Westport Historical Income Statement

WPRT Stock  CAD 5.91  0.19  3.11%   
Historical analysis of Westport Fuel income statement accounts such as Depreciation And Amortization of 8.6 M, Interest Expense of 4.3 M, Selling General Administrative of 53.4 M or Total Revenue of 400.6 M can show how well Westport Fuel Systems performed in making a profits. Evaluating Westport Fuel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Westport Fuel's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Westport Fuel Systems 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 Westport Fuel Systems 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 Westport Fuel Systems. 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 Westport Income Statement Analysis

Westport Fuel Systems 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 Westport Fuel shareholders. The income statement also shows Westport 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).

Westport Fuel Income Statement Chart

At this time, Westport Fuel's Tax Provision is very stable compared to the past year. As of the 4th of March 2025, Reconciled Depreciation is likely to grow to about 11.5 M, while Depreciation And Amortization is likely to drop about 8.6 M.

Total Revenue

Total revenue comprises all receipts Westport Fuel Systems 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Westport Fuel Systems. It is also known as Westport Fuel 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 Westport Fuel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Westport Fuel Systems 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 Westport Fuel Systems. 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, Westport Fuel's Tax Provision is very stable compared to the past year. As of the 4th of March 2025, Reconciled Depreciation is likely to grow to about 11.5 M, while Depreciation And Amortization is likely to drop about 8.6 M.
 2022 2023 2024 2025 (projected)
Other Operating Expenses349.5M377.7M434.3M456.1M
Total Revenue305.7M331.8M381.6M400.6M

Westport Fuel income statement Correlations

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0.60.450.080.17-0.25-0.150.36-0.1-0.010.43-0.190.25-0.040.020.550.290.180.67-0.1-0.50.06-0.420.46
0.660.450.610.83-0.38-0.350.48-0.30.550.66-0.38-0.03-0.330.160.620.580.170.17-0.26-0.09-0.250.23-0.15
0.310.080.610.910.410.38-0.320.420.99-0.110.380.00.38-0.070.57-0.150.76-0.02-0.85-0.06-0.420.85-0.59
0.520.170.830.910.01-0.040.090.010.90.28-0.02-0.01-0.020.010.530.220.52-0.03-0.61-0.03-0.420.67-0.54
-0.39-0.25-0.380.410.010.95-0.930.940.41-0.860.980.070.96-0.280.2-0.80.68-0.05-0.7-0.1-0.020.6-0.22
-0.42-0.15-0.350.38-0.040.95-0.961.00.37-0.880.97-0.010.96-0.160.22-0.860.650.05-0.69-0.1-0.110.53-0.21
0.480.360.48-0.320.09-0.93-0.96-0.95-0.350.95-0.930.04-0.890.160.010.93-0.610.110.64-0.030.11-0.580.3
-0.35-0.1-0.30.420.010.941.0-0.950.41-0.860.970.020.96-0.160.27-0.840.70.06-0.73-0.11-0.10.55-0.2
0.27-0.010.550.990.90.410.37-0.350.41-0.160.38-0.010.37-0.080.46-0.20.75-0.08-0.85-0.02-0.460.88-0.65
0.660.430.66-0.110.28-0.86-0.880.95-0.86-0.16-0.860.08-0.810.180.250.95-0.430.130.45-0.040.07-0.430.26
-0.39-0.19-0.380.38-0.020.980.97-0.930.970.38-0.860.150.97-0.230.24-0.80.68-0.06-0.68-0.07-0.040.56-0.19
0.370.25-0.030.0-0.010.07-0.010.040.02-0.010.080.150.08-0.080.190.120.31-0.290.010.170.25-0.070.38
-0.34-0.04-0.330.38-0.020.960.96-0.890.960.37-0.810.970.08-0.360.31-0.790.70.19-0.72-0.31-0.130.48-0.14
0.030.020.16-0.070.01-0.28-0.160.16-0.16-0.080.18-0.23-0.08-0.36-0.010.23-0.26-0.380.250.70.41-0.070.05
0.530.550.620.570.530.20.220.010.270.460.250.240.190.31-0.010.230.480.32-0.51-0.28-0.010.260.12
0.510.290.58-0.150.22-0.8-0.860.93-0.84-0.20.95-0.80.12-0.790.230.23-0.5-0.020.510.080.15-0.390.25
0.310.180.170.760.520.680.65-0.610.70.75-0.430.680.310.7-0.260.48-0.50.06-0.92-0.17-0.180.69-0.26
0.150.670.17-0.02-0.03-0.050.050.110.06-0.080.13-0.06-0.290.19-0.380.32-0.020.06-0.18-0.91-0.28-0.350.23
-0.17-0.1-0.26-0.85-0.61-0.7-0.690.64-0.73-0.850.45-0.680.01-0.720.25-0.510.51-0.92-0.180.260.32-0.770.42
-0.09-0.5-0.09-0.06-0.03-0.1-0.1-0.03-0.11-0.02-0.04-0.070.17-0.310.7-0.280.08-0.17-0.910.260.420.19-0.09
0.130.06-0.25-0.42-0.42-0.02-0.110.11-0.1-0.460.07-0.040.25-0.130.41-0.010.15-0.18-0.280.320.42-0.350.71
-0.03-0.420.230.850.670.60.53-0.580.550.88-0.430.56-0.070.48-0.070.26-0.390.69-0.35-0.770.19-0.35-0.71
0.240.46-0.15-0.59-0.54-0.22-0.210.3-0.2-0.650.26-0.190.38-0.140.050.120.25-0.260.230.42-0.090.71-0.71
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Westport Fuel Account Relationship Matchups

Westport Fuel income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization14.0M14.0M11.8M12.5M14.4M8.6M
Interest Expense8.0M4.9M3.4M3.0M3.4M4.3M
Selling General Administrative26.6M36.3M37.0M44.2M50.9M53.4M
Total Revenue252.5M312.4M305.7M331.8M381.6M400.6M
Other Operating Expenses278.3M344.6M349.5M377.7M434.3M456.1M
Operating Income(1.8M)2.9M(43.8M)(45.9M)(41.3M)(43.4M)
Ebit(25.8M)(32.2M)(40.6M)(45.7M)(41.2M)(43.2M)
Research Development21.0M25.2M23.5M26.0M29.9M32.9M
Ebitda(11.8M)(18.2M)(28.8M)(33.2M)(29.9M)(31.4M)
Cost Of Revenue213.0M264.3M269.5M282.9M325.3M341.6M
Total Operating Expenses65.4M80.4M80.0M94.8M109.0M75.9M
Income Before Tax(5.9M)5.5M(31.3M)(48.7M)(43.8M)(46.0M)
Total Other Income Expense Net16.1M36.1M19.0M(2.8M)(3.3M)(3.1M)
Net Income(7.4M)13.7M(32.7M)(49.7M)(44.7M)(47.0M)
Income Tax Expense1.4M(8.1M)1.4M1.0M901.8K896.9K
Gross Profit39.5M48.2M36.2M48.9M56.3M31.4M
Selling And Marketing Expenses11.5M13.5M15.1M16.3M14.7M14.1M
Net Income From Continuing Ops(7.4M)13.7M(32.7M)(49.7M)(57.2M)(60.0M)
Net Income Applicable To Common Shares41K(7.4M)13.7M(32.7M)(37.6M)(39.5M)
Tax Provision1.4M(8.1M)1.4M1.0M1.2M1.2M
Interest Income16.1M1.4M1.4M2.7M2.4M2.3M
Net Interest Income(8.0M)(3.5M)(1.9M)(291K)(334.7K)(351.4K)
Reconciled Depreciation14.0M14.0M11.8M12.5M11.2M11.5M

Pair Trading with Westport Fuel

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 Westport Fuel 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 Westport Fuel will appreciate offsetting losses from the drop in the long position's value.

Moving against Westport Stock

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The ability to find closely correlated positions to Westport Fuel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westport Fuel 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 Westport Fuel - 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 Westport Fuel Systems to buy it.
The correlation of Westport Fuel 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 Westport Fuel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westport Fuel Systems 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 Westport Fuel 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.
Pair CorrelationCorrelation Matching
When determining whether Westport Fuel Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westport Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westport Fuel Systems Stock. Highlighted below are key reports to facilitate an investment decision about Westport Fuel Systems Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westport Fuel Systems. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between Westport Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westport Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westport Fuel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.