Avicanna Gross Profit vs. Net Income

AVCN Stock  CAD 0.37  0.03  7.50%   
Based on the key profitability measurements obtained from Avicanna's financial statements, Avicanna's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Avicanna's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2017-09-30
Previous Quarter
3.1 M
Current Value
2.7 M
Quarterly Volatility
1.3 M
 
Covid
As of the 14th of December 2024, Price To Sales Ratio is likely to drop to 1.68. In addition to that, Days Sales Outstanding is likely to drop to 61.30. As of the 14th of December 2024, Accumulated Other Comprehensive Income is likely to grow to about 18.5 M, while Net Interest Income is likely to drop (640.8 K).
For Avicanna profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avicanna to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avicanna utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avicanna's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avicanna over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Avicanna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avicanna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avicanna'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.

Avicanna Net Income vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Avicanna's current stock value. Our valuation model uses many indicators to compare Avicanna value to that of its competitors to determine the firm's financial worth.
Avicanna is rated second in gross profit category among its peers. It is number one stock in net income category among its peers . At this time, Avicanna's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Avicanna by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Avicanna's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Avicanna Net Income vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Avicanna

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.12 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Avicanna

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(7.89 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Avicanna Net Income Comparison

Avicanna is currently under evaluation in net income category among its peers.

Avicanna Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Avicanna, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avicanna will eventually generate negative long term returns. The profitability progress is the general direction of Avicanna's change in net profit over the period of time. It can combine multiple indicators of Avicanna, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income17.6 M18.5 M
Net Interest Income-610.3 K-640.8 K
Interest Income1.7 M1.1 M
Operating Income-7.7 M-8.1 M
Net Loss-8.7 M-9.2 M
Income Before Tax-8.7 M-9.2 M
Total Other Income Expense Net-1.1 M-1.1 M
Net Loss-13.3 M-13.9 M
Net Loss-7.9 M-8.3 M
Income Tax Expense-857.5 K-814.6 K
Change To Netincome7.7 M4.6 M
Net Loss(0.10)(0.11)
Income Quality 0.16  0.15 
Net Income Per E B T 1.05  0.81 

Avicanna Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Avicanna. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Avicanna position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Avicanna's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Avicanna without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Avicanna position

In addition to having Avicanna in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Cars
Cars Theme
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cars Theme or any other thematic opportunities.
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Other Information on Investing in Avicanna Stock

To fully project Avicanna's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Avicanna at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Avicanna's income statement, its balance sheet, and the statement of cash flows.
Potential Avicanna investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Avicanna investors may work on each financial statement separately, they are all related. The changes in Avicanna's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avicanna's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.