Red Historical Income Statement

RMX Stock   0.01  0  11.11%   
Historical analysis of Red Mountain income statement accounts such as Cost Of Revenue of 93.8 K, Total Operating Expenses of 949.8 K, Depreciation And Amortization of 70.3 K or Selling And Marketing Expenses of 352 can show how well Red Mountain Mining performed in making a profits. Evaluating Red Mountain income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Red Mountain's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Red Mountain Mining 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 Red Mountain Mining 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 Red Mountain Mining. 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 Red Income Statement Analysis

Red Mountain Mining 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 Red Mountain shareholders. The income statement also shows Red 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).

Red Mountain Income Statement Chart

At this time, Red Mountain's Total Revenue is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 93.8 K in 2024, despite the fact that Gross Profit is likely to grow to (80.4 K).

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Red Mountain Mining 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.

Operating Income

Operating Income is the amount of profit realized from Red Mountain Mining 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 Red Mountain Mining 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.

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.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Red Mountain's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Red Mountain Mining 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 Red Mountain Mining. 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, Red Mountain's Total Revenue is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 93.8 K in 2024, despite the fact that Gross Profit is likely to grow to (80.4 K).

Red Mountain income statement Correlations

-0.27-0.19-0.3-0.240.250.190.18-0.1-0.250.17-0.120.170.090.170.210.1-0.1-0.38-0.160.05
-0.270.510.570.88-0.880.03-0.040.510.9-0.650.37-0.65-0.14-0.28-0.03-0.250.520.550.34-0.31
-0.190.510.650.42-0.530.040.030.770.44-0.40.1-0.4-0.39-0.330.01-0.240.230.260.21-0.3
-0.30.570.650.23-0.31-0.13-0.120.410.28-0.110.28-0.11-0.14-0.57-0.14-0.710.530.560.71-0.57
-0.240.880.420.23-0.990.110.030.641.0-0.850.25-0.85-0.290.130.080.140.190.23-0.120.12
0.25-0.88-0.53-0.31-0.99-0.1-0.03-0.74-0.990.86-0.260.860.36-0.09-0.07-0.1-0.23-0.260.08-0.08
0.190.030.04-0.130.11-0.10.990.040.11-0.09-0.1-0.09-0.030.260.970.150.220.09-0.390.23
0.18-0.040.03-0.120.03-0.030.990.030.03-0.03-0.11-0.03-0.020.220.980.140.250.12-0.370.21
-0.10.510.770.410.64-0.740.040.030.63-0.620.22-0.62-0.460.150.070.140.070.09-0.130.17
-0.250.90.440.281.0-0.990.110.030.63-0.840.28-0.84-0.270.090.060.10.240.28-0.060.07
0.17-0.65-0.4-0.11-0.850.86-0.09-0.03-0.62-0.840.221.00.46-0.18-0.07-0.19-0.01-0.040.29-0.19
-0.120.370.10.280.25-0.26-0.1-0.110.220.280.220.210.18-0.02-0.14-0.060.330.350.31-0.06
0.17-0.65-0.4-0.11-0.850.86-0.09-0.03-0.62-0.841.00.210.46-0.18-0.07-0.19-0.01-0.040.29-0.19
0.09-0.14-0.39-0.14-0.290.36-0.03-0.02-0.46-0.270.460.180.46-0.01-0.050.30.070.110.17-0.09
0.17-0.28-0.33-0.570.13-0.090.260.220.150.09-0.18-0.02-0.18-0.010.280.73-0.69-0.7-0.860.98
0.21-0.030.01-0.140.08-0.070.970.980.070.06-0.07-0.14-0.07-0.050.280.170.180.04-0.420.26
0.1-0.25-0.24-0.710.14-0.10.150.140.140.1-0.19-0.06-0.190.30.730.17-0.49-0.44-0.760.71
-0.10.520.230.530.19-0.230.220.250.070.24-0.010.33-0.010.07-0.690.18-0.490.950.67-0.71
-0.380.550.260.560.23-0.260.090.120.090.28-0.040.35-0.040.11-0.70.04-0.440.950.67-0.69
-0.160.340.210.71-0.120.08-0.39-0.37-0.13-0.060.290.310.290.17-0.86-0.42-0.760.670.67-0.89
0.05-0.31-0.3-0.570.12-0.080.230.210.170.07-0.19-0.06-0.19-0.090.980.260.71-0.71-0.69-0.89
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Red Mountain Account Relationship Matchups

Red Mountain income statement Accounts

201920202021202220232024 (projected)
Interest Expense24.5K5.4K4.4K10.2K9.2K7.3K
Selling General Administrative606.47789.02790.84681.14791.71752.12
Total Revenue8.0K870.0740.011.4K10.2K18.0K
Gross Profit(762.0)92.0K(147.5K)(88.0K)(84.6K)(80.4K)
Other Operating Expenses1.5M1.8M1.5M1.2M1.3M1.2M
Operating Income(1.5M)(1.8M)(1.5M)(1.2M)(1.3M)(1.4M)
Net Income From Continuing Ops(2.0M)(1.7M)(1.4M)(4.4M)(2.8M)(2.9M)
Ebit(1.9M)(1.7M)(1.4M)(4.4M)(2.7M)(2.9M)
Total Operating Expenses1.3M1.7M1.3M1.1M1.2M949.8K
Income Before Tax(2.0M)(1.7M)(1.4M)(4.4M)(2.8M)(2.6M)
Total Other Income Expense Net(485.8K)119.4K29.6K(3.2M)(1.4M)(1.4M)
Net Income Applicable To Common Shares(2.0M)(1.7M)(1.4M)(4.4M)(4.0M)(4.2M)
Net Income(2.0M)(1.7M)(1.4M)(4.4M)(2.8M)(2.6M)
Income Tax Expense(761.24)(147.5K)(4.0)2.0(1.4M)(1.4M)
Ebitda(1.8M)(1.5M)(1.3M)(4.3M)(2.7M)(2.8M)
Selling And Marketing Expenses1.3M1.7M1.3M1.1M370.04351.54
Interest Income24.5K5.4K4.4K10.2K12.0K11.4K
Net Interest Income(16.5K)(4.5K)(3.7K)1.2K2.9K2.7K

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Additional Tools for Red Stock Analysis

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