Sono Income Before Tax from 2010 to 2024

SOTK Stock  USD 4.23  0.21  4.73%   
Sono Tek Income Before Tax yearly trend continues to be quite stable with very little volatility. Income Before Tax may rise above about 1.8 M this year. From the period between 2010 and 2024, Sono Tek, Income Before Tax regression line of its data series had sample variance of 776.9 B and sample variance of 776.9 B. View All Fundamentals
 
Income Before Tax  
First Reported
1990-02-28
Previous Quarter
391.3 K
Current Value
414.6 K
Quarterly Volatility
252.2 K
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sono Tek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sono Tek's main balance sheet or income statement drivers, such as Depreciation And Amortization of 627 K, Interest Expense of 40.2 K or Selling General Administrative of 1.6 M, as well as many indicators such as Price To Sales Ratio of 4.53, Dividend Yield of 0.0 or PTB Ratio of 5.48. Sono financial statements analysis is a perfect complement when working with Sono Tek Valuation or Volatility modules.
  
Check out the analysis of Sono Tek Correlation against competitors.

Latest Sono Tek's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Sono Tek Corp over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Sono Tek income statement and is an important metric when analyzing Sono Tek Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Sono Tek's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sono Tek's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Sono Income Before Tax Regression Statistics

Arithmetic Mean801,108
Coefficient Of Variation110.03
Mean Deviation692,699
Median614,964
Standard Deviation881,435
Sample Variance776.9B
Range3.2M
R-Value0.76
Mean Square Error350.3B
R-Squared0.58
Significance0.001
Slope150,270
Total Sum of Squares10.9T

Sono Income Before Tax History

20241.8 M
20231.7 M
2022789.9 K
20212.9 M
20191.3 M
2018181.4 K
2017460.1 K

About Sono Tek Financial Statements

Sono Tek investors utilize fundamental indicators, such as Income Before Tax, to predict how Sono Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax1.7 M1.8 M

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When determining whether Sono Tek Corp 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 Sono 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 Sono Tek Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sono Tek Corp Stock:
Check out the analysis of Sono Tek Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Electronic Equipment, Instruments & Components 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 Sono Tek. If investors know Sono 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 Sono Tek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Earnings Share
0.09
Revenue Per Share
1.311
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0346
The market value of Sono Tek Corp is measured differently than its book value, which is the value of Sono that is recorded on the company's balance sheet. Investors also form their own opinion of Sono Tek's value that differs from its market value or its book value, called intrinsic value, which is Sono Tek'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 Sono Tek's market value can be influenced by many factors that don't directly affect Sono Tek'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 Sono Tek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sono Tek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sono Tek'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.