Mind Historical Income Statement
| MNMD Stock | USD 6.07 0.65 9.67% |
Historical analysis of Mind Medicine income statement accounts such as Depreciation And Amortization of 2.1 M can show how well Mind Medicine performed in making a profits. Evaluating Mind Medicine income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mind Medicine's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mind Medicine 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 Mind Medicine is a good buy for the upcoming year.
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About Mind Income Statement Analysis
Mind Medicine 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 Mind Medicine shareholders. The income statement also shows Mind 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).
Mind Medicine Income Statement Chart
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Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Mind Medicine income statement and is an important metric when analyzing Mind Medicine profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Mind Medicine financial statement analysis. It represents the amount of money remaining after all of Mind Medicine operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mind Medicine minus its cost of goods sold. It is profit before Mind Medicine 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 Mind Medicine. It is also known as Mind Medicine 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 Mind Medicine's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mind Medicine 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 Mind Medicine. 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. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.At present, Mind Medicine's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 50.4 M, whereas Income Before Tax is projected to grow to (81.9 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Total Operating Expenses | 66.3M | 90.7M | 104.3M | 62.6M | Cost Of Revenue | 3.2M | 3.2M | 3.6M | 2.5M |
Mind Medicine income statement Correlations
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Mind Medicine Account Relationship Matchups
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Mind Medicine income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Selling General Administrative | 14.4M | 59.1M | 30.2M | 41.7M | 48.0M | 50.4M | |
| Operating Income | (33.0M) | (96.4M) | (66.3M) | (93.9M) | (84.5M) | (80.3M) | |
| Income Before Tax | (33.9M) | (94.2M) | (56.8M) | (95.7M) | (86.2M) | (81.9M) | |
| Net Income Applicable To Common Shares | (18.3M) | (33.9M) | (93.0M) | (56.8M) | (51.1M) | (53.7M) | |
| Net Income | (34.1M) | (93.0M) | (47.3M) | (95.7M) | (86.2M) | (81.9M) | |
| Depreciation And Amortization | 743K | 2.6M | 3.2M | 3.2M | 3.6M | 2.1M | |
| Other Operating Expenses | 33.0M | 93.9M | 66.3M | 93.9M | 107.9M | 63.3M | |
| Ebit | (33.0M) | (93.8M) | (56.8M) | (95.7M) | (86.2M) | (90.5M) | |
| Ebitda | (32.3M) | (91.2M) | (53.6M) | (92.6M) | (83.3M) | (87.5M) | |
| Total Operating Expenses | 33.0M | 93.9M | 66.3M | 90.7M | 104.3M | 62.6M | |
| Total Other Income Expense Net | (907K) | (339K) | 9.5M | (1.9M) | (2.1M) | (2.0M) |
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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 Mind Medicine is a strong investment it is important to analyze Mind Medicine'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 Mind Medicine's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Medicine. 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. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Biotechnology 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 Mind Medicine. If investors know Mind 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 Mind Medicine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mind Medicine is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Medicine's value that differs from its market value or its book value, called intrinsic value, which is Mind Medicine'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 Mind Medicine's market value can be influenced by many factors that don't directly affect Mind Medicine'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 Mind Medicine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Medicine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Medicine'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.