AuthID Historical Income Statement
| AUID Stock | USD 5.99 0.04 0.66% |
Historical analysis of AuthID income statement accounts such as Total Operating Expenses of 10 M, Depreciation And Amortization of 243.1 K or Selling General Administrative of 9 M can show how well authID Inc performed in making a profits. Evaluating AuthID income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AuthID's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining authID Inc 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 authID Inc is a good buy for the upcoming year.
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About AuthID Income Statement Analysis
authID Inc 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 AuthID shareholders. The income statement also shows AuthID 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).
AuthID Income Statement Chart
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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.Total Revenue
Total revenue comprises all receipts authID Inc 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 authID Inc minus its cost of goods sold. It is profit before AuthID 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.Most accounts from AuthID's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into authID Inc 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 authID Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. The current year's Selling General Administrative is expected to grow to about 9 M, whereas Other Operating Expenses is forecasted to decline to about 10.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Research Development | 1.6M | 6.3M | 2.8M | 1.6M | Interest Expense | 585.6K | 1.4M | 1.1M | 1.1M |
AuthID income statement Correlations
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AuthID Account Relationship Matchups
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AuthID income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Operating Expenses | 11.0M | 9.8M | 19.5M | 21.7M | 10.9M | 10.4M | |
| Operating Income | (8.4M) | (7.7M) | (17.2M) | (22.3M) | (10.7M) | (11.3M) | |
| Ebit | (8.4M) | (10.3M) | (16.1M) | (22.3M) | (18.5M) | (17.6M) | |
| Ebitda | (7.6M) | (9.0M) | (15.0M) | (21.6M) | (18.3M) | (17.3M) | |
| Total Operating Expenses | 10.3M | 9.2M | 18.9M | 21.7M | 10.9M | 10.0M | |
| Income Before Tax | (10.4M) | (11.3M) | (17.6M) | (23.7M) | (19.6M) | (18.6M) | |
| Net Income | (10.5M) | (11.3M) | (17.7M) | (23.7M) | (19.4M) | (20.4M) | |
| Depreciation And Amortization | 814.3K | 1.3M | 1.2M | 749.9K | 255.9K | 243.1K | |
| Selling General Administrative | 7.9M | 6.7M | 15.9M | 14.7M | 7.9M | 9.0M | |
| Total Revenue | 2.6M | 2.1M | 2.3M | 527.4K | 190.3K | 180.8K | |
| Gross Profit | 1.9M | 1.5M | 1.6M | (137.9K) | 190.3K | 180.8K | |
| Cost Of Revenue | 669.5K | 661.6K | 660.8K | 665.3K | 255.9K | 243.1K | |
| Income Tax Expense | 62.9K | 36.3K | 21.0K | 7.7K | 2.9K | 2.7K | |
| Interest Expense | 375.6K | 969.4K | 585.6K | 1.4M | 1.1M | 1.1M | |
| Research Development | 1.6M | 1.2M | 1.6M | 6.3M | 2.8M | 1.6M | |
| Total Other Income Expense Net | (2.0M) | (2.3M) | 385.3K | (1.4M) | (8.9M) | (8.4M) | |
| Tax Provision | 62.9K | 36.3K | 21.0K | 7.7K | 9.9K | 9.4K | |
| Net Interest Income | (375.6K) | (969.4K) | (585.6K) | (1.4M) | (1.5M) | (1.6M) | |
| Net Income From Continuing Ops | (10.5M) | (11.3M) | (17.7M) | (23.7M) | (22.4M) | (23.5M) | |
| Reconciled Depreciation | 790.4K | 1.3M | 1.3M | 749.9K | 287.5K | 273.1K | |
| Net Income Applicable To Common Shares | (10.0M) | (10.5M) | (11.3M) | (17.7M) | (15.9M) | (16.7M) |
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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 authID Inc is a strong investment it is important to analyze AuthID'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 AuthID's future performance. For an informed investment choice regarding AuthID Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in authID Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software 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 AuthID. If investors know AuthID 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 AuthID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.11) | Revenue Per Share 0.079 | Quarterly Revenue Growth 4.737 | Return On Assets (0.63) | Return On Equity (1.13) |
The market value of authID Inc is measured differently than its book value, which is the value of AuthID that is recorded on the company's balance sheet. Investors also form their own opinion of AuthID's value that differs from its market value or its book value, called intrinsic value, which is AuthID'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 AuthID's market value can be influenced by many factors that don't directly affect AuthID'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 AuthID's value and its price as these two are different measures arrived at by different means. Investors typically determine if AuthID is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AuthID'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.