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.
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.
Cerence |
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
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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 Amortization | 16.0M | 10.6M | 9.6M | 18.2M | Interest Income | 4.5M | 5.4M | 6.2M | 6.5M |
Cerence income statement Correlations
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Cerence Account Relationship Matchups
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Cerence income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Tax Provision | 2.4M | 112.1M | 19.9M | 3.5M | 4.0M | 3.8M | |
Interest Income | 109K | 1.0M | 4.5M | 5.4M | 6.2M | 6.5M | |
Depreciation And Amortization | 29.7M | 23.9M | 16.0M | 10.6M | 9.6M | 18.2M | |
Interest Expense | 14.0M | 14.4M | 14.8M | 12.6M | 14.4M | 15.7M | |
Selling General Administrative | 57.0M | 42.7M | 57.9M | 52.5M | 60.3M | 41.2M | |
Selling And Marketing Expenses | 38.7M | 31.1M | 27.5M | 21.7M | 19.6M | 24.5M | |
Total Revenue | 387.2M | 327.9M | 294.5M | 331.5M | 381.2M | 331.2M | |
Gross Profit | 286.1M | 230.7M | 199.3M | 244.3M | 280.9M | 233.5M | |
Other Operating Expenses | 321.5M | 289.6M | 321.7M | 911.4M | 1.0B | 1.1B | |
Operating Income | 60.6M | 38.3M | (27.2M) | (579.9M) | (521.9M) | (495.8M) | |
Net Income From Continuing Ops | 45.9M | (310.8M) | (56.3M) | (588.1M) | (529.3M) | (502.8M) | |
Ebit | 62.3M | (184.4M) | (21.6M) | (572.1M) | (514.9M) | (489.1M) | |
Research Development | 112.1M | 107.1M | 123.3M | 121.6M | 139.8M | 102.3M | |
Ebitda | 91.9M | (160.4M) | (5.6M) | (561.4M) | (505.3M) | (480.0M) | |
Cost Of Revenue | 101.1M | 97.2M | 95.2M | 87.2M | 100.3M | 97.7M | |
Total Operating Expenses | 220.4M | 192.4M | 226.9M | 824.2M | 947.8M | 995.2M | |
Income Before Tax | 48.3M | (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 Shares | 100.3M | (20.6M) | 45.9M | (310.8M) | (279.7M) | (265.8M) | |
Net Income | 45.9M | (310.8M) | (56.3M) | (588.1M) | (529.3M) | (502.8M) | |
Income Tax Expense | 2.4M | 112.1M | 19.9M | 3.5M | 4.0M | 3.8M | |
Reconciled Depreciation | 29.7M | 23.9M | 16.0M | 10.6M | 9.6M | 18.5M | |
Net Interest Income | (13.9M) | (13.4M) | (10.3M) | (7.2M) | (8.3M) | (8.7M) |
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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 | Quarterly Revenue Growth 0.144 | Return On Assets |
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.