Sangoma Historical Income Statement
| STC Stock | 8.54 0.05 0.58% |
Historical analysis of Sangoma Technologies income statement accounts such as EBITDA of 54.6 M, Cost Of Revenue of 78.2 M, Total Operating Expenses of 260.8 M or Selling General Administrative of 106.1 M can show how well Sangoma Technologies Corp performed in making a profits. Evaluating Sangoma Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sangoma Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sangoma Technologies Corp 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 Sangoma Technologies Corp is a good buy for the upcoming year.
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About Sangoma Income Statement Analysis
Sangoma Technologies Corp 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 Sangoma Technologies shareholders. The income statement also shows Sangoma 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).
Sangoma Technologies Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Sangoma Technologies Corp 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 Sangoma Technologies Corp minus its cost of goods sold. It is profit before Sangoma Technologies 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 Sangoma Technologies Corp. It is also known as Sangoma Technologies 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.Cost Of Revenue
Cost of Revenue is found on Sangoma Technologies Corp income statement and represents the costs associated with goods and services Sangoma Technologies 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 Sangoma Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sangoma Technologies Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies Corp. 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, Sangoma Technologies' Total Operating Expenses is very stable compared to the past year. As of the 2nd of December 2024, Selling General Administrative is likely to grow to about 106.1 M, though Operating Income is likely to grow to (1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 156.9M | 172.8M | 172.8M | 181.5M | Total Revenue | 224.4M | 252.5M | 247.3M | 259.6M |
Sangoma Technologies income statement Correlations
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Sangoma Technologies Account Relationship Matchups
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Sangoma Technologies income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 12.5M | 21.4M | 49.8M | 60.5M | 69.5M | 73.0M | |
| Total Revenue | 96.2M | 135.0M | 224.4M | 252.5M | 247.3M | 259.6M | |
| Gross Profit | 62.2M | 91.9M | 156.9M | 172.8M | 172.8M | 181.5M | |
| Other Operating Expenses | 88.8M | 128.6M | 229.9M | 255.5M | 293.8M | 308.5M | |
| Operating Income | 7.5M | 6.4M | (5.5M) | 52K | (1.1M) | (1.0M) | |
| Ebit | 4.1M | 2.3M | (16.0M) | (15.3M) | (13.8M) | (13.1M) | |
| Ebitda | 16.7M | 23.7M | 33.8M | 45.2M | 52.0M | 54.6M | |
| Cost Of Revenue | 34.1M | 43.1M | 67.5M | 79.7M | 74.5M | 78.2M | |
| Total Operating Expenses | 54.7M | 85.5M | 162.4M | 175.8M | 248.3M | 260.8M | |
| Net Income | 2.9M | 618.6K | (110.8M) | (29.0M) | (8.7M) | (8.2M) | |
| Income Tax Expense | 857.9K | 4.2M | 6.4M | (2.9M) | (3.4M) | (3.2M) | |
| Total Other Income Expense Net | (3.8M) | (1.6M) | (98.9M) | (22.2M) | (1.8M) | (1.9M) | |
| Income Before Tax | 3.7M | 4.8M | (104.4M) | (32.0M) | (9.5M) | (9.0M) | |
| Selling General Administrative | 22.1M | 38.6M | 75.2M | 76.4M | 101.0M | 106.1M | |
| Selling And Marketing Expenses | 15.1M | 25.0M | 53.1M | 61.9M | 71.2M | 74.8M | |
| Interest Expense | 1.9M | 2.0M | 3.9M | 6.8M | 6.6M | 7.0M | |
| Research Development | 17.5M | 21.9M | 34.2M | 37.5M | 39.5M | 41.5M | |
| Tax Provision | 1.2M | 5.2M | 6.4M | (2.9M) | (840K) | (798K) | |
| Interest Income | 2.5M | 2.4M | 4.9M | 6.8M | 7.8M | 8.2M | |
| Net Income Applicable To Common Shares | 3.9M | 282K | (110.8M) | (29.0M) | (26.1M) | (27.4M) | |
| Net Interest Income | (1.8M) | (1.9M) | (3.9M) | (6.8M) | (6.6M) | (6.3M) | |
| Net Income From Continuing Ops | 2.9M | 618.6K | (110.8M) | (29.0M) | (8.7M) | (9.1M) | |
| Reconciled Depreciation | 9.2M | 17.2M | 39.4M | 45.1M | 45.2M | 25.8M |
Pair Trading with Sangoma Technologies
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 Sangoma Technologies 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 Sangoma Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Sangoma Stock
| 0.64 | ELF | E L Financial | PairCorr |
| 0.74 | TPX-B | Molson Coors Canada | PairCorr |
| 0.86 | FFH | Fairfax Financial | PairCorr |
Moving against Sangoma Stock
The ability to find closely correlated positions to Sangoma Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sangoma Technologies 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 Sangoma Technologies - 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 Sangoma Technologies Corp to buy it.
The correlation of Sangoma Technologies 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 Sangoma Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sangoma Technologies Corp 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 Sangoma Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies Corp. 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. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.