Quipt Historical Income Statement

QIPT Stock  USD 2.82  0.08  2.92%   
Historical analysis of Quipt Home income statement accounts such as Interest Expense of 8 M, Total Revenue of 267.8 M, Gross Profit of 197.8 M or Other Operating Expenses of 263 M can show how well Quipt Home Medical performed in making a profits. Evaluating Quipt Home income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quipt Home's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Quipt Home Medical 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 Quipt Home Medical 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 Quipt Home Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About Quipt Income Statement Analysis

Quipt Home Medical 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 Quipt Home shareholders. The income statement also shows Quipt 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).

Quipt Home Income Statement Chart

At this time, Quipt Home's Operating Income is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 69.9 M in 2024, whereas Income Before Tax is likely to drop (2.6 M) in 2024.

Total Revenue

Total revenue comprises all receipts Quipt Home Medical 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 Quipt Home Medical minus its cost of goods sold. It is profit before Quipt Home 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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Quipt Home's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quipt Home Medical 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 Quipt Home Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Quipt Home's Operating Income is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 69.9 M in 2024, whereas Income Before Tax is likely to drop (2.6 M) in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue139.9M221.7M255.0M267.8M
Interest Expense2.1M6.6M7.6M8.0M

Quipt Home income statement Correlations

0.190.97-0.11-0.02-0.240.930.990.990.990.040.990.99-0.010.890.82-0.26-0.86-0.330.710.91
0.190.410.540.550.760.450.260.270.240.570.230.250.620.130.190.5-0.52-0.020.210.43
0.970.410.020.11-0.050.970.980.990.980.170.970.980.140.850.81-0.12-0.92-0.320.710.95
-0.110.540.020.950.770.08-0.08-0.07-0.120.92-0.13-0.120.99-0.290.04-0.14-0.160.020.320.15
-0.020.550.110.950.710.13-0.010.01-0.040.85-0.05-0.040.95-0.230.05-0.17-0.20.240.440.18
-0.240.76-0.050.770.710.04-0.18-0.17-0.20.79-0.21-0.190.78-0.26-0.070.33-0.110.09-0.040.06
0.930.450.970.080.130.040.960.960.960.240.960.960.180.90.8-0.04-0.96-0.30.630.97
0.990.260.98-0.08-0.01-0.180.961.01.00.081.01.00.020.90.84-0.19-0.89-0.330.670.94
0.990.270.99-0.070.01-0.170.961.01.00.090.991.00.040.890.85-0.2-0.9-0.330.680.95
0.990.240.98-0.12-0.04-0.20.961.01.00.041.01.0-0.020.920.84-0.15-0.89-0.310.630.94
0.040.570.170.920.850.790.240.080.090.040.040.050.93-0.110.17-0.13-0.31-0.080.40.27
0.990.230.97-0.13-0.05-0.210.961.00.991.00.041.0-0.040.930.83-0.16-0.88-0.30.640.93
0.990.250.98-0.12-0.04-0.190.961.01.01.00.051.0-0.020.920.84-0.15-0.89-0.320.630.94
-0.010.620.140.990.950.780.180.020.04-0.020.93-0.04-0.02-0.220.12-0.14-0.27-0.050.380.25
0.890.130.85-0.29-0.23-0.260.90.90.890.92-0.110.930.92-0.220.68-0.03-0.82-0.220.440.82
0.820.190.810.040.05-0.070.80.840.850.840.170.830.840.120.68-0.22-0.73-0.420.440.87
-0.260.5-0.12-0.14-0.170.33-0.04-0.19-0.2-0.15-0.13-0.16-0.15-0.14-0.03-0.220.010.23-0.5-0.08
-0.86-0.52-0.92-0.16-0.2-0.11-0.96-0.89-0.9-0.89-0.31-0.88-0.89-0.27-0.82-0.730.010.34-0.64-0.92
-0.33-0.02-0.320.020.240.09-0.3-0.33-0.33-0.31-0.08-0.3-0.32-0.05-0.22-0.420.230.34-0.11-0.37
0.710.210.710.320.44-0.040.630.670.680.630.40.640.630.380.440.44-0.5-0.64-0.110.58
0.910.430.950.150.180.060.970.940.950.940.270.930.940.250.820.87-0.08-0.92-0.370.58
Click cells to compare fundamentals

Quipt Home Account Relationship Matchups

Quipt Home income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization14.7M22.5M29.4M40.2M46.2M48.5M
Ebit(341.5K)(9.3M)(1.4M)3.9M3.5M3.7M
Ebitda14.4M13.2M28.1M44.1M50.7M53.2M
Total Other Income Expense Net(2.2M)(7.9M)(1.8M)(6.6M)(6.0M)(6.3M)
Net Income(3.8M)(6.2M)4.8M(2.8M)(2.5M)(2.6M)
Income Tax Expense96.5K(3.2M)(1.9M)85K76.5K80.3K
Interest Expense1.9M1.9M2.1M6.6M7.6M8.0M
Total Revenue54.9M102.4M139.9M221.7M255.0M267.8M
Gross Profit39.8M74.2M106.6M163.8M188.4M197.8M
Other Operating Expenses50.5M95.7M122.1M217.8M250.5M263.0M
Operating Income3.4M(1.5M)4.7M3.9M3.5M3.7M
Cost Of Revenue15.1M28.2M33.2M57.9M66.6M69.9M
Total Operating Expenses35.4M67.5M88.9M159.9M183.9M193.1M
Income Before Tax(3.0M)(9.3M)2.2M(2.7M)(2.4M)(2.6M)
Selling General Administrative24.1M47.4M5.5M78.2M89.9M94.4M
Selling And Marketing Expenses338.4K2.4M3.6M4.2M4.8M5.0M
Tax Provision128.5K(3.2M)(1.9M)85K76.5K80.3K
Net Interest Income(2.1M)(2.0M)(2.1M)(6.6M)(5.9M)(5.6M)
Net Income From Continuing Ops(4.2M)(6.2M)4.8M(2.8M)(3.2M)(3.4M)
Reconciled Depreciation14.6M17.8M23.0M40.2M46.2M48.5M
Net Income Applicable To Common Shares(7.4M)(6.8M)(6.2M)4.8M5.6M5.8M

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 Quipt Stock Analysis

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