Infobird Historical Income Statement

IFBD Stock  USD 2.64  0.82  45.05%   
Historical analysis of Infobird income statement accounts such as Depreciation And Amortization of 1.7 M or Interest Expense of 664 K can show how well Infobird Co performed in making a profits. Evaluating Infobird income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Infobird's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Infobird 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 Infobird 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 Infobird Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Infobird Income Statement Analysis

Infobird 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 Infobird shareholders. The income statement also shows Infobird 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).

Infobird Income Statement Chart

At present, Infobird's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Reconciled Depreciation is expected to grow to about 1.7 M, whereas Interest Income is forecasted to decline to 1,298.

Total Revenue

Total revenue comprises all receipts Infobird 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 Infobird Co minus its cost of goods sold. It is profit before Infobird 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 Infobird income statement and represents the costs associated with goods and services Infobird 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 Infobird's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Infobird 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 Infobird Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Infobird's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Reconciled Depreciation is expected to grow to about 1.7 M, whereas Interest Income is forecasted to decline to 1,298.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.1M1.4M1.6M1.7M
Interest Income9.1K3.0K1.4K1.3K

Infobird income statement Correlations

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0.580.67-0.6-0.99-0.54-0.480.560.58-0.380.580.60.6-0.440.590.49-0.37-0.620.60.20.610.58-0.76
0.720.67-0.63-0.620.08-0.360.620.56-0.360.180.590.56-0.570.560.640.26-0.650.60.440.160.78-0.31
-0.59-0.6-0.630.560.480.88-0.99-0.990.6-0.76-0.99-0.920.45-0.9-0.910.171.0-0.99-0.87-0.73-0.660.75
-0.56-0.99-0.620.560.560.47-0.51-0.530.37-0.58-0.55-0.570.44-0.55-0.440.420.57-0.56-0.14-0.61-0.560.75
-0.36-0.540.080.480.560.66-0.4-0.520.45-0.91-0.51-0.620.29-0.6-0.220.930.46-0.51-0.2-0.94-0.320.81
-0.58-0.48-0.360.880.470.66-0.84-0.920.79-0.88-0.92-0.930.61-0.92-0.680.440.87-0.92-0.81-0.86-0.620.69
0.50.560.62-0.99-0.51-0.4-0.840.97-0.50.690.970.86-0.350.820.96-0.07-0.990.970.880.650.58-0.74
0.580.580.56-0.99-0.53-0.52-0.920.97-0.690.811.00.95-0.490.930.85-0.23-0.981.00.90.780.65-0.73
-0.67-0.38-0.360.60.370.450.79-0.5-0.69-0.69-0.7-0.820.87-0.85-0.250.390.58-0.7-0.64-0.66-0.680.27
0.550.580.18-0.76-0.58-0.91-0.880.690.81-0.690.80.88-0.490.860.49-0.76-0.740.80.571.00.55-0.82
0.60.60.59-0.99-0.55-0.51-0.920.971.0-0.70.80.95-0.520.930.85-0.22-0.991.00.890.770.67-0.73
0.770.60.56-0.92-0.57-0.62-0.930.860.95-0.820.880.95-0.71.00.68-0.42-0.910.950.80.850.81-0.68
-0.87-0.44-0.570.450.440.290.61-0.35-0.490.87-0.49-0.52-0.7-0.74-0.160.30.45-0.53-0.4-0.46-0.860.14
0.790.590.56-0.9-0.55-0.6-0.920.820.93-0.850.860.931.0-0.740.64-0.42-0.890.930.790.830.83-0.64
0.370.490.64-0.91-0.44-0.22-0.680.960.85-0.250.490.850.68-0.160.640.13-0.920.850.790.460.46-0.68
-0.32-0.370.260.170.420.930.44-0.07-0.230.39-0.76-0.22-0.420.3-0.420.130.15-0.220.07-0.79-0.240.56
-0.59-0.62-0.651.00.570.460.87-0.99-0.980.58-0.74-0.99-0.910.45-0.89-0.920.15-0.99-0.87-0.71-0.670.75
0.610.60.6-0.99-0.56-0.51-0.920.971.0-0.70.81.00.95-0.530.930.85-0.22-0.990.890.770.68-0.72
0.40.20.44-0.87-0.14-0.2-0.810.880.9-0.640.570.890.8-0.40.790.790.07-0.870.890.510.49-0.4
0.520.610.16-0.73-0.61-0.94-0.860.650.78-0.661.00.770.85-0.460.830.46-0.79-0.710.770.510.52-0.84
0.990.580.78-0.66-0.56-0.32-0.620.580.65-0.680.550.670.81-0.860.830.46-0.24-0.670.680.490.52-0.37
-0.36-0.76-0.310.750.750.810.69-0.74-0.730.27-0.82-0.73-0.680.14-0.64-0.680.560.75-0.72-0.4-0.84-0.37
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Infobird Account Relationship Matchups

Infobird income statement Accounts

201920202021202220232024 (projected)
Net Interest Income(402.5K)(201.5K)(308.3K)(1.4M)(735.6K)(772.4K)
Interest Income8.8K7.0K9.1K3.0K1.4K1.3K
Depreciation And Amortization203.5K482.0K1.1M1.4M1.6M1.7M
Interest Expense411.3K208.5K317.4K1.5M736.9K664.0K
Selling General Administrative1.2M1.7M6.0M7.0M1.4M1.4M
Selling And Marketing Expenses1.5M1.8M3.8M3.4M3.9M2.7M
Total Revenue18.2M14.5M9.6M5.5M280K266K
Gross Profit10.3M9.8M2.3M2.0M154.7K147.0K
Other Operating Expenses12.2M10.2M20.4M17.3M19.8M16.7M
Operating Income6.0M4.4M(14.5M)(14.4M)(3.2M)(3.3M)
Net Income From Continuing Ops5.1M4.1M(14.2M)(16.2M)(21.4M)(20.4M)
Ebit6.2M4.6M(1.7M)(1.7M)(1.6M)(1.5M)
Research Development1.5M1.9M3.3M3.3M3.8M2.9M
Ebitda6.4M5.0M(579.8K)(309.7K)(278.7K)(264.8K)
Cost Of Revenue8.0M4.7M7.4M3.5M125.3K119.0K
Total Operating Expenses4.2M5.4M13.0M13.7M3.4M3.3M
Reconciled Depreciation203.5K482.0K1.1M1.4M1.6M1.7M
Income Before Tax5.8M4.3M(14.1M)(16.3M)(21.4M)(20.4M)
Total Other Income Expense Net138.5K(21.5K)(13.3M)(1.6M)(17.5M)(16.7M)
Net Income Applicable To Common Shares4.8M4.0M(13.9M)(15.3M)(13.7M)(13.1M)
Net Income4.8M4.0M(13.9M)(15.3M)(2.6M)(2.7M)
Income Tax Expense673.0K286.1K124.1K(77.6K)(69.9K)(66.4K)
Minority Interest170.5K244.2K353.7K919.1K291.6K366.6K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Infobird is a strong investment it is important to analyze Infobird's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Infobird's future performance. For an informed investment choice regarding Infobird Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infobird Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Application Software 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 Infobird. If investors know Infobird 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 Infobird 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
(0.18)
Earnings Share
(53.73)
Revenue Per Share
0.711
Quarterly Revenue Growth
(0.43)
Return On Assets
(0.04)
The market value of Infobird is measured differently than its book value, which is the value of Infobird that is recorded on the company's balance sheet. Investors also form their own opinion of Infobird's value that differs from its market value or its book value, called intrinsic value, which is Infobird'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 Infobird's market value can be influenced by many factors that don't directly affect Infobird'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 Infobird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Infobird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Infobird'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.