Kneat Historical Income Statement
| KSI Stock | 5.75 0.16 2.86% |
Historical analysis of Kneat income statement accounts such as Other Operating Expenses of 50.1 M can show how well Kneat Inc performed in making a profits. Evaluating Kneat income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kneat's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Kneat 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 Kneat Inc is a good buy for the upcoming year.
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About Kneat Income Statement Analysis
Kneat 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 Kneat shareholders. The income statement also shows Kneat 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).
Kneat Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kneat Inc. It is also known as Kneat 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.Cost Of Revenue
Cost of Revenue is found on Kneat Inc income statement and represents the costs associated with goods and services Kneat 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 Kneat's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kneat 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kneat 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 board of governors. At this time, Kneat's Total Operating Expenses is very stable compared to the past year. As of the 2nd of December 2024, Income Tax Expense is likely to grow to about 58.7 K, while Operating Income is likely to drop (14.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 15.7M | 24.4M | 30.1M | 31.6M | Cost Of Revenue | 6.2M | 9.1M | 17.6M | 18.5M |
Kneat income statement Correlations
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Kneat Account Relationship Matchups
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Kneat income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.1M | 3.2M | 4.4M | 5.7M | 7.4M | 7.8M | |
| Selling General Administrative | 1.8M | 2.4M | 3.6M | 4.9M | 7.2M | 7.5M | |
| Gross Profit | 1.8M | 2.9M | 9.3M | 14.7M | 16.6M | 17.4M | |
| Other Operating Expenses | 9.0M | 14.0M | 21.9M | 33.5M | 47.8M | 50.1M | |
| Operating Income | (5.0M) | (6.6M) | (6.4M) | (9.8M) | (13.5M) | (14.2M) | |
| Ebit | (5.1M) | (6.7M) | (6.4M) | (9.8M) | (13.5M) | (12.9M) | |
| Research Development | 3.5M | 5.3M | 8.3M | 11.0M | 9.2M | 9.6M | |
| Ebitda | (3.0M) | (3.5M) | (1.9M) | (4.1M) | (6.1M) | (5.8M) | |
| Cost Of Revenue | 2.2M | 4.5M | 6.2M | 9.1M | 17.6M | 18.5M | |
| Total Operating Expenses | 6.9M | 9.4M | 15.7M | 24.4M | 30.1M | 31.6M | |
| Income Before Tax | (6.2M) | (5.7M) | (9.8M) | (9.1M) | (14.1M) | (14.8M) | |
| Total Other Income Expense Net | (1.2M) | 866.2K | (3.5M) | 642.9K | (529.4K) | (555.9K) | |
| Net Income | (6.3M) | (5.9M) | (9.9M) | (9.1M) | (14.1M) | (14.8M) | |
| Income Tax Expense | 134.8K | 192.3K | 20.9K | 16.6K | 55.9K | 58.7K | |
| Interest Expense | 67.8K | 192.3K | 285.0K | 228.6K | 1.1M | 1.1M | |
| Selling And Marketing Expenses | 1.6M | 1.7M | 3.8M | 8.5M | 13.8M | 14.5M | |
| Total Revenue | 3.9M | 7.4M | 15.5M | 23.7M | 34.2M | 35.9M | |
| Interest Income | 61.0K | 190.5K | 278.5K | 225.8K | 6.6K | 6.3K | |
| Net Income Applicable To Common Shares | (6.2M) | (5.7M) | (9.9M) | (9.1M) | (8.2M) | (8.6M) | |
| Net Interest Income | (61.0K) | (190.5K) | (278.5K) | (225.8K) | (1.1M) | (1.0M) | |
| Net Income From Continuing Ops | (6.2M) | (5.7M) | (9.9M) | (9.1M) | (14.1M) | (13.4M) | |
| Reconciled Depreciation | 2.0M | 3.1M | 4.4M | 5.7M | 7.4M | 4.4M |
Pair Trading with Kneat
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 Kneat 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 Kneat will appreciate offsetting losses from the drop in the long position's value.Moving against Kneat Stock
The ability to find closely correlated positions to Kneat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kneat 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 Kneat - 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 Kneat Inc to buy it.
The correlation of Kneat 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 Kneat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kneat 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 Kneat 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.Other Information on Investing in Kneat Stock
Kneat 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 Kneat shareholders. The income statement also shows Kneat 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).