Wishpond Net Income vs Cost Of Revenue Analysis

WISH Stock  CAD 0.27  0.01  3.57%   
Wishpond Technologies financial indicator trend analysis is more than just analyzing Wishpond Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wishpond Technologies is a good investment. Please check the relationship between Wishpond Technologies Net Income and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wishpond Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wishpond Technologies Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Wishpond Technologies' Net Income and Cost Of Revenue is -0.59. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Wishpond Technologies, assuming nothing else is changed. The correlation between historical values of Wishpond Technologies' Net Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Wishpond Technologies are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Wishpond Technologies' Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Wishpond Technologies financial statement analysis. It represents the amount of money remaining after all of Wishpond Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on Wishpond Technologies income statement and represents the costs associated with goods and services Wishpond 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 indicators from Wishpond Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wishpond Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Wishpond Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Wishpond Technologies' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 25.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.0M13.6M15.2M10.5M
Total Revenue14.8M20.5M23.1M15.9M

Wishpond Technologies fundamental ratios Correlations

0.290.330.020.030.86-0.40.160.810.08-0.210.270.25-0.170.410.8-0.010.160.41-0.10.38-0.150.190.18-0.32-0.27
0.29-0.710.62-0.590.650.65-0.37-0.27-0.660.56-0.5-0.550.590.75-0.29-0.430.530.75-0.580.920.560.96-0.52-0.690.67
0.33-0.71-0.840.87-0.18-0.990.780.80.9-0.920.910.93-0.91-0.480.810.73-0.72-0.480.75-0.68-0.88-0.830.880.62-0.99
0.020.62-0.84-0.940.450.79-0.92-0.44-0.990.95-0.95-0.950.980.69-0.43-0.960.960.69-0.980.630.980.74-0.97-0.830.91
0.03-0.590.87-0.94-0.44-0.850.930.540.93-0.940.940.96-0.94-0.470.530.94-0.94-0.470.88-0.7-0.94-0.760.960.71-0.92
0.860.65-0.180.45-0.440.11-0.240.4-0.370.25-0.2-0.230.290.60.39-0.410.540.6-0.480.770.30.62-0.28-0.580.23
-0.40.65-0.990.79-0.850.11-0.76-0.85-0.870.91-0.89-0.910.880.4-0.86-0.70.680.4-0.70.650.850.79-0.86-0.540.97
0.16-0.370.78-0.920.93-0.24-0.760.520.89-0.890.940.94-0.92-0.380.510.97-0.94-0.380.87-0.44-0.93-0.540.960.73-0.85
0.81-0.270.8-0.440.540.4-0.850.520.55-0.660.680.69-0.610.031.00.38-0.30.030.33-0.23-0.57-0.410.610.11-0.75
0.08-0.660.9-0.990.93-0.37-0.870.890.55-0.970.970.97-0.99-0.680.550.92-0.92-0.680.96-0.64-0.99-0.780.970.8-0.96
-0.210.56-0.920.95-0.940.250.91-0.89-0.66-0.97-0.97-0.970.980.56-0.65-0.890.870.56-0.90.60.970.74-0.96-0.70.97
0.27-0.50.91-0.950.94-0.2-0.890.940.680.97-0.971.0-0.99-0.470.670.93-0.89-0.470.9-0.51-0.99-0.660.990.66-0.96
0.25-0.550.93-0.950.96-0.23-0.910.940.690.97-0.971.0-0.99-0.470.680.92-0.89-0.470.89-0.57-0.98-0.70.990.67-0.97
-0.170.59-0.910.98-0.940.290.88-0.92-0.61-0.990.98-0.99-0.990.59-0.6-0.930.910.59-0.950.581.00.73-0.99-0.740.97
0.410.75-0.480.69-0.470.60.4-0.380.03-0.680.56-0.47-0.470.590.01-0.50.591.0-0.730.60.60.71-0.5-0.820.54
0.8-0.290.81-0.430.530.39-0.860.511.00.55-0.650.670.68-0.60.010.37-0.290.010.32-0.25-0.56-0.430.60.12-0.75
-0.01-0.430.73-0.960.94-0.41-0.70.970.380.92-0.890.930.92-0.93-0.50.37-0.99-0.50.95-0.49-0.95-0.570.960.74-0.83
0.160.53-0.720.96-0.940.540.68-0.94-0.3-0.920.87-0.89-0.890.910.59-0.29-0.990.59-0.950.60.930.66-0.94-0.810.82
0.410.75-0.480.69-0.470.60.4-0.380.03-0.680.56-0.47-0.470.591.00.01-0.50.59-0.730.60.60.71-0.5-0.820.54
-0.1-0.580.75-0.980.88-0.48-0.70.870.330.96-0.90.90.89-0.95-0.730.320.95-0.95-0.73-0.57-0.96-0.680.930.81-0.85
0.380.92-0.680.63-0.70.770.65-0.44-0.23-0.640.6-0.51-0.570.580.6-0.25-0.490.60.6-0.570.550.95-0.55-0.640.66
-0.150.56-0.880.98-0.940.30.85-0.93-0.57-0.990.97-0.99-0.981.00.6-0.56-0.950.930.6-0.960.550.69-0.99-0.740.95
0.190.96-0.830.74-0.760.620.79-0.54-0.41-0.780.74-0.66-0.70.730.71-0.43-0.570.660.71-0.680.950.69-0.67-0.730.81
0.18-0.520.88-0.970.96-0.28-0.860.960.610.97-0.960.990.99-0.99-0.50.60.96-0.94-0.50.93-0.55-0.99-0.670.71-0.95
-0.32-0.690.62-0.830.71-0.58-0.540.730.110.8-0.70.660.67-0.74-0.820.120.74-0.81-0.820.81-0.64-0.74-0.730.71-0.68
-0.270.67-0.990.91-0.920.230.97-0.85-0.75-0.960.97-0.96-0.970.970.54-0.75-0.830.820.54-0.850.660.950.81-0.95-0.68
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Wishpond Technologies Account Relationship Matchups

Wishpond Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.4M4.0M5.8M977.8K99.4K94.4K
Total Current Liabilities6.6M5.0M6.6M5.7M5.2M4.7M
Retained Earnings(5.2M)(7.4M)(12.4M)(14.4M)(16.3M)(15.5M)
Accounts Payable209.7K534.6K609.8K1.1M998.0K654.1K
Other Assets825.0K958.3K1.6M146.9K132.2K125.6K
Net Receivables493.7K30.6K169.7K178.3K206.7K212.8K
Total Current Assets765.3K7.9M7.2M3.5M1.8M1.7M
Common Stock2.6K11.1M19.3M20.9M24.1M25.3M

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Additional Tools for Wishpond Stock Analysis

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