Aehr Historical Income Statement

AEHR Stock  USD 11.89  0.16  1.36%   
Historical analysis of Aehr Test income statement accounts such as Interest Expense of 1.5 M, Selling General Administrative of 8.7 M or Total Revenue of 69.5 M can show how well Aehr Test Systems performed in making a profits. Evaluating Aehr Test income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Aehr Test's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Aehr Test Systems 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 Aehr Test Systems is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aehr Test Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

About Aehr Income Statement Analysis

Aehr Test Systems 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 Aehr Test shareholders. The income statement also shows Aehr 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).

Aehr Test Income Statement Chart

At this time, Aehr Test's Cost Of Revenue is relatively stable compared to the past year. As of 12/01/2024, Income Before Tax is likely to grow to about 13.1 M, while Other Operating Expenses is likely to drop slightly above 30.1 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Aehr Test Systems 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Aehr Test Systems minus its cost of goods sold. It is profit before Aehr Test operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Aehr Test Systems. It is also known as Aehr Test 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.
Most accounts from Aehr Test's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Aehr Test Systems 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 Aehr Test Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Aehr Test's Cost Of Revenue is relatively stable compared to the past year. As of 12/01/2024, Income Before Tax is likely to grow to about 13.1 M, while Other Operating Expenses is likely to drop slightly above 30.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit23.7M32.7M32.5M34.2M
Total Revenue50.8M65.0M66.2M69.5M

Aehr Test income statement Correlations

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Click cells to compare fundamentals

Aehr Test Account Relationship Matchups

Aehr Test income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization220K310K307K450K1.4M1.4M
Interest Expense10K46K13K1.2M1.4M1.5M
Selling General Administrative7.5M6.6M10.0M12.2M13.7M8.7M
Total Revenue22.3M16.6M50.8M65.0M66.2M69.5M
Gross Profit8.4M6.0M23.7M32.7M32.5M34.2M
Other Operating Expenses24.8M20.8M43.0M51.6M56.1M30.1M
Operating Income(2.5M)(4.2M)5.8M13.4M10.1M10.6M
Ebit(2.5M)(4.2M)7.5M13.4M10.1M10.6M
Research Development3.4M3.7M5.8M7.1M8.7M5.1M
Ebitda(2.3M)(3.9M)7.8M13.8M11.4M12.0M
Cost Of Revenue13.9M10.6M27.2M32.2M33.7M35.4M
Total Operating Expenses10.9M10.2M15.9M19.4M22.5M13.6M
Income Before Tax(2.8M)(2.2M)9.5M14.6M12.5M13.1M
Total Other Income Expense Net(221K)2.0M1.7M1.2M2.4M2.5M
Net Income(2.8M)(2.0M)9.5M14.6M33.2M34.8M
Income Tax Expense36K(177K)91K60K(20.7M)(19.7M)
Net Income Applicable To Common Shares(2.8M)(2.0M)9.5M14.6M16.7M17.6M
Net Income From Continuing Ops(2.8M)(2.0M)9.5M14.6M33.2M34.8M
Non Operating Income Net Other(61K)44K(11K)2.0M2.3M2.4M
Tax Provision36K(177K)91K60K(20.7M)(19.7M)
Net Interest Income10K(46K)13K1.2M2.4M2.5M
Reconciled Depreciation384K310K307K450K1.4M1.4M

Pair Trading with Aehr Test

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aehr Test position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aehr Test will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aehr Stock

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Moving against Aehr Stock

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The ability to find closely correlated positions to Aehr Test could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aehr Test when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aehr Test - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aehr Test Systems to buy it.
The correlation of Aehr Test is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aehr Test moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aehr Test Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aehr Test can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Aehr Stock Analysis

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