Algoma Historical Income Statement

ASTL Stock   8.30  0.19  2.24%   
Historical analysis of Algoma Steel income statement accounts such as Interest Expense of 38.6 M, Total Revenue of 2.7 B or Gross Profit of 337.1 M can show how well Algoma Steel Group performed in making a profits. Evaluating Algoma Steel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Algoma Steel's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Algoma Steel Group 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 Algoma Steel Group 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 Algoma Steel Group. 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.

About Algoma Income Statement Analysis

Algoma Steel Group 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 Algoma Steel shareholders. The income statement also shows Algoma 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).

Algoma Steel Income Statement Chart

At this time, Algoma Steel's Tax Provision is very stable compared to the past year. As of the 28th of March 2025, Net Income From Continuing Ops is likely to grow to about 222.1 M, while Depreciation And Amortization is likely to drop about 83.9 M.

Total Revenue

Total revenue comprises all receipts Algoma Steel Group 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Algoma Steel Group. It is also known as Algoma Steel 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 Algoma Steel Group income statement and represents the costs associated with goods and services Algoma Steel 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 Algoma Steel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Algoma Steel Group 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 Algoma Steel Group. 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, Algoma Steel's Tax Provision is very stable compared to the past year. As of the 28th of March 2025, Net Income From Continuing Ops is likely to grow to about 222.1 M, while Depreciation And Amortization is likely to drop about 83.9 M.
 2022 2023 2024 2025 (projected)
Total Operating Expenses99.3M114.7M131.9M109.0M
Cost Of Revenue2.4B2.5B2.9B2.3B

Algoma Steel income statement Correlations

-0.54-0.52-0.46-0.53-0.53-0.48-0.39-0.71-0.380.58-0.42-0.12-0.16-0.110.010.03-0.130.21
-0.540.880.810.870.870.870.810.460.87-0.220.890.550.7-0.530.650.520.72-0.41
-0.520.880.431.01.01.00.420.30.97-0.320.970.80.88-0.390.430.280.82-0.5
-0.460.810.430.410.420.410.990.620.44-0.140.480.00.19-0.410.60.560.28-0.09
-0.530.871.00.411.01.00.40.30.96-0.330.960.80.87-0.380.40.260.81-0.5
-0.530.871.00.421.01.00.40.30.96-0.330.960.80.87-0.380.40.260.81-0.5
-0.480.871.00.411.01.00.40.260.97-0.30.970.820.89-0.420.430.290.83-0.51
-0.390.810.420.990.40.40.40.50.46-0.020.490.060.23-0.510.680.640.35-0.15
-0.710.460.30.620.30.30.260.50.13-0.760.18-0.3-0.170.36-0.13-0.15-0.220.33
-0.380.870.970.440.960.960.970.460.13-0.071.00.850.93-0.580.580.480.92-0.61
0.58-0.22-0.32-0.14-0.33-0.33-0.3-0.02-0.76-0.07-0.10.080.05-0.650.450.630.24-0.42
-0.420.890.970.480.960.960.970.490.181.0-0.10.820.9-0.570.580.490.9-0.6
-0.120.550.80.00.80.80.820.06-0.30.850.080.820.97-0.510.490.330.93-0.72
-0.160.70.880.190.870.870.890.23-0.170.930.050.90.97-0.60.540.420.97-0.67
-0.11-0.53-0.39-0.41-0.38-0.38-0.42-0.510.36-0.58-0.65-0.57-0.51-0.6-0.77-0.81-0.740.65
0.010.650.430.60.40.40.430.68-0.130.580.450.580.490.54-0.770.860.69-0.65
0.030.520.280.560.260.260.290.64-0.150.480.630.490.330.42-0.810.860.62-0.6
-0.130.720.820.280.810.810.830.35-0.220.920.240.90.930.97-0.740.690.62-0.77
0.21-0.41-0.5-0.09-0.5-0.5-0.51-0.150.33-0.61-0.42-0.6-0.72-0.670.65-0.65-0.6-0.77
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Algoma Steel Account Relationship Matchups

Algoma Steel income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization87.2M87.1M98.9M118.3M106.5M83.9M
Interest Expense84.3M58.6M17.2M42M48.3M38.6M
Total Revenue1.8B3.8B2.8B2.8B3.2B2.7B
Gross Profit157.2M1.5B389.8M278.7M320.5M337.1M
Other Operating Expenses1.7B2.4B2.5B2.6B3.0B2.5B
Operating Income84.8M1.4B290.5M164M188.6M234.5M
Ebit84.7M1.4B295M164M188.6M235.0M
Ebitda171.9M1.5B393.9M282.3M324.6M350.4M
Cost Of Revenue1.6B2.3B2.4B2.5B2.9B2.3B
Total Operating Expenses72.4M103M99.3M114.7M131.9M109.0M
Income Before Tax(76.1M)1.2B376.1M144.9M166.6M121.4M
Total Other Income Expense Net(76.5M)(194.7M)107.4M(19.1M)(22.0M)(23.1M)
Net Income Applicable To Common Shares(175.9M)(76.1M)857.7M298.5M343.3M360.4M
Net Income(76.1M)857.7M298.5M105.2M121.0M72.1M
Income Tax Expense84.3M298.9M77.6M39.7M45.7M76.3M
Tax Provision17.7M298.9M77.6M39.7M45.7M79.2M
Interest Income143.9M500K13.3M10M9M8.6M
Selling General Administrative72M102.6M99.3M114.7M131.9M93.3M
Net Interest Income(84.4M)(59.7M)(21.8M)(34.9M)(40.1M)(42.1M)
Net Income From Continuing Ops(76.1M)857.7M298.5M105.2M121.0M222.1M
Reconciled Depreciation87.2M87M95.3M115M103.5M82.0M
When determining whether Algoma Steel Group is a strong investment it is important to analyze Algoma Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Algoma Steel's future performance. For an informed investment choice regarding Algoma Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Steel Group. 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.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Please note, there is a significant difference between Algoma Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algoma Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algoma Steel'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.