NexGel Historical Income Statement

NXGLW Stock  USD 0.80  0.10  11.11%   
Historical analysis of NexGel Warrant income statement accounts such as Other Operating Expenses of 4.6 M can show how well NexGel Warrant performed in making a profits. Evaluating NexGel Warrant income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NexGel Warrant's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining NexGel Warrant 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 NexGel Warrant 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 NexGel Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our How to Invest in NexGel Warrant guide.

About NexGel Income Statement Analysis

NexGel Warrant 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 NexGel Warrant shareholders. The income statement also shows NexGel 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).

NexGel Warrant Income Statement Chart

At this time, NexGel Warrant's Gross Profit is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 303.4 K in 2024, whereas Total Revenue is likely to drop slightly above 2.1 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 NexGel Warrant minus its cost of goods sold. It is profit before NexGel Warrant 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 NexGel Warrant. It is also known as NexGel Warrant 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from NexGel Warrant's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NexGel Warrant 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 NexGel Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our How to Invest in NexGel Warrant guide.At this time, NexGel Warrant's Gross Profit is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 303.4 K in 2024, whereas Total Revenue is likely to drop slightly above 2.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue1.6M2.0M4.1M2.1M
Depreciation And Amortization113K301K443K266.2K

NexGel Warrant income statement Correlations

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0.890.580.86-0.33-0.29-0.140.950.51-0.10.230.0-0.160.920.00.730.140.52
0.40.580.65-0.63-0.58-0.490.340.68-0.410.06-0.30.070.63-0.310.21-0.060.71
0.610.860.65-0.72-0.7-0.610.770.86-0.54-0.06-0.420.160.84-0.390.39-0.160.83
-0.03-0.33-0.63-0.720.990.97-0.21-0.890.840.240.7-0.37-0.440.670.190.37-0.9
-0.03-0.29-0.58-0.70.990.98-0.18-0.890.850.260.7-0.37-0.370.680.170.36-0.86
0.14-0.14-0.49-0.610.970.98-0.03-0.860.880.350.75-0.45-0.240.730.320.44-0.83
0.90.950.340.77-0.21-0.18-0.030.330.020.310.11-0.260.860.130.760.230.37
0.20.510.680.86-0.89-0.89-0.860.33-0.81-0.32-0.70.430.55-0.68-0.02-0.420.92
0.17-0.1-0.41-0.540.840.850.880.02-0.810.730.97-0.81-0.310.950.280.8-0.82
0.340.230.06-0.060.240.260.350.31-0.320.730.86-0.980.00.870.270.98-0.34
0.240.0-0.3-0.420.70.70.750.11-0.70.970.86-0.92-0.240.980.310.92-0.73
-0.34-0.160.070.16-0.37-0.37-0.45-0.260.43-0.81-0.98-0.920.1-0.92-0.32-1.00.48
0.750.920.630.84-0.44-0.37-0.240.860.55-0.310.0-0.240.1-0.220.58-0.120.64
0.210.0-0.31-0.390.670.680.730.13-0.680.950.870.98-0.92-0.220.270.91-0.72
0.950.730.210.390.190.170.320.76-0.020.280.270.31-0.320.580.270.3-0.05
0.320.14-0.06-0.160.370.360.440.23-0.420.80.980.92-1.0-0.120.910.3-0.47
0.180.520.710.83-0.9-0.86-0.830.370.92-0.82-0.34-0.730.480.64-0.72-0.05-0.47
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NexGel Warrant Account Relationship Matchups

NexGel Warrant income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization67K50K113K301K443K266.2K
Total Revenue717K674K1.6M2.0M4.1M2.1M
Gross Profit(137K)(291K)9K256K619K650.0K
Other Operating Expenses2.6M2.9M4.1M5.4M7.6M4.6M
Operating Income(1.9M)(2.3M)(2.6M)(3.3M)(3.5M)(3.7M)
Ebit(1.9M)(2.3M)(2.3M)(3.4M)(3.2M)(3.3M)
Ebitda(1.9M)(2.2M)(2.2M)(3.1M)(2.7M)(2.9M)
Cost Of Revenue854K965K1.5M1.8M3.5M2.0M
Total Operating Expenses1.8M2.0M2.6M3.6M4.1M2.7M
Income Before Tax(1.9M)(2.3M)(4.3M)(4.7M)(3.2M)(3.3M)
Net Income(1.9M)(2.3M)(6.3M)(6.1M)(3.2M)(3.3M)
Interest Expense1K10K2.0M1.3M15K14.3K
Selling General Administrative1.8M2.0M2.5M2.4M3.0M2.6M
Net Income From Continuing Ops(1.9M)(2.3M)(4.3M)(4.7M)(2.6M)(2.8M)
Reconciled Depreciation67K50K113K301K320K215.1K

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Additional Tools for NexGel Stock Analysis

When running NexGel Warrant's price analysis, check to measure NexGel Warrant'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 NexGel Warrant is operating at the current time. Most of NexGel Warrant's value examination focuses on studying past and present price action to predict the probability of NexGel Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGel Warrant's price. Additionally, you may evaluate how the addition of NexGel Warrant to your portfolios can decrease your overall portfolio volatility.