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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
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.

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

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.

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 Expense18K19K17.1K16.2K
Depreciation And Amortization1.5M1.6M1.4M1.8M

Somero Enterprise income statement Correlations

0.47-0.75-0.75-0.74-0.75-0.76-0.75-0.75-0.7-0.77-0.29-0.78-0.59-0.66-0.61-0.77-0.71-0.360.18-0.680.240.91-0.23
0.47-0.3-0.31-0.3-0.32-0.31-0.28-0.3-0.31-0.37-0.78-0.39-0.23-0.750.02-0.41-0.29-0.210.04-0.130.120.33-0.13
-0.75-0.31.01.00.930.920.991.00.980.92-0.040.910.80.810.910.920.880.54-0.170.54-0.45-0.630.36
-0.75-0.311.00.990.930.930.991.00.970.93-0.040.910.820.80.910.910.880.55-0.170.52-0.46-0.630.34
-0.74-0.31.00.990.910.910.971.00.990.91-0.040.90.760.820.920.950.890.48-0.180.57-0.43-0.620.42
-0.75-0.320.930.930.911.00.930.920.891.0-0.040.980.80.760.840.840.860.66-0.180.47-0.55-0.740.4
-0.76-0.310.920.930.911.00.930.920.891.0-0.020.980.80.750.840.840.860.65-0.160.47-0.52-0.740.4
-0.75-0.280.990.990.970.930.930.980.940.93-0.030.90.860.760.880.860.860.6-0.140.46-0.46-0.630.26
-0.75-0.31.01.01.00.920.920.980.990.92-0.040.90.780.810.920.940.890.51-0.170.57-0.44-0.630.38
-0.7-0.310.980.970.990.890.890.940.990.89-0.030.890.720.830.930.960.870.42-0.190.58-0.4-0.60.49
-0.77-0.370.920.930.911.01.00.930.920.890.040.990.80.780.820.850.860.65-0.160.46-0.52-0.750.4
-0.29-0.78-0.04-0.04-0.04-0.04-0.02-0.03-0.04-0.030.040.05-0.010.38-0.270.05-0.12-0.240.21-0.070.47-0.180.01
-0.78-0.390.910.910.90.980.980.90.90.890.990.050.70.790.810.870.870.6-0.170.52-0.5-0.750.46
-0.59-0.230.80.820.760.80.80.860.780.720.8-0.010.70.590.690.590.630.66-0.090.17-0.44-0.540.07
-0.66-0.750.810.80.820.760.750.760.810.830.780.380.790.590.570.850.740.42-0.170.46-0.37-0.510.42
-0.610.020.910.910.920.840.840.880.920.930.82-0.270.810.690.570.860.810.35-0.160.55-0.35-0.570.47
-0.77-0.410.920.910.950.840.840.860.940.960.850.050.870.590.850.860.880.34-0.210.7-0.38-0.680.51
-0.71-0.290.880.880.890.860.860.860.890.870.86-0.120.870.630.740.810.880.62-0.210.67-0.56-0.680.43
-0.36-0.210.540.550.480.660.650.60.510.420.65-0.240.60.660.420.350.340.62-0.260.08-0.84-0.40.0
0.180.04-0.17-0.17-0.18-0.18-0.16-0.14-0.17-0.19-0.160.21-0.17-0.09-0.17-0.16-0.21-0.21-0.26-0.270.380.35-0.08
-0.68-0.130.540.520.570.470.470.460.570.580.46-0.070.520.170.460.550.70.670.08-0.27-0.23-0.660.59
0.240.12-0.45-0.46-0.43-0.55-0.52-0.46-0.44-0.4-0.520.47-0.5-0.44-0.37-0.35-0.38-0.56-0.840.38-0.230.28-0.13
0.910.33-0.63-0.63-0.62-0.74-0.74-0.63-0.63-0.6-0.75-0.18-0.75-0.54-0.51-0.57-0.68-0.68-0.40.35-0.660.28-0.33
-0.23-0.130.360.340.420.40.40.260.380.490.40.010.460.070.420.470.510.430.0-0.080.59-0.13-0.33
Click cells to compare fundamentals

Somero Enterprise Account Relationship Matchups

Somero Enterprise income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization1.1M1.3M1.5M1.6M1.4M1.8M
Total Revenue88.6M133.3M133.6M120.7M138.8M77.8M
Gross Profit48.8M76.9M76.2M67.4M77.5M43.2M
Other Operating Expenses64.7M88.2M90.5M87.1M100.2M58.9M
Operating Income23.9M45.1M43.1M33.6M38.6M40.6M
Ebit24.7M44.7M40.8M33.3M38.2M40.2M
Ebitda25.8M46.0M42.3M34.8M40.0M21.3M
Cost Of Revenue39.8M56.5M57.4M53.3M61.3M34.6M
Total Operating Expenses25.0M31.7M33.1M33.8M38.8M24.2M
Income Before Tax24.6M44.6M40.8M33.2M38.2M40.1M
Total Other Income Expense Net757K(521K)(2.3M)(358K)(411.7K)(432.3K)
Net Income18.8M34.8M31.1M28.0M32.2M33.8M
Income Tax Expense5.8M9.8M9.7M5.3M6.0M4.2M
Selling General Administrative12.8M17.0M16.2M16.3M18.8M13.0M
Selling And Marketing Expenses10.3M12.6M14.3M14.7M17.0M10.5M
Research Development1.8M2.1M2.6M2.7M3.1M1.7M
Net Income From Continuing Ops18.8M34.8M31.1M28.0M32.2M23.6M
Net Income Applicable To Common Shares21.1M18.8M34.8M31.1M35.8M22.8M
Tax Provision5.8M9.8M9.7M5.3M6.0M7.8M
Interest Income244K171K62K196K176.4K161.9K
Reconciled Depreciation1.1M1.3M1.5M1.6M1.4M1.1M

Also Currently Popular

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).