Quipt Historical Income Statement
| QIPT Stock | 3.32 0.06 1.78% |
Historical analysis of Quipt Home income statement accounts such as Total Revenue of 267.8 M, Gross Profit of 197.8 M, Other Operating Expenses of 249.4 M or Operating Income of 18.2 M can show how well Quipt Home Medical performed in making a profits. Evaluating Quipt Home income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quipt Home's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Quipt Home Medical 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 Quipt Home Medical is a good buy for the upcoming year.
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About Quipt Income Statement Analysis
Quipt Home Medical 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 Quipt Home shareholders. The income statement also shows Quipt 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).
Quipt Home Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Quipt Home Medical 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 Quipt Home Medical minus its cost of goods sold. It is profit before Quipt Home 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 Quipt Home Medical. It is also known as Quipt Home 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 Quipt Home's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quipt Home Medical 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 Quipt Home Medical. 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, Quipt Home's Other Operating Expenses is very stable compared to the past year. As of the 28th of March 2025, Operating Income is likely to grow to about 18.2 M, though Total Other Income Expense Net is likely to grow to (9.6 M).
| 2021 | 2022 | 2024 | 2025 (projected) | Gross Profit | 106.6M | 163.8M | 188.4M | 197.8M | Total Revenue | 139.9M | 221.7M | 255.0M | 267.8M |
Quipt Home income statement Correlations
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Quipt Home Account Relationship Matchups
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Quipt Home income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 19.6M | 22.5M | 29.4M | 54.2M | 62.3M | 65.4M | |
| Ebit | (454.6K) | (1.8M) | 11.0M | 1.1M | 1.3M | 1.3M | |
| Ebitda | 19.1M | 20.7M | 40.4M | 55.3M | 63.5M | 66.7M | |
| Total Other Income Expense Net | (7.8M) | (14.0M) | (13.5M) | (11.3M) | (10.1M) | (9.6M) | |
| Net Income | (5.0M) | (6.2M) | 4.8M | (2.8M) | (2.5M) | (2.6M) | |
| Income Tax Expense | 128.5K | (3.2M) | (1.9M) | 85K | 76.5K | 80.3K | |
| Total Revenue | 73.0M | 102.4M | 139.9M | 221.7M | 255.0M | 267.8M | |
| Gross Profit | 53.0M | 74.2M | 106.6M | 163.8M | 188.4M | 197.8M | |
| Other Operating Expenses | 67.2M | 95.7M | 122.1M | 206.6M | 237.5M | 249.4M | |
| Operating Income | 4.5M | (1.5M) | 4.7M | 15.1M | 17.4M | 18.2M | |
| Total Operating Expenses | 47.1M | 67.5M | 88.9M | 148.7M | 171.0M | 179.5M | |
| Income Before Tax | (4.1M) | (9.3M) | 2.2M | (2.7M) | (2.4M) | (2.6M) | |
| Cost Of Revenue | 20.0M | 28.2M | 33.2M | 57.9M | 66.6M | 69.9M | |
| Selling General Administrative | 32.1M | 47.4M | 5.5M | 5.3M | 6.1M | 5.8M | |
| Selling And Marketing Expenses | 450.5K | 2.4M | 3.6M | 4.2M | 4.8M | 5.0M | |
| Interest Expense | 1.9M | 1.9M | 2.1M | 6.6M | 7.6M | 8.0M |
Pair Trading with Quipt Home
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 Quipt Home 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 Quipt Home will appreciate offsetting losses from the drop in the long position's value.Moving together with Quipt Stock
Moving against Quipt Stock
The ability to find closely correlated positions to Quipt Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quipt Home 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 Quipt Home - 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 Quipt Home Medical to buy it.
The correlation of Quipt Home 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 Quipt Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quipt Home Medical 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 Quipt Home 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quipt Home Medical. 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 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.