22nd Historical Income Statement
| XXII Stock | USD 1.44 0.17 10.56% |
Historical analysis of 22nd Century income statement accounts such as Interest Expense of 2.2 M, Selling General Administrative of 10.1 M, Other Operating Expenses of 30.5 M or Total Operating Expenses of 15.3 M can show how well 22nd Century Group performed in making a profits. Evaluating 22nd Century income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of 22nd Century's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining 22nd Century Group 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 22nd Century Group is a good buy for the upcoming year.
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About 22nd Income Statement Analysis
22nd Century Group 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 22nd Century shareholders. The income statement also shows 22nd 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).
22nd Century Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of 22nd Century Group. It is also known as 22nd Century 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Cost Of Revenue
Cost of Revenue is found on 22nd Century Group income statement and represents the costs associated with goods and services 22nd Century 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 22nd Century's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into 22nd Century Group 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 22nd Century Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. As of now, 22nd Century's Cost Of Revenue is increasing as compared to previous years. The 22nd Century's current Depreciation And Amortization is estimated to increase to about 1.4 M, while Selling General Administrative is projected to decrease to under 10.1 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 3.6M | 4.9M | 1.3M | 1.4M | Cost Of Revenue | 60.9M | 40.9M | 14.3M | 19.3M |
22nd Century income statement Correlations
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22nd Century Account Relationship Matchups
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22nd Century income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 72K | 58K | 353K | 9.4M | 2.1M | 2.2M | |
| Selling General Administrative | 15.0M | 25.9M | 32.2M | 31.8M | 10.3M | 10.1M | |
| Other Operating Expenses | 47.1M | 59.3M | 119.2M | 77.1M | 25.8M | 30.5M | |
| Operating Income | (19.0M) | (28.3M) | (57.1M) | (44.9M) | (14.0M) | (14.6M) | |
| Ebit | (19.6M) | (32.5M) | (36.5M) | (45.3M) | (13.4M) | (14.0M) | |
| Ebitda | (18.1M) | (31.0M) | (32.9M) | (40.4M) | (12.1M) | (12.7M) | |
| Total Operating Expenses | 20.4M | 30.4M | 58.3M | 36.2M | 11.6M | 15.3M | |
| Income Before Tax | (19.7M) | (32.6M) | (60.2M) | (54.6M) | (15.5M) | (16.2M) | |
| Net Income | (19.7M) | (32.6M) | (59.8M) | (140.8M) | (15.2M) | (15.9M) | |
| Income Tax Expense | 38K | 14K | (434K) | 47K | 30K | 28.5K | |
| Total Other Income Expense Net | (490K) | (4.2M) | (2.9M) | (9.7M) | (1.5M) | (1.6M) | |
| Gross Profit | 1.4M | 2.1M | 1.2M | (8.7M) | (2.4M) | (2.3M) | |
| Cost Of Revenue | 26.7M | 28.9M | 60.9M | 40.9M | 14.3M | 19.3M | |
| Depreciation And Amortization | 1.5M | 1.5M | 3.6M | 4.9M | 1.3M | 1.4M | |
| Total Revenue | 28.1M | 30.9M | 62.1M | 32.2M | 11.9M | 20.7M | |
| Research Development | 4.1M | 3.3M | 6.6M | 2.6M | 1.1M | 1.1M | |
| Net Income From Continuing Ops | (19.7M) | (32.6M) | (59.8M) | (54.7M) | (15.5M) | (16.3M) | |
| Non Operating Income Net Other | (2.9M) | (418K) | (4.1M) | (2.8M) | (3.2M) | (3.4M) | |
| Net Income Applicable To Common Shares | (26.6M) | (19.7M) | (32.6M) | (59.8M) | (53.8M) | (51.1M) | |
| Interest Income | 1.8M | 321K | 313K | 219K | 72K | 68.4K | |
| Net Interest Income | 1.7M | 263K | (40K) | (9.1M) | (2.0M) | (1.9M) | |
| Reconciled Depreciation | 1.5M | 1.5M | 3.6M | 4.9M | 1.3M | 2.3M |
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When determining whether 22nd Century Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 22nd Century's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 22nd Century Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 22nd Century Group Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 22nd Century Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Tobacco space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 22nd Century. If investors know 22nd will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 22nd Century listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (157.62) | Revenue Per Share | Quarterly Revenue Growth (0.24) | Return On Assets | Return On Equity |
The market value of 22nd Century Group is measured differently than its book value, which is the value of 22nd that is recorded on the company's balance sheet. Investors also form their own opinion of 22nd Century's value that differs from its market value or its book value, called intrinsic value, which is 22nd Century's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 22nd Century's market value can be influenced by many factors that don't directly affect 22nd Century's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 22nd Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if 22nd Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 22nd Century'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.