Pro Historical Income Statement
PRV-UN Stock | CAD 5.21 0.03 0.57% |
Historical analysis of Pro Real income statement accounts such as EBIT of 2.6 M, Ebitda of 53 M, Total Operating Expenses of 10.2 M or Net Income of 25.7 M can show how well Pro Real Estate performed in making a profits. Evaluating Pro Real income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Pro Real's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Pro Real Estate 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 Pro Real Estate is a good buy for the upcoming year.
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About Pro Income Statement Analysis
Pro Real Estate 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 Pro Real shareholders. The income statement also shows Pro 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).
Pro Real 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 Pro Real Estate. It is also known as Pro Real 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.Most accounts from Pro Real's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Pro Real Estate 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pro Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Pro Real's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 54.3 M, whereas Interest Expense is forecasted to decline to about 10.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 46.3M | 57.7M | 57.9M | 31.4M | Total Revenue | 77.7M | 97.2M | 99.9M | 52.5M |
Pro Real income statement Correlations
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Pro Real Account Relationship Matchups
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Pro Real income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 12.5M | 14.0M | 15.3M | 19.0M | 21.2M | 10.8M | |
Selling General Administrative | 5.4M | 3.9M | 7.4M | 5.9M | 9.0M | 9.4M | |
Other Operating Expenses | 28.1M | 33.9M | 39.5M | 46.1M | 51.7M | 54.3M | |
Operating Income | 23.2M | 39.8M | 35.8M | 51.2M | 49.7M | 52.2M | |
Ebit | (7.9M) | 12.7M | (3.1M) | 8.2M | 2.5M | 2.6M | |
Ebitda | 23.8M | 40.4M | 36.5M | 52.0M | 50.5M | 53.0M | |
Total Operating Expenses | 5.9M | 4.6M | 8.1M | 6.6M | 9.7M | 10.2M | |
Net Income | 7.8M | 1.9M | 81.8M | 136.8M | 25.9M | 25.7M | |
Income Tax Expense | 7.2M | 19.2M | 14.6M | (52.3M) | 23.9M | 25.1M | |
Income Before Tax | 15.0M | 21.1M | 81.8M | 84.5M | 25.9M | 25.5M | |
Depreciation And Amortization | 31.7M | 27.8M | 39.6M | 43.8M | 48M | 25.3M | |
Total Revenue | 57.6M | 69.8M | 77.7M | 97.2M | 99.9M | 52.5M | |
Gross Profit | 35.5M | 40.5M | 46.3M | 57.7M | 57.9M | 31.4M | |
Cost Of Revenue | 22.1M | 29.3M | 31.4M | 39.5M | 42.0M | 21.1M | |
Total Other Income Expense Net | (8.2M) | (18.7M) | 46.0M | 33.3M | 129K | 122.6K | |
Net Interest Income | (13.5M) | (15.4M) | (16.9M) | (20.5M) | (22.4M) | (21.3M) | |
Net Income From Continuing Ops | 15.0M | 21.1M | 81.8M | 84.5M | 25.9M | 36.3M | |
Research Development | 0.46 | 0.26 | 0.3 | 1.05 | 0.87 | 0.25 | |
Net Income Applicable To Common Shares | 18.8M | 15.0M | 21.1M | 81.8M | 94.1M | 98.8M | |
Reconciled Depreciation | 569K | 671K | 729K | 789K | 786K | 601.2K |
Pair Trading with Pro Real
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 Pro Real 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 Pro Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Pro Stock
Moving against Pro Stock
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The ability to find closely correlated positions to Pro Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pro Real 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 Pro Real - 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 Pro Real Estate to buy it.
The correlation of Pro Real 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 Pro Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pro Real Estate 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 Pro Real 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.Other Information on Investing in Pro Stock
Pro Real Estate 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 Pro Real shareholders. The income statement also shows Pro 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).