Inseego Historical Income Statement
| INSG Stock | USD 11.32 0.39 3.57% |
Historical analysis of Inseego Corp income statement accounts such as Selling General Administrative of 26.8 M or Selling And Marketing Expenses of 20.4 M can show how well Inseego Corp performed in making a profits. Evaluating Inseego Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Inseego Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Inseego Corp 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 Inseego Corp is a good buy for the upcoming year.
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About Inseego Income Statement Analysis
Inseego Corp 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 Inseego Corp shareholders. The income statement also shows Inseego 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).
Inseego Corp Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Inseego Corp. It is also known as Inseego Corp 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Inseego Corp financial statement analysis. It represents the amount of money remaining after all of Inseego Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Inseego Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Inseego Corp 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 Inseego Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.At this time, Inseego Corp's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Inseego Corp's current Research Development is estimated to increase to about 34 M, while Interest Expense is projected to decrease to roughly 8.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 121.2M | 121.8M | 63.7M | 78.4M | Cost Of Revenue | 186.5M | 178.4M | 143.2M | 175.3M |
Inseego Corp income statement Correlations
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Inseego Corp Account Relationship Matchups
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Inseego Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 18.5M | 27.9M | 25.3M | 27.2M | 22.5M | 12.4M | |
| Interest Expense | 20.4M | 9.9M | 6.9M | 8.6M | 9.1M | 8.6M | |
| Selling General Administrative | 27.3M | 30.7M | 28.3M | 27.3M | 20.7M | 26.8M | |
| Selling And Marketing Expenses | 28.9M | 35.8M | 38.2M | 33.5M | 21.5M | 20.4M | |
| Gross Profit | 64.0M | 90.8M | 75.9M | 66.9M | 52.5M | 56.4M | |
| Other Operating Expenses | 239.0M | 337.6M | 307.7M | 300.2M | 232.0M | 254.8M | |
| Operating Income | (19.5M) | (22.7M) | (45.3M) | (54.9M) | (36.3M) | (38.1M) | |
| Ebit | (19.5M) | (100.5M) | (40.8M) | (59.8M) | (36.2M) | (34.4M) | |
| Research Development | 23.9M | 45.0M | 52.7M | 59.2M | 21.5M | 34.0M | |
| Ebitda | (998K) | (72.6M) | (15.5M) | (32.6M) | (13.7M) | (14.4M) | |
| Cost Of Revenue | 155.5M | 223.0M | 186.5M | 178.4M | 143.2M | 175.3M | |
| Total Operating Expenses | 83.5M | 114.6M | 121.2M | 121.8M | 63.7M | 78.4M | |
| Income Before Tax | (39.6M) | (110.4M) | (47.7M) | (68.4M) | (45.3M) | (47.6M) | |
| Total Other Income Expense Net | (20.1M) | (87.7M) | (2.4M) | (10.5M) | (9.0M) | (9.5M) | |
| Net Income | (40.1M) | (111.2M) | (47.9M) | (68.0M) | (46.2M) | (48.5M) | |
| Total Revenue | 219.5M | 313.8M | 262.4M | 245.3M | 195.7M | 241.0M | |
| Income Tax Expense | 536K | 748K | 191K | (465K) | 885K | 1.4M | |
| Net Income Applicable To Common Shares | (40.5M) | (114.1M) | (52.4M) | (70.7M) | (63.6M) | (60.5M) | |
| Net Income From Continuing Ops | (40.1M) | (111.2M) | (47.9M) | (68.0M) | (46.2M) | (48.5M) | |
| Non Recurring | 5.2M | 1.2M | 60K | 1.4M | 1.3M | 1.2M | |
| Non Operating Income Net Other | 351K | (75.4M) | 5.7M | (1.9M) | (1.7M) | (1.8M) | |
| Minority Interest | (105K) | (85K) | 15K | 29K | 214K | 0.0 | |
| Tax Provision | 536K | 748K | 191K | (465K) | 885K | 929.3K | |
| Net Interest Income | (20.4M) | (9.9M) | (6.9M) | (8.6M) | (9.1M) | (9.5M) | |
| Reconciled Depreciation | 18.4M | 27.9M | 25.3M | 27.2M | 22.5M | 23.5M |
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When determining whether Inseego Corp is a strong investment it is important to analyze Inseego Corp'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 Inseego Corp's future performance. For an informed investment choice regarding Inseego 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 Inseego Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Communications Equipment 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 Inseego Corp. If investors know Inseego 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 Inseego Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.02) | Revenue Per Share 16.535 | Quarterly Revenue Growth 0.104 | Return On Assets (0.1) | Return On Equity (8.35) |
The market value of Inseego Corp is measured differently than its book value, which is the value of Inseego that is recorded on the company's balance sheet. Investors also form their own opinion of Inseego Corp's value that differs from its market value or its book value, called intrinsic value, which is Inseego Corp'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 Inseego Corp's market value can be influenced by many factors that don't directly affect Inseego Corp'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 Inseego Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inseego Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inseego Corp'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.