Gryphon Historical Income Statement
| GRYP Stock | 0.18 0.01 5.26% |
Historical analysis of Gryphon Digital income statement accounts such as Selling General Administrative of 8.2 M or Total Revenue of 0.0 can show how well Gryphon Digital Mining performed in making a profits. Evaluating Gryphon Digital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gryphon Digital's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Gryphon Digital Mining 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 Gryphon Digital Mining is a good buy for the upcoming year.
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About Gryphon Income Statement Analysis
Gryphon Digital Mining 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 Gryphon Digital shareholders. The income statement also shows Gryphon 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).
Gryphon Digital Income Statement Chart
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Cost Of Revenue
Cost of Revenue is found on Gryphon Digital Mining income statement and represents the costs associated with goods and services Gryphon Digital 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gryphon Digital Mining. It is also known as Gryphon Digital 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 Gryphon Digital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gryphon Digital Mining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gryphon Digital Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Gryphon Digital's Income Tax Expense is relatively stable compared to the past year.
| 2022 | 2023 | 2024 | 2025 (projected) | Cost Of Revenue | 9.3M | 13.5M | 15.5M | 8.3M | Research Development | 4.1M | 2.3M | 2.7M | 4.7M |
Gryphon Digital income statement Correlations
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Gryphon Digital Account Relationship Matchups
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Gryphon Digital income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Income | 959.6K | 160.4K | 62K | 0.0 | 863.7K | 906.9K | |
| Selling General Administrative | 4.4M | 22.4M | 8.0M | 4.8M | 4.3M | 8.2M | |
| Total Revenue | 0.0 | 10.9M | 15.6M | 17.6M | 10.5M | 6.8M | |
| Gross Profit | 5.4M | 5.0M | 1.1M | (6.6M) | (6.0M) | (5.7M) | |
| Operating Income | (12.4M) | (17.5M) | (15.9M) | (16.0M) | (4.5M) | (951.5K) | |
| Net Income From Continuing Ops | (30.0K) | (16.4M) | (31.3M) | (58.6M) | (27.0K) | (28.3K) | |
| Ebit | (12.4M) | (33.5M) | (25.1M) | (46.1M) | (4.5M) | (951.5K) | |
| Research Development | 6.3M | 5.9M | 4.1M | 2.3M | 2.7M | 4.7M | |
| Cost Of Revenue | 10.3M | 12.6M | 9.3M | 13.5M | 15.5M | 8.3M | |
| Total Operating Expenses | 18.7M | 22.9M | 20.9M | 17.2M | (2.1M) | 860.9K | |
| Income Before Tax | (12.3M) | (33.9M) | (33.3M) | (47.0M) | (8.6M) | 48.1K | |
| Total Other Income Expense Net | 17.9K | (16.4M) | (1.5M) | (30.9M) | (4.1M) | (8.1K) | |
| Net Income Applicable To Common Shares | (15.5M) | (33.9M) | (31.3M) | (80.0M) | (72.0M) | (68.4M) | |
| Net Income | (12.3M) | (33.9M) | (31.3M) | (79.1M) | (11.8M) | (31.5K) | |
| Net Interest Income | 959.6K | 156.7K | (1.5M) | (853.7K) | 863.7K | 906.9K | |
| Depreciation And Amortization | 4.0M | 5.2M | 4.4M | (3.0M) | (2.7M) | (2.5M) | |
| Other Operating Expenses | 33.2M | 33.5M | 26.5M | 11.3M | 13.0M | 23.6M | |
| Ebitda | (29.5M) | (19.9M) | (41.7M) | (7.4M) | (6.7M) | (7.0M) | |
| Income Tax Expense | 400.0 | (2.3M) | (701.1K) | 3.2M | 3.7M | 3.8M | |
| Selling And Marketing Expenses | 3.9M | (7.4M) | 5.1M | (152K) | (136.8K) | (130.0K) |
Pair Trading with Gryphon Digital
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 Gryphon Digital 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 Gryphon Digital will appreciate offsetting losses from the drop in the long position's value.Moving together with Gryphon Stock
Moving against Gryphon Stock
The ability to find closely correlated positions to Gryphon Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gryphon Digital 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 Gryphon Digital - 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 Gryphon Digital Mining to buy it.
The correlation of Gryphon Digital 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 Gryphon Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gryphon Digital Mining 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 Gryphon Digital 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 Gryphon Stock Analysis
When running Gryphon Digital's price analysis, check to measure Gryphon Digital'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 Gryphon Digital is operating at the current time. Most of Gryphon Digital's value examination focuses on studying past and present price action to predict the probability of Gryphon Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gryphon Digital's price. Additionally, you may evaluate how the addition of Gryphon Digital to your portfolios can decrease your overall portfolio volatility.