GROW Historical Income Statement
| GROW Stock | USD 2.44 0.01 0.41% |
Historical analysis of US Global income statement accounts such as Selling General Administrative of 7 M or Total Revenue of 14.9 M can show how well US Global Investors performed in making a profits. Evaluating US Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of US Global's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining US Global Investors 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 US Global Investors is a good buy for the upcoming year.
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About GROW Income Statement Analysis
US Global Investors 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 US Global shareholders. The income statement also shows GROW 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).
US Global Income Statement Chart
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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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of US Global Investors minus its cost of goods sold. It is profit before US Global 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 US Global Investors. It is also known as US Global 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 US Global Investors 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 US Global Investors 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from US Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into US Global Investors 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 US Global Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, US Global's Research Development is fairly stable compared to the past year. Tax Provision is likely to climb to about 931.5 K in 2024, whereas Interest Expense is likely to drop 2,850 in 2024.
US Global income statement Correlations
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US Global Account Relationship Matchups
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US Global income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 8.9M | 3.6M | 228.5K | 14.0M | 196K | 186.2K | |
| Interest Expense | 4.7M | 58.1M | 4.0M | 4K | 3K | 2.9K | |
| Selling General Administrative | 3.7M | 5.7M | 6.9M | 6.1M | 6.1M | 7.0M | |
| Total Revenue | 4.5M | 21.7M | 24.7M | 15.1M | 11.0M | 14.9M | |
| Gross Profit | 1.6M | 14.3M | 18.7M | 10.3M | 6.2M | 6.5M | |
| Other Operating Expenses | 6.9M | 13.5M | 13.6M | 11.5M | 11.5M | 12.5M | |
| Operating Income | (192K) | 8.2M | 15.8M | 3.5M | (480K) | (456K) | |
| Ebit | (8.9M) | 5.0M | 15.2M | (9.7M) | 1.9M | 1.9M | |
| Ebitda | 10K | 8.5M | 15.4M | 4.3M | 2.1M | 2.8M | |
| Total Operating Expenses | 4.0M | 6.1M | 7.5M | 6.7M | 6.7M | 10.6M | |
| Income Before Tax | (4.6M) | 37.4M | 7.1M | 4.1M | 1.9M | 1.8M | |
| Total Other Income Expense Net | (4.4M) | 29.3M | (8.7M) | 558K | 2.4M | 2.3M | |
| Net Income | (4.5M) | 32.0M | 5.5M | 3.1M | 1.3M | 2.7M | |
| Income Tax Expense | (175K) | 5.5M | 1.6M | 934K | 582K | 552.9K | |
| Cost Of Revenue | 2.8M | 7.4M | 6.1M | 4.8M | 4.8M | 4.6M | |
| Net Income Applicable To Common Shares | (3.4M) | (4.7M) | 32.0M | 5.5M | 6.3M | 4.1M | |
| Selling And Marketing Expenses | 174K | 220K | 405K | 382K | 404K | 434.7K | |
| Net Income From Continuing Ops | (4.5M) | 32.0M | 5.5M | 3.1M | 1.3M | 2.3M | |
| Research Development | 1.04 | 0.95 | 0.17 | 0.25 | 0.29 | 0.33 | |
| Minority Interest | 518K | 467K | (118K) | 30K | 27K | 25.7K | |
| Tax Provision | (175K) | 5.5M | 1.6M | 934K | 582K | 931.5K | |
| Reconciled Depreciation | 202K | 196K | (419K) | (246K) | (139K) | (132.1K) |
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When running US Global's price analysis, check to measure US Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy US Global is operating at the current time. Most of US Global's value examination focuses on studying past and present price action to predict the probability of US Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move US Global's price. Additionally, you may evaluate how the addition of US Global to your portfolios can decrease your overall portfolio volatility.