Prime Historical Income Statement

PFG Stock   0.22  0.01  4.35%   
Historical analysis of Prime Financial income statement accounts such as Other Operating Expenses of 15 M, Operating Income of 13.9 M, EBIT of 3.9 M or Ebitda of 4.4 M can show how well Prime Financial Group performed in making a profits. Evaluating Prime Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Prime Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Prime Financial 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 Prime Financial Group is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Financial 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 board of governors.

About Prime Income Statement Analysis

Prime Financial 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 Prime Financial shareholders. The income statement also shows Prime 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).

Prime Financial Income Statement Chart

At this time, Prime Financial's Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 42.8 M in 2024, whereas EBIT is likely to drop slightly above 3.9 M in 2024.

Total Revenue

Total revenue comprises all receipts Prime Financial 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Prime Financial Group. It is also known as Prime Financial 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Prime Financial income statement and is an important metric when analyzing Prime Financial Group 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.
Most accounts from Prime Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Prime Financial 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Financial 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 board of governors.
At this time, Prime Financial's Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 42.8 M in 2024, whereas EBIT is likely to drop slightly above 3.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit24.7M32.0M18.5M12.4M
Income Tax Expense1.4M1.7M1.5M1.1M

Prime Financial income statement Correlations

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0.40.660.38-0.020.40.480.560.640.370.38-0.350.330.46-0.28-0.17-0.40.280.22-0.66-0.54-0.520.77
-0.24-0.410.07-0.140.28-0.53-0.21-0.150.48-0.81-0.31-0.810.0-0.28-0.29-0.02-0.810.030.130.310.42-0.18
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-0.81-0.94-0.560.15-0.47-0.8-0.32-0.440.17-0.280.35-0.29-0.03-0.520.42-0.70.29-0.260.220.770.55-0.79
0.620.80.56-0.160.480.650.340.480.150.31-0.30.290.320.77-0.180.27-0.530.270.09-0.82-0.62-0.79
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Prime Financial Account Relationship Matchups

Prime Financial income statement Accounts

201920202021202220232024 (projected)
Interest Expense601.8K468.8K386.2K789.0K1.2M1.3M
Total Revenue21.5M22.3M26.3M33.7M40.8M42.8M
Depreciation And Amortization2.1M1.8M1.6M1.8M2.3M2.4M
Selling General Administrative1.5M1.4M1.6M2.8M3.2M2.2M
Other Operating Expenses17.4M17.0M19.6M26.8M27.5M15.0M
Operating Income4.1M5.3M6.8M7.0M13.2M13.9M
Ebit4.1M5.3M6.8M7.0M6.3M3.9M
Ebitda6.2M7.1M8.4M8.8M8.6M4.4M
Total Operating Expenses15.3M15.2M18.0M25.0M5.3M5.0M
Income Before Tax3.5M4.9M5.9M6.7M4.9M3.5M
Total Other Income Expense Net(619.2K)(3.2M)(3.7M)(4.8M)(8.4M)(8.0M)
Net Income Applicable To Common Shares2.1M3.1M3.8M4.4M4.0M4.2M
Net Income2.1M3.1M3.8M4.4M2.9M3.0M
Income Tax Expense723.6K1.2M1.4M1.7M1.5M1.1M
Gross Profit19.5M20.5M24.7M32.0M18.5M12.4M
Research Development344.6K445.3K265.3K0.220.20.18
Cost Of Revenue2.1M1.8M1.6M1.8M22.2M23.3M
Minority Interest1.2M800.4K(633.5K)(574.0K)(567.5K)(539.1K)
Net Income From Continuing Ops2.8M3.7M4.4M5.0M3.4M3.6M
Tax Provision723.6K1.2M1.4M1.7M1.5M1.1M
Interest Income7.4K26.0K73.2K103.3K95.4K90.6K
Selling And Marketing Expenses525.4K874.5K1.4M2.0M2.1M1.4M
Net Interest Income(408.2K)(336.7K)(313.0K)(694.3K)(1.2M)(1.2M)
Reconciled Depreciation2.1M1.8M1.6M1.8M2.3M1.7M

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Additional Tools for Prime Stock Analysis

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