IMAC Historical Income Statement
| BACK Stock | USD 1.04 0.03 2.80% |
Historical analysis of IMAC Holdings income statement accounts such as Interest Expense of 94.1 K, Selling General Administrative of 6 K or Selling And Marketing Expenses of 7.3 K can show how well IMAC Holdings performed in making a profits. Evaluating IMAC Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IMAC Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining IMAC Holdings 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 IMAC Holdings is a good buy for the upcoming year.
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About IMAC Income Statement Analysis
IMAC Holdings 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 IMAC Holdings shareholders. The income statement also shows IMAC 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).
IMAC Holdings Income Statement Chart
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Total Revenue
Total revenue comprises all receipts IMAC Holdings 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 IMAC Holdings minus its cost of goods sold. It is profit before IMAC Holdings 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.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 IMAC Holdings whose combined shares represent less than 50% of the total outstanding shares issued by IMAC Holdings have a minority interest in IMAC Holdings.Most accounts from IMAC Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IMAC Holdings 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 IMAC Holdings. 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 more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.At this time, IMAC Holdings' Total Revenue is quite stable compared to the past year. Interest Income is expected to rise to about 35.2 K this year, although the value of Selling General Administrative will most likely fall to 5,952.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.8M | 14.7M | 3.8M | 3.7M | Total Revenue | 14.4M | 16.2M | 5.2M | 9.8M |
IMAC Holdings income statement Correlations
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IMAC Holdings Account Relationship Matchups
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IMAC Holdings income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.5M | 1.7M | 1.6M | 1.6M | 428.7K | 407.3K | |
| Interest Expense | 897.7K | 563.1K | 504.1K | 14.2K | 99.0K | 94.1K | |
| Selling General Administrative | 16.0M | 15.4M | 19.7M | 21.8M | 6.3K | 6.0K | |
| Selling And Marketing Expenses | 1.2M | 933.3K | 1.3M | 1.1M | 7.7K | 7.3K | |
| Total Revenue | 15.1M | 12.8M | 14.4M | 16.2M | 5.2M | 9.8M | |
| Gross Profit | 12.6M | 11.2M | 12.8M | 14.7M | 3.8M | 3.7M | |
| Other Operating Expenses | 21.3M | 19.3M | 24.3M | 26.0M | 6.4M | 6.1M | |
| Operating Income | (6.2M) | (6.5M) | (9.9M) | (9.8M) | (6.4M) | (6.7M) | |
| Ebit | (6.2M) | (5.0M) | (10.0M) | (11.8M) | (6.4M) | (6.7M) | |
| Ebitda | (4.6M) | (3.3M) | (8.4M) | (10.2M) | (5.9M) | (6.2M) | |
| Cost Of Revenue | 2.5M | 1.6M | 1.6M | 1.5M | 1.3M | 1.3M | |
| Total Operating Expenses | 18.8M | 17.7M | 22.7M | 24.5M | 5.0M | 4.8M | |
| Income Before Tax | (7.0M) | (5.5M) | (10.5M) | (18.3M) | (6.5M) | (6.8M) | |
| Total Other Income Expense Net | (766.0K) | 993.9K | (443.9K) | 6.1K | (99.9K) | (104.8K) | |
| Net Income | (7.4M) | (5.6M) | (11.1M) | (26.7M) | (9.4K) | (9.9K) | |
| Income Tax Expense | 427.2K | 24.4K | 561.4K | 8.4M | 1.7M | 1.4M | |
| Net Interest Income | (889.9K) | (557.0K) | (501.2K) | (3.6K) | (65.5K) | (68.8K) | |
| Interest Income | 7.8K | 6.1K | 2.9K | 10.6K | 33.5K | 35.2K | |
| Net Income From Continuing Ops | (7.0M) | (5.5M) | (10.5M) | (18.3M) | (14.9M) | (15.7M) | |
| Reconciled Depreciation | 1.6M | 1.7M | 1.6M | 1.6M | 646.5K | 614.2K |
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Is Health Care Equipment & Supplies 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 IMAC Holdings. If investors know IMAC 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 IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.03) | Revenue Per Share 7.719 | Quarterly Revenue Growth (0.59) | Return On Assets (0.38) | Return On Equity (3.32) |
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' 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 IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' 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 IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' 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.