Virgin Historical Income Statement

GROV Stock  USD 1.51  0.20  15.27%   
Historical analysis of Virgin Group income statement accounts such as Total Revenue of 261.9 M or Gross Profit of 122 M can show how well Virgin Group Acquisition performed in making a profits. Evaluating Virgin Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Virgin Group's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Virgin Group Acquisition 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 Virgin Group Acquisition 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 Virgin Group Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About Virgin Income Statement Analysis

Virgin Group Acquisition 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 Virgin Group shareholders. The income statement also shows Virgin 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).

Virgin Group Income Statement Chart

At this time, Virgin Group's Income Tax Expense is fairly stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Virgin Group Acquisition 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 Virgin Group Acquisition minus its cost of goods sold. It is profit before Virgin Group 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.

Cost Of Revenue

Cost of Revenue is found on Virgin Group Acquisition income statement and represents the costs associated with goods and services Virgin Group 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.

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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Virgin Group Acquisition. It is also known as Virgin Group 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 Virgin Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Virgin Group Acquisition 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 Virgin Group Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Virgin Group's Income Tax Expense is fairly stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit188.5M154.7M137.4M122.0M
Total Revenue383.7M321.5M259.3M261.9M

Virgin Group income statement Correlations

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-0.83-0.18-0.27-0.31-0.22-0.41-0.74-0.65-0.7-0.70.830.080.76-0.83-0.83-0.2-0.840.81-0.540.19-0.360.84-0.71
-0.40.280.310.290.320.2-0.21-0.7-0.62-0.620.38-0.440.76-0.3-0.310.43-0.320.970.030.420.290.62-0.36
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0.850.40.450.510.380.690.860.20.430.43-0.89-0.05-0.71-0.360.790.80.50.8-0.340.820.330.64-0.56
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Virgin Group Account Relationship Matchups

Virgin Group income statement Accounts

201920202021202220232024 (projected)
Selling General Administrative155.2M168.3M186.6M206.9M134.9M151.5M
Total Revenue233.1M364.3M383.7M321.5M259.3M261.9M
Gross Profit83.4M176.0M188.5M154.7M137.4M122.0M
Cost Of Revenue149.7M188.3M195.2M166.9M121.9M139.9M
Tax Provision12K41K52K54K47K38.0K
Interest Income2.1M5.6M5.2M9.7M11.1M11.7M
Operating Income(163.2M)(66.5M)(128.9M)(141.0M)(31.5M)(33.0M)
Income Before Tax(161.5M)(72.2M)(135.8M)(87.7M)(43.2M)(45.4M)
Net Income Applicable To Common Shares(163.3M)(72.3M)(135.9M)(87.7M)(100.9M)(105.9M)
Net Income(161.5M)(72.3M)(135.9M)(87.7M)(43.2M)(45.4M)

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Additional Tools for Virgin Stock Analysis

When running Virgin Group's price analysis, check to measure Virgin Group'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 Virgin Group is operating at the current time. Most of Virgin Group's value examination focuses on studying past and present price action to predict the probability of Virgin Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virgin Group's price. Additionally, you may evaluate how the addition of Virgin Group to your portfolios can decrease your overall portfolio volatility.