Galaxy Historical Income Statement
| GLXG Stock | 1.15 0.03 2.54% |
Historical analysis of Galaxy Payroll income statement accounts such as Interest Expense of 158.8 K or Selling General Administrative of 7.2 M can show how well Galaxy Payroll Group performed in making a profits. Evaluating Galaxy Payroll income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Galaxy Payroll's future profits or losses.
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About Galaxy Income Statement Analysis
Galaxy Payroll Group 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 Galaxy Payroll shareholders. The income statement also shows Galaxy 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).
Galaxy Payroll Income Statement Chart
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.Total Revenue
Total revenue comprises all receipts Galaxy Payroll Group 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 Galaxy Payroll Group minus its cost of goods sold. It is profit before Galaxy Payroll 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.Most accounts from Galaxy Payroll's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Galaxy Payroll Group 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galaxy Payroll Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Galaxy Payroll's Interest Expense is most likely to decrease significantly in the upcoming years. The Galaxy Payroll's current Selling General Administrative is estimated to increase to about 7.2 M, while Cost Of Revenue is projected to decrease to roughly 13.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 238.7K | 123.3K | 110.9K | 158.8K | Interest Income | 5.1K | 186.4K | 214.3K | 225.1K |
Galaxy Payroll income statement Correlations
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Galaxy Payroll Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Galaxy Payroll Group is a strong investment it is important to analyze Galaxy Payroll'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 Galaxy Payroll's future performance. For an informed investment choice regarding Galaxy Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galaxy Payroll Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Business Services 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 Galaxy Payroll. If investors know Galaxy 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 Galaxy Payroll listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Galaxy Payroll Group is measured differently than its book value, which is the value of Galaxy that is recorded on the company's balance sheet. Investors also form their own opinion of Galaxy Payroll's value that differs from its market value or its book value, called intrinsic value, which is Galaxy Payroll'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 Galaxy Payroll's market value can be influenced by many factors that don't directly affect Galaxy Payroll'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 Galaxy Payroll's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galaxy Payroll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galaxy Payroll'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.