Qtone Historical Income Statement

300359 Stock

6.54 0.13 2.03%

Historical analysis of Qtone Education income statement accounts such as Selling General Administrative of 58.6 M, Total Revenue of 584.7 M or Operating Income of 51.2 M can show how well Qtone Education Group performed in making a profits. Evaluating Qtone Education income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qtone Education's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Qtone Education Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Qtone Education Group is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qtone Education Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Qtone Income Statement Analysis

Qtone Education Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Qtone Education shareholders. The income statement also shows Qtone investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Qtone Education Income Statement Chart

At present, Qtone Education's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 51.2 M, whereas Interest Expense is forecasted to decline to about 1.1 M.

Selling General Administrative Total Revenue Cost Of Revenue Research Development Minority Interest Interest Income

Total Revenue

Total revenue comprises all receipts Qtone Education Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on Qtone Education Group income statement and represents the costs associated with goods and services Qtone Education provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Qtone Education Group whose combined shares represent less than 50% of the total outstanding shares issued by Qtone Education have a minority interest in Qtone Education.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most accounts from Qtone Education's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qtone Education Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qtone Education Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

	2021	2022	2023	2024 (projected)
Gross Profit	220.1M	155.0M	173.8M	183.6M
Research Development	34.0M	31.5M	36.2M	29.1M

Gross Profit Research Development

Qtone Education income statement Correlations

	Selling General Administrative	Total Revenue	Operating Income	Cost Of Revenue	Income Before Tax	Net Income	Income Tax Expense	Research Development	Gross Profit	Other Operating Expenses	Net Income From Continuing Ops	Ebit	Total Operating Expenses	Total Other Income Expense Net	Minority Interest	Tax Provision	Net Interest Income	Interest Income	Ebitda	Reconciled Depreciation
Selling General Administrative		0.78	0.59	0.71	-0.07	-0.13	0.39	0.13	0.46	-0.24	-0.19	0.04	0.65	-0.05	0.33	-0.21	-0.34	-0.12	-0.2	-0.06
Total Revenue	0.78		0.44	0.99	-0.22	-0.28	0.48	0.36	0.33	-0.68	-0.35	-0.23	0.96	-0.48	0.17	-0.41	-0.55	0.12	-0.34	0.24
Operating Income	0.59	0.44		0.33	0.46	0.39	0.59	-0.49	0.83	0.2	0.37	0.69	0.27	0.3	0.41	0.42	-0.06	-0.07	0.36	-0.26
Cost Of Revenue	0.71	0.99	0.33		-0.28	-0.34	0.43	0.44	0.25	-0.74	-0.41	-0.33	0.98	-0.55	0.12	-0.48	-0.57	0.16	-0.4	0.29
Income Before Tax	-0.07	-0.22	0.46	-0.28		1.0	0.21	-0.27	0.26	0.44	0.99	0.59	-0.33	0.52	-0.22	0.38	0.67	0.48	0.99	0.02
Net Income	-0.13	-0.28	0.39	-0.34	1.0		0.14	-0.26	0.21	0.46	1.0	0.57	-0.38	0.54	-0.24	0.37	0.7	0.48	1.0	0.02
Income Tax Expense	0.39	0.48	0.59	0.43	0.21	0.14		-0.22	0.26	-0.09	0.1	0.23	0.33	-0.14	-0.15	0.35	0.17	0.44	0.12	0.13
Research Development	0.13	0.36	-0.49	0.44	-0.27	-0.26	-0.22		-0.62	-0.8	-0.32	-0.84	0.41	-0.72	-0.44	-0.92	-0.24	0.3	-0.31	0.58
Gross Profit	0.46	0.33	0.83	0.25	0.26	0.21	0.26	-0.62		0.37	0.24	0.77	0.3	0.52	0.7	0.44	-0.2	-0.33	0.21	-0.56
Other Operating Expenses	-0.24	-0.68	0.2	-0.74	0.44	0.46	-0.09	-0.8	0.37		0.52	0.79	-0.7	0.91	0.24	0.79	0.55	-0.25	0.49	-0.59
Net Income From Continuing Ops	-0.19	-0.35	0.37	-0.41	0.99	1.0	0.1	-0.32	0.24	0.52		0.62	-0.43	0.6	-0.2	0.42	0.71	0.43	1.0	-0.04
Ebit	0.04	-0.23	0.69	-0.33	0.59	0.57	0.23	-0.84	0.77	0.79	0.62		-0.31	0.78	0.43	0.8	0.32	-0.21	0.59	-0.57
Total Operating Expenses	0.65	0.96	0.27	0.98	-0.33	-0.38	0.33	0.41	0.3	-0.7	-0.43	-0.31		-0.49	0.2	-0.48	-0.61	0.1	-0.43	0.22
Total Other Income Expense Net	-0.05	-0.48	0.3	-0.55	0.52	0.54	-0.14	-0.72	0.52	0.91	0.6	0.78	-0.49		0.39	0.62	0.44	-0.16	0.56	-0.65
Minority Interest	0.33	0.17	0.41	0.12	-0.22	-0.24	-0.15	-0.44	0.7	0.24	-0.2	0.43	0.2	0.39		0.2	-0.57	-0.68	-0.23	-0.74
Tax Provision	-0.21	-0.41	0.42	-0.48	0.38	0.37	0.35	-0.92	0.44	0.79	0.42	0.8	-0.48	0.62	0.2		0.4	-0.13	0.41	-0.32
Net Interest Income	-0.34	-0.55	-0.06	-0.57	0.67	0.7	0.17	-0.24	-0.2	0.55	0.71	0.32	-0.61	0.44	-0.57	0.4		0.5	0.72	0.06
Interest Income	-0.12	0.12	-0.07	0.16	0.48	0.48	0.44	0.3	-0.33	-0.25	0.43	-0.21	0.1	-0.16	-0.68	-0.13	0.5		0.47	0.49
Ebitda	-0.2	-0.34	0.36	-0.4	0.99	1.0	0.12	-0.31	0.21	0.49	1.0	0.59	-0.43	0.56	-0.23	0.41	0.72	0.47		-0.01
Reconciled Depreciation	-0.06	0.24	-0.26	0.29	0.02	0.02	0.13	0.58	-0.56	-0.59	-0.04	-0.57	0.22	-0.65	-0.74	-0.32	0.06	0.49	-0.01

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Qtone Education Account Relationship Matchups

Qtone Education income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	15.2M	13.3M	10.5M	4.7M	1.2M	1.1M
Selling General Administrative	70.0M	57.0M	52.5M	41.7M	43.7M	58.6M
Total Revenue	717.7M	705.5M	722.2M	604.9M	643.8M	584.7M
Operating Income	(55.4M)	90.7M	73.6M	23.8M	30.1M	51.2M
Cost Of Revenue	556.8M	477.0M	502.1M	449.8M	470.1M	390.8M
Income Before Tax	(722.5M)	86.1M	37.0M	47.2M	32.7M	34.3M
Net Income Applicable To Common Shares	(705.0M)	50.0M	8.4M	12.6M	11.3M	11.9M
Net Income	(705.0M)	50.0M	8.4M	12.6M	6.5M	6.8M
Income Tax Expense	(5.9M)	6.4M	14.9M	27.6M	31.8M	16.0M
Research Development	47.5M	38.0M	34.0M	31.5M	36.2M	29.1M
Gross Profit	160.9M	228.5M	220.1M	155.0M	173.8M	183.6M
Other Operating Expenses	1.9M	2.2M	3.4M	3.9M	3.5M	4.1M
Net Income From Continuing Ops	(716.5M)	79.7M	22.0M	19.6M	23.0M	24.1M
Ebit	(85.8M)	77.9M	54.5M	23.8M	21.4M	20.3M
Total Operating Expenses	760.5M	614.8M	648.5M	581.1M	613.7M	529.3M
Minority Interest	86.4M	110.9M	(13.6M)	(7.0M)	(16.5M)	(15.7M)
Tax Provision	(5.9M)	6.4M	14.9M	27.6M	9.7M	13.4M
Net Interest Income	(17.4M)	(13.3M)	(7.9M)	(720.2K)	4.5M	4.7M
Interest Income	2.6M	3.0M	4.0M	4.9M	5.7M	4.1M
Ebitda	(668.7M)	137.3M	92.8M	99.2M	114.0M	119.8M
Reconciled Depreciation	38.5M	38.0M	45.3M	47.3M	37.8M	43.7M

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Qtone Historical Income Statement

About Qtone Income Statement Analysis

Qtone Education Income Statement Chart

Total Revenue

Cost Of Revenue

Minority Interest

Interest Income

Qtone Education income statement Correlations

Qtone Education Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qtone Education income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Net Income	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 1.0	Net Income
Ebitda	+ 1.0	Net Income
Ebitda	+ 1.0	Net Income From Continuing Ops
Cost Of Revenue	+ 0.99	Total Revenue
Net Income From Continuing Ops	+ 0.99	Income Before Tax

Tax Provision	- 0.92	Research Development
Ebit	- 0.84	Research Development
Other Operating Expenses	- 0.8	Research Development
Reconciled Depreciation	- 0.74	Minority Interest
Other Operating Expenses	- 0.74	Cost Of Revenue
Total Other Income Expense Net	- 0.72	Research Development