Gold Historical Income Statement
| GORO Stock | USD 0.17 0.02 13.33% |
Historical analysis of Gold Resource income statement accounts such as Other Operating Expenses of 73.6 M or Ebitda of 4.9 M can show how well Gold Resource performed in making a profits. Evaluating Gold Resource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gold Resource's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Gold Resource 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 Gold Resource is a good buy for the upcoming year.
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About Gold Income Statement Analysis
Gold Resource 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 Gold Resource shareholders. The income statement also shows Gold 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).
Gold Resource Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Gold Resource 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gold Resource. It is also known as Gold Resource 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.Cost Of Revenue
Cost of Revenue is found on Gold Resource income statement and represents the costs associated with goods and services Gold Resource provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Gold Resource's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gold Resource 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 Gold Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.At this time, Gold Resource's Total Revenue is very stable compared to the past year. As of the 28th of November 2024, Depreciation And Amortization is likely to grow to about 28.2 M, while Interest Expense is likely to drop about 1.4 M.
| 2023 | 2024 (projected) | Discontinued Operations | 9.6M | 8.6M | Interest Income | 394.2K | 374.5K |
Gold Resource income statement Correlations
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Gold Resource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gold Resource income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 679K | 10.2M | 11.4M | 906K | 1.5M | 1.4M | |
| Total Revenue | 135.4M | 90.7M | 125.2M | 138.7M | 97.7M | 101.9M | |
| Gross Profit | 29.1M | 12.5M | 36.7M | 29.7M | (5.3M) | (5.0M) | |
| Other Operating Expenses | 120.7M | 91.2M | 102.1M | 123.2M | 116.1M | 73.6M | |
| Operating Income | 14.2M | (248K) | 29.0M | 5.7M | (11.9M) | (11.3M) | |
| Ebit | 14.2M | (648K) | 17.3M | 2.2M | (21.8M) | (20.7M) | |
| Ebitda | 37.5M | 17.1M | 33.6M | 30.3M | 5.1M | 4.9M | |
| Total Operating Expenses | 14.5M | 13.0M | 13.6M | 14.2M | 7.3M | 6.9M | |
| Net Income | 5.8M | (6.3M) | 8.0M | (6.3M) | (16.0M) | (15.2M) | |
| Income Tax Expense | 9.1M | 5.6M | 9.6M | 8.6M | (5.7M) | (5.4M) | |
| Depreciation And Amortization | 23.3M | 17.8M | 16.4M | 28.0M | 26.9M | 28.2M | |
| Income Before Tax | 14.9M | (758K) | 17.6M | 2.2M | (21.8M) | (20.7M) | |
| Total Other Income Expense Net | 679K | (510K) | (5.6M) | (4.5M) | (9.9M) | (9.4M) | |
| Selling General Administrative | 9.9M | 10.6M | 8.7M | 10.0M | 6.6M | 10.9M | |
| Cost Of Revenue | 106.3M | 78.2M | 88.4M | 109.0M | 103.0M | 71.7M | |
| Net Income From Continuing Ops | 5.2M | (5.1M) | 7.0M | (10.6M) | (16.2M) | (15.4M) | |
| Non Operating Income Net Other | (632K) | 1.2M | (1.0M) | (4.3M) | (3.9M) | (3.7M) | |
| Net Income Applicable To Common Shares | 5.8M | 4.4M | 8.0M | (6.3M) | (5.7M) | (5.4M) | |
| Tax Provision | 9.1M | 5.6M | 9.6M | 8.6M | (5.0M) | (4.8M) | |
| Reconciled Depreciation | 23.3M | 17.6M | 16.1M | 27.4M | 27.0M | 22.3M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.742 | Earnings Share (0.57) | Revenue Per Share 0.817 | Quarterly Revenue Growth (0.35) | Return On Assets (0.09) |
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.