Scworx Historical Income Statement
| WORX Stock | USD 2.58 0.20 8.40% |
Historical analysis of Scworx Corp income statement accounts such as Tax Provision of 0.0, Depreciation And Amortization of 65.1 K, Interest Expense of 6.1 K or Selling General Administrative of 5.1 M can show how well Scworx Corp performed in making a profits. Evaluating Scworx Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Scworx Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Scworx 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 Scworx Corp is a good buy for the upcoming year.
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About Scworx Income Statement Analysis
Scworx 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 Scworx Corp shareholders. The income statement also shows Scworx 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).
Scworx Corp Income Statement Chart
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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 Scworx 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 Scworx Corp minus its cost of goods sold. It is profit before Scworx Corp 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 Scworx Corp. It is also known as Scworx 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 Scworx Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Scworx 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 Scworx 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 metropolitan statistical area. For more information on how to buy Scworx Stock please use our How to Invest in Scworx Corp guide.At this time, Scworx Corp's Selling General Administrative is fairly stable compared to the past year. Total Revenue is likely to rise to about 3.9 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 65.1 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9M | 1.4M | 1.3M | 1.3M | Total Revenue | 4.6M | 4.0M | 3.8M | 3.9M |
Scworx Corp income statement Correlations
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Scworx Corp Account Relationship Matchups
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Scworx Stock Analysis
When running Scworx Corp's price analysis, check to measure Scworx Corp'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 Scworx Corp is operating at the current time. Most of Scworx Corp's value examination focuses on studying past and present price action to predict the probability of Scworx Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scworx Corp's price. Additionally, you may evaluate how the addition of Scworx Corp to your portfolios can decrease your overall portfolio volatility.