OrganiGram Historical Income Statement
OGI Stock | CAD 2.22 0.03 1.37% |
Historical analysis of OrganiGram Holdings income statement accounts such as Total Operating Expenses of 335.5 M can show how well OrganiGram Holdings performed in making a profits. Evaluating OrganiGram Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of OrganiGram Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining OrganiGram Holdings 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 OrganiGram Holdings is a good buy for the upcoming year.
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About OrganiGram Income Statement Analysis
OrganiGram Holdings 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 OrganiGram Holdings shareholders. The income statement also shows OrganiGram 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).
OrganiGram Holdings Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of OrganiGram Holdings. It is also known as OrganiGram Holdings 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 OrganiGram Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into OrganiGram Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OrganiGram Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in OrganiGram Stock, please use our How to Invest in OrganiGram Holdings guide.At this time, OrganiGram Holdings' Cost Of Revenue is very stable compared to the past year. As of the 17th of January 2025, Total Other Income Expense Net is likely to grow to about 11.8 M, while Interest Expense is likely to drop about 303.5 K.
OrganiGram Holdings income statement Correlations
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OrganiGram Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OrganiGram Holdings income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Interest Expense | 6.0M | 3.0M | 429K | 277.8K | 319.5K | 303.5K | |
Selling General Administrative | 29.9M | 30.7M | 42.4M | 49.0M | 56.3M | 59.1M | |
Other Operating Expenses | 184.7M | 152.0M | 184.6M | 391.9M | 450.7M | 473.3M | |
Operating Income | (145.5M) | (91.8M) | (38.8M) | (242.7M) | (218.5M) | (207.5M) | |
Ebit | (139.4M) | (126.6M) | (12.6M) | (231.8M) | (208.6M) | (198.2M) | |
Ebitda | (121.5M) | (95.6M) | 12.3M | (207.6M) | (186.9M) | (177.5M) | |
Total Operating Expenses | 41.4M | 44.4M | 70.3M | 277.8M | 319.5M | 335.5M | |
Net Income | (136.2M) | (132.5M) | (14.3M) | (229.5M) | (206.5M) | (196.2M) | |
Income Tax Expense | (10.5M) | 1.8M | (88K) | (3.5M) | (3.2M) | (3.0M) | |
Income Before Tax | (146.6M) | (130.7M) | (14.4M) | (233.0M) | (209.7M) | (199.2M) | |
Depreciation And Amortization | 18.0M | 31.0M | 24.9M | 24.2M | 27.8M | 29.2M | |
Selling And Marketing Expenses | 16.5M | 15.8M | 16.9M | 17.9M | 20.5M | 10.3M | |
Total Revenue | 86.8M | 79.2M | 145.8M | 149.2M | 171.6M | 180.2M | |
Gross Profit | (56.5M) | (28.4M) | 31.6M | 35.1M | 40.3M | 42.4M | |
Cost Of Revenue | 143.3M | 107.6M | 114.2M | 114.1M | 131.3M | 137.8M | |
Total Other Income Expense Net | (1.1M) | (38.9M) | 28.8M | 9.7M | 11.2M | 11.8M | |
Net Income Applicable To Common Shares | (9.5M) | (136.2M) | (130.7M) | (14.3M) | (12.9M) | (13.5M) | |
Net Interest Income | (9.7M) | (6.0M) | (3.0M) | (429K) | (386.1K) | (405.4K) | |
Interest Income | 10.3M | 6.9M | 33.1M | 32.3M | 37.2M | 39.1M | |
Net Income From Continuing Ops | (9.5M) | (136.2M) | (130.7M) | (14.3M) | (12.9M) | (13.5M) | |
Reconciled Depreciation | 8.9M | 18.0M | 31.0M | 24.9M | 28.6M | 16.1M | |
Research Development | 1.3M | 3.5M | 6.0M | 12.2M | 14.0M | 14.7M |
Pair Trading with OrganiGram Holdings
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 OrganiGram Holdings 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 OrganiGram Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against OrganiGram Stock
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The ability to find closely correlated positions to OrganiGram Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OrganiGram Holdings 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 OrganiGram Holdings - 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 OrganiGram Holdings to buy it.
The correlation of OrganiGram Holdings 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 OrganiGram Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OrganiGram Holdings 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 OrganiGram Holdings 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OrganiGram Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in OrganiGram Stock, please use our How to Invest in OrganiGram Holdings guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.