Movado Historical Income Statement
MOV Stock | USD 20.37 0.62 3.14% |
Historical analysis of Movado income statement accounts such as Gross Profit of 270.6 M can show how well Movado Group performed in making a profits. Evaluating Movado income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Movado's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Movado Group 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 Movado Group is a good buy for the upcoming year.
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About Movado Income Statement Analysis
Movado Group 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 Movado shareholders. The income statement also shows Movado 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).
Movado Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Movado Group 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 Movado Group minus its cost of goods sold. It is profit before Movado 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 Movado Group. It is also known as Movado 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.Operating Income
Operating Income is the amount of profit realized from Movado Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Movado Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Movado Group whose combined shares represent less than 50% of the total outstanding shares issued by Movado have a minority interest in Movado.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most accounts from Movado's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Movado Group 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 Movado Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Movado's Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 5.8 M in 2024, whereas Total Revenue is likely to drop slightly above 481 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 419.1M | 433.9M | 370.4M | 270.6M | Total Revenue | 732.4M | 751.9M | 672.6M | 481.0M |
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Movado income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 16.5M | 14.1M | 12.5M | 10.8M | 9.6M | 11.6M | |
Interest Expense | 930K | 2.0M | 688K | 518K | 497K | 472.2K | |
Total Revenue | 701.0M | 506.4M | 732.4M | 751.9M | 672.6M | 481.0M | |
Gross Profit | 374.9M | 270.5M | 419.1M | 433.9M | 370.4M | 270.6M | |
Other Operating Expenses | 658.0M | 492.6M | 614.9M | 631.5M | 617.9M | 430.2M | |
Operating Income | 43.0M | 14.2M | 117.5M | 120.4M | 54.7M | 52.0M | |
Ebit | 43.0M | (140.4M) | 118.0M | 122.4M | 60.7M | 46.9M | |
Ebitda | 59.5M | (126.3M) | 130.5M | 133.2M | 70.3M | 58.4M | |
Cost Of Revenue | 326.1M | 235.9M | 313.3M | 318.0M | 302.2M | 210.4M | |
Total Operating Expenses | 331.9M | 256.7M | 301.6M | 313.5M | 315.7M | 218.6M | |
Income Before Tax | 57.5M | (142.4M) | 117.3M | 121.9M | 60.2M | 35.0M | |
Total Other Income Expense Net | 14.5M | (255K) | (158K) | 1.6M | 5.5M | 5.8M | |
Net Income | 42.7M | (111.2M) | 91.6M | 94.5M | 46.7M | 24.8M | |
Income Tax Expense | 15.1M | (31.2M) | 24.8M | 24.9M | 12.7M | 8.9M | |
Selling General Administrative | 196.6M | 171.2M | 182.5M | 187.3M | 186.6M | 225.9M | |
Net Income Applicable To Common Shares | 42.7M | (111.5M) | 91.6M | 94.5M | 108.7M | 114.1M | |
Minority Interest | (320K) | 4.7M | 960K | 2.5M | (830K) | (788.5K) | |
Net Income From Continuing Ops | 42.4M | (111.2M) | 92.6M | 97.0M | 47.5M | 30.1M | |
Non Operating Income Net Other | 86K | 1.7M | 530K | 2.1M | 2.4M | 2.5M | |
Selling And Marketing Expenses | 135.3M | 85.5M | 119.1M | 126.2M | 129.1M | 105.2M | |
Tax Provision | 15.1M | (31.2M) | 24.8M | 24.9M | 12.7M | 12.8M | |
Interest Income | 86K | 45K | 688K | 518K | 466.2K | 329.7K | |
Net Interest Income | (844K) | (1.9M) | (688K) | (518K) | (497K) | (521.9K) | |
Reconciled Depreciation | 16.4M | 14.1M | 12.5M | 10.8M | 9.6M | 10.4M |
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Additional Tools for Movado Stock Analysis
When running Movado's price analysis, check to measure Movado'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 Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.