Adcore Historical Income Statement
| ADCO Stock | CAD 0.30 0.01 3.23% |
Historical analysis of Adcore income statement accounts such as Interest Expense of 4 M, Selling General Administrative of 3.7 M or Selling And Marketing Expenses of 1.8 M can show how well Adcore Inc performed in making a profits. Evaluating Adcore income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Adcore's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Adcore Inc 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 Adcore Inc is a good buy for the upcoming year.
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About Adcore Income Statement Analysis
Adcore Inc 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 Adcore shareholders. The income statement also shows Adcore 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).
Adcore Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Adcore Inc 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 Adcore Inc minus its cost of goods sold. It is profit before Adcore 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.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Adcore's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Adcore Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Adcore Inc. 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, Adcore's Interest Expense is very stable compared to the past year. As of the 25th of March 2025, EBITDA is likely to grow to about 1.7 M, while Depreciation And Amortization is likely to drop about 494.5 K.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 8.5M | 9.4M | 10.9M | 7.9M | Total Revenue | 19.7M | 23.1M | 26.6M | 17.2M |
Adcore income statement Correlations
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Adcore Account Relationship Matchups
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High Negative Relationship
Adcore income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 494K | 684K | 830K | 775K | 891.3K | 494.5K | |
| Interest Expense | 74K | 1.3M | 482K | 3.3M | 3.8M | 4.0M | |
| Selling General Administrative | 3.0M | 4.5M | 5.3M | 5.5M | 6.3M | 3.7M | |
| Selling And Marketing Expenses | 1.5M | 1.5M | 2.1M | 2.9M | 2.6M | 1.8M | |
| Total Revenue | 17.0M | 28.0M | 19.7M | 23.1M | 26.6M | 17.2M | |
| Gross Profit | 6.9M | 8.4M | 8.5M | 9.4M | 10.9M | 7.9M | |
| Other Operating Expenses | 15.8M | 27.1M | 20.1M | 23.5M | 27.1M | 16.5M | |
| Operating Income | 1.9M | 1.4M | 1.1M | (415K) | (373.5K) | (354.8K) | |
| Ebit | 1.9M | 1.4M | 1.1M | 27K | 24.3K | 23.1K | |
| Research Development | 908K | 1.4M | 1.2M | 1.2M | 1.4M | 1.1M | |
| Ebitda | 2.4M | 2.1M | 1.9M | 802K | 922.3K | 1.7M | |
| Cost Of Revenue | 10.1M | 19.5M | 11.2M | 13.7M | 15.8M | 9.9M | |
| Total Operating Expenses | 5.6M | 7.6M | 8.9M | 9.9M | 11.3M | 7.3M | |
| Income Before Tax | 542K | 40K | (2.2M) | (952K) | (856.8K) | (814.0K) | |
| Total Other Income Expense Net | (1.3M) | (1.4M) | (3.3M) | (442K) | (397.8K) | (417.7K) | |
| Net Income Applicable To Common Shares | 1.3M | 648K | (277K) | (2.2M) | (2.0M) | (1.9M) | |
| Net Income | 648K | (277K) | (2.2M) | (944K) | (849.6K) | (807.1K) | |
| Income Tax Expense | (106K) | 317K | 40K | (8K) | (7.2K) | (6.8K) | |
| Tax Provision | (106K) | 317K | 40K | (8K) | (7.2K) | (6.8K) | |
| Interest Income | 643K | 702K | 1.8M | 42K | 48.3K | 45.9K | |
| Net Income From Continuing Ops | 648K | (277K) | (2.2M) | (944K) | (849.6K) | (807.1K) | |
| Net Interest Income | (58K) | 482K | (5K) | (95K) | (85.5K) | (81.2K) | |
| Reconciled Depreciation | 494K | 684K | 830K | 775K | 891.3K | 679.1K |
Pair Trading with Adcore
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 Adcore 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 Adcore will appreciate offsetting losses from the drop in the long position's value.Moving together with Adcore Stock
Moving against Adcore Stock
The ability to find closely correlated positions to Adcore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adcore 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 Adcore - 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 Adcore Inc to buy it.
The correlation of Adcore 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 Adcore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adcore Inc 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 Adcore 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.Other Information on Investing in Adcore Stock
Adcore Inc 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 Adcore shareholders. The income statement also shows Adcore 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).