Devonian Health Group Stock Net Income

GSD Stock  CAD 0.24  0.04  20.00%   
Devonian Health Group fundamentals help investors to digest information that contributes to Devonian Health's financial success or failures. It also enables traders to predict the movement of Devonian Stock. The fundamental analysis module provides a way to measure Devonian Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Devonian Health stock.
Last ReportedProjected for Next Year
Net Loss-4.1 M-3.9 M
Net Loss-3.1 M-3.3 M
Net Loss-4.1 M-3.9 M
Net Loss is likely to climb to about (3.9 M) in 2024. Net Loss is likely to drop to about (3.3 M) in 2024.
  
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Devonian Health Group Company Net Income Analysis

Devonian Health's 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.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Devonian Health Net Income

    
  (4.6 M)  
Most of Devonian Health's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Devonian Health Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Devonian Operating Income

Operating Income

(4.09 Million)

Devonian Health reported Operating Income of (3.89 Million) in 2023
Based on the recorded statements, Devonian Health Group reported net income of (4.6 Million). This is 101.35% lower than that of the Biotechnology sector and 106.57% lower than that of the Health Care industry. The net income for all Canada stocks is 100.81% higher than that of the company.

Devonian Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Devonian Health's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Devonian Health could also be used in its relative valuation, which is a method of valuing Devonian Health by comparing valuation metrics of similar companies.
Devonian Health is currently under evaluation in net income category among its peers.

Devonian Fundamentals

About Devonian Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Devonian Health Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Devonian Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Devonian Health Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Devonian Stock Analysis

When running Devonian Health's price analysis, check to measure Devonian Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Devonian Health is operating at the current time. Most of Devonian Health's value examination focuses on studying past and present price action to predict the probability of Devonian Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devonian Health's price. Additionally, you may evaluate how the addition of Devonian Health to your portfolios can decrease your overall portfolio volatility.