908 Historical Income Statement

MASS Stock  USD 2.62  0.03  1.16%   
Historical analysis of 908 Devices income statement accounts such as Selling General Administrative of 28.5 M can show how well 908 Devices performed in making a profits. Evaluating 908 Devices income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of 908 Devices's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining 908 Devices 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 908 Devices is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 908 Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.

About 908 Income Statement Analysis

908 Devices 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 908 Devices shareholders. The income statement also shows 908 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).

908 Devices Income Statement Chart

At this time, 908 Devices' Net Interest Income is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 6.5 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.4 M in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts 908 Devices 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 908 Devices minus its cost of goods sold. It is profit before 908 Devices 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 908 Devices. It is also known as 908 Devices 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.
Most accounts from 908 Devices' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into 908 Devices 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 908 Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.At this time, 908 Devices' Net Interest Income is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 6.5 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense486K129K201K191.0K
Depreciation And Amortization925K1.6M2.4M1.4M

908 Devices income statement Correlations

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-0.88-0.72-0.93-0.96-0.97-0.930.920.930.93-0.880.94-0.93-0.93-0.760.93-0.620.90.26-0.78-0.84
0.820.84-0.930.980.961.0-0.93-0.94-0.960.95-0.960.991.00.85-0.950.58-0.94-0.140.820.9
0.820.78-0.960.980.990.98-0.91-0.92-0.930.93-0.940.990.980.82-0.930.55-0.9-0.230.80.86
0.780.71-0.970.960.990.96-0.87-0.88-0.90.89-0.910.960.950.76-0.890.52-0.86-0.270.730.82
0.840.87-0.931.00.980.96-0.94-0.95-0.950.97-0.960.991.00.88-0.950.61-0.94-0.130.850.91
-0.95-0.880.92-0.93-0.91-0.87-0.940.990.99-0.930.98-0.93-0.94-0.860.99-0.751.00.02-0.89-0.91
-0.94-0.860.93-0.94-0.92-0.88-0.950.991.0-0.911.0-0.95-0.94-0.841.0-0.660.990.14-0.87-0.9
-0.92-0.850.93-0.96-0.93-0.9-0.950.991.0-0.911.0-0.95-0.95-0.831.0-0.640.990.15-0.85-0.9
0.880.94-0.880.950.930.890.97-0.93-0.91-0.91-0.910.950.970.96-0.910.73-0.92-0.010.930.96
-0.91-0.840.94-0.96-0.94-0.91-0.960.981.01.0-0.91-0.95-0.95-0.821.0-0.630.980.16-0.84-0.9
0.840.85-0.930.990.990.960.99-0.93-0.95-0.950.95-0.950.990.86-0.950.58-0.93-0.170.850.88
0.840.87-0.931.00.980.951.0-0.94-0.94-0.950.97-0.950.990.88-0.950.62-0.94-0.110.850.92
0.870.98-0.760.850.820.760.88-0.86-0.84-0.830.96-0.820.860.88-0.830.71-0.84-0.020.980.95
-0.92-0.850.93-0.95-0.93-0.89-0.950.991.01.0-0.911.0-0.95-0.95-0.83-0.640.990.15-0.86-0.9
0.790.7-0.620.580.550.520.61-0.75-0.66-0.640.73-0.630.580.620.71-0.64-0.730.50.760.68
-0.92-0.870.9-0.94-0.9-0.86-0.941.00.990.99-0.920.98-0.93-0.94-0.840.99-0.730.0-0.86-0.89
-0.080.040.26-0.14-0.23-0.27-0.130.020.140.15-0.010.16-0.17-0.11-0.020.150.50.0-0.03-0.12
0.930.97-0.780.820.80.730.85-0.89-0.87-0.850.93-0.840.850.850.98-0.860.76-0.86-0.030.93
0.890.95-0.840.90.860.820.91-0.91-0.9-0.90.96-0.90.880.920.95-0.90.68-0.89-0.120.93
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908 Devices Account Relationship Matchups

908 Devices income statement Accounts

201920202021202220232024 (projected)
Net Interest Income(1.5M)(976K)(486K)1.9M4.5M4.7M
Depreciation And Amortization1.2M831K925K1.6M2.4M1.4M
Interest Expense1.5M976K486K129K201K191.0K
Selling General Administrative11.3M12.5M32.2M43.9M46.2M28.5M
Total Revenue18.0M26.9M42.2M46.9M50.2M37.8M
Gross Profit8.1M14.9M23.2M26.0M25.3M20.2M
Other Operating Expenses30.1M32.7M64.3M82.2M93.0M60.6M
Operating Income(12.1M)(5.8M)(22.1M)(35.4M)(42.8M)(40.6M)
Net Income From Continuing Ops(13.4M)(12.8M)(22.2M)(33.6M)(38.8M)(36.8M)
Ebit(12.1M)(11.8M)(21.9M)(35.4M)(36.4M)(34.6M)
Research Development9.0M8.2M13.1M17.5M21.9M14.5M
Ebitda(10.9M)(11.0M)(20.9M)(33.8M)(34.0M)(32.3M)
Cost Of Revenue9.8M12.0M19.0M20.8M24.9M17.6M
Total Operating Expenses20.3M20.7M45.3M61.4M68.1M43.0M
Reconciled Depreciation900K831K925K1.6M2.6M1.4M
Income Before Tax(13.4M)(12.8M)(22.2M)(33.6M)(36.6M)(34.8M)
Total Other Income Expense Net(1.2M)(7.0M)(100K)1.8M6.1M6.5M
Net Income Applicable To Common Shares(13.5M)(12.9M)(22.2M)(33.6M)(30.2M)(28.7M)
Net Income(15.2M)(6.9M)(22.1M)(31.7M)(36.4M)(34.6M)
Income Tax Expense1.8M(5.9M)(53K)(1.8M)(211K)(221.6K)

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Additional Tools for 908 Stock Analysis

When running 908 Devices' price analysis, check to measure 908 Devices' 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 908 Devices is operating at the current time. Most of 908 Devices' value examination focuses on studying past and present price action to predict the probability of 908 Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 908 Devices' price. Additionally, you may evaluate how the addition of 908 Devices to your portfolios can decrease your overall portfolio volatility.