LightInTheBox Historical Income Statement

LITB Stock  USD 1.96  0.08  3.92%   
Historical analysis of LightInTheBox Holding income statement accounts such as Selling And Marketing Expenses of 317.8 M can show how well LightInTheBox Holding Co performed in making a profits. Evaluating LightInTheBox Holding income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LightInTheBox Holding's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining LightInTheBox Holding 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 LightInTheBox Holding is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightInTheBox Holding 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 estimate.

About LightInTheBox Income Statement Analysis

LightInTheBox Holding 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 LightInTheBox Holding shareholders. The income statement also shows LightInTheBox 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).

LightInTheBox Holding Income Statement Chart

At present, LightInTheBox Holding's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to about 317.8 M, whereas Depreciation And Amortization is forecasted to decline to about 1.6 M.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of LightInTheBox Holding Co minus its cost of goods sold. It is profit before LightInTheBox Holding 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.
Most accounts from LightInTheBox Holding's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LightInTheBox Holding 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightInTheBox Holding 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 estimate.
At present, LightInTheBox Holding's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to about 317.8 M, whereas Depreciation And Amortization is forecasted to decline to about 1.6 M.
 2023 2024 (projected)
Interest Expense4K3.8K
Depreciation And Amortization3.2M1.6M

LightInTheBox Holding income statement Correlations

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-0.090.13-0.26-0.08-0.23-0.08-0.130.050.040.05-0.230.020.030.020.010.10.19-0.080.190.5-0.53-0.2
0.410.130.250.540.340.550.14-0.030.00.710.360.00.03-0.010.02-0.090.11-0.14-0.34-0.480.390.12
0.68-0.260.250.780.990.780.23-0.010.030.630.990.0-0.130.04-0.17-0.55-0.72-0.26-0.3-0.590.740.6
0.78-0.080.540.780.821.00.330.040.080.930.820.06-0.080.09-0.09-0.37-0.41-0.17-0.38-0.60.710.33
0.69-0.230.340.990.820.820.320.070.110.70.990.08-0.090.12-0.14-0.48-0.67-0.25-0.29-0.640.770.56
0.78-0.080.550.781.00.820.27-0.010.030.940.820.01-0.090.03-0.1-0.42-0.41-0.17-0.39-0.580.70.36
0.37-0.130.140.230.330.320.270.760.780.260.230.780.440.810.430.590.25-0.27-0.3-0.590.510.05
0.020.05-0.03-0.010.040.07-0.010.761.00.05-0.011.00.850.990.750.760.45-0.080.17-0.210.16-0.12
0.070.040.00.030.080.110.030.781.00.080.041.00.840.990.750.740.43-0.120.15-0.250.2-0.1
0.630.050.710.630.930.70.940.260.050.080.710.07-0.010.070.03-0.33-0.220.01-0.3-0.470.530.23
0.7-0.230.360.990.820.990.820.23-0.010.040.710.01-0.10.04-0.15-0.55-0.68-0.25-0.31-0.610.750.59
0.050.020.00.00.060.080.010.781.01.00.070.010.850.990.760.760.46-0.090.15-0.250.19-0.11
-0.050.030.03-0.13-0.08-0.09-0.090.440.850.84-0.01-0.10.850.780.920.650.61-0.040.1-0.040.030.05
0.060.02-0.010.040.090.120.030.810.990.990.070.040.990.780.670.750.38-0.110.15-0.280.23-0.12
-0.040.010.02-0.17-0.09-0.14-0.10.430.750.750.03-0.150.760.920.670.570.710.010.11-0.03-0.04-0.07
-0.20.1-0.09-0.55-0.37-0.48-0.420.590.760.74-0.33-0.550.760.650.750.570.76-0.140.08-0.02-0.15-0.4
-0.240.190.11-0.72-0.41-0.67-0.410.250.450.43-0.22-0.680.460.610.380.710.760.01-0.010.17-0.36-0.39
-0.72-0.08-0.14-0.26-0.17-0.25-0.17-0.27-0.08-0.120.01-0.25-0.09-0.04-0.110.01-0.140.010.380.49-0.4-0.13
-0.560.19-0.34-0.3-0.38-0.29-0.39-0.30.170.15-0.3-0.310.150.10.150.110.08-0.010.380.46-0.51-0.67
-0.70.5-0.48-0.59-0.6-0.64-0.58-0.59-0.21-0.25-0.47-0.61-0.25-0.04-0.28-0.03-0.020.170.490.46-0.94-0.23
0.71-0.530.390.740.710.770.70.510.160.20.530.750.190.030.23-0.04-0.15-0.36-0.4-0.51-0.940.46
0.33-0.20.120.60.330.560.360.05-0.12-0.10.230.59-0.110.05-0.12-0.07-0.4-0.39-0.13-0.67-0.230.46
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LightInTheBox Holding Account Relationship Matchups

LightInTheBox Holding income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K2.6M3.3M3.4M3.2M1.6M
Interest Expense581K5K66K92K4K3.8K
Selling General Administrative62.7M61.1M69.3M66.9M34.1M54.7M
Selling And Marketing Expenses51.1M112.1M154.2M222.6M302.7M317.8M
Total Revenue243.6M398.2M446.1M503.6M629.4M348.4M
Gross Profit97.6M176.2M206.7M275.1M359.9M377.9M
Other Operating Expenses259.7M394.3M462.2M517.8M639.8M366.6M
Operating Income(16.1M)14.4M20.0M(14.2M)(10.4M)(10.9M)
Ebit(1.1M)14.3M19.9M(69.3M)(9.5M)(10.0M)
Ebitda(881K)16.9M23.3M(65.9M)(6.3M)(6.7M)
Cost Of Revenue146.0M222.0M239.4M228.5M269.5M198.0M
Total Operating Expenses113.6M172.3M222.8M289.3M370.3M388.8M
Income Before Tax(947K)16.8M23.3M(69.3M)(9.6M)(10.0M)
Total Other Income Expense Net15.1M2.4M39.4M(55.0M)845K887.3K
Net Income(1.1M)13.3M13.1M(56.6M)(9.6M)(10.1M)
Income Tax Expense113K3.4M9.8M(12.7M)40K42.4K
Net Income From Continuing Ops1.1M13.3M13.5M(56.6M)(53.6M)(50.9M)
Net Income Applicable To Common Shares999K13.3M13.1M(56.6M)(65.1M)(61.8M)
Tax Provision113K3.4M9.8M(12.7M)(12.7M)(12.0M)
Interest Income297K103K59K57K254K224.1K
Net Interest Income231K11K46K52K250K217.1K
Reconciled Depreciation2.5M2.4M3.3M3.4M3.2M2.6M

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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 LightInTheBox Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightInTheBox Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lightinthebox Holding Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightinthebox Holding Co Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightInTheBox Holding 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 estimate.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Broadline Retail 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 LightInTheBox Holding. If investors know LightInTheBox 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 LightInTheBox Holding 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
0.054
Earnings Share
(0.36)
Revenue Per Share
23.12
Quarterly Revenue Growth
(0.64)
Return On Assets
(0.04)
The market value of LightInTheBox Holding is measured differently than its book value, which is the value of LightInTheBox that is recorded on the company's balance sheet. Investors also form their own opinion of LightInTheBox Holding's value that differs from its market value or its book value, called intrinsic value, which is LightInTheBox Holding'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 LightInTheBox Holding's market value can be influenced by many factors that don't directly affect LightInTheBox Holding'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 LightInTheBox Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if LightInTheBox Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightInTheBox Holding'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.