Africa Historical Income Statement
| AOI Stock | CAD 2.13 0.38 21.71% |
Historical analysis of Africa Oil income statement accounts such as Interest Expense of 3.4 M, Selling General Administrative of 34 M or Other Operating Expenses of 104.9 M can show how well Africa Oil Corp performed in making a profits. Evaluating Africa Oil income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Africa Oil's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Africa Oil 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 Africa Oil Corp is a good buy for the upcoming year.
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About Africa Income Statement Analysis
Africa Oil 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 Africa Oil shareholders. The income statement also shows Africa 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).
Africa Oil Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Africa Oil Corp. It is also known as Africa Oil 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 Africa Oil Corp income statement and represents the costs associated with goods and services Africa Oil 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 accounts from Africa Oil's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Africa Oil 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Africa Oil 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. At this time, Africa Oil's Selling General Administrative is very stable compared to the past year. As of the 27th of March 2025, Other Operating Expenses is likely to grow to about 104.9 M, while Depreciation And Amortization is likely to drop about 44.6 M.
| 2024 | 2025 (projected) | Interest Income | 7.6M | 6.4M | Minority Interest | 43.9M | 39.0M |
Africa Oil income statement Correlations
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Africa Oil income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 1.3M | 215.6M | 170.6M | 62.2M | 71.5M | 44.6M | |
| Interest Expense | 29.3M | 18.3M | 3.5M | 7.6M | 4.9M | 3.4M | |
| Selling General Administrative | 14.1M | 18.0M | 27M | 31.9K | 32.4M | 34.0M | |
| Other Operating Expenses | 14.1M | 18.0M | 27M | 86.9M | 99.9M | 104.9M | |
| Operating Income | 227.3M | 208.9M | 111.4M | 86.9M | (32.4M) | (30.8M) | |
| Ebit | 226.0M | (18M) | (197.6M) | (94.1M) | (84.7M) | (80.5M) | |
| Ebitda | 227.3M | 197.6M | (27M) | (31.9M) | (36.7M) | (34.9M) | |
| Total Operating Expenses | 14.1M | 18.0M | 27M | (86.9M) | 32.4M | 34.0M | |
| Income Before Tax | (17.6M) | 190.7M | (60.3M) | 87.1M | (279.1M) | (265.1M) | |
| Total Other Income Expense Net | (28.2M) | (18.2M) | (1.1M) | 200K | (249.4M) | (236.9M) | |
| Net Income | (287.3M) | (54.3M) | (57.9M) | 87.1K | (279.1M) | (265.1M) | |
| Income Tax Expense | 269.7M | 245.0M | (2.4M) | (105.7K) | (121.5K) | (115.5K) | |
| Net Income From Continuing Ops | (17.6M) | 190.7M | (60.3M) | 87.1M | (279.1M) | (265.1M) | |
| Net Income Applicable To Common Shares | (156.8M) | (17.6M) | 190.7M | (60.3M) | (69.3M) | (72.8M) | |
| Interest Income | 1.1M | 18.1M | 1.1M | 7.8M | 7.6M | 6.4M | |
| Net Interest Income | (28.2M) | (18.1M) | (1.1M) | 200K | 2.7M | 2.8M |
Other Information on Investing in Africa Stock
Africa Oil 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 Africa Oil shareholders. The income statement also shows Africa 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).