Sprott Historical Income Statement
| SII Stock | CAD 63.86 0.06 0.09% |
Historical analysis of Sprott income statement accounts such as Gross Profit of 80 M, Other Operating Expenses of 74.1 M, Operating Income of 38.9 M or Ebit of 51.4 M can show how well Sprott Inc performed in making a profits. Evaluating Sprott income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sprott's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sprott Inc 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 Sprott Inc is a good buy for the upcoming year.
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About Sprott Income Statement Analysis
Sprott Inc 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 Sprott shareholders. The income statement also shows Sprott 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).
Sprott Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Sprott Inc 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 Sprott Inc minus its cost of goods sold. It is profit before Sprott 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 Sprott Inc. It is also known as Sprott 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 Sprott's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sprott Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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, Sprott's Net Income From Continuing Ops is very stable compared to the past year. As of the 24th of March 2025, Tax Provision is likely to grow to about 20.7 M, while Depreciation And Amortization is likely to drop about 3.1 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 74.2M | 64.2M | 80.8M | 80.0M | Total Revenue | 154.3M | 146.3M | 168.4M | 109.5M |
Sprott income statement Correlations
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Sprott Account Relationship Matchups
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High Negative Relationship
Sprott income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 117.8M | 145.6M | 151.5M | 2.8M | 3.3M | 3.1M | |
| Interest Expense | 1.2M | 1.2M | 32.5M | 4.1M | 3.1M | 2.9M | |
| Selling General Administrative | 12.7M | 24.4M | 103.6M | 17.5M | 18.8M | 17.8M | |
| Total Revenue | 114.4M | 164.9M | 154.3M | 146.3M | 168.4M | 109.5M | |
| Gross Profit | 55.6M | 87.1M | 74.2M | 64.2M | 80.8M | 80.0M | |
| Other Operating Expenses | 76.6M | 106.9M | 109.9M | 102.4M | 92.2M | 74.1M | |
| Operating Income | 36.7M | 63.4M | 57.6M | 43.9M | 59.8M | 38.9M | |
| Ebit | (77.1M) | (77.6M) | (90.6M) | 54.4M | 48.9M | 51.4M | |
| Ebitda | 40.7M | 67.9M | 60.9M | 57.2M | 51.5M | 42.4M | |
| Total Operating Expenses | 17.8M | 29.0M | 29.9M | 20.3M | 108.5M | 114.0M | |
| Income Before Tax | 34.7M | 45.2M | 25.1M | 50.3M | 69.0M | 72.5M | |
| Total Other Income Expense Net | (4.4M) | (20.6M) | (33.7M) | 6.4M | 12.3M | 12.9M | |
| Net Income | 27.0M | 33.2M | 17.6M | 41.8M | 49.3M | 51.8M | |
| Income Tax Expense | 7.7M | 12.0M | 7.4M | 8.5M | 7.6M | 7.8M | |
| Cost Of Revenue | 58.8M | 77.9M | 80.0M | 82.1M | 87.5M | 56.1M | |
| Net Income From Continuing Ops | 27.0M | 33.2M | 17.6M | 41.8M | 49.3M | 51.8M | |
| Net Income Applicable To Common Shares | 10.2M | 27.0M | 33.2M | 17.6M | 20.3M | 10.6M | |
| Tax Provision | 7.7M | 12.0M | 7.4M | 8.5M | 19.7M | 20.7M | |
| Net Interest Income | 2.7M | 2.4M | 2.1M | (4.1M) | (3.1M) | (2.9M) | |
| Interest Income | 4.0M | 1.6M | 7.6M | 4.9M | 4.4M | 5.3M | |
| Reconciled Depreciation | 4.1M | 4.6M | 3.4M | 2.8M | 2.2M | 2.8M |
Pair Trading with Sprott
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 Sprott 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 Sprott will appreciate offsetting losses from the drop in the long position's value.Moving against Sprott Stock
The ability to find closely correlated positions to Sprott could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott 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 Sprott - 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 Sprott Inc to buy it.
The correlation of Sprott 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 Sprott moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Inc 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 Sprott 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.