Electromed Historical Income Statement

ELMD Stock  USD 31.06  0.57  1.87%   
Historical analysis of Electromed income statement accounts such as Selling General Administrative of 18.5 M or Total Revenue of 28.9 M can show how well Electromed performed in making a profits. Evaluating Electromed income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Electromed's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Electromed 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 Electromed 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 Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.

About Electromed Income Statement Analysis

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

Electromed Income Statement Chart

At present, Electromed's EBIT is projected to increase significantly based on the last few years of reporting. The current year's Research Development is expected to grow to about 781.7 K, whereas Interest Expense is forecasted to decline to about 85.2 K.

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.

Total Revenue

Total revenue comprises all receipts Electromed 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 Electromed minus its cost of goods sold. It is profit before Electromed 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 Electromed. It is also known as Electromed 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 Electromed's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Electromed 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 Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.At present, Electromed's EBIT is projected to increase significantly based on the last few years of reporting. The current year's Research Development is expected to grow to about 781.7 K, whereas Interest Expense is forecasted to decline to about 85.2 K.
 2021 2022 2023 2024 (projected)
Interest Expense25K78K89.7K85.2K
Depreciation And Amortization628K613K841K684.7K

Electromed income statement Correlations

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0.42-0.021.00.990.990.680.680.520.680.991.00.690.710.680.640.560.690.710.320.6-0.20.50.5-0.26
0.450.020.690.740.760.681.00.271.00.640.681.00.810.990.920.670.990.870.550.81-0.20.620.62-0.63
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0.64-0.010.70.720.710.710.810.810.260.830.720.70.840.80.860.930.810.750.720.9-0.130.750.75-0.75
0.4-0.020.70.740.760.680.990.990.30.990.660.690.990.80.870.661.00.840.560.82-0.230.630.63-0.63
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0.54-0.070.540.570.550.560.670.670.140.690.590.550.710.930.660.760.670.620.840.87-0.090.850.85-0.82
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0.60.190.740.770.80.710.870.870.140.880.640.740.870.750.840.880.620.840.430.690.090.620.62-0.42
0.18-0.180.290.330.310.320.550.55-0.090.560.370.310.570.720.560.550.840.560.430.89-0.040.930.93-0.93
0.35-0.060.590.620.620.60.810.810.180.820.610.590.830.90.820.770.870.820.690.89-0.120.880.88-0.88
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Electromed Account Relationship Matchups

Electromed income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization738.2K610K628K613K841K684.7K
Interest Expense120.7K27K25K78K89.7K85.2K
Selling General Administrative19.9M22.4M27.1M31.6M33.0M18.5M
Total Revenue32.5M35.8M41.7M48.1M54.7M28.9M
Gross Profit25.2M27.3M31.4M36.5M41.7M21.8M
Other Operating Expenses27.4M32.6M38.7M44.1M48.1M26.3M
Operating Income5.1M3.1M3.0M4.0M6.6M6.9M
Ebit5.1M3.1M3.0M4.0M6.6M6.9M
Research Development1.0M1.7M1.4M916K656K781.7K
Ebitda5.9M3.8M3.6M4.6M7.4M7.8M
Cost Of Revenue7.3M8.5M10.2M11.5M13.0M7.1M
Total Operating Expenses20.1M24.2M28.5M32.5M35.1M19.2M
Income Before Tax5.2M3.2M3.0M4.1M7.0M7.4M
Total Other Income Expense Net120.7K27K25K78K455K477.8K
Net Income Applicable To Common Shares4.2M2.4M2.3M3.2M3.6M3.8M
Net Income4.2M2.4M2.3M3.2M5.2M5.4M
Income Tax Expense1.1M805K692K920K1.9M2.0M
Net Income From Continuing Ops4.2M2.4M2.3M3.2M5.2M5.4M
Tax Provision1.1M805K692K920K1.9M1.1M
Net Interest Income120.7K39K25K78K455K477.8K
Reconciled Depreciation738.2K610K628K613K841K590.1K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Electromed is a strong investment it is important to analyze Electromed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Electromed's future performance. For an informed investment choice regarding Electromed Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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 Electromed. If investors know Electromed 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 Electromed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.809
Earnings Share
0.72
Revenue Per Share
6.39
Quarterly Revenue Growth
0.09
Return On Assets
0.0839
The market value of Electromed is measured differently than its book value, which is the value of Electromed that is recorded on the company's balance sheet. Investors also form their own opinion of Electromed's value that differs from its market value or its book value, called intrinsic value, which is Electromed's 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 Electromed's market value can be influenced by many factors that don't directly affect Electromed's 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 Electromed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electromed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromed's 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.