Geodrill Historical Income Statement

GEO Stock

CAD 2.86 0.06 2.14%

Historical analysis of Geodrill income statement accounts such as Selling General Administrative of 16.9 M or Total Revenue of 82.6 M can show how well Geodrill Limited performed in making a profits. Evaluating Geodrill income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Geodrill'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 Geodrill Limited 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 Geodrill Limited is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geodrill Limited. 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 Geodrill Income Statement Analysis

Geodrill Limited 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 Geodrill shareholders. The income statement also shows Geodrill 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).

Geodrill Income Statement Chart

At this time, Geodrill's Tax Provision is very stable compared to the past year. As of the 1st of December 2024, Minority Interest is likely to grow to about 144 K, while Depreciation And Amortization is likely to drop about 8.5 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Tax Provision

Total Revenue

Total revenue comprises all receipts Geodrill Limited 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 Geodrill Limited minus its cost of goods sold. It is profit before Geodrill 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 Geodrill Limited. It is also known as Geodrill 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Geodrill's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Geodrill Limited 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 Geodrill Limited. 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)
Interest Expense	654.2K	690.8K	927.1K	619.7K
Depreciation And Amortization	9.0M	10.0M	11.1M	8.5M

Interest Expense Depreciation And Amortization

Geodrill 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	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Minority Interest
Depreciation And Amortization		0.65	0.07	0.51	0.11	0.6	0.07	0.07	0.28	0.6	0.1	0.06	-0.59	0.02	0.14	0.35	0.14	0.0	-0.37	0.62	0.4
Interest Expense	0.65		0.21	-0.04	-0.14	0.06	-0.34	-0.35	-0.2	0.01	0.22	-0.37	-0.74	-0.36	-0.24	-0.26	-0.15	0.63	-0.57	0.11	0.21
Selling General Administrative	0.07	0.21		0.21	0.58	0.26	-0.02	-0.01	0.01	0.03	1.0	-0.02	0.0	-0.14	0.27	-0.14	0.15	0.01	-0.15	-0.12	0.17
Total Revenue	0.51	-0.04	0.21		0.77	0.98	0.79	0.79	0.86	0.96	0.26	0.78	-0.07	0.69	0.75	0.82	0.64	-0.24	-0.26	0.8	0.37
Gross Profit	0.11	-0.14	0.58	0.77		0.69	0.8	0.81	0.8	0.58	0.61	0.8	0.14	0.71	0.77	0.56	0.54	-0.11	-0.15	0.36	0.15
Other Operating Expenses	0.6	0.06	0.26	0.98	0.69		0.65	0.65	0.75	0.97	0.31	0.64	-0.15	0.55	0.68	0.76	0.61	-0.25	-0.3	0.82	0.45
Operating Income	0.07	-0.34	-0.02	0.79	0.8	0.65		1.0	0.98	0.68	0.02	1.0	0.2	0.96	0.76	0.79	0.57	-0.15	-0.07	0.51	0.04
Ebit	0.07	-0.35	-0.01	0.79	0.81	0.65	1.0		0.98	0.67	0.03	1.0	0.2	0.96	0.77	0.79	0.58	-0.16	-0.06	0.51	0.04
Ebitda	0.28	-0.2	0.01	0.86	0.8	0.75	0.98	0.98		0.78	0.05	0.97	0.07	0.93	0.77	0.83	0.58	-0.15	-0.14	0.63	0.13
Cost Of Revenue	0.6	0.01	0.03	0.96	0.58	0.97	0.68	0.67	0.78		0.08	0.67	-0.15	0.6	0.64	0.82	0.6	-0.26	-0.27	0.88	0.42
Total Operating Expenses	0.1	0.22	1.0	0.26	0.61	0.31	0.02	0.03	0.05	0.08		0.01	-0.02	-0.1	0.29	-0.1	0.17	0.02	-0.17	-0.07	0.19
Income Before Tax	0.06	-0.37	-0.02	0.78	0.8	0.64	1.0	1.0	0.97	0.67	0.01		0.22	0.97	0.76	0.79	0.57	-0.16	-0.05	0.51	0.03
Total Other Income Expense Net	-0.59	-0.74	0.0	-0.07	0.14	-0.15	0.2	0.2	0.07	-0.15	-0.02	0.22		0.14	0.33	-0.06	0.18	-0.31	0.64	-0.37	-0.49
Net Income	0.02	-0.36	-0.14	0.69	0.71	0.55	0.96	0.96	0.93	0.6	-0.1	0.97	0.14		0.57	0.75	0.37	-0.13	-0.05	0.49	0.02
Income Tax Expense	0.14	-0.24	0.27	0.75	0.77	0.68	0.76	0.77	0.77	0.64	0.29	0.76	0.33	0.57		0.63	0.88	-0.18	-0.03	0.38	0.07
Net Income From Continuing Ops	0.35	-0.26	-0.14	0.82	0.56	0.76	0.79	0.79	0.83	0.82	-0.1	0.79	-0.06	0.75	0.63		0.58	-0.35	-0.03	0.66	0.13
Tax Provision	0.14	-0.15	0.15	0.64	0.54	0.61	0.57	0.58	0.58	0.6	0.17	0.57	0.18	0.37	0.88	0.58		-0.13	-0.13	0.4	0.13
Interest Income	0.0	0.63	0.01	-0.24	-0.11	-0.25	-0.15	-0.16	-0.15	-0.26	0.02	-0.16	-0.31	-0.13	-0.18	-0.35	-0.13		-0.53	-0.2	-0.15
Net Interest Income	-0.37	-0.57	-0.15	-0.26	-0.15	-0.3	-0.07	-0.06	-0.14	-0.27	-0.17	-0.05	0.64	-0.05	-0.03	-0.03	-0.13	-0.53		-0.53	-0.74
Reconciled Depreciation	0.62	0.11	-0.12	0.8	0.36	0.82	0.51	0.51	0.63	0.88	-0.07	0.51	-0.37	0.49	0.38	0.66	0.4	-0.2	-0.53		0.7
Minority Interest	0.4	0.21	0.17	0.37	0.15	0.45	0.04	0.04	0.13	0.42	0.19	0.03	-0.49	0.02	0.07	0.13	0.13	-0.15	-0.74	0.7

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Geodrill Account Relationship Matchups

Geodrill income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	7.4M	8.1M	9.0M	10.0M	11.1M	8.5M
Interest Expense	485.4K	219.1K	654.2K	690.8K	927.1K	619.7K
Selling General Administrative	9.9M	10.1M	10.3M	11.6M	20.5M	16.9M
Total Revenue	87.4M	82.4M	115.2M	138.6M	130.5M	82.6M
Gross Profit	22.2M	20.9M	30.1M	40.6M	30.6M	27.6M
Other Operating Expenses	75.1M	71.7M	96.4M	110.5M	121.1M	72.0M
Operating Income	12.6M	10.8M	20.4M	28.3M	9.4M	10.6M
Ebit	12.3M	10.8M	18.9M	28.3M	9.4M	10.5M
Ebitda	19.7M	19.0M	27.9M	38.4M	20.6M	18.9M
Cost Of Revenue	65.2M	61.5M	85.1M	98.0M	100.0M	55.0M
Total Operating Expenses	9.9M	10.1M	11.2M	12.4M	21.1M	17.1M
Income Before Tax	12.2M	10.6M	19.8M	27.6M	8.5M	9.8M
Total Other Income Expense Net	(150.1K)	(218.6K)	(654.2K)	(690.8K)	(927.1K)	(973.4K)
Net Income	3.9M	7.5M	14.1M	18.9M	3.9M	5.3M
Income Tax Expense	8.3M	3.1M	5.7M	8.7M	4.8M	4.6M
Net Income From Continuing Ops	3.9M	7.5M	14.1M	18.9M	3.8M	4.7M
Net Income Applicable To Common Shares	3.9M	7.5M	14.1M	18.9M	21.8M	22.8M
Tax Provision	8.3M	3.1M	5.7M	8.7M	4.8M	6.1M
Interest Income	482.5K	547.0	654.2K	690.8K	621.8K	420.6K
Net Interest Income	(482.5K)	(218.6K)	(654.2K)	(690.8K)	(927.1K)	(880.7K)
Reconciled Depreciation	7.4M	8.1M	9.0M	10.0M	11.1M	9.3M

Pair Trading with Geodrill

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 Geodrill 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 Geodrill will appreciate offsetting losses from the drop in the long position's value.

Moving together with Geodrill Stock

0.66

Ivanhoe Energy

Pair Corr

Moving against Geodrill Stock

0.36	INFM	Infinico Metals Corp	Pair Corr
0.35	VZ	Verizon Communications	Pair Corr

The ability to find closely correlated positions to Geodrill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geodrill 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 Geodrill - 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 Geodrill Limited to buy it.

The correlation of Geodrill 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 Geodrill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geodrill Limited 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 Geodrill 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 Geodrill Stock

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Geodrill Historical Income Statement

About Geodrill Income Statement Analysis

Geodrill Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Tax Provision

Geodrill income statement Correlations

Geodrill Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Geodrill income statement Accounts

Pair Trading with Geodrill

Moving together with Geodrill Stock

Moving against Geodrill Stock

Other Information on Investing in Geodrill Stock

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Total Operating Expenses	+ 1.0	Selling General Administrative
Ebit	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Ebit
Other Operating Expenses	+ 0.98	Total Revenue
Ebitda	+ 0.98	Operating Income

Minority Interest	- 0.74	Net Interest Income
Total Other Income Expense Net	- 0.74	Interest Expense
Total Other Income Expense Net	- 0.59	Depreciation And Amortization
Net Interest Income	- 0.57	Interest Expense
Reconciled Depreciation	- 0.53	Net Interest Income
Net Interest Income	- 0.53	Interest Income