Movado Historical Income Statement

MOV Stock  USD 20.35  0.02  0.1%   
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.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
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.

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

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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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.
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 Profit419.1M433.9M370.4M270.6M
Total Revenue732.4M751.9M672.6M481.0M

Movado income statement Correlations

0.570.730.670.790.21-0.030.020.780.780.020.62-0.030.140.630.21-0.16-0.050.3-0.18-0.470.030.370.330.1
0.570.170.120.26-0.28-0.54-0.510.230.28-0.510.07-0.61-0.050.260.61-0.69-0.14-0.17-0.26-0.5-0.480.350.050.26
0.730.170.990.990.720.460.490.990.970.50.580.470.350.460.040.350.180.670.0-0.350.49-0.10.490.06
0.670.120.990.970.760.490.520.970.950.530.560.510.340.40.030.40.220.70.0-0.330.54-0.170.520.02
0.790.260.990.970.590.340.380.990.990.390.640.360.30.480.060.240.170.66-0.07-0.430.44-0.030.510.05
0.21-0.280.720.760.590.790.80.640.530.790.120.770.480.2-0.070.720.160.460.280.130.55-0.370.220.06
-0.03-0.540.460.490.340.791.00.40.271.00.110.950.660.27-0.480.94-0.090.30.650.360.69-0.32-0.13-0.02
0.02-0.510.490.520.380.81.00.450.311.00.140.950.670.3-0.470.93-0.090.310.640.340.69-0.3-0.11-0.02
0.780.230.990.970.990.640.40.450.970.460.590.410.370.520.040.290.110.610.0-0.360.42-0.010.430.1
0.780.280.970.950.990.530.270.310.970.330.680.310.220.430.070.180.220.7-0.13-0.490.45-0.050.580.0
0.02-0.510.50.530.390.791.01.00.460.330.170.960.660.28-0.470.94-0.120.330.650.330.68-0.26-0.110.02
0.620.070.580.560.640.120.110.140.590.680.170.170.080.16-0.260.090.280.67-0.12-0.480.390.050.48-0.35
-0.03-0.610.470.510.360.770.950.950.410.310.960.170.410.24-0.580.99-0.110.360.450.360.68-0.25-0.040.01
0.14-0.050.350.340.30.480.660.670.370.220.660.080.410.270.00.39-0.10.110.840.110.39-0.15-0.270.04
0.630.260.460.40.480.20.270.30.520.430.280.160.240.27-0.10.14-0.19-0.120.14-0.060.180.15-0.120.02
0.210.610.040.030.06-0.07-0.48-0.470.040.07-0.47-0.26-0.580.0-0.1-0.610.09-0.2-0.09-0.21-0.480.150.070.4
-0.16-0.690.350.40.240.720.940.930.290.180.940.090.990.390.14-0.61-0.120.330.470.410.67-0.26-0.070.01
-0.05-0.140.180.220.170.16-0.09-0.090.110.22-0.120.28-0.11-0.1-0.190.09-0.120.43-0.3-0.310.32-0.740.53-0.67
0.3-0.170.670.70.660.460.30.310.610.70.330.670.360.11-0.12-0.20.330.43-0.21-0.550.73-0.280.84-0.31
-0.18-0.260.00.0-0.070.280.650.640.0-0.130.65-0.120.450.840.14-0.090.47-0.3-0.210.470.24-0.1-0.590.12
-0.47-0.5-0.35-0.33-0.430.130.360.34-0.36-0.490.33-0.480.360.11-0.06-0.210.41-0.31-0.550.47-0.19-0.07-0.70.24
0.03-0.480.490.540.440.550.690.690.420.450.680.390.680.390.18-0.480.670.320.730.24-0.19-0.50.49-0.46
0.370.35-0.1-0.17-0.03-0.37-0.32-0.3-0.01-0.05-0.260.05-0.25-0.150.150.15-0.26-0.74-0.28-0.1-0.07-0.5-0.230.66
0.330.050.490.520.510.22-0.13-0.110.430.58-0.110.48-0.04-0.27-0.120.07-0.070.530.84-0.59-0.70.49-0.23-0.35
0.10.260.060.020.050.06-0.02-0.020.10.00.02-0.350.010.040.020.40.01-0.67-0.310.120.24-0.460.66-0.35
Click cells to compare fundamentals

Movado Account Relationship Matchups

Movado income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization16.5M14.1M12.5M10.8M9.6M11.6M
Interest Expense930K2.0M688K518K497K472.2K
Total Revenue701.0M506.4M732.4M751.9M672.6M481.0M
Gross Profit374.9M270.5M419.1M433.9M370.4M270.6M
Other Operating Expenses658.0M492.6M614.9M631.5M617.9M430.2M
Operating Income43.0M14.2M117.5M120.4M54.7M52.0M
Ebit43.0M(140.4M)118.0M122.4M60.7M46.9M
Ebitda59.5M(126.3M)130.5M133.2M70.3M58.4M
Cost Of Revenue326.1M235.9M313.3M318.0M302.2M210.4M
Total Operating Expenses331.9M256.7M301.6M313.5M315.7M218.6M
Income Before Tax57.5M(142.4M)117.3M121.9M60.2M35.0M
Total Other Income Expense Net14.5M(255K)(158K)1.6M5.5M5.8M
Net Income42.7M(111.2M)91.6M94.5M46.7M24.8M
Income Tax Expense15.1M(31.2M)24.8M24.9M12.7M8.9M
Selling General Administrative196.6M171.2M182.5M187.3M186.6M225.9M
Net Income Applicable To Common Shares42.7M(111.5M)91.6M94.5M108.7M114.1M
Minority Interest(320K)4.7M960K2.5M(830K)(788.5K)
Net Income From Continuing Ops42.4M(111.2M)92.6M97.0M47.5M30.1M
Non Operating Income Net Other86K1.7M530K2.1M2.4M2.5M
Selling And Marketing Expenses135.3M85.5M119.1M126.2M129.1M105.2M
Tax Provision15.1M(31.2M)24.8M24.9M12.7M12.8M
Interest Income86K45K688K518K466.2K329.7K
Net Interest Income(844K)(1.9M)(688K)(518K)(497K)(521.9K)
Reconciled Depreciation16.4M14.1M12.5M10.8M9.6M10.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.