Queens Historical Income Statement
| QRC Stock | 6.51 0.18 2.69% |
Historical analysis of Queens Road income statement accounts such as EBITDA of 7.1 M, Total Operating Expenses of 3.3 M, Income Before Tax of 21.8 M or Net Income of 21.8 M can show how well Queens Road Capital performed in making a profits. Evaluating Queens Road income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Queens Road's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Queens Road Capital 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 Queens Road Capital is a good buy for the upcoming year.
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About Queens Income Statement Analysis
Queens Road Capital 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 Queens Road shareholders. The income statement also shows Queens 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).
Queens Road 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 Queens Road Capital. It is also known as Queens Road 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Queens Road Capital minus its cost of goods sold. It is profit before Queens Road 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.Most accounts from Queens Road's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Queens Road Capital 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 Queens Road Capital. 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, Queens Road's Interest Income is very stable compared to the past year. As of the 28th of March 2025, Research Development is likely to grow to about 519.5 K, while Selling General Administrative is likely to drop about 1.2 M.
| 2022 | 2024 | 2025 (projected) | Cost Of Revenue | 251.4K | 2.2M | 2.3M | Research Development | 430.2K | 494.8K | 519.5K |
Queens Road income statement Correlations
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Queens Road Account Relationship Matchups
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Queens Road income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | (8.7M) | (79.3M) | 10.3M | 7.2M | 6.5M | 6.8M | |
| Selling General Administrative | 4.4M | 10.9M | 5.0M | 1.1M | 1.3M | 1.2M | |
| Other Operating Expenses | 9.7M | 4.4M | 10.9M | 5.6M | 6.5M | 3.3M | |
| Operating Income | 67.0M | (2.4M) | 4.7M | 20.0M | 23.0M | 24.1M | |
| Ebit | 9.8M | 67.0M | (12.7M) | (2.3M) | (2.7M) | (2.5M) | |
| Ebitda | 9.8M | 67.0M | (2.4M) | 4.9M | 5.6M | 7.1M | |
| Total Operating Expenses | 4.4M | 10.9M | 5.6M | 3.2M | 3.7M | 3.3M | |
| Income Before Tax | 67.0M | (3.5M) | 4.5M | 18.1M | 20.8M | 21.8M | |
| Total Other Income Expense Net | 70.2K | (1.0M) | (181.2K) | (91.7K) | (105.4K) | (110.7K) | |
| Net Income | 67.0M | (4.2M) | 4.3M | 18.0M | 20.7M | 21.8M | |
| Income Tax Expense | 4.7M | (70.2K) | 682.5K | 125.6K | 144.5K | 137.2K | |
| Interest Income | 13.8M | 66.9M | 1.8M | 8.7M | 10.0M | 12.6M | |
| Total Revenue | 71.4M | 3.9M | 1.6M | 23.2M | 26.7M | 14.3M | |
| Net Income Applicable To Common Shares | (934.8K) | 5.1M | 67.0M | (3.5M) | (4.0M) | (3.8M) | |
| Gross Profit | 71.4M | 3.8M | 1.4M | 21.3M | 19.2M | 18.4M | |
| Net Income From Continuing Ops | 67.0M | (3.5M) | 4.3M | 18.0M | 16.2M | 14.6M | |
| Cost Of Revenue | 690.1K | 98.9K | 251.4K | 1.9M | 2.2M | 2.3M |
Pair Trading with Queens Road
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 Queens Road 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 Queens Road will appreciate offsetting losses from the drop in the long position's value.Moving against Queens Stock
The ability to find closely correlated positions to Queens Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Queens Road 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 Queens Road - 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 Queens Road Capital to buy it.
The correlation of Queens Road 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 Queens Road moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Queens Road Capital 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 Queens Road 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 Queens Stock
Queens Road Capital 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 Queens Road shareholders. The income statement also shows Queens 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).