Somero Historical Income Statement
SOM Stock | 302.50 3.50 1.14% |
Historical analysis of Somero Enterprise income statement accounts such as Other Operating Expenses of 58.9 M, Operating Income of 40.6 M, EBIT of 40.2 M or Ebitda of 21.3 M can show how well Somero Enterprise performed in making a profits. Evaluating Somero Enterprise income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Somero Enterprise's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Somero Enterprise 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 Somero Enterprise is a good buy for the upcoming year.
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About Somero Income Statement Analysis
Somero Enterprise 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 Somero Enterprise shareholders. The income statement also shows Somero 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).
Somero Enterprise Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Somero Enterprise 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 Somero Enterprise minus its cost of goods sold. It is profit before Somero Enterprise 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 Somero Enterprise. It is also known as Somero Enterprise 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 Somero Enterprise's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Somero Enterprise 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 Somero Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Somero Enterprise's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 40.2 M, whereas Total Revenue is forecasted to decline to about 77.8 M.
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 18K | 19K | 17.1K | 16.2K | Depreciation And Amortization | 1.5M | 1.6M | 1.4M | 1.8M |
Somero Enterprise income statement Correlations
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Somero Enterprise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Somero Enterprise income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Depreciation And Amortization | 1.1M | 1.3M | 1.5M | 1.6M | 1.4M | 1.8M | |
Total Revenue | 88.6M | 133.3M | 133.6M | 120.7M | 138.8M | 77.8M | |
Gross Profit | 48.8M | 76.9M | 76.2M | 67.4M | 77.5M | 43.2M | |
Other Operating Expenses | 64.7M | 88.2M | 90.5M | 87.1M | 100.2M | 58.9M | |
Operating Income | 23.9M | 45.1M | 43.1M | 33.6M | 38.6M | 40.6M | |
Ebit | 24.7M | 44.7M | 40.8M | 33.3M | 38.2M | 40.2M | |
Ebitda | 25.8M | 46.0M | 42.3M | 34.8M | 40.0M | 21.3M | |
Cost Of Revenue | 39.8M | 56.5M | 57.4M | 53.3M | 61.3M | 34.6M | |
Total Operating Expenses | 25.0M | 31.7M | 33.1M | 33.8M | 38.8M | 24.2M | |
Income Before Tax | 24.6M | 44.6M | 40.8M | 33.2M | 38.2M | 40.1M | |
Total Other Income Expense Net | 757K | (521K) | (2.3M) | (358K) | (411.7K) | (432.3K) | |
Net Income | 18.8M | 34.8M | 31.1M | 28.0M | 32.2M | 33.8M | |
Income Tax Expense | 5.8M | 9.8M | 9.7M | 5.3M | 6.0M | 4.2M | |
Selling General Administrative | 12.8M | 17.0M | 16.2M | 16.3M | 18.8M | 13.0M | |
Selling And Marketing Expenses | 10.3M | 12.6M | 14.3M | 14.7M | 17.0M | 10.5M | |
Research Development | 1.8M | 2.1M | 2.6M | 2.7M | 3.1M | 1.7M | |
Net Income From Continuing Ops | 18.8M | 34.8M | 31.1M | 28.0M | 32.2M | 23.6M | |
Net Income Applicable To Common Shares | 21.1M | 18.8M | 34.8M | 31.1M | 35.8M | 22.8M | |
Tax Provision | 5.8M | 9.8M | 9.7M | 5.3M | 6.0M | 7.8M | |
Interest Income | 244K | 171K | 62K | 196K | 176.4K | 161.9K | |
Reconciled Depreciation | 1.1M | 1.3M | 1.5M | 1.6M | 1.4M | 1.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Somero Stock
Somero Enterprise 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 Somero Enterprise shareholders. The income statement also shows Somero 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).