Cemtrex Historical Income Statement

CETX Stock  USD 3.21  0.01  0.31%   
Historical analysis of Cemtrex income statement accounts such as Interest Expense of 6 M, Total Revenue of 45.7 M or Gross Profit of 15.7 M can show how well Cemtrex performed in making a profits. Evaluating Cemtrex income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cemtrex's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Cemtrex 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 Cemtrex 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 Cemtrex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.

About Cemtrex Income Statement Analysis

Cemtrex 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 Cemtrex shareholders. The income statement also shows Cemtrex 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).

Cemtrex Income Statement Chart

At this time, Cemtrex's Interest Expense is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 476.1 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 614.5 K in 2024.

Total Revenue

Total revenue comprises all receipts Cemtrex 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 Cemtrex minus its cost of goods sold. It is profit before Cemtrex 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 Cemtrex. It is also known as Cemtrex 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.

Cost Of Revenue

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

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Cemtrex's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cemtrex 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 Cemtrex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.At this time, Cemtrex's Interest Expense is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 476.1 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 614.5 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.9M5.0M5.7M6.0M
Depreciation And Amortization1.8M1.0M1.2M614.5K

Cemtrex income statement Correlations

0.55-0.060.120.03-0.17-0.27-0.09-0.150.32-0.320.19-0.40.480.280.12-0.410.610.480.65-0.59-0.46-0.71-0.27-0.72
0.550.070.290.15-0.39-0.49-0.4-0.050.46-0.66-0.51-0.780.190.430.16-0.710.60.190.97-0.98-0.86-0.92-0.7-0.93
-0.060.070.960.980.080.380.380.990.80.110.040.09-0.10.850.830.110.32-0.090.010.030.070.040.030.09
0.120.290.960.97-0.020.220.250.910.89-0.07-0.05-0.11-0.060.930.8-0.080.45-0.050.23-0.2-0.12-0.18-0.11-0.14
0.030.150.980.97-0.070.230.250.960.89-0.050.08-0.05-0.180.930.86-0.040.39-0.170.12-0.07-0.03-0.040.01-0.02
-0.17-0.390.08-0.02-0.070.920.920.14-0.40.940.190.860.55-0.32-0.120.91-0.170.54-0.440.440.410.240.040.39
-0.27-0.490.380.220.230.920.980.45-0.160.940.330.90.41-0.070.170.93-0.130.41-0.520.550.470.370.120.5
-0.09-0.40.380.250.250.920.980.44-0.110.910.370.850.52-0.020.20.88-0.020.51-0.420.460.390.250.070.38
-0.15-0.050.990.910.960.140.450.440.720.20.10.2-0.120.780.820.210.24-0.12-0.120.150.180.160.110.21
0.320.460.80.890.89-0.4-0.16-0.110.72-0.430.04-0.44-0.240.990.77-0.440.54-0.230.48-0.41-0.37-0.37-0.14-0.39
-0.32-0.660.11-0.07-0.050.940.940.910.2-0.430.360.970.4-0.36-0.060.99-0.250.4-0.680.710.630.50.210.65
0.19-0.510.04-0.050.080.190.330.370.10.040.360.45-0.070.020.180.370.03-0.07-0.310.490.230.240.320.25
-0.4-0.780.09-0.11-0.050.860.90.850.2-0.440.970.450.24-0.38-0.070.99-0.40.23-0.790.820.690.650.370.74
0.480.19-0.1-0.06-0.180.550.410.52-0.12-0.240.4-0.070.24-0.21-0.130.290.331.00.15-0.180.01-0.33-0.26-0.24
0.280.430.850.930.93-0.32-0.07-0.020.780.99-0.360.02-0.38-0.210.8-0.360.52-0.20.44-0.38-0.33-0.33-0.12-0.35
0.120.160.830.80.86-0.120.170.20.820.77-0.060.18-0.07-0.130.8-0.060.54-0.120.15-0.07-0.09-0.11-0.11-0.06
-0.41-0.710.11-0.08-0.040.910.930.880.21-0.440.990.370.990.29-0.36-0.06-0.330.28-0.730.760.640.560.240.7
0.610.60.320.450.39-0.17-0.13-0.020.240.54-0.250.03-0.40.330.520.54-0.330.340.63-0.52-0.4-0.7-0.53-0.54
0.480.19-0.09-0.05-0.170.540.410.51-0.12-0.230.4-0.070.231.0-0.2-0.120.280.340.16-0.190.01-0.34-0.27-0.24
0.650.970.010.230.12-0.44-0.52-0.42-0.120.48-0.68-0.31-0.790.150.440.15-0.730.630.16-0.97-0.9-0.95-0.67-0.97
-0.59-0.980.03-0.2-0.070.440.550.460.15-0.410.710.490.82-0.18-0.38-0.070.76-0.52-0.19-0.970.880.910.640.96
-0.46-0.860.07-0.12-0.030.410.470.390.18-0.370.630.230.690.01-0.33-0.090.64-0.40.01-0.90.880.860.730.92
-0.71-0.920.04-0.18-0.040.240.370.250.16-0.370.50.240.65-0.33-0.33-0.110.56-0.7-0.34-0.950.910.860.780.94
-0.27-0.70.03-0.110.010.040.120.070.11-0.140.210.320.37-0.26-0.12-0.110.24-0.53-0.27-0.670.640.730.780.63
-0.72-0.930.09-0.14-0.020.390.50.380.21-0.390.650.250.74-0.24-0.35-0.060.7-0.54-0.24-0.970.960.920.940.63
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Cemtrex Account Relationship Matchups

Cemtrex income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.7M2.2M1.8M1.0M1.2M614.5K
Interest Expense4.6M2.9M3.9M5.0M5.7M6.0M
Total Revenue43.5M43.1M50.3M59.4M68.3M45.7M
Gross Profit19.4M17.0M19.1M25.7M29.5M15.7M
Other Operating Expenses47.6M51.9M63.8M60.9M70.0M47.6M
Operating Income(2.2M)3.7M(13.6M)(1.5M)(1.4M)(1.4M)
Ebit(2.7M)3.7M(6.9M)(1.0M)(931.3K)(884.8K)
Ebitda(66.5K)5.9M(5.2M)(8.7K)(7.9K)(7.5K)
Cost Of Revenue24.2M26.2M31.2M33.7M38.7M30.0M
Total Operating Expenses23.4M25.7M32.6M27.2M31.3M17.6M
Income Before Tax(6.8M)769.2K(13.5M)(6.0M)(5.4M)(5.1M)
Total Other Income Expense Net(2.8M)9.5M2.5M(4.5M)(5.2M)(4.9M)
Net Income(8.9M)393.8K(13.3M)(9.2M)(8.3M)(7.9M)
Income Tax Expense2.1M375.4K(208.5K)394.3K453.4K476.1K
Selling General Administrative21.6M22.5M27.8M23.9M27.5M18.1M
Research Development1.8M3.2M4.9M3.3M3.8M3.1M
Net Income From Continuing Ops(8.9M)393.8K(13.3M)(6.4M)(5.8M)(5.5M)
Net Income Applicable To Common Shares(24.3M)(13.1M)(7.8M)(13.0M)(11.7M)(11.1M)
Tax Provision2.1M375.4K(208.5K)394.3K453.4K476.1K
Net Interest Income(4.6M)(2.9M)(3.9M)(5.0M)(4.5M)(4.7M)
Minority Interest227.1K78.3K271.3K36.6K32.9K31.3K
Reconciled Depreciation3.7M2.2M1.9M1.0M923.5K877.3K

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