Hemisphere Historical Income Statement

HME Stock  CAD 1.88  0.01  0.53%   
Historical analysis of Hemisphere Energy income statement accounts such as Total Revenue of 88.7 M or Gross Profit of 45 M can show how well Hemisphere Energy performed in making a profits. Evaluating Hemisphere Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hemisphere Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hemisphere Energy 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 Hemisphere Energy 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 Hemisphere Energy. 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 Hemisphere Income Statement Analysis

Hemisphere Energy 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 Hemisphere Energy shareholders. The income statement also shows Hemisphere 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).

Hemisphere Energy Income Statement Chart

At this time, Hemisphere Energy's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 8.7 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (3.8 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hemisphere Energy. It is also known as Hemisphere Energy 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 Hemisphere Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hemisphere Energy 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 Hemisphere Energy. 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, Hemisphere Energy's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 8.7 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (3.8 M).

Hemisphere Energy income statement Correlations

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Hemisphere Energy Account Relationship Matchups

Hemisphere Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.9M4.6M4.6M8.0M9.0M9.5M
Interest Expense3.5M3.0M1.7M929K731K690.4K
Total Revenue31.5M18.7M43.1M96.7M84.5M88.7M
Gross Profit14.4M6.3M22.6M50.4M42.8M45.0M
Other Operating Expenses20.4M14.9M25.1M53.0M47.4M49.8M
Operating Income10.5M2.9M15.1M37.4M37.0M38.9M
Ebit10.4M3.0M17.6M43.5M37.0M38.9M
Ebitda16.2M7.7M22.1M51.5M46.1M48.4M
Total Operating Expenses3.3M2.5M4.5M6.7M5.8M6.1M
Income Before Tax2.2M(415.9K)5.9M29.7M32.5M34.1M
Total Other Income Expense Net(8.3M)(3.4M)(9.1M)(7.7M)(4.0M)(3.8M)
Net Income(1.3M)(3.5M)4.2M21.3M24.2M25.4M
Income Tax Expense3.5M3.0M1.7M8.3M8.3M8.7M
Cost Of Revenue17.1M12.4M20.6M46.3M41.6M43.7M
Selling General Administrative2.1M2.1M4.3M6.7M5.5M2.8M
Net Income From Continuing Ops2.2M(415.9K)5.9M21.3M24.2M25.4M
Net Income Applicable To Common Shares1.6M(415.9K)5.9M21.3M24.5M25.7M
Net Interest Income(4.1M)(3.7M)(2.1M)(929K)(610K)(640.5K)
Reconciled Depreciation5.7M4.5M4.5M7.9M9.0M6.2M

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Additional Tools for Hemisphere Stock Analysis

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