Revenue55.0K68.5K3.2K562.3K5.0M5.3M
Gross Profit(37.9K)(16.6K)(67.0K)(68.2K)5.0M5.3M
Other Operating Expenses1.2M719.7K1.2M2.1M1.6M1.1M
Operating Income(1.2M)(719.7K)(1.2M)(2.1M)(1.6M)(1.6M)
Net Income From Continuing Ops(912.6K)(688.2K)(1.2M)(1.5M)(1.4M)(1.3M)
Ebit(912.6K)(688.2K)(1.2M)(1.5M)3.4M3.5M
Ebitda(819.7K)(603.1K)(1.1M)(1.5M)3.5M3.6M
Cost Of Revenue92.9K85.1K70.2K68.2K82.2K50.4K
Total Operating Expenses1.1M634.6K1.1M2.0M1.6M1.1M
Income Before Tax(912.6K)(688.2K)(1.2M)(1.5M)3.4M3.5M
Total Other Income Expense Net(186.8K)31.5K(589.2K)(130.4K)5.0M5.3M
Net Income Applicable To Common Shares(912.6K)(688.2K)(1.2M)(1.5M)(1.4M)(1.3M)
Net Income(912.6K)(688.2K)(1.2M)(1.5M)3.4M3.5M
Income Tax Expense4.0(3.0)2.0(99.7K)(474.5K)(450.7K)
Net Interest Income83.4K31.5K18.5K562.3K646.6K679.0K
Interest Income83.4K31.5K18.5K562.3K646.6K679.0K
Reconciled Depreciation92.9K85.1K70.2K68.2K78.4K60.1K

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Additional Tools for Galileo Stock Analysis

When running Galileo Mining's price analysis, check to measure Galileo Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Galileo Mining is operating at the current time. Most of Galileo Mining's value examination focuses on studying past and present price action to predict the probability of Galileo Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galileo Mining's price. Additionally, you may evaluate how the addition of Galileo Mining to your portfolios can decrease your overall portfolio volatility.