Change Historical Income Statement

CCA Stock   0.06  0  1.67%   
Historical analysis of Change Financial income statement accounts such as Selling General Administrative of 3.3 M, Selling And Marketing Expenses of 376.2 K or Total Revenue of 11 M can show how well Change Financial Limited performed in making a profits. Evaluating Change Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Change Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Change Financial 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 Change Financial 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 Change Financial Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Change Income Statement Analysis

Change Financial 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 Change Financial shareholders. The income statement also shows Change 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).

Change Financial Income Statement Chart

At this time, Change Financial's Depreciation And Amortization is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 376.2 K in 2024, whereas Operating Income is likely to drop (952.9 K) in 2024.

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Change Financial Limited minus its cost of goods sold. It is profit before Change Financial 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 Change Financial. It is also known as Change Financial 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 Change Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Change Financial 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 Change Financial Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Change Financial's Depreciation And Amortization is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 376.2 K in 2024, whereas Operating Income is likely to drop (952.9 K) in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue11.0M9.4M7.6M5.8M
Research Development339.7K720.6K809.8K525.2K

Change Financial income statement Correlations

0.780.060.970.680.73-0.06-0.140.070.72-0.12-0.84-0.170.070.040.410.770.010.230.340.83
0.780.180.820.210.97-0.46-0.42-0.260.95-0.43-0.8-0.460.14-0.130.370.950.08-0.010.040.7
0.060.18-0.12-0.240.27-0.8-0.89-0.880.44-0.860.22-0.85-0.29-0.730.150.140.02-0.020.44-0.01
0.970.82-0.120.670.750.02-0.020.180.7-0.02-0.93-0.060.120.20.320.790.00.140.220.8
0.680.21-0.240.670.090.480.320.460.10.33-0.540.30.030.480.10.11-0.090.030.420.55
0.730.970.270.750.09-0.57-0.51-0.360.97-0.52-0.73-0.550.14-0.20.380.950.1-0.02-0.010.62
-0.06-0.46-0.80.020.48-0.570.960.96-0.660.96-0.080.96-0.010.72-0.23-0.44-0.180.120.070.06
-0.14-0.42-0.89-0.020.32-0.510.960.98-0.660.99-0.090.990.010.77-0.31-0.39-0.210.06-0.140.0
0.07-0.26-0.880.180.46-0.360.960.98-0.510.98-0.270.970.030.78-0.23-0.24-0.210.11-0.070.18
0.720.950.440.70.10.97-0.66-0.66-0.51-0.66-0.64-0.690.15-0.350.470.910.17-0.010.110.6
-0.12-0.43-0.86-0.020.33-0.520.960.990.98-0.66-0.091.0-0.080.75-0.36-0.4-0.290.09-0.090.03
-0.84-0.80.22-0.93-0.54-0.73-0.08-0.09-0.27-0.64-0.09-0.05-0.01-0.31-0.12-0.760.16-0.08-0.2-0.76
-0.17-0.46-0.85-0.060.3-0.550.960.990.97-0.691.0-0.05-0.090.74-0.38-0.43-0.290.08-0.10.0
0.070.14-0.290.120.030.14-0.010.010.030.15-0.08-0.01-0.09-0.010.730.20.910.01-0.52-0.17
0.04-0.13-0.730.20.48-0.20.720.770.78-0.350.75-0.310.74-0.01-0.38-0.27-0.22-0.5-0.080.17
0.410.370.150.320.10.38-0.23-0.31-0.230.47-0.36-0.12-0.380.73-0.380.470.810.260.00.27
0.770.950.140.790.110.95-0.44-0.39-0.240.91-0.4-0.76-0.430.2-0.270.470.150.25-0.020.64
0.010.080.020.0-0.090.1-0.18-0.21-0.210.17-0.290.16-0.290.91-0.220.810.150.01-0.31-0.23
0.23-0.01-0.020.140.03-0.020.120.060.11-0.010.09-0.080.080.01-0.50.260.250.010.10.05
0.340.040.440.220.42-0.010.07-0.14-0.070.11-0.09-0.2-0.1-0.52-0.080.0-0.02-0.310.10.45
0.830.7-0.010.80.550.620.060.00.180.60.03-0.760.0-0.170.170.270.64-0.230.050.45
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Change Financial Account Relationship Matchups

Change Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization12.5K635.5K1.1M1.3M1.6M1.7M
Selling General Administrative1.7M5.5M7.3M5.7M6.2M3.3M
Selling And Marketing Expenses41.7K36.6K224.3K122.7K225.7K376.2K
Total Revenue4.1K6.1M8.2M8.6M10.5M11.0M
Gross Profit(2.6M)(1.5M)(2.9M)(795.1K)10.5M11.0M
Other Operating Expenses5.1M12.8M17.3M16.9M11.5M8.4M
Operating Income(4.7M)(3.7M)(5.2M)(3.8M)(907.5K)(952.9K)
Ebit(3.3M)(2.9M)(3.6M)(2.5M)(2.2M)(2.4M)
Ebitda(3.3M)(2.3M)(2.5M)(1.3M)(621.2K)(652.2K)
Total Operating Expenses3.5M9.1M11.9M11.2M10.5M6.7M
Income Before Tax(3.5M)(3.3M)(3.7M)(2.6M)(2.3M)(2.4M)
Total Other Income Expense Net233.1K(1.6M)(1.3M)(1.4M)(1.4M)(1.3M)
Net Income(3.5M)(3.5M)(3.8M)(2.9M)(2.6M)(2.7M)
Income Tax Expense473.4K189.0K55.3K293.9K308.8K208.9K
Interest Expense240.4K26.2K88.4K78.5K25.2K23.9K
Net Income From Continuing Ops(5.1M)(3.5M)(3.8M)(2.9M)(2.6M)(2.7M)
Cost Of Revenue2.6M7.7M11.0M9.4M7.6M5.8M
Net Income Applicable To Common Shares(3.5M)(3.5M)(3.8M)(2.9M)(3.4M)(3.5M)
Interest Income159.8K19.6K103.7K86.7K125.0K179.3K
Net Interest Income(319.4K)(8.8K)(103.7K)(66.1K)99.8K104.8K
Reconciled Depreciation18.2K635.5K1.1M1.3M1.6M847.8K

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Additional Tools for Change Stock Analysis

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