Alta Net Income from 2010 to 2024

MMA Stock   1.16  0.07  5.69%   
Alta Global's Net Loss is decreasing over the years with slightly volatile fluctuation. Net Loss is expected to dwindle to about -15.1 M. From 2010 to 2024 Alta Global Net Loss quarterly data regression line had arithmetic mean of (12,300,263) and significance of  0.03. View All Fundamentals
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-14.4 M
Current Value
-15.1 M
Quarterly Volatility
2.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alta Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alta Global's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Expense of 3.6 M or Selling General Administrative of 11.4 M, as well as many indicators such as . Alta financial statements analysis is a perfect complement when working with Alta Global Valuation or Volatility modules.
  
Check out the analysis of Alta Global Correlation against competitors.

Latest Alta Global's Net Income Growth Pattern

Below is the plot of the Net Income of Alta Global Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Alta Global Group financial statement analysis. It represents the amount of money remaining after all of Alta Global Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Alta Global's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alta Global's overall financial position and show how it may be relating to other accounts over time.
Net Income10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Alta Net Income Regression Statistics

Arithmetic Mean(12,300,263)
Coefficient Of Variation(21.28)
Mean Deviation1,764,501
Median(11,197,450)
Standard Deviation2,617,003
Sample Variance6.8T
Range9.4M
R-Value(0.57)
Mean Square Error5T
R-Squared0.33
Significance0.03
Slope(334,945)
Total Sum of Squares95.9T

Alta Net Income History

2024-15.1 M
2023-14.4 M
2022-20.6 M

Other Fundumenentals of Alta Global Group

Alta Global Net Income component correlations

About Alta Global Financial Statements

Alta Global stakeholders use historical fundamental indicators, such as Alta Global's Net Income, to determine how well the company is positioned to perform in the future. Although Alta Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alta Global's assets and liabilities are reflected in the revenues and expenses on Alta Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alta Global Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-14.4 M-15.1 M
Net Loss-14.4 M-15.1 M

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When determining whether Alta Global Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alta Global'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 Alta Global Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alta Global Group Stock:
Check out the analysis of Alta Global Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Financial Services 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 Alta Global. If investors know Alta 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 Alta Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alta Global Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Global's value that differs from its market value or its book value, called intrinsic value, which is Alta Global'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 Alta Global's market value can be influenced by many factors that don't directly affect Alta Global'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 Alta Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Global'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.