Neonode Historical Income Statement
| NEON Stock | USD 8.23 0.10 1.20% |
Historical analysis of Neonode income statement accounts such as Other Operating Expenses of 12.7 M can show how well Neonode performed in making a profits. Evaluating Neonode income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Neonode's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Neonode 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 Neonode is a good buy for the upcoming year.
Neonode |
About Neonode Income Statement Analysis
Neonode 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 Neonode shareholders. The income statement also shows Neonode 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).
Neonode Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Neonode 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.Cost Of Revenue
Cost of Revenue is found on Neonode income statement and represents the costs associated with goods and services Neonode 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.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.Most accounts from Neonode's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Neonode 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 Neonode. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.At this time, Neonode's Interest Income is very stable compared to the past year. As of the 22nd of March 2025, Net Interest Income is likely to grow to about 788.5 K, while Depreciation And Amortization is likely to drop about 136.8 K.
| 2022 | 2023 | 2024 | 2025 (projected) | Total Operating Expenses | 10.2M | 10.7M | 12.2M | 12.3M | Cost Of Revenue | 804K | 4.5M | 4.1M | 3.8M |
Neonode income statement Correlations
Click cells to compare fundamentals
Neonode Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Neonode income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 1.3M | 1.2M | 1.1M | 519K | 160K | 136.8K | |
| Interest Expense | 49K | 34K | 27K | 15K | 90K | 85.5K | |
| Total Revenue | 6.0M | 5.8M | 5.7M | 4.4M | 4.0M | 3.8M | |
| Gross Profit | 4.9M | 4.9M | 4.9M | (93K) | (83.7K) | (79.5K) | |
| Other Operating Expenses | 12.2M | 12.9M | 11.0M | 15.2M | 13.7M | 12.7M | |
| Operating Income | (6.2M) | (7.1M) | (5.3M) | (10.7M) | (9.7M) | (9.2M) | |
| Ebit | (6.2M) | (7.1M) | (5.2M) | (10.8M) | (9.7M) | (9.2M) | |
| Ebitda | (5.0M) | (6.0M) | (4.6M) | (10.6M) | (9.6M) | (9.1M) | |
| Cost Of Revenue | 1.1M | 955K | 804K | 4.5M | 4.1M | 3.8M | |
| Total Operating Expenses | 11.1M | 12.0M | 10.2M | 10.7M | 12.2M | 12.3M | |
| Income Before Tax | (6.2M) | (7.1M) | (5.2M) | (10.0M) | (9.0M) | (9.5M) | |
| Total Other Income Expense Net | (32K) | (15K) | 121K | 736K | 662.4K | 695.5K | |
| Net Income | (6.3M) | (7.3M) | (5.3M) | (10.1M) | (9.1M) | (9.6M) | |
| Income Tax Expense | 59K | 146K | 118K | 115K | 132.3K | 125.6K | |
| Selling General Administrative | 4.4M | 5.6M | 4.2M | 4.4M | 3.9M | 4.5M | |
| Research Development | 4.1M | 3.5M | 4.0M | 3.8M | 4.4M | 4.6M | |
| Selling And Marketing Expenses | 2.5M | 2.8M | 2.0M | 2.5M | 2.8M | 2.7M | |
| Net Income From Continuing Ops | (6.3M) | (7.3M) | (5.3M) | (5.4M) | (6.2M) | (6.5M) | |
| Net Income Applicable To Common Shares | (5.3M) | (5.6M) | (6.5M) | (4.9M) | (5.6M) | (5.9M) | |
| Minority Interest | (882K) | (504K) | (677K) | 818K | (400K) | 0.0 | |
| Tax Provision | 59K | 146K | 118K | 109K | 98.1K | 78.8K | |
| Net Interest Income | (27K) | (15K) | 100K | 653K | 751.0K | 788.5K | |
| Reconciled Depreciation | 1.2M | 1.1M | 519K | 192K | 172.8K | 164.2K |
Pair Trading with Neonode
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 Neonode 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 Neonode will appreciate offsetting losses from the drop in the long position's value.Moving together with Neonode Stock
Moving against Neonode Stock
The ability to find closely correlated positions to Neonode could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neonode 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 Neonode - 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 Neonode to buy it.
The correlation of Neonode 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 Neonode moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neonode 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 Neonode 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neonode. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electronic Equipment, Instruments & Components 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 Neonode. If investors know Neonode 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 Neonode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.72) | Revenue Per Share | Quarterly Revenue Growth (0) | Return On Assets | Return On Equity |
The market value of Neonode is measured differently than its book value, which is the value of Neonode that is recorded on the company's balance sheet. Investors also form their own opinion of Neonode's value that differs from its market value or its book value, called intrinsic value, which is Neonode'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 Neonode's market value can be influenced by many factors that don't directly affect Neonode'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 Neonode's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neonode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neonode'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.