Gear Historical Income Statement

GXE Stock

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Historical analysis of Gear Energy income statement accounts such as Selling General Administrative of 9.4 M or Total Revenue of 119.3 M can show how well Gear Energy performed in making a profits. Evaluating Gear Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gear Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Gear Energy 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 Gear Energy is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gear Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Gear Income Statement Analysis

Gear Energy 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 Gear Energy shareholders. The income statement also shows Gear 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).

Gear Energy Income Statement Chart

At this time, Gear Energy's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 11th of December 2024, Tax Provision is likely to grow to about 12.1 M, while Depreciation And Amortization is likely to drop about 41.2 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Gear Energy 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 Gear Energy minus its cost of goods sold. It is profit before Gear Energy 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 Gear Energy. It is also known as Gear Energy 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 Gear Energy 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 Gear Energy 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 Gear Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gear Energy 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 Gear Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Interest Expense	4.4M	3.3M	4.5M	4.2M
Depreciation And Amortization	36.9M	39.6M	45.2M	41.2M

Interest Expense Depreciation And Amortization

Gear Energy income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.77	0.17	0.76	0.61	0.92	0.39	0.17	0.39	0.9	0.86	0.16	-0.1	0.13	0.05	0.05	0.19	-0.45	0.4
Interest Expense	0.77		0.06	0.36	0.27	0.53	0.07	-0.01	0.17	0.46	0.56	-0.02	-0.17	-0.07	0.2	-0.15	0.42	-0.59	0.29
Selling General Administrative	0.17	0.06		0.61	0.69	0.4	0.74	0.47	0.47	0.34	0.46	0.47	0.05	0.47	-0.21	0.44	-0.11	-0.35	-0.4
Total Revenue	0.76	0.36	0.61		0.97	0.92	0.88	0.62	0.76	0.87	0.91	0.61	0.19	0.6	-0.21	0.54	-0.11	-0.44	0.24
Gross Profit	0.61	0.27	0.69	0.97		0.81	0.96	0.72	0.82	0.71	0.86	0.72	0.28	0.72	-0.28	0.68	-0.16	-0.46	0.18
Other Operating Expenses	0.92	0.53	0.4	0.92	0.81		0.63	0.34	0.53	0.97	0.95	0.33	-0.02	0.3	-0.03	0.23	0.07	-0.41	0.3
Operating Income	0.39	0.07	0.74	0.88	0.96	0.63		0.83	0.88	0.56	0.67	0.82	0.4	0.84	-0.38	0.82	-0.3	-0.39	0.11
Ebit	0.17	-0.01	0.47	0.62	0.72	0.34	0.83		0.96	0.29	0.38	1.0	0.8	0.96	-0.26	0.95	-0.23	-0.42	0.06
Ebitda	0.39	0.17	0.47	0.76	0.82	0.53	0.88	0.96		0.48	0.55	0.96	0.71	0.93	-0.28	0.9	-0.22	-0.43	0.23
Cost Of Revenue	0.9	0.46	0.34	0.87	0.71	0.97	0.56	0.29	0.48		0.84	0.27	-0.04	0.25	-0.04	0.18	0.01	-0.32	0.3
Total Operating Expenses	0.86	0.56	0.46	0.91	0.86	0.95	0.67	0.38	0.55	0.84		0.37	0.01	0.34	-0.02	0.28	0.14	-0.5	0.27
Income Before Tax	0.16	-0.02	0.47	0.61	0.72	0.33	0.82	1.0	0.96	0.27	0.37		0.81	0.96	-0.26	0.95	-0.23	-0.41	0.06
Total Other Income Expense Net	-0.1	-0.17	0.05	0.19	0.28	-0.02	0.4	0.8	0.71	-0.04	0.01	0.81		0.69	0.13	0.69	0.06	-0.14	0.13
Net Income	0.13	-0.07	0.47	0.6	0.72	0.3	0.84	0.96	0.93	0.25	0.34	0.96	0.69		-0.51	0.99	-0.47	-0.32	0.05
Income Tax Expense	0.05	0.2	-0.21	-0.21	-0.28	-0.03	-0.38	-0.26	-0.28	-0.04	-0.02	-0.26	0.13	-0.51		-0.52	0.95	-0.14	0.0
Net Income From Continuing Ops	0.05	-0.15	0.44	0.54	0.68	0.23	0.82	0.95	0.9	0.18	0.28	0.95	0.69	0.99	-0.52		-0.49	-0.29	0.05
Tax Provision	0.19	0.42	-0.11	-0.11	-0.16	0.07	-0.3	-0.23	-0.22	0.01	0.14	-0.23	0.06	-0.47	0.95	-0.49		-0.31	0.01
Net Interest Income	-0.45	-0.59	-0.35	-0.44	-0.46	-0.41	-0.39	-0.42	-0.43	-0.32	-0.5	-0.41	-0.14	-0.32	-0.14	-0.29	-0.31		-0.03
Reconciled Depreciation	0.4	0.29	-0.4	0.24	0.18	0.3	0.11	0.06	0.23	0.3	0.27	0.06	0.13	0.05	0.0	0.05	0.01	-0.03

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Gear Energy Account Relationship Matchups

Gear Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	52.0M	33.6M	36.9M	39.6M	45.2M	41.2M
Interest Expense	6.4M	5.5M	4.4M	3.3M	4.5M	4.2M
Selling General Administrative	6.2M	9.9M	10.6M	15.8M	8.6M	9.4M
Total Revenue	132.0M	65.1M	129.0M	187.3M	148.7M	119.3M
Gross Profit	67.1M	25.8M	79.5M	125.0M	86.9M	62.5M
Other Operating Expenses	116.7M	77.9M	95.6M	122.3M	125.4M	106.8M
Operating Income	15.3M	(12.9M)	33.3M	65.0M	23.3M	12.0M
Ebit	2.3M	(49.7M)	50.5M	67.8M	22.3M	23.4M
Ebitda	54.3M	(16.1M)	87.5M	107.4M	67.5M	38.6M
Cost Of Revenue	64.9M	39.3M	49.6M	62.3M	61.8M	56.8M
Total Operating Expenses	51.9M	38.6M	46.1M	60.1M	63.6M	50.0M
Income Before Tax	(2.4M)	(54.0M)	47.6M	66.7M	20.1M	21.1M
Total Other Income Expense Net	(17.7M)	(41.2M)	(21.1M)	1.8M	(3.3M)	(3.4M)
Net Income	(5.7M)	(77.3M)	80.5M	75.0M	8.6M	9.0M
Income Tax Expense	3.3M	23.3M	(32.9M)	(8.2M)	11.5M	12.1M
Net Income From Continuing Ops	(5.7M)	(77.3M)	80.5M	75.0M	8.6M	9.0M
Net Income Applicable To Common Shares	(5.7M)	(77.3M)	80.5M	75.0M	86.2M	90.5M
Tax Provision	3.3M	23.3M	(32.9M)	(8.2M)	11.5M	12.1M
Net Interest Income	(4.2M)	(3.9M)	(4.4M)	(3.3M)	(4.5M)	(4.7M)
Reconciled Depreciation	50.3M	32.4M	35.4M	37.4M	42.9M	31.8M

Pair Trading with Gear Energy

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 Gear Energy 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 Gear Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Gear Stock

0.57	ENB-PFV	Enbridge Pref 5	Pair Corr
0.5	ENS	E Split Corp	Pair Corr
0.47	ENS-PA	E Split Corp	Pair Corr
0.38	BUI	Buhler Industries	Pair Corr

The ability to find closely correlated positions to Gear Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gear Energy 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 Gear Energy - 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 Gear Energy to buy it.

The correlation of Gear Energy 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 Gear Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gear Energy 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 Gear Energy 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.

Pair Correlation Correlation Matching

Other Information on Investing in Gear Stock

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Gear Historical Income Statement

About Gear Income Statement Analysis

Gear Energy Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Gear Energy income statement Correlations

Gear Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gear Energy income statement Accounts

Pair Trading with Gear Energy

Moving against Gear Stock

Other Information on Investing in Gear Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Income Before Tax	+ 1.0	Ebit
Net Income From Continuing Ops	+ 0.99	Net Income
Gross Profit	+ 0.97	Total Revenue
Cost Of Revenue	+ 0.97	Other Operating Expenses
Operating Income	+ 0.96	Gross Profit
Ebitda	+ 0.96	Ebit

Net Interest Income	- 0.59	Interest Expense
Net Income From Continuing Ops	- 0.52	Income Tax Expense
Income Tax Expense	- 0.51	Net Income
Net Interest Income	- 0.5	Total Operating Expenses
Tax Provision	- 0.49	Net Income From Continuing Ops
Tax Provision	- 0.47	Net Income