Airiq Inc Stock Net Income

IQ Stock  CAD 0.41  0.02  5.13%   
AirIQ Inc fundamentals help investors to digest information that contributes to AirIQ's financial success or failures. It also enables traders to predict the movement of AirIQ Stock. The fundamental analysis module provides a way to measure AirIQ'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 AirIQ stock.
Last ReportedProjected for Next Year
Net Income869 K912.5 K
Net Income From Continuing Ops869 K727.4 K
Net Income Applicable To Common Shares4.2 M4.5 M
Net Income Per Share 0.03  0.07 
Net Loss(0.14)(0.13)
At this time, AirIQ's Net Income is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to climb to about 4.5 M in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 727.4 K in 2024.
  
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AirIQ Inc Company Net Income Analysis

AirIQ'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 AirIQ Net Income

    
  869 K  
Most of AirIQ'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, AirIQ Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

AirIQ Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for AirIQ is extremely important. It helps to project a fair market value of AirIQ Stock properly, considering its historical fundamentals such as Net Income. Since AirIQ's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AirIQ's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AirIQ's interrelated accounts and indicators.
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

AirIQ Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(118,999)

At this time, AirIQ's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, AirIQ Inc reported net income of 869 K. This is 99.84% lower than that of the Software sector and 99.28% lower than that of the Information Technology industry. The net income for all Canada stocks is 99.85% higher than that of the company.

AirIQ Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AirIQ'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 AirIQ could also be used in its relative valuation, which is a method of valuing AirIQ by comparing valuation metrics of similar companies.
AirIQ is currently under evaluation in net income category among its peers.

AirIQ Current Valuation Drivers

We derive many important indicators used in calculating different scores of AirIQ from analyzing AirIQ's financial statements. These drivers represent accounts that assess AirIQ's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of AirIQ's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap6.0M8.9M8.8M8.0M12.8M1.6M
Enterprise Value3.9M7.2M6.9M5.8M9.7M983.5K

AirIQ Fundamentals

About AirIQ Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AirIQ Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AirIQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AirIQ Inc 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 AirIQ Stock Analysis

When running AirIQ's price analysis, check to measure AirIQ'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 AirIQ is operating at the current time. Most of AirIQ's value examination focuses on studying past and present price action to predict the probability of AirIQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AirIQ's price. Additionally, you may evaluate how the addition of AirIQ to your portfolios can decrease your overall portfolio volatility.