LENSAR Historical Income Statement
| LNSR Stock | USD 7.53 0.16 2.08% |
Historical analysis of LENSAR income statement accounts such as Depreciation And Amortization of 3.9 M can show how well LENSAR Inc performed in making a profits. Evaluating LENSAR income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LENSAR's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining LENSAR Inc 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 LENSAR Inc is a good buy for the upcoming year.
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About LENSAR Income Statement Analysis
LENSAR Inc 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 LENSAR shareholders. The income statement also shows LENSAR 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).
LENSAR Income Statement Chart
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Total Revenue
Total revenue comprises all receipts LENSAR Inc 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 LENSAR Inc minus its cost of goods sold. It is profit before LENSAR 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of LENSAR Inc. It is also known as LENSAR 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 LENSAR's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LENSAR Inc 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 LENSAR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. At this time, LENSAR's Income Tax Expense is relatively stable compared to the past year. As of 12/02/2024, Depreciation And Amortization is likely to grow to about 3.9 M, while EBIT is likely to drop (12.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.8M | 20.0M | 21.1M | 19.0M | Total Revenue | 34.5M | 35.4M | 42.2M | 37.2M |
LENSAR income statement Correlations
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LENSAR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LENSAR income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 2.0M | 1.3M | 1.2M | 263K | 236.7K | 224.9K | |
| Ebit | (12.7M) | (18.9M) | (20.2M) | (20.7M) | (12.2M) | (12.8M) | |
| Net Income Applicable To Common Shares | (14.7M) | (19.8M) | (19.6M) | (19.9M) | (17.9M) | (18.8M) | |
| Income Tax Expense | 2.1M | 1.4M | 51K | (263K) | 3.3M | 3.5M |
Pair Trading with LENSAR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LENSAR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LENSAR will appreciate offsetting losses from the drop in the long position's value.Moving together with LENSAR Stock
Moving against LENSAR Stock
| 0.92 | EKSO | Ekso Bionics Holdings | PairCorr |
| 0.78 | FLGT | Fulgent Genetics | PairCorr |
| 0.76 | VERO | Venus Concept | PairCorr |
| 0.68 | ELAB | Elevai Labs, Common | PairCorr |
| 0.66 | EDAP | EDAP TMS SA | PairCorr |
The ability to find closely correlated positions to LENSAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LENSAR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LENSAR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LENSAR Inc to buy it.
The correlation of LENSAR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LENSAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LENSAR Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LENSAR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for LENSAR Stock Analysis
When running LENSAR's price analysis, check to measure LENSAR'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 LENSAR is operating at the current time. Most of LENSAR's value examination focuses on studying past and present price action to predict the probability of LENSAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENSAR's price. Additionally, you may evaluate how the addition of LENSAR to your portfolios can decrease your overall portfolio volatility.