Virtus Historical Income Statement

VRTS Stock  USD 223.50  3.12  1.42%   
Historical analysis of Virtus Investment income statement accounts such as Depreciation And Amortization of 71.9 M, Interest Expense of 31 M, Selling General Administrative of 70.2 M or Total Revenue of 887.5 M can show how well Virtus Investment Partners, performed in making a profits. Evaluating Virtus Investment income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Virtus Investment's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Virtus Investment 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 Virtus Investment is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Investment Partners,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Virtus Income Statement Analysis

Virtus Investment 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 Virtus Investment shareholders. The income statement also shows Virtus 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).

Virtus Investment Income Statement Chart

At this time, Virtus Investment's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 137.2 M in 2024, whereas EBIT is likely to drop slightly above 111.6 M in 2024.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Virtus Investment 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 Virtus Investment. It is also known as Virtus Investment 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.
Most accounts from Virtus Investment's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Virtus Investment 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 Virtus Investment Partners,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Virtus Investment's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 137.2 M in 2024, whereas EBIT is likely to drop slightly above 111.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense69.6M93.4M23.4M31.0M
Depreciation And Amortization50.8M64.2M68.4M71.9M

Virtus Investment income statement Correlations

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Virtus Investment Account Relationship Matchups

Virtus Investment income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization35.2M38.9M50.8M64.2M68.4M71.9M
Interest Expense111.5M97.3M69.6M93.4M23.4M31.0M
Selling General Administrative240.5M267.3M358.2M85.9M73.9M70.2M
Total Revenue562.3M603.2M974.7M881.7M845.3M887.5M
Gross Profit321.7M335.9M616.4M510.5M719.4M755.4M
Other Operating Expenses435.2M458.9M636.8M672.2M296.5M311.5M
Operating Income248.6M257.2M325.5M321.1M151.5M159.1M
Ebit248.6M261.2M423.3M257.3M151.5M111.6M
Ebitda283.9M300.1M474.1M321.5M151.5M134.2M
Total Operating Expenses194.7M191.6M278.6M301.0M170.7M189.9M
Income Before Tax140.7M163.9M353.7M163.9M186.6M195.9M
Total Other Income Expense Net(107.9M)20.7M28.2M(33.6M)35.1M36.8M
Net Income95.6M120.0M208.1M117.5M130.6M137.2M
Income Tax Expense35.2M43.9M90.8M57.3M45.1M47.3M
Cost Of Revenue240.5M267.3M358.2M371.3M125.9M197.3M
Selling And Marketing Expenses82.1M77.0M141.0M112.6M96.8M93.1M
Net Income Applicable To Common Shares87.3M80.0M208.1M117.5M135.2M86.7M
Net Income From Continuing Ops105.5M120.0M262.8M106.6M128.8M103.7M
Non Operating Income Net Other(23.2M)8.3M7.1M6.4M7.3M7.7M
Minority Interest9.9M40.0M(54.7M)10.9M6.4M9.3M
Non Recurring10.6M87K2.3M1.2M1.0M987.5K
Tax Provision35.2M43.9M90.8M57.3M45.1M49.3M
Interest Income119.2M111.0M91.4M111.8M191.8M99.7M
Net Interest Income7.7M13.7M21.8M18.4M24.3M16.4M
Reconciled Depreciation39.6M38.9M48.4M62.4M67.1M48.4M

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