EverQuote Historical Income Statement
| EVER Stock | USD 19.19 0.03 0.16% |
Historical analysis of EverQuote income statement accounts such as Total Revenue of 203.1 M or Gross Profit of 190.5 M can show how well EverQuote Class A performed in making a profits. Evaluating EverQuote income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EverQuote's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining EverQuote Class A 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 EverQuote Class A is a good buy for the upcoming year.
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About EverQuote Income Statement Analysis
EverQuote Class A 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 EverQuote shareholders. The income statement also shows EverQuote 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).
EverQuote 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 EverQuote Class A. It is also known as EverQuote 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.Most accounts from EverQuote's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EverQuote Class A 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EverQuote Class A. 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. At this time, EverQuote's Interest Expense is relatively stable compared to the past year. As of 12/01/2024, Total Other Income Expense Net is likely to grow to about 1.3 M, while Total Revenue is likely to drop slightly above 203.1 M.
EverQuote income statement Correlations
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EverQuote Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EverQuote income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 669K | 189K | 2.2M | 349K | 401.4K | 444.4K | |
| Selling General Administrative | 16.8M | 20.4M | 24.7M | 28.1M | 26.3M | 20.8M | |
| Total Revenue | 248.8M | 346.9M | 418.5M | 404.1M | 287.9M | 203.1M | |
| Gross Profit | 232.9M | 325.6M | 394.6M | 380.1M | 265.5M | 190.5M | |
| Operating Income | (6.8M) | (9.4M) | (20.9M) | (28.9M) | (52.0M) | (49.4M) | |
| Research Development | 20.2M | 29.7M | 35.7M | 31.7M | 27.6M | 16.0M | |
| Cost Of Revenue | 15.9M | 21.4M | 23.9M | 24.0M | 22.5M | 12.6M | |
| Income Before Tax | (7.1M) | (11.2M) | (21.9M) | (24.4M) | (50.7M) | (48.2M) | |
| Total Other Income Expense Net | (295K) | 480K | (20K) | 372K | 1.3M | 1.3M | |
| Net Income | (7.7M) | (13.3M) | (19.4M) | (15.4M) | (51.3M) | (48.7M) | |
| Income Tax Expense | 558K | 2.1M | (2.5M) | (9.0M) | 577K | 548.2K | |
| Other Operating Expenses | 255.6M | 356.4M | 439.4M | 433.1M | 339.9M | 255.0M | |
| Net Income From Continuing Ops | (7.1M) | (11.2M) | (19.4M) | (24.4M) | (53.4M) | (50.8M) | |
| Ebit | (6.8M) | (9.4M) | (21.9M) | (28.9M) | (32.3M) | (30.6M) | |
| Total Operating Expenses | 239.7M | 335.0M | 415.4M | 409.1M | 317.4M | 233.5M | |
| Net Income Applicable To Common Shares | (7.1M) | (11.2M) | (19.4M) | (24.4M) | (22.0M) | (20.9M) | |
| Interest Income | 669K | 189K | 37K | 349K | 1.1M | 1.1M | |
| Net Interest Income | 669K | 189K | 37K | 349K | 1.1M | 1.1M | |
| Depreciation And Amortization | 3.4M | 3.4M | 5.1M | 5.8M | 6.2M | 3.9M | |
| Selling And Marketing Expenses | 202.7M | 284.9M | 355.0M | 349.3M | 240.1M | 245.8M | |
| Ebitda | (3.4M) | (6.1M) | (16.9M) | (23.1M) | (26.1M) | (24.8M) | |
| Reconciled Depreciation | 2.2M | 3.4M | 5.1M | 5.8M | 6.6M | 4.1M |
Pair Trading with EverQuote
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EverQuote position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EverQuote will appreciate offsetting losses from the drop in the long position's value.Moving together with EverQuote Stock
Moving against EverQuote Stock
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| 0.78 | DJTWW | Trump Media Technology Symbol Change | PairCorr |
| 0.48 | WB | Weibo Corp | PairCorr |
| 0.33 | Z | Zillow Group Class | PairCorr |
| 0.33 | BZ | Kanzhun Ltd ADR Buyout Trend | PairCorr |
The ability to find closely correlated positions to EverQuote could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EverQuote when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EverQuote - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EverQuote Class A to buy it.
The correlation of EverQuote is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EverQuote moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EverQuote Class A moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EverQuote can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for EverQuote Stock Analysis
When running EverQuote's price analysis, check to measure EverQuote's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EverQuote is operating at the current time. Most of EverQuote's value examination focuses on studying past and present price action to predict the probability of EverQuote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EverQuote's price. Additionally, you may evaluate how the addition of EverQuote to your portfolios can decrease your overall portfolio volatility.