Cigniti Historical Income Statement

CIGNITITEC   1,857  40.95  2.25%   
Historical analysis of Cigniti Technologies income statement accounts such as Interest Expense of 31.5 M, Selling General Administrative of 332.4 M or Total Revenue of 19.1 B can show how well Cigniti Technologies Limited performed in making a profits. Evaluating Cigniti Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cigniti Technologies's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Cigniti Technologies 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 Cigniti Technologies 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 Cigniti Technologies 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 gross domestic product.

About Cigniti Income Statement Analysis

Cigniti Technologies 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 Cigniti Technologies shareholders. The income statement also shows Cigniti 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).

Cigniti Technologies Income Statement Chart

As of now, Cigniti Technologies' Other Operating Expenses is increasing as compared to previous years. The Cigniti Technologies' current Operating Income is estimated to increase to about 3.5 B, while Interest Expense is projected to decrease to under 31.5 M.

Total Revenue

Total revenue comprises all receipts Cigniti Technologies 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 Cigniti Technologies Limited minus its cost of goods sold. It is profit before Cigniti Technologies 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 Cigniti Technologies. It is also known as Cigniti Technologies 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.
Most accounts from Cigniti Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cigniti Technologies 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 Cigniti Technologies 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 gross domestic product.
As of now, Cigniti Technologies' Other Operating Expenses is increasing as compared to previous years. The Cigniti Technologies' current Operating Income is estimated to increase to about 3.5 B, while Interest Expense is projected to decrease to under 31.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense38.0M44.0M41.2M31.5M
Depreciation And Amortization161.6M263.8M303.3M318.5M

Cigniti Technologies income statement Correlations

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0.930.490.131.00.970.880.550.60.90.53-0.450.410.840.91-0.630.910.360.680.340.890.86
0.820.310.080.920.940.880.780.810.780.77-0.10.680.820.92-0.460.740.50.740.640.890.82
0.390.20.160.60.730.550.781.00.631.00.470.990.590.56-0.250.440.440.560.970.640.62
0.450.210.160.650.770.60.811.00.671.00.420.970.630.61-0.270.480.470.590.950.690.66
0.810.350.120.90.920.90.780.630.670.62-0.280.520.820.77-0.620.810.440.570.450.820.84
0.380.170.140.590.720.530.771.01.00.620.480.990.590.56-0.230.420.460.550.970.640.62
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0.910.110.230.850.880.840.820.590.630.820.59-0.310.450.84-0.430.720.740.690.40.870.84
0.910.2-0.030.930.90.910.920.560.610.770.56-0.360.450.84-0.40.780.560.80.40.960.85
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0.830.550.10.90.860.910.740.440.480.810.42-0.490.310.720.78-0.620.230.540.240.780.9
0.56-0.53-0.070.40.460.360.50.440.470.440.46-0.020.380.740.560.110.230.540.410.590.59
0.630.140.180.70.690.680.740.560.590.570.55-0.090.480.690.8-0.240.540.540.450.750.63
0.180.050.050.40.550.340.640.970.950.450.970.650.990.40.4-0.050.240.410.450.490.47
0.880.21-0.10.910.910.890.890.640.690.820.64-0.290.530.870.96-0.390.780.590.750.490.9
0.850.23-0.080.870.880.860.820.620.660.840.62-0.290.510.840.85-0.390.90.590.630.470.9
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Cigniti Technologies Account Relationship Matchups

Cigniti Technologies income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization114.8M122.7M161.6M263.8M303.3M318.5M
Interest Expense72.6M48.9M38.0M44.0M41.2M31.5M
Selling General Administrative221.7M267.7M335.4M340.4M380.1M332.4M
Total Revenue8.7B9.0B12.4B16.5B18.2B19.1B
Gross Profit3.5B3.7B4.9B6.8B6.9B7.3B
Other Operating Expenses7.4B7.6B11.3B14.4B14.8B15.5B
Operating Income1.3B1.3B1.1B2.1B3.3B3.5B
Ebit1.4B1.5B1.3B2.3B2.2B2.4B
Ebitda1.5B1.6B1.4B2.5B2.5B2.7B
Total Operating Expenses2.2B2.4B3.8B4.7B3.6B3.7B
Income Before Tax1.3B1.4B1.2B2.2B2.2B2.3B
Total Other Income Expense Net23.1M(683.2M)(1.0B)(1.2B)(1.1B)(1.1B)
Net Income1.2B1.1B917.4M1.7B1.7B1.7B
Income Tax Expense92.4M357.1M297.8M533.2M547.8M575.2M
Selling And Marketing Expenses180.5M194.3M379.5M334.6M682.6M716.7M
Cost Of Revenue5.2B5.3B7.5B9.6B11.2B5.6B
Tax Provision92.4M357.1M297.8M533.2M547.8M575.2M
Interest Income21.6M98.5M133.6M98.3M222.9M234.0M
Net Income From Continuing Ops1.2B1.1B917.4M1.7B1.7B1.7B
Net Income Applicable To Common Shares1.2B1.1B917.4M1.7B1.9B2.0B
Net Interest Income(36.0M)42.6M83.1M54.3M181.7M190.7M
Reconciled Depreciation114.8M122.7M161.6M263.8M303.3M161.0M

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Other Information on Investing in Cigniti Stock

Cigniti Technologies 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 Cigniti Technologies shareholders. The income statement also shows Cigniti 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).