Dev Historical Income Statement

DEVIT Stock   160.92  3.32  2.02%   
Historical analysis of Dev Information income statement accounts such as Total Revenue of 868.5 M or Gross Profit of 127.6 M can show how well Dev Information Technology performed in making a profits. Evaluating Dev Information income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dev Information's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Dev Information Tech 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 Dev Information Tech is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dev Information Technology. 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.

About Dev Income Statement Analysis

Dev Information Tech 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 Dev Information shareholders. The income statement also shows Dev 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).

Dev Information Income Statement Chart

At this time, Dev Information's Net Income is very stable compared to the past year. As of the 28th of November 2024, Income Tax Expense is likely to grow to about 31.7 M, while Interest Expense is likely to drop about 12.8 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Dev Information Tech 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 Dev Information Technology minus its cost of goods sold. It is profit before Dev Information 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 Dev Information Tech. It is also known as Dev Information 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.

Operating Income

Operating Income is the amount of profit realized from Dev Information Tech operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dev Information Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Dev Information's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Dev Information Tech 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dev Information Technology. 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.
At this time, Dev Information's Net Income is very stable compared to the past year. As of the 28th of November 2024, Income Tax Expense is likely to grow to about 31.7 M, while Interest Expense is likely to drop about 12.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense7.5M13.9M14.2M12.8M
Depreciation And Amortization18.2M12.5M14.0M14.0M

Dev Information income statement Correlations

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0.20.420.640.380.50.640.640.340.090.67-0.440.670.620.31-0.180.250.39-0.470.52-0.42-0.49
0.540.420.050.990.690.770.80.86-0.650.75-0.310.730.670.560.20.240.67-0.020.47-0.59-0.3
-0.240.640.05-0.030.220.220.18-0.140.490.21-0.170.180.330.30.0-0.25-0.2-0.390.32-0.16-0.21
0.540.380.99-0.030.650.740.780.87-0.650.73-0.270.710.630.520.220.240.680.030.44-0.58-0.26
0.290.50.690.220.650.890.890.86-0.610.89-0.640.860.880.550.210.090.42-0.430.5-0.69-0.69
0.30.640.770.220.740.890.990.86-0.550.99-0.430.980.890.560.120.160.7-0.50.68-0.84-0.66
0.410.640.80.180.780.890.990.89-0.60.98-0.440.970.880.520.080.250.75-0.420.61-0.78-0.62
0.520.340.86-0.140.870.860.860.89-0.790.85-0.420.830.760.460.230.240.68-0.110.38-0.67-0.44
-0.610.09-0.650.49-0.65-0.61-0.55-0.6-0.79-0.550.36-0.54-0.45-0.28-0.05-0.4-0.59-0.03-0.170.370.3
0.310.670.750.210.730.890.990.980.85-0.55-0.50.990.920.580.050.240.7-0.540.7-0.83-0.69
-0.21-0.44-0.31-0.17-0.27-0.64-0.43-0.44-0.420.36-0.5-0.43-0.66-0.55-0.24-0.37-0.150.23-0.190.30.34
0.30.670.730.180.710.860.980.970.83-0.540.99-0.430.860.49-0.050.230.69-0.580.73-0.81-0.75
0.210.620.670.330.630.880.890.880.76-0.450.92-0.660.860.750.230.270.56-0.480.58-0.79-0.53
-0.130.310.560.30.520.550.560.520.46-0.280.58-0.550.490.750.60.010.35-0.340.55-0.75-0.17
-0.26-0.180.20.00.220.210.120.080.23-0.050.05-0.24-0.050.230.6-0.38-0.010.21-0.08-0.330.29
0.740.250.24-0.250.240.090.160.250.24-0.40.24-0.370.230.270.01-0.380.570.18-0.140.130.06
0.590.390.67-0.20.680.420.70.750.68-0.590.7-0.150.690.560.35-0.010.57-0.070.35-0.56-0.15
0.45-0.47-0.02-0.390.03-0.43-0.5-0.42-0.11-0.03-0.540.23-0.58-0.48-0.340.210.18-0.07-0.830.620.82
-0.250.520.470.320.440.50.680.610.38-0.170.7-0.190.730.580.55-0.08-0.140.35-0.83-0.79-0.75
0.15-0.42-0.59-0.16-0.58-0.69-0.84-0.78-0.670.37-0.830.3-0.81-0.79-0.75-0.330.13-0.560.62-0.790.53
0.06-0.49-0.3-0.21-0.26-0.69-0.66-0.62-0.440.3-0.690.34-0.75-0.53-0.170.290.06-0.150.82-0.750.53
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Dev Information Account Relationship Matchups

Dev Information income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization20.4M21.3M18.2M12.5M14.0M14.0M
Interest Expense11.7M8.7M7.5M13.9M14.2M12.8M
Total Revenue684.2M843.8M997.5M1.2B1.6B868.5M
Gross Profit107.0M81.9M107.0M121.6M202.9M127.6M
Other Operating Expenses651.6M823.8M947.9M1.2B1.4B799.3M
Operating Income28.5M17.9M37.7M57.3M190.4M199.9M
Ebit51.6M11.3M40.9M126.4M139.1M146.1M
Ebitda71.9M32.5M59.1M138.9M153.1M160.8M
Cost Of Revenue577.2M761.9M890.5M1.1B1.4B1.5B
Total Operating Expenses74.5M61.9M57.4M64.8M9.7M9.2M
Income Before Tax37.7M12.3M19.7M112.6M124.9M131.2M
Total Other Income Expense Net5.2M(17.4M)(18.7M)3.7M(65.5M)(62.2M)
Net Income37.0M8.2M1.3M89.7M92.9M97.5M
Income Tax Expense(193.8K)4.7M9.6M22.4M30.2M31.7M
Tax Provision(193.8K)4.7M20.4M22.4M30.2M18.1M
Interest Income11.7M12.2M18.9M13.9M16.0M15.3M
Selling General Administrative15.6M18.1M11.0M14.2M7.0M11.7M
Selling And Marketing Expenses3.1M1.8M3.3M5.2M2.7M3.3M
Net Income Applicable To Common Shares37.0M8.2M1.3M89.7M103.2M108.4M
Net Interest Income(10.6M)(5.6M)(3.5M)(13.9M)(14.2M)(14.9M)
Net Income From Continuing Ops37.9M7.6M(709K)90.2M94.8M50.2M
Reconciled Depreciation20.4M20.8M18.2M12.5M14.0M13.8M
Minority Interest(935.7K)560.5K2.0M(463K)(1.9M)(1.8M)

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Other Information on Investing in Dev Stock

Dev Information Tech 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 Dev Information shareholders. The income statement also shows Dev 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).