WesCan Historical Income Statement

WCE Stock  CAD 0.05  0.00  0.00%   
Historical analysis of WesCan Energy income statement accounts such as Depreciation And Amortization of 673.3 K, Total Revenue of 3.1 M, Gross Profit of 711.7 K or Other Operating Expenses of 1.4 M can show how well WesCan Energy Corp performed in making a profits. Evaluating WesCan Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of WesCan Energy's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining WesCan Energy Corp 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 WesCan Energy Corp is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesCan Energy Corp. 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.

About WesCan Income Statement Analysis

WesCan Energy Corp 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 WesCan Energy shareholders. The income statement also shows WesCan 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).

WesCan Energy Income Statement Chart

At this time, WesCan Energy's Net Income is fairly stable compared to the past year. Interest Expense is likely to climb to about 120.1 K in 2025, whereas Total Other Income Expense Net is likely to drop slightly above 110.9 K in 2025.

Total Revenue

Total revenue comprises all receipts WesCan Energy Corp 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 WesCan Energy Corp minus its cost of goods sold. It is profit before WesCan Energy 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 WesCan Energy Corp. It is also known as WesCan Energy 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.

Cost Of Revenue

Cost of Revenue is found on WesCan Energy Corp income statement and represents the costs associated with goods and services WesCan Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from WesCan Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into WesCan Energy Corp 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesCan Energy Corp. 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, WesCan Energy's Net Income is fairly stable compared to the past year. Interest Expense is likely to climb to about 120.1 K in 2025, whereas Total Other Income Expense Net is likely to drop slightly above 110.9 K in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue3.5M2.6M2.9M3.1M
Depreciation And Amortization687.2K557.6K641.2K673.3K

WesCan Energy income statement Correlations

0.420.130.870.33-0.060.080.810.590.060.220.27-0.11-0.420.610.00.16-0.360.11
0.420.930.47-0.120.870.930.330.420.830.330.220.83-0.190.14-0.140.150.03-0.47
0.130.930.26-0.390.940.96-0.040.410.860.270.10.950.07-0.2-0.10.060.3-0.58
0.870.470.260.110.010.130.60.740.10.190.19-0.01-0.060.440.080.09-0.20.01
0.33-0.12-0.390.11-0.29-0.240.67-0.32-0.27-0.120.09-0.38-0.60.70.030.08-0.920.57
-0.060.870.940.01-0.290.99-0.060.080.90.270.130.980.0-0.17-0.20.120.2-0.53
0.080.930.960.13-0.240.990.060.170.910.30.160.96-0.06-0.09-0.20.140.15-0.52
0.810.33-0.040.60.67-0.060.060.090.050.180.35-0.18-0.710.88-0.140.27-0.70.22
0.590.420.410.74-0.320.080.170.090.10.06-0.070.160.12-0.060.27-0.150.29-0.28
0.060.830.860.1-0.270.90.910.050.10.660.530.840.00.02-0.360.50.14-0.44
0.220.330.270.19-0.120.270.30.180.060.660.950.160.020.35-0.450.93-0.04-0.05
0.270.220.10.190.090.130.160.35-0.070.530.95-0.02-0.110.56-0.450.98-0.260.12
-0.110.830.95-0.01-0.380.980.96-0.180.160.840.16-0.020.08-0.34-0.13-0.030.33-0.6
-0.42-0.190.07-0.06-0.60.0-0.06-0.710.120.00.02-0.110.08-0.610.09-0.070.49-0.08
0.610.14-0.20.440.7-0.17-0.090.88-0.060.020.350.56-0.34-0.61-0.130.53-0.790.38
0.0-0.14-0.10.080.03-0.2-0.2-0.140.27-0.36-0.45-0.45-0.130.09-0.13-0.420.18-0.21
0.160.150.060.090.080.120.140.27-0.150.50.930.98-0.03-0.070.53-0.42-0.260.16
-0.360.030.3-0.2-0.920.20.15-0.70.290.14-0.04-0.260.330.49-0.790.18-0.26-0.69
0.11-0.47-0.580.010.57-0.53-0.520.22-0.28-0.44-0.050.12-0.6-0.080.38-0.210.16-0.69
Click cells to compare fundamentals

WesCan Energy Account Relationship Matchups

WesCan Energy income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization269.4K296.9K687.2K557.6K641.2K673.3K
Total Revenue8.8M1.5M3.5M2.6M2.9M3.1M
Gross Profit8.5M1.0M2.3M584.0K671.5K711.7K
Other Operating Expenses1.7M2.1M3.7M2.4M2.8M1.4M
Operating Income(911.0K)(600.1K)(155.5K)104.8K120.5K126.5K
Ebit7.1M(600.1K)(155.5K)104.8K120.5K126.5K
Ebitda7.3M(303.1K)531.7K662.4K761.7K799.8K
Cost Of Revenue361.0K463.7K1.2M2.0M2.3M2.4M
Total Operating Expenses1.4M1.6M2.5M479.2K551.1K968.3K
Income Before Tax8.4M60.5K(135.6K)233.9K269.0K282.4K
Total Other Income Expense Net1.3M703.5K106.1K129.1K148.5K110.9K
Net Income432.8K60.5K(135.6K)233.9K269.0K282.4K
Income Tax Expense8.0M43.0K86.1K(2.0)(2.3)(2.18)
Interest Expense1.4K43.0K86.1K99.4K114.4K120.1K
Selling General Administrative414.2K679.0K570.9K479.2K431.3K484.6K
Net Income From Continuing Ops432.8K102.1K(135.6K)233.9K210.5K221.0K
Net Income Applicable To Common Shares(2.9M)432.8K60.5K(135.6K)(122.0K)(115.9K)
Net Interest Income(1.4K)(1.3K)(86.1K)(99.4K)(89.5K)(85.0K)
Reconciled Depreciation249.0K263.6K687.2K557.6K641.2K503.9K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for WesCan Stock Analysis

When running WesCan Energy's price analysis, check to measure WesCan Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WesCan Energy is operating at the current time. Most of WesCan Energy's value examination focuses on studying past and present price action to predict the probability of WesCan Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WesCan Energy's price. Additionally, you may evaluate how the addition of WesCan Energy to your portfolios can decrease your overall portfolio volatility.