IFabric Historical Income Statement

IFA Stock  CAD 1.05  0.04  3.67%   
Historical analysis of IFabric Corp income statement accounts such as Other Operating Expenses of 30.4 M or Total Operating Expenses of 13.7 M can show how well iFabric Corp performed in making a profits. Evaluating IFabric Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IFabric Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining iFabric Corp 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 iFabric Corp is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iFabric Corp. 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 IFabric Income Statement Analysis

iFabric Corp 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 IFabric Corp shareholders. The income statement also shows IFabric 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).

IFabric Corp Income Statement Chart

At this time, IFabric Corp's Interest Income is very stable compared to the past year.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of iFabric Corp. It is also known as IFabric Corp 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 iFabric Corp 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 iFabric Corp 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in iFabric Corp financial statement analysis. It represents the amount of money remaining after all of iFabric Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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.
Most accounts from IFabric Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into iFabric Corp 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 iFabric Corp. 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.
At this time, IFabric Corp's Interest Income is very stable compared to the past year.
 2020 2021 2023 2024 (projected)
Interest Income223K175.3K157.8K167.4K
Reconciled Depreciation90.1K130.7K117.6K116.6K

IFabric Corp income statement Correlations

0.680.50.070.040.030.510.02-0.020.550.810.240.470.02-0.330.390.490.28-0.070.37-0.360.05-0.25
0.680.63-0.12-0.11-0.10.6-0.13-0.10.660.83-0.10.62-0.110.090.40.380.23-0.250.020.16-0.29-0.37
0.50.63-0.44-0.38-0.420.97-0.37-0.470.980.73-0.170.98-0.390.240.320.49-0.23-0.710.220.27-0.63-0.85
0.07-0.12-0.440.980.98-0.580.970.97-0.250.060.87-0.320.99-0.170.25-0.540.530.320.62-0.610.440.63
0.04-0.11-0.380.980.99-0.550.990.96-0.190.080.9-0.251.0-0.020.26-0.550.420.190.66-0.510.310.58
0.03-0.1-0.420.980.99-0.590.980.97-0.230.070.87-0.280.99-0.040.27-0.580.440.230.61-0.50.320.62
0.510.60.97-0.58-0.55-0.59-0.53-0.620.910.66-0.310.9-0.550.160.220.62-0.2-0.590.080.25-0.53-0.84
0.02-0.13-0.370.970.990.98-0.530.94-0.180.090.92-0.230.990.030.23-0.530.430.180.67-0.490.290.58
-0.02-0.1-0.470.970.960.97-0.620.94-0.290.020.77-0.340.97-0.10.23-0.590.510.320.53-0.50.380.64
0.550.660.98-0.25-0.19-0.230.91-0.18-0.290.810.010.99-0.20.230.40.41-0.13-0.70.370.17-0.59-0.77
0.810.830.730.060.080.070.660.090.020.810.240.760.090.080.410.470.2-0.420.48-0.04-0.29-0.47
0.24-0.1-0.170.870.90.87-0.310.920.770.010.24-0.060.89-0.020.17-0.310.27-0.010.83-0.50.230.37
0.470.620.98-0.32-0.25-0.280.9-0.23-0.340.990.76-0.06-0.250.290.380.38-0.24-0.770.320.27-0.68-0.82
0.02-0.11-0.390.991.00.99-0.550.990.97-0.20.090.89-0.25-0.010.24-0.550.460.220.64-0.50.320.6
-0.330.090.24-0.17-0.02-0.040.160.03-0.10.230.08-0.020.29-0.01-0.06-0.14-0.41-0.52-0.020.68-0.72-0.13
0.390.40.320.250.260.270.220.230.230.40.410.170.380.24-0.06-0.310.340.030.27-0.28-0.11-0.04
0.490.380.49-0.54-0.55-0.580.62-0.53-0.590.410.47-0.310.38-0.55-0.14-0.31-0.11-0.24-0.010.07-0.05-0.6
0.280.23-0.230.530.420.44-0.20.430.51-0.130.20.27-0.240.46-0.410.34-0.110.70.14-0.670.670.52
-0.07-0.25-0.710.320.190.23-0.590.180.32-0.7-0.42-0.01-0.770.22-0.520.03-0.240.7-0.31-0.540.820.78
0.370.020.220.620.660.610.080.670.530.370.480.830.320.64-0.020.27-0.010.14-0.31-0.50.07-0.11
-0.360.160.27-0.61-0.51-0.50.25-0.49-0.50.17-0.04-0.50.27-0.50.68-0.280.07-0.67-0.54-0.5-0.77-0.38
0.05-0.29-0.630.440.310.32-0.530.290.38-0.59-0.290.23-0.680.32-0.72-0.11-0.050.670.820.07-0.770.57
-0.25-0.37-0.850.630.580.62-0.840.580.64-0.77-0.470.37-0.820.6-0.13-0.04-0.60.520.78-0.11-0.380.57
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IFabric Corp Account Relationship Matchups

IFabric Corp income statement Accounts

201920202021202220232024 (projected)
Interest Expense42.7K53.4K49.7K85.6K98.4K50.6K
Selling General Administrative4.6M4.1M5.6M5.5M6.3M3.5M
Other Operating Expenses12.4M16.9M19.7M25.2M29.0M30.4M
Operating Income(896.1K)2.5M(67.6K)(2.5M)(2.2M)(2.1M)
Ebit(666.6K)3.1M(67.6K)(2.3M)(2.1M)(2.0M)
Ebitda(552.0K)3.2M130.7K(2.2M)(2.5M)(2.4M)
Total Operating Expenses5.2M4.9M7.0M11.3M13.0M13.7M
Net Income(624.7K)2.4M(452.5K)(1.7M)(1.5M)(1.4M)
Income Tax Expense(84.7K)667.1K245.0K(762.3K)(686.1K)(651.8K)
Total Revenue11.5M19.8M19.7M22.7M26.1M27.4M
Gross Profit4.3M7.8M7.0M8.8M10.2M5.1M
Net Income From Continuing Ops(1.3M)(624.7K)2.4M(452.5K)(520.3K)(494.3K)
Cost Of Revenue7.2M12.0M12.7M13.9M16.0M16.8M
Income Before Tax(709.4K)3.0M(207.5K)(2.5M)(2.2M)(2.1M)
Total Other Income Expense Net526.5K538.4K(207.5K)27.7K31.8K33.4K
Net Income Applicable To Common Shares(1.3M)(617.8K)2.4M(455K)(523.3K)(497.1K)
Depreciation And Amortization114.7K116.9K130.7K97.9K112.6K128.8K
Selling And Marketing Expenses787.7K982.6K1.3M2.4M2.7M1.6M
Research Development124.1K43.9K26.8K21.5K19.3K18.3K
Minority Interest11.9K5.0K(5.3K)(2.5K)(2.3K)(2.2K)
Tax Provision(321.5K)(84.7K)667.1K245.0K281.7K248.4K
Net Interest Income(47.4K)(42.7K)(53.4K)(49.7K)(57.2K)(60.0K)
Reconciled Depreciation110.7K114.7K90.1K130.7K117.6K116.6K

Pair Trading with IFabric Corp

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 IFabric Corp 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 IFabric Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against IFabric Stock

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The ability to find closely correlated positions to IFabric Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IFabric Corp 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 IFabric Corp - 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 iFabric Corp to buy it.
The correlation of IFabric Corp 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 IFabric Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iFabric Corp 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 IFabric Corp 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 CorrelationCorrelation Matching

Other Information on Investing in IFabric Stock

iFabric Corp 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 IFabric Corp shareholders. The income statement also shows IFabric 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).