Cerence Historical Income Statement

CRNC Stock  USD 19.33  11.40  143.76%   
Historical analysis of Cerence income statement accounts such as Interest Income of 6.5 M, Depreciation And Amortization of 18.2 M or Interest Expense of 15.7 M can show how well Cerence performed in making a profits. Evaluating Cerence income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cerence's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Cerence 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 Cerence 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 Cerence. 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.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.

About Cerence Income Statement Analysis

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

Cerence Income Statement Chart

At present, Cerence's Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 15.7 M, whereas Tax Provision is forecasted to decline to about 3.8 M.

Total Revenue

Total revenue comprises all receipts Cerence 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 Cerence minus its cost of goods sold. It is profit before Cerence 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.
Most accounts from Cerence's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cerence 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 Cerence. 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.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.At present, Cerence's Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 15.7 M, whereas Tax Provision is forecasted to decline to about 3.8 M.
 2022 2023 2024 2025 (projected)
Depreciation And Amortization16.0M10.6M9.6M18.2M
Interest Income4.5M5.4M6.2M6.5M

Cerence income statement Correlations

-0.01-0.150.05-0.2-0.05-0.02-0.090.07-0.22-0.10.01-0.1-0.11-0.08-0.070.48-0.231.0-0.150.180.07
-0.01-0.720.64-0.640.510.520.92-0.92-0.87-0.90.7-0.90.430.92-0.90.22-0.87-0.01-0.710.88-0.72
-0.15-0.72-0.140.930.060.0-0.550.680.620.64-0.220.650.23-0.580.61-0.670.62-0.151.0-0.530.33
0.050.64-0.140.010.910.90.64-0.56-0.61-0.610.95-0.60.860.61-0.62-0.23-0.610.05-0.140.83-0.31
-0.2-0.640.930.010.20.14-0.510.650.60.61-0.050.620.32-0.550.58-0.650.6-0.20.93-0.370.4
-0.050.510.060.910.20.990.66-0.53-0.59-0.590.92-0.570.940.63-0.61-0.39-0.59-0.050.070.73-0.39
-0.020.520.00.90.140.990.69-0.57-0.62-0.620.9-0.610.880.66-0.64-0.29-0.62-0.020.00.76-0.39
-0.090.92-0.550.64-0.510.660.69-0.97-0.92-0.960.72-0.950.531.0-0.960.09-0.92-0.09-0.540.84-0.79
0.07-0.920.68-0.560.65-0.53-0.57-0.970.930.97-0.640.97-0.39-0.980.97-0.20.930.070.67-0.810.69
-0.22-0.870.62-0.610.6-0.59-0.62-0.920.930.99-0.690.99-0.46-0.920.99-0.191.0-0.220.61-0.860.64
-0.1-0.90.64-0.610.61-0.59-0.62-0.960.970.99-0.681.0-0.45-0.961.0-0.170.99-0.090.63-0.850.67
0.010.7-0.220.95-0.050.920.90.72-0.64-0.69-0.68-0.680.870.69-0.71-0.24-0.690.01-0.210.87-0.37
-0.1-0.90.65-0.60.62-0.57-0.61-0.950.970.991.0-0.68-0.44-0.961.0-0.180.99-0.10.65-0.850.67
-0.110.430.230.860.320.940.880.53-0.39-0.46-0.450.87-0.440.49-0.48-0.62-0.46-0.110.240.6-0.34
-0.080.92-0.580.61-0.550.630.661.0-0.98-0.92-0.960.69-0.960.49-0.960.13-0.92-0.08-0.570.83-0.8
-0.07-0.90.61-0.620.58-0.61-0.64-0.960.970.991.0-0.711.0-0.48-0.96-0.120.99-0.070.6-0.850.67
0.480.22-0.67-0.23-0.65-0.39-0.290.09-0.2-0.19-0.17-0.24-0.18-0.620.13-0.12-0.190.47-0.670.18-0.14
-0.23-0.870.62-0.610.6-0.59-0.62-0.920.931.00.99-0.690.99-0.46-0.920.99-0.19-0.230.61-0.860.64
1.0-0.01-0.150.05-0.2-0.05-0.02-0.090.07-0.22-0.090.01-0.1-0.11-0.08-0.070.47-0.23-0.150.180.07
-0.15-0.711.0-0.140.930.070.0-0.540.670.610.63-0.210.650.24-0.570.6-0.670.61-0.15-0.520.32
0.180.88-0.530.83-0.370.730.760.84-0.81-0.86-0.850.87-0.850.60.83-0.850.18-0.860.18-0.52-0.55
0.07-0.720.33-0.310.4-0.39-0.39-0.790.690.640.67-0.370.67-0.34-0.80.67-0.140.640.070.32-0.55
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Cerence Account Relationship Matchups

Cerence income statement Accounts

202020212022202320242025 (projected)
Tax Provision2.4M112.1M19.9M3.5M4.0M3.8M
Interest Income109K1.0M4.5M5.4M6.2M6.5M
Depreciation And Amortization29.7M23.9M16.0M10.6M9.6M18.2M
Interest Expense14.0M14.4M14.8M12.6M14.4M15.7M
Selling General Administrative57.0M42.7M57.9M52.5M60.3M41.2M
Selling And Marketing Expenses38.7M31.1M27.5M21.7M19.6M24.5M
Total Revenue387.2M327.9M294.5M331.5M381.2M331.2M
Gross Profit286.1M230.7M199.3M244.3M280.9M233.5M
Other Operating Expenses321.5M289.6M321.7M911.4M1.0B1.1B
Operating Income60.6M38.3M(27.2M)(579.9M)(521.9M)(495.8M)
Net Income From Continuing Ops45.9M(310.8M)(56.3M)(588.1M)(529.3M)(502.8M)
Ebit62.3M(184.4M)(21.6M)(572.1M)(514.9M)(489.1M)
Research Development112.1M107.1M123.3M121.6M139.8M102.3M
Ebitda91.9M(160.4M)(5.6M)(561.4M)(505.3M)(480.0M)
Cost Of Revenue101.1M97.2M95.2M87.2M100.3M97.7M
Total Operating Expenses220.4M192.4M226.9M824.2M947.8M995.2M
Income Before Tax48.3M(198.8M)(36.4M)(584.6M)(526.1M)(499.8M)
Total Other Income Expense Net(12.3M)(14.4M)(9.2M)(4.7M)(5.4M)(5.6M)
Net Income Applicable To Common Shares100.3M(20.6M)45.9M(310.8M)(279.7M)(265.8M)
Net Income45.9M(310.8M)(56.3M)(588.1M)(529.3M)(502.8M)
Income Tax Expense2.4M112.1M19.9M3.5M4.0M3.8M
Reconciled Depreciation29.7M23.9M16.0M10.6M9.6M18.5M
Net Interest Income(13.9M)(13.4M)(10.3M)(7.2M)(8.3M)(8.7M)

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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.
When determining whether Cerence offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cerence'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 Cerence Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cerence Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerence. 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.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Systems Software 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 Cerence. If investors know Cerence 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 Cerence 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
(0.10)
Earnings Share
(14.12)
Revenue Per Share
8.663
Quarterly Revenue Growth
0.144
Return On Assets
0.0377
The market value of Cerence is measured differently than its book value, which is the value of Cerence that is recorded on the company's balance sheet. Investors also form their own opinion of Cerence's value that differs from its market value or its book value, called intrinsic value, which is Cerence'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 Cerence's market value can be influenced by many factors that don't directly affect Cerence'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 Cerence's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cerence is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cerence'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.