Romios Historical Income Statement

RG Stock  CAD 0.01  0.01  50.00%   
Historical analysis of Romios Gold income statement accounts such as Other Operating Expenses of 2.1 M, Cost Of Revenue of 59.9 K, Total Operating Expenses of 911.9 K or Income Tax Expense of 8.8 K can show how well Romios Gold Resources performed in making a profits. Evaluating Romios Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Romios Gold's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Romios Gold Resources 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 Romios Gold Resources 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 Romios Gold Resources. 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 Romios Income Statement Analysis

Romios Gold Resources 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 Romios Gold shareholders. The income statement also shows Romios 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).

Romios Gold Income Statement Chart

At this time, Romios Gold's Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 498.8 K in 2024, despite the fact that Gross Profit is likely to grow to (59.9 K).

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Romios Gold Resources minus its cost of goods sold. It is profit before Romios Gold 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 Romios Gold Resources. It is also known as Romios Gold 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 Romios Gold Resources 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 Romios Gold Resources 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.

Cost Of Revenue

Cost of Revenue is found on Romios Gold Resources income statement and represents the costs associated with goods and services Romios Gold provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Romios Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Romios Gold Resources 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 Romios Gold Resources. 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, Romios Gold's Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 498.8 K in 2024, despite the fact that Gross Profit is likely to grow to (59.9 K).

Romios Gold income statement Correlations

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-0.25-0.17-0.150.64-0.03-0.22-0.290.080.12-0.350.22-0.01-0.37-0.53-0.41-0.540.410.390.88
0.12-0.17-0.46-0.13-0.52-0.47-0.4-0.510.54-0.590.24-0.49-0.51-0.13-0.360.40.36-0.1-0.07
-0.05-0.15-0.460.270.410.530.530.97-0.320.390.040.990.420.090.110.24-0.1-0.05-0.29
-0.260.64-0.130.27-0.31-0.4-0.490.450.43-0.290.220.38-0.29-0.15-0.43-0.320.2-0.110.5
0.11-0.03-0.520.41-0.310.830.890.39-0.960.67-0.030.380.71-0.040.58-0.26-0.410.61-0.01
-0.27-0.22-0.470.53-0.40.830.880.46-0.790.520.230.490.61-0.010.460.07-0.250.44-0.27
0.16-0.29-0.40.53-0.490.890.880.44-0.850.57-0.010.470.61-0.080.440.13-0.250.46-0.31
-0.120.08-0.510.970.450.390.460.44-0.270.320.10.990.350.00.020.09-0.030.02-0.08
-0.120.120.54-0.320.43-0.96-0.79-0.85-0.27-0.760.07-0.27-0.79-0.11-0.710.310.52-0.450.05
0.2-0.35-0.590.39-0.290.670.520.570.32-0.76-0.320.330.960.650.88-0.27-0.72-0.1-0.29
-0.790.220.240.040.22-0.030.23-0.010.10.07-0.320.08-0.15-0.22-0.15-0.090.110.10.16
-0.1-0.01-0.490.990.380.380.490.470.99-0.270.330.080.360.020.030.17-0.03-0.01-0.16
0.09-0.37-0.510.42-0.290.710.610.610.35-0.790.96-0.150.360.670.94-0.28-0.76-0.06-0.31
0.04-0.53-0.130.09-0.15-0.04-0.01-0.080.0-0.110.65-0.220.020.670.75-0.09-0.64-0.64-0.43
0.07-0.41-0.360.11-0.430.580.460.440.02-0.710.88-0.150.030.940.75-0.35-0.81-0.12-0.29
0.14-0.540.40.24-0.32-0.260.070.130.090.31-0.27-0.090.17-0.28-0.09-0.350.53-0.19-0.5
-0.070.410.36-0.10.2-0.41-0.25-0.25-0.030.52-0.720.11-0.03-0.76-0.64-0.810.530.170.37
0.030.39-0.1-0.05-0.110.610.440.460.02-0.45-0.10.1-0.01-0.06-0.64-0.12-0.190.170.38
-0.140.88-0.07-0.290.5-0.01-0.27-0.31-0.080.05-0.290.16-0.16-0.31-0.43-0.29-0.50.370.38
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Romios Gold Account Relationship Matchups

Romios Gold income statement Accounts

201920202021202220232024 (projected)
Interest Expense6.0K4.4K2.5K16.1K14.0K14.7K
Selling General Administrative559.9K392.2K657.8K814.1K367.0K498.8K
Other Operating Expenses1.4M720.2K2.0M1.8M2.0M2.1M
Operating Income(1.4M)(719.3K)(2.7M)(1.8M)(682.1K)(716.2K)
Ebit(1.4M)(719.3K)(2.7M)(1.8M)(1.6M)(1.5M)
Ebitda(1.3M)(700.5K)(2.7M)(1.7M)(1.5M)(1.5M)
Total Operating Expenses1.3M701.4K2.0M1.7M682.1K911.9K
Net Income(2.2M)(352.4K)(1.3M)(2.7M)(828.3K)(869.8K)
Income Tax Expense1.2K(23.0K)(140.4K)9.3K8.4K8.8K
Income Before Tax(2.2M)(375.4K)(1.4M)(2.7M)(828.3K)(869.8K)
Total Other Income Expense Net(880.4K)348.3K631.9K(935.1K)(133.1K)(139.8K)
Net Income From Continuing Ops(2.2M)(352.4K)(1.3M)(2.7M)(828.3K)(869.8K)
Net Income Applicable To Common Shares(1.6M)(2.2M)(352.4K)(1.3M)(1.1M)(1.2M)
Net Interest Income(120.0)(3.5K)1.0K8.6K(13.1K)(12.5K)
Interest Income5.9K879.03.5K24.7K855.0812.25

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Additional Tools for Romios Stock Analysis

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