Aurora Historical Income Statement
| ACB Stock | USD 4.55 0.01 0.22% |
Historical analysis of Aurora Cannabis income statement accounts such as Other Operating Expenses of 195.6 M, EBITDA of 21.5 M or Total Operating Expenses of 115.1 M can show how well Aurora Cannabis performed in making a profits. Evaluating Aurora Cannabis income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Aurora Cannabis's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Aurora Cannabis 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 Aurora Cannabis is a good buy for the upcoming year.
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About Aurora Income Statement Analysis
Aurora Cannabis 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 Aurora Cannabis shareholders. The income statement also shows Aurora 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).
Aurora Cannabis Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Aurora Cannabis. It is also known as Aurora Cannabis overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Aurora Cannabis' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Aurora Cannabis 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 Aurora Cannabis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.At present, Aurora Cannabis' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 21.5 M, whereas Other Operating Expenses is forecasted to decline to about 195.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 93.7M | 65.2M | 33.1M | 31.4M | Interest Income | 4.5M | 9.9M | 12.8M | 12.2M |
Aurora Cannabis income statement Correlations
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Aurora Cannabis Account Relationship Matchups
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Aurora Cannabis income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 77.5M | 66.4M | 71.8M | 39.5M | 14.2M | 19.2M | |
| Other Operating Expenses | 763.4M | 491.9M | 440.7M | 487.6M | 297.4M | 195.6M | |
| Operating Income | (491.0M) | (282.8M) | (231.4M) | (254.3M) | (46.5M) | (48.8M) | |
| Ebit | (508.1M) | (235.3M) | (236.7M) | (254.3M) | (12.6M) | (13.2M) | |
| Ebitda | (393.2M) | (137.2M) | (143.1M) | (210.7M) | 20.5M | 21.5M | |
| Total Operating Expenses | 450.9M | 225.1M | 240.6M | 190.0M | 158.5M | 115.1M | |
| Net Income | (3.3B) | (693.6M) | (1.7B) | (265.3M) | (69.3M) | (72.8M) | |
| Income Tax Expense | (83.4M) | (6.3M) | (2.1M) | (20.3M) | (554K) | (581.7K) | |
| Depreciation And Amortization | 114.9M | 98.1M | 93.7M | 43.6M | 33.1M | 31.4M | |
| Selling General Administrative | 265.2M | 139.7M | 127.0M | 68.2M | 104.9M | 74.7M | |
| Total Revenue | 278.9M | 245.3M | 221.3M | 233.3M | 270.3M | 157.2M | |
| Gross Profit | (33.5M) | (21.6M) | 21.2M | (64.4M) | 131.5M | 138.0M | |
| Selling And Marketing Expenses | 91.3M | 55.2M | 62.0M | 52.0M | 51.9M | 33.3M | |
| Income Before Tax | (3.4B) | (699.8M) | (1.7B) | (295.4M) | (59.6M) | (62.6M) | |
| Total Other Income Expense Net | (2.8B) | (392.5M) | (1.4B) | (41.1M) | (31.1M) | (32.7M) | |
| Research Development | 26.1M | 11.4M | 10.4M | 6.6M | 3.6M | 3.4M | |
| Net Income From Continuing Ops | (3.3B) | (693.5M) | (1.7B) | (1.8B) | (59.0M) | (62.0M) | |
| Cost Of Revenue | 312.4M | 266.8M | 200.1M | 297.6M | 138.8M | 145.1M | |
| Net Income Applicable To Common Shares | (293.5M) | (3.3B) | (693.6M) | (1.7B) | (1.5B) | (1.5B) | |
| Minority Interest | (24.4M) | 1.5M | 355K | 2.1M | 1.9M | 1.9M | |
| Tax Provision | (83.4M) | (6.3M) | (2.1M) | (13.6M) | (554K) | (581.7K) | |
| Net Interest Income | (72.5M) | (60.7M) | (67.3M) | (51.5M) | (1.4M) | (1.4M) | |
| Interest Income | 56.6M | 5.7M | 4.5M | 9.9M | 12.8M | 12.2M | |
| Reconciled Depreciation | 114.9M | 98.1M | 93.7M | 65.2M | 33.1M | 31.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Aurora Cannabis offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aurora Cannabis' 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 Aurora Cannabis Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aurora Cannabis Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Cannabis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Pharmaceuticals 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 Aurora Cannabis. If investors know Aurora 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 Aurora Cannabis 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 (0.92) | Earnings Share (0.46) | Revenue Per Share 0.033 | Quarterly Revenue Growth 0.285 | Return On Assets (0.01) |
The market value of Aurora Cannabis is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Aurora Cannabis' 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 Aurora Cannabis' market value can be influenced by many factors that don't directly affect Aurora Cannabis' 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 Aurora Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Cannabis' 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.