Ithaca Historical Income Statement

ITH Stock   104.00  0.60  0.58%   
Historical analysis of Ithaca Energy income statement accounts such as Total Revenue of 2.4 B or Gross Profit of 1.1 B can show how well Ithaca Energy PLC performed in making a profits. Evaluating Ithaca Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ithaca Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ithaca Energy PLC 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 Ithaca Energy PLC is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ithaca Energy PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Ithaca Income Statement Analysis

Ithaca Energy PLC 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 Ithaca Energy shareholders. The income statement also shows Ithaca 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).

Ithaca Energy Income Statement Chart

At present, Ithaca Energy's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.1 B, whereas Income Before Tax is forecasted to decline to about 164.9 M.

Total Revenue

Total revenue comprises all receipts Ithaca Energy PLC 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 Ithaca Energy PLC minus its cost of goods sold. It is profit before Ithaca Energy 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ithaca Energy PLC. It is also known as Ithaca Energy 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 Ithaca Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ithaca Energy PLC 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 Ithaca Energy PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Ithaca Energy's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.1 B, whereas Income Before Tax is forecasted to decline to about 164.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit549.1M1.2B1.0B1.1B
Total Revenue1.4B2.6B2.3B2.4B

Ithaca Energy income statement Correlations

Ithaca Energy Account Relationship Matchups

Ithaca Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization235.2M372.8M455.9M662.9M740.3M397.8M
Selling General Administrative5.1M17.8M15.2M27.7M34.3M36.0M
Total Revenue537.9M1.1B1.4B2.6B2.3B2.4B
Gross Profit100.4M311.5M549.1M1.2B1.0B1.1B
Other Operating Expenses463.0M857.3M932.7M1.5B1.8B1.9B
Operating Income62.9M245.3M462.2M1.1B486.1M510.4M
Ebit(60.7M)245.3M462.2M1.1B411.1M431.6M
Ebitda174.5M618.2M918.1M1.8B1.2B1.2B
Cost Of Revenue437.5M796.1M879.2M1.4B1.3B1.4B
Total Operating Expenses25.5M61.2M53.5M107.3M516.7M542.6M
Income Before Tax(147.6M)(614.7M)763.1M2.2B302.0M164.9M
Total Other Income Expense Net(222.4M)(809.6M)(250.1M)(203.0M)(184.0M)(193.2M)
Net Income(25.3M)(467.1M)620.6M1.0B215.6M138.1M
Income Tax Expense(122.3M)(147.6M)142.5M1.4B86.4M82.1M

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Other Information on Investing in Ithaca Stock

Ithaca Energy PLC 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 Ithaca Energy shareholders. The income statement also shows Ithaca 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).