Funko Historical Income Statement
| FNKO Stock | USD 11.49 0.10 0.88% |
Historical analysis of Funko income statement accounts such as Selling General Administrative of 207.6 M or Total Revenue of 830.9 M can show how well Funko Inc performed in making a profits. Evaluating Funko income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Funko's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Funko Inc 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 Funko Inc is a good buy for the upcoming year.
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About Funko Income Statement Analysis
Funko Inc 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 Funko shareholders. The income statement also shows Funko 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).
Funko Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Funko Inc 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 Funko Inc minus its cost of goods sold. It is profit before Funko 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.Cost Of Revenue
Cost of Revenue is found on Funko Inc income statement and represents the costs associated with goods and services Funko 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.Most accounts from Funko's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Funko Inc 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 Funko Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, Funko's Interest Income is very stable compared to the past year. As of the 28th of November 2024, Total Other Income Expense Net is likely to grow to about 75.5 M, while Interest Expense is likely to drop about 17.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 381.0M | 434.0M | 341.7M | 291.7M | Total Revenue | 1.0B | 1.3B | 1.1B | 830.9M |
Funko income statement Correlations
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Funko Account Relationship Matchups
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Funko income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 14.3M | 10.7M | 7.2M | 10.3M | 28.0M | 17.1M | |
| Selling General Administrative | 182.5M | 173.5M | 227.2M | 371.6M | 339.3M | 207.6M | |
| Total Revenue | 795.1M | 652.5M | 1.0B | 1.3B | 1.1B | 830.9M | |
| Gross Profit | 282.5M | 249.1M | 381.0M | 434.0M | 341.7M | 291.7M | |
| Operating Income | 46.6M | 23.5M | 95.5M | (12.7M) | (103.8M) | (98.6M) | |
| Net Income From Continuing Ops | 27.8M | 9.8M | 67.9M | (5.2M) | (164.4M) | (156.2M) | |
| Ebit | 46.6M | 23.5M | 95.5M | (12.7M) | (4.0M) | (3.8M) | |
| Research Development | 5.2M | 5.1M | 6.8M | 10.2M | 8M | 5.3M | |
| Cost Of Revenue | 512.6M | 403.4M | 648.3M | 888.7M | 754.4M | 539.2M | |
| Total Operating Expenses | 235.9M | 225.6M | 285.5M | 445.9M | 436.8M | 281.4M | |
| Income Before Tax | 32.3M | 11.8M | 84.9M | (23.0M) | (31.9M) | (30.3M) | |
| Total Other Income Expense Net | (14.3M) | (11.8M) | (10.6M) | (11.1M) | 71.9M | 75.5M | |
| Net Income Applicable To Common Shares | 11.7M | 4.0M | 43.9M | (8.0M) | (7.2M) | (6.9M) | |
| Net Income | 27.8M | 9.8M | 67.9M | (5.2M) | (154.1M) | (146.4M) | |
| Income Tax Expense | 4.5M | 2.0M | 17.1M | (17.8M) | 132.5M | 139.1M | |
| Minority Interest | 79.7M | 5.8M | 24.0M | 2.8M | 10.4M | 9.8M | |
| Net Interest Income | (14.3M) | (10.7M) | (7.2M) | (10.3M) | (28.0M) | (29.4M) | |
| Depreciation And Amortization | 44.5M | 44.4M | 41.2M | 47.7M | 59.8M | 45.7M | |
| Other Operating Expenses | 748.5M | 629.0M | 933.8M | 1.3B | 1.2B | 869.1M | |
| Ebitda | 91.2M | 67.9M | 136.7M | 35.0M | 55.8M | 63.2M | |
| Tax Provision | 4.5M | 2.0M | 17.1M | (17.8M) | 132.5M | 139.1M | |
| Reconciled Depreciation | 44.5M | 46.7M | 40.1M | 47.9M | 57.4M | 48.4M | |
| Non Operating Income Net Other | 25K | (1.0M) | (3.4M) | (787K) | (905.1K) | (950.3K) |
Pair Trading with Funko
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Funko position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Funko will appreciate offsetting losses from the drop in the long position's value.Moving together with Funko Stock
| 0.62 | JD | JD Inc Adr Aggressive Push | PairCorr |
| 0.71 | LE | Lands End Earnings Call This Week | PairCorr |
Moving against Funko Stock
The ability to find closely correlated positions to Funko could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Funko when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Funko - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Funko Inc to buy it.
The correlation of Funko is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Funko moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Funko Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Funko can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Funko Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Distributors 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 Funko. If investors know Funko 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 Funko 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 (0.32) | Earnings Share (0.44) | Revenue Per Share 20.362 | Quarterly Revenue Growth (0.06) | Return On Assets (0.01) |
The market value of Funko Inc is measured differently than its book value, which is the value of Funko that is recorded on the company's balance sheet. Investors also form their own opinion of Funko's value that differs from its market value or its book value, called intrinsic value, which is Funko'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 Funko's market value can be influenced by many factors that don't directly affect Funko'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 Funko's value and its price as these two are different measures arrived at by different means. Investors typically determine if Funko is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Funko'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.