Alector Historical Income Statement

ALEC Stock  USD 1.35  0.05  3.85%   
Historical analysis of Alector income statement accounts such as Interest Expense of 19.6 M, Selling General Administrative of 42.4 M or Total Revenue of 74.9 M can show how well Alector performed in making a profits. Evaluating Alector income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alector's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Alector 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 Alector is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.

About Alector Income Statement Analysis

Alector 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 Alector shareholders. The income statement also shows Alector 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).

Alector Income Statement Chart

At present, Alector's Cost Of Revenue is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 27.4 M, whereas Depreciation And Amortization is forecasted to decline to about 5.6 M.

Other Operating Expenses

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

Cost Of Revenue

Cost of Revenue is found on Alector income statement and represents the costs associated with goods and services Alector 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.

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 Alector's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alector 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 Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.At present, Alector's Cost Of Revenue is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 27.4 M, whereas Depreciation And Amortization is forecasted to decline to about 5.6 M.
 2022 2023 2024 2025 (projected)
Total Operating Expenses271.5M248.8M245.6M183.2M
Cost Of Revenue8.5M192.1M220.9M232.0M

Alector income statement Correlations

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0.980.990.840.5-0.84-0.84-0.841.0-0.830.771.0-0.830.68-0.830.98-0.92
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-0.82-0.87-0.42-0.12-0.840.991.0-0.820.99-0.68-0.841.0-0.71.0-0.830.69
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-0.82-0.86-0.41-0.12-0.831.00.991.0-0.81-0.72-0.830.99-0.770.99-0.830.71
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-0.9-0.9-0.87-0.5-0.920.720.690.71-0.920.71-0.78-0.920.68-0.740.68-0.92
Click cells to compare fundamentals

Alector Account Relationship Matchups

Alector income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization7.3M8.3M8.5M8.8M10.2M5.6M
Selling General Administrative59.4M55.0M61.0M56.7M59.6M42.4M
Total Revenue21.1M207.1M133.6M97.1M100.6M74.9M
Gross Profit21.1M207.1M133.6M(95.1M)100.6M51.4M
Other Operating Expenses216.3M244.4M271.5M248.8M245.6M183.2M
Operating Income(195.2M)(37.4M)(137.8M)(151.7M)(145.0M)(152.2M)
Net Income From Continuing Ops(190.2M)(36.3M)(133.3M)(141.4M)(119.0M)(125.0M)
Ebit(195.2M)(37.4M)(137.8M)(151.7M)(136.6M)(143.4M)
Research Development156.9M189.4M210.4M192.1M185.9M140.8M
Ebitda(187.9M)(29.0M)(129.4M)(142.9M)(145.0M)(152.2M)
Cost Of Revenue156.9M189.4M8.5M192.1M220.9M232.0M
Total Operating Expenses216.3M244.4M271.5M248.8M245.6M183.2M
Income Before Tax(190.2M)(36.3M)(130.1M)(125.2M)(118.9M)(124.9M)
Total Other Income Expense Net4.9M1.0M7.8M26.6M26.1M27.4M
Net Income Applicable To Common Shares(105.4M)(190.2M)(36.3M)(133.3M)(120.0M)(126.0M)
Net Income(183.0M)(28.0M)(133.3M)(130.4M)(119.0M)(125.0M)
Income Tax Expense(7.3M)(8.3M)3.3M5.2M128K134.4K
Reconciled Depreciation7.3M8.3M8.5M8.7M8.8M6.7M

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When determining whether Alector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alector's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alector Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alector Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alector. If investors know Alector will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alector listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
(1.23)
Revenue Per Share
1.041
Quarterly Revenue Growth
2.571
Return On Assets
(0.16)
The market value of Alector is measured differently than its book value, which is the value of Alector that is recorded on the company's balance sheet. Investors also form their own opinion of Alector's value that differs from its market value or its book value, called intrinsic value, which is Alector's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alector's market value can be influenced by many factors that don't directly affect Alector's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alector's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.