Westaim Historical Income Statement

WED Stock

CAD 5.24 0.06 1.16%

Historical analysis of Westaim Corp income statement accounts such as Depreciation And Amortization of 143.8 K, Total Revenue of 221.8 M, Gross Profit of 221.8 M or Other Operating Expenses of 43.1 M can show how well Westaim Corp performed in making a profits. Evaluating Westaim Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Westaim Corp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Westaim 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 Westaim Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westaim 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.

About Westaim Income Statement Analysis

Westaim 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 Westaim Corp shareholders. The income statement also shows Westaim 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).

Westaim Corp Income Statement Chart

At this time, Westaim Corp's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 2.4 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (1.4 M).

Other Operating Expenses Income Tax Expense Research Development Discontinued Operations

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Westaim Corp. It is also known as Westaim Corp 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.

Most accounts from Westaim Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Westaim 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westaim 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.

Westaim Corp income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Discontinued Operations	Interest Expense	Selling General Administrative	Net Income From Continuing Ops	Effect Of Accounting Charges	Minority Interest	Net Interest Income	Reconciled Depreciation	Tax Provision
Depreciation And Amortization		0.22	0.19	0.07	0.02	0.0	0.23	0.19	0.05	0.26	0.09	-0.25	0.87	0.09	0.11	0.16	0.08	0.14	0.11	-0.05	0.14	0.19	0.0
Total Revenue	0.22		0.99	0.8	0.68	0.74	0.77	-0.11	0.79	0.69	-0.2	0.57	0.3	-0.06	0.02	0.76	0.74	0.55	0.53	-0.47	0.5	0.1	0.54
Gross Profit	0.19	0.99		0.77	0.68	0.77	0.79	-0.24	0.79	0.7	-0.2	0.6	0.3	-0.18	-0.1	0.76	0.74	0.56	0.54	-0.54	0.52	0.14	0.53
Other Operating Expenses	0.07	0.8	0.77		0.14	0.24	0.25	0.02	0.98	0.11	-0.2	0.07	0.16	0.13	0.13	0.95	0.97	-0.05	-0.03	0.06	-0.06	-0.19	0.1
Operating Income	0.02	0.68	0.68	0.14		0.97	0.95	-0.11	0.13	0.95	-0.27	0.94	0.07	-0.1	0.03	0.06	0.04	0.96	0.91	-0.81	0.91	0.36	0.81
Ebit	0.0	0.74	0.77	0.24	0.97		0.97	-0.3	0.25	0.94	-0.31	0.93	0.13	-0.24	-0.12	0.2	0.17	0.92	0.87	-0.84	0.89	0.39	0.75
Ebitda	0.23	0.77	0.79	0.25	0.95	0.97		-0.25	0.26	0.97	-0.28	0.85	0.33	-0.22	-0.09	0.23	0.18	0.93	0.88	-0.83	0.9	0.42	0.73
Cost Of Revenue	0.19	-0.11	-0.24	0.02	-0.11	-0.3	-0.25		-0.15	-0.19	-0.02	-0.24	-0.08	0.91	0.9	-0.2	-0.16	-0.13	-0.13	0.51	-0.17	-0.21	-0.01
Total Operating Expenses	0.05	0.79	0.79	0.98	0.13	0.25	0.26	-0.15		0.12	-0.14	0.08	0.16	-0.05	-0.05	0.98	0.99	-0.06	-0.03	-0.01	-0.06	-0.17	0.08
Income Before Tax	0.26	0.69	0.7	0.11	0.95	0.94	0.97	-0.19	0.12		-0.1	0.87	0.29	-0.24	-0.11	0.1	0.05	0.97	0.9	-0.86	0.9	0.39	0.77
Total Other Income Expense Net	0.09	-0.2	-0.2	-0.2	-0.27	-0.31	-0.28	-0.02	-0.14	-0.1		-0.14	-0.02	-0.32	-0.36	-0.1	-0.1	-0.11	-0.2	0.03	-0.36	-0.36	-0.02
Net Income	-0.25	0.57	0.6	0.07	0.94	0.93	0.85	-0.24	0.08	0.87	-0.14		-0.17	-0.25	-0.13	0.0	-0.01	0.91	0.85	-0.83	0.84	0.3	0.77
Income Tax Expense	0.87	0.3	0.3	0.16	0.07	0.13	0.33	-0.08	0.16	0.29	-0.02	-0.17		-0.01	0.01	0.28	0.19	0.16	0.14	-0.12	0.14	0.18	0.03
Research Development	0.09	-0.06	-0.18	0.13	-0.1	-0.24	-0.22	0.91	-0.05	-0.24	-0.32	-0.25	-0.01		0.99	-0.1	-0.07	-0.18	-0.15	0.57	-0.18	-0.2	-0.04
Discontinued Operations	0.11	0.02	-0.1	0.13	0.03	-0.12	-0.09	0.9	-0.05	-0.11	-0.36	-0.13	0.01	0.99		-0.12	-0.08	-0.05	-0.01	0.46	-0.05	-0.14	0.07
Interest Expense	0.16	0.76	0.76	0.95	0.06	0.2	0.23	-0.2	0.98	0.1	-0.1	0.0	0.28	-0.1	-0.12		0.99	-0.1	-0.08	0.01	-0.09	-0.1	-0.02
Selling General Administrative	0.08	0.74	0.74	0.97	0.04	0.17	0.18	-0.16	0.99	0.05	-0.1	-0.01	0.19	-0.07	-0.08	0.99		-0.14	-0.1	0.06	-0.14	-0.18	0.0
Net Income From Continuing Ops	0.14	0.55	0.56	-0.05	0.96	0.92	0.93	-0.13	-0.06	0.97	-0.11	0.91	0.16	-0.18	-0.05	-0.1	-0.14		0.92	-0.85	0.93	0.4	0.79
Effect Of Accounting Charges	0.11	0.53	0.54	-0.03	0.91	0.87	0.88	-0.13	-0.03	0.9	-0.2	0.85	0.14	-0.15	-0.01	-0.08	-0.1	0.92		-0.73	0.9	0.43	0.77
Minority Interest	-0.05	-0.47	-0.54	0.06	-0.81	-0.84	-0.83	0.51	-0.01	-0.86	0.03	-0.83	-0.12	0.57	0.46	0.01	0.06	-0.85	-0.73		-0.83	-0.39	-0.67
Net Interest Income	0.14	0.5	0.52	-0.06	0.91	0.89	0.9	-0.17	-0.06	0.9	-0.36	0.84	0.14	-0.18	-0.05	-0.09	-0.14	0.93	0.9	-0.83		0.53	0.7
Reconciled Depreciation	0.19	0.1	0.14	-0.19	0.36	0.39	0.42	-0.21	-0.17	0.39	-0.36	0.3	0.18	-0.2	-0.14	-0.1	-0.18	0.4	0.43	-0.39	0.53		-0.14
Tax Provision	0.0	0.54	0.53	0.1	0.81	0.75	0.73	-0.01	0.08	0.77	-0.02	0.77	0.03	-0.04	0.07	-0.02	0.0	0.79	0.77	-0.67	0.7	-0.14

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Westaim Corp Account Relationship Matchups

Westaim Corp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	49K	154K	145K	141K	137K	143.9K
Total Revenue	16.9M	(27.5M)	31.7M	25.7M	211.3M	221.8M
Gross Profit	16.9M	(27.5M)	31.7M	25.7M	211.3M	221.8M
Other Operating Expenses	7.1M	6.1M	3.3M	8.1M	25.0M	43.1M
Operating Income	9.5M	(34.3M)	28.4M	19.5M	186.3M	195.6M
Ebit	9.5M	(34.3M)	28.4M	19.5M	186.3M	195.6M
Ebitda	9.5M	(34.1M)	28.6M	19.6M	186.4M	195.7M
Total Operating Expenses	7.1M	6.1M	3.3M	8.1M	25.0M	31.9M
Income Before Tax	9.5M	(34.3M)	28.4M	17.6M	186.3M	195.6M
Total Other Income Expense Net	(2.8M)	(2.1M)	2.1M	(1.9M)	(1.5M)	(1.4M)
Net Income	8.5M	(34.4M)	28.2M	18.0M	184.0M	193.2M
Income Tax Expense	938K	115K	221K	(357K)	2.3M	2.4M
Interest Expense	1.9M	1.9M	1.9M	2.0M	1.0M	1.9M
Selling General Administrative	2.0M	2.0M	1.9M	2.4M	2.4M	2.3M
Net Income From Continuing Ops	8.5M	(34.4M)	28.2M	18.0M	184.0M	193.2M
Net Income Applicable To Common Shares	8.5M	(34.4M)	28.2M	18.0M	20.7M	21.7M
Net Interest Income	171K	(692K)	(584K)	(518K)	2.7M	2.9M
Interest Income	2.1M	1.2M	1.4M	1.4M	3.8M	3.9M
Reconciled Depreciation	49K	154K	145K	141K	137K	113.3K

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Westaim Historical Income Statement

About Westaim Income Statement Analysis

Westaim Corp Income Statement Chart

Other Operating Expenses

Westaim Corp income statement Correlations

Westaim Corp Account Relationship Matchups

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Westaim Corp income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Gross Profit	+ 0.99	Total Revenue
Selling General Administrative	+ 0.99	Total Operating Expenses
Discontinued Operations	+ 0.99	Research Development
Selling General Administrative	+ 0.99	Interest Expense
Total Operating Expenses	+ 0.98	Other Operating Expenses
Interest Expense	+ 0.98	Total Operating Expenses

Minority Interest	- 0.86	Income Before Tax
Minority Interest	- 0.85	Net Income From Continuing Ops
Minority Interest	- 0.84	Ebit
Net Interest Income	- 0.83	Minority Interest
Minority Interest	- 0.83	Net Income
Minority Interest	- 0.83	Ebitda