Iradimed Historical Income Statement
IRMD Stock | USD 53.93 0.35 0.65% |
Historical analysis of Iradimed income statement accounts such as Selling And Marketing Expenses of 7.8 M or Total Revenue of 35.1 M can show how well Iradimed Co performed in making a profits. Evaluating Iradimed income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Iradimed's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Iradimed 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 Iradimed is a good buy for the upcoming year.
Iradimed |
About Iradimed Income Statement Analysis
Iradimed 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 Iradimed shareholders. The income statement also shows Iradimed 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).
Iradimed Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Iradimed 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 Iradimed Co minus its cost of goods sold. It is profit before Iradimed 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Iradimed's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Iradimed 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 Iradimed 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 population. At present, Iradimed's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 21 M, whereas Selling General Administrative is forecasted to decline to about 9.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 32.0M | 41.3M | 50.2M | 27.1M | Total Revenue | 41.8M | 53.3M | 65.6M | 35.1M |
Iradimed income statement Correlations
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Iradimed Account Relationship Matchups
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Iradimed income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.2M | 603.6K | 634.0K | 670.7K | (2.0) | (1.9) | |
Interest Expense | 395.9K | 139.2K | 18.6K | 581.9K | 669.1K | 702.6K | |
Selling General Administrative | 10.5M | 12.3M | 9.8M | 10.7M | 15.1M | 9.3M | |
Selling And Marketing Expenses | 9.2M | 10.2M | 10.6M | 12.7M | 12.1M | 7.8M | |
Total Revenue | 38.5M | 31.7M | 41.8M | 53.3M | 65.6M | 35.1M | |
Gross Profit | 29.7M | 23.6M | 32.0M | 41.3M | 50.2M | 27.1M | |
Other Operating Expenses | 29.9M | 32.5M | 32.0M | 37.7M | 45.5M | 26.8M | |
Operating Income | 8.6M | (756.1K) | 9.8M | 15.6M | 20.0M | 21.0M | |
Ebit | 8.6M | (20.9K) | 10.6M | 15.6M | 20.0M | 21.0M | |
Research Development | 1.4M | 1.9M | 1.9M | 2.3M | 2.9M | 1.8M | |
Ebitda | 9.9M | 582.7K | 11.2M | 16.3M | 20.0M | 21.0M | |
Cost Of Revenue | 8.8M | 8.1M | 9.8M | 12.0M | 15.4M | 8.0M | |
Total Operating Expenses | 21.1M | 24.3M | 22.2M | 25.7M | 30.1M | 18.8M | |
Income Before Tax | 9.0M | (616.9K) | 9.8M | 16.2M | 21.7M | 22.8M | |
Total Other Income Expense Net | 395.9K | 139.2K | 18.6K | 553.1K | 1.7M | 1.8M | |
Net Income Applicable To Common Shares | 9.6M | 1.4M | 9.3M | 12.8M | 14.8M | 15.5M | |
Net Income | 9.6M | 1.4M | 9.3M | 12.8M | 17.2M | 18.1M | |
Income Tax Expense | (587.6K) | (2.0M) | 510.8K | 3.4M | 4.5M | 4.8M | |
Net Income From Continuing Ops | 9.6M | 1.4M | 9.3M | 12.8M | 16.3M | 17.1M | |
Non Operating Income Net Other | 395.9K | 139.2K | 18.6K | 553.1K | 636.1K | 667.9K | |
Tax Provision | (587.6K) | (2.0M) | 510.8K | 3.4M | 4.4M | 4.7M | |
Interest Income | 388.8K | 132.2K | 34.8K | 581.9K | 1.9M | 2.0M | |
Net Interest Income | 388.8K | 132.2K | 34.8K | 581.9K | 1.9M | 2.0M | |
Reconciled Depreciation | 1.2M | 1.3M | 1.4M | 670.7K | (133.1K) | (126.4K) |
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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 Iradimed is a strong investment it is important to analyze Iradimed'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 Iradimed's future performance. For an informed investment choice regarding Iradimed 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 Iradimed 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 population. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Health Care Equipment & Supplies 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 Iradimed. If investors know Iradimed 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 Iradimed 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) | Dividend Share 0.45 | Earnings Share 1.46 | Revenue Per Share 5.635 | Quarterly Revenue Growth 0.11 |
The market value of Iradimed is measured differently than its book value, which is the value of Iradimed that is recorded on the company's balance sheet. Investors also form their own opinion of Iradimed's value that differs from its market value or its book value, called intrinsic value, which is Iradimed'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 Iradimed's market value can be influenced by many factors that don't directly affect Iradimed'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 Iradimed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iradimed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iradimed'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.