MAG Historical Income Statement
| MAG Stock | CAD 22.89 0.62 2.64% |
Historical analysis of MAG Silver income statement accounts such as Net Income of 81.7 M can show how well MAG Silver Corp performed in making a profits. Evaluating MAG Silver income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MAG Silver's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MAG Silver Corp 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 MAG Silver Corp is a good buy for the upcoming year.
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About MAG Income Statement Analysis
MAG Silver Corp 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 MAG Silver shareholders. The income statement also shows MAG 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).
MAG Silver 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 MAG Silver Corp. It is also known as MAG Silver 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Cost Of Revenue
Cost of Revenue is found on MAG Silver Corp income statement and represents the costs associated with goods and services MAG Silver 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.Most accounts from MAG Silver's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MAG Silver Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. 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. At this time, MAG Silver's Net Income From Continuing Ops is very stable compared to the past year. As of the 27th of March 2025, Net Income Applicable To Common Shares is likely to grow to about 21.3 M, while Interest Expense is likely to drop about 689.7 K.
| 2022 | 2023 | 2024 | 2025 (projected) | Net Interest Income | 630K | 2.5M | 3.9M | 2.0M | Interest Income | 41.0M | 2.6M | 4.6M | 8.7M |
MAG Silver income statement Correlations
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MAG Silver Account Relationship Matchups
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MAG Silver income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 3.2M | 174K | 19.7M | 133K | 726K | 689.7K | |
| Other Operating Expenses | 9.1M | 11.5M | 12.5M | 51.6M | 59.4M | 62.4M | |
| Operating Income | (9.3M) | (11.5M) | 17.8M | (14.3M) | (15.4M) | (14.7M) | |
| Ebitda | (8.4M) | (11.4M) | (1.6M) | (14.0M) | (12.6M) | (12.0M) | |
| Total Operating Expenses | 9.0M | 11.3M | 12.5M | 51.6M | 15.4M | 10.0M | |
| Net Income | (7.1M) | 6.0M | 17.6M | 48.7M | 77.8M | 81.7M | |
| Income Tax Expense | 1.0M | (1.6M) | 371K | 5.6M | 6.4M | 6.7M | |
| Selling General Administrative | 8.9M | 11.2M | 12.2M | 13.6M | 14.1M | 8.3M | |
| Depreciation And Amortization | 121K | 146K | 136K | 352K | 404.8K | 384.6K | |
| Ebit | (8.5M) | (11.5M) | (1.7M) | (14.3M) | (12.9M) | (12.3M) | |
| Income Before Tax | (6.1M) | 4.5M | 18.0M | 54.2M | 82.8M | 87.0M | |
| Total Other Income Expense Net | 2.4M | 15.9M | 41.0M | 68.6M | 94.4M | 99.1M | |
| Gross Profit | (121K) | (146K) | (136K) | (352K) | (659K) | (626.1K) | |
| Cost Of Revenue | 121K | 146K | 136K | 352K | 659K | 692.0K | |
| Net Income From Continuing Ops | (7.1M) | 6.0M | 17.6M | 48.7M | 77.8M | 81.7M | |
| Net Income Applicable To Common Shares | (4.4M) | (7.1M) | 6.0M | 17.6M | 20.3M | 21.3M | |
| Tax Provision | 1.0M | (1.6M) | 371K | 5.6M | 5.0M | 5.3M | |
| Interest Income | 637K | 15.9M | 41.0M | 2.6M | 4.6M | 8.7M | |
| Net Interest Income | 637K | 174K | 630K | 2.5M | 3.9M | 2.0M | |
| Reconciled Depreciation | 121K | 146K | 136K | 352K | 659K | 692.0K |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. 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. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.