Allied Historical Income Statement

AGAE Stock   1.01  0.01  0.98%   
Historical analysis of Allied Gaming income statement accounts such as Interest Expense of 953.1 M, Selling General Administrative of 9.2 M or Total Revenue of 8.2 M can show how well Allied Gaming Entertainment performed in making a profits. Evaluating Allied Gaming income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Allied Gaming's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Allied Gaming Entert 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 Allied Gaming Entert 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 Allied Gaming Entertainment. 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 Allied Income Statement Analysis

Allied Gaming Entert 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 Allied Gaming shareholders. The income statement also shows Allied 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).

Allied Gaming Income Statement Chart

At present, Allied Gaming's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 9.2 M, whereas Net Loss is forecasted to decline to (4.5 M).

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Allied Gaming Entertainment minus its cost of goods sold. It is profit before Allied Gaming 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.

Cost Of Revenue

Cost of Revenue is found on Allied Gaming Entert income statement and represents the costs associated with goods and services Allied Gaming 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.

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 Allied Gaming's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Allied Gaming Entert 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 Allied Gaming Entertainment. 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.
At present, Allied Gaming's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 9.2 M, whereas Net Loss is forecasted to decline to (4.5 M).
 2023 2024 (projected)
Depreciation And Amortization1.5M3.0M
Interest Income710.4K1.2M

Allied Gaming income statement Correlations

0.31-0.1-0.91-0.76-0.68-0.160.56-0.76-0.53-0.240.05-0.66-0.350.21-0.52-0.12-0.03
0.310.47-0.030.130.280.810.860.120.17-0.23-0.690.280.540.690.490.710.68
-0.10.470.390.350.370.460.10.350.14-0.120.00.130.310.70.380.60.57
-0.91-0.030.390.880.830.31-0.410.880.650.16-0.10.740.37-0.040.660.240.14
-0.760.130.350.880.990.38-0.251.00.920.41-0.190.90.36-0.010.870.280.15
-0.680.280.370.830.990.46-0.110.980.930.37-0.280.910.40.050.910.340.2
-0.160.810.460.310.380.460.690.370.26-0.19-0.870.560.930.770.730.940.91
0.560.860.1-0.41-0.25-0.110.69-0.26-0.14-0.29-0.770.040.510.630.210.60.63
-0.760.120.350.881.00.980.37-0.260.920.41-0.180.90.35-0.020.860.270.14
-0.530.170.140.650.920.930.26-0.140.920.53-0.180.880.2-0.140.830.12-0.02
-0.24-0.23-0.120.160.410.37-0.19-0.290.410.530.180.24-0.17-0.210.23-0.22-0.21
0.05-0.690.0-0.1-0.19-0.28-0.87-0.77-0.18-0.180.18-0.52-0.85-0.52-0.57-0.71-0.71
-0.660.280.130.740.90.910.560.040.90.880.24-0.520.570.040.940.40.28
-0.350.540.310.370.360.40.930.510.350.2-0.17-0.850.570.690.680.910.89
0.210.690.7-0.04-0.010.050.770.63-0.02-0.14-0.21-0.520.040.690.330.880.93
-0.520.490.380.660.870.910.730.210.860.830.23-0.570.940.680.330.630.51
-0.120.710.60.240.280.340.940.60.270.12-0.22-0.710.40.910.880.630.98
-0.030.680.570.140.150.20.910.630.14-0.02-0.21-0.710.280.890.930.510.98
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Allied Gaming Account Relationship Matchups

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When determining whether Allied Gaming Entert is a strong investment it is important to analyze Allied Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allied Gaming's future performance. For an informed investment choice regarding Allied Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Gaming Entertainment. 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.
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Is Hotels, Restaurants & Leisure 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 Allied Gaming. If investors know Allied 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 Allied Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.27)
Revenue Per Share
0.211
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.06)
Return On Equity
(0.08)
The market value of Allied Gaming Entert is measured differently than its book value, which is the value of Allied that is recorded on the company's balance sheet. Investors also form their own opinion of Allied Gaming's value that differs from its market value or its book value, called intrinsic value, which is Allied Gaming's 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 Allied Gaming's market value can be influenced by many factors that don't directly affect Allied Gaming's 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 Allied Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allied Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allied Gaming's 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.