Mercurity Historical Income Statement
| MFH Stock | USD 6.52 0.42 6.05% |
Historical analysis of Mercurity Fintech income statement accounts such as Selling And Marketing Expenses of 427.4 K can show how well Mercurity Fintech Holding performed in making a profits. Evaluating Mercurity Fintech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mercurity Fintech's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mercurity Fintech Holding 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 Mercurity Fintech Holding is a good buy for the upcoming year.
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About Mercurity Income Statement Analysis
Mercurity Fintech Holding 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 Mercurity Fintech shareholders. The income statement also shows Mercurity 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).
Mercurity Fintech Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Mercurity Fintech Holding 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mercurity Fintech Holding. It is also known as Mercurity Fintech 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 Mercurity Fintech Holding income statement and represents the costs associated with goods and services Mercurity Fintech 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 Mercurity Fintech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mercurity Fintech Holding 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 Mercurity Fintech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. As of now, Mercurity Fintech's Interest Expense is increasing as compared to previous years. The Mercurity Fintech's current Reconciled Depreciation is estimated to increase to about 1.5 M, while Depreciation And Amortization is projected to decrease to under 854 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1K | 1K | 873.1K | 916.8K | Depreciation And Amortization | 13.4M | 29.0K | 899.0K | 854.0K |
Mercurity Fintech income statement Correlations
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Mercurity Fintech Account Relationship Matchups
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Mercurity Fintech income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 279.0 | 8.2K | 1.1K | 1K | 873.1K | 916.8K | |
| Selling General Administrative | 1.0M | 2.1M | 10.4M | 2.2M | 2.5M | 2.4M | |
| Total Revenue | 1.7M | 1.5M | 670.2K | 863.4K | 445.9K | 423.6K | |
| Gross Profit | 1.5M | 1.3M | (32.5K) | (517.2K) | (978.4K) | (929.5K) | |
| Other Operating Expenses | 1.3M | 2.3M | 11.1M | 3.6M | 9.7M | 9.2M | |
| Operating Income | 455.8K | (1.6M) | (12.5M) | 467.3K | (8.5M) | (8.9M) | |
| Ebit | 455.8K | (502.2K) | (26.7M) | (5.9M) | (8.8M) | (8.4M) | |
| Ebitda | 455.8K | 166.6K | (13.3M) | (5.9M) | (7.9M) | (7.5M) | |
| Cost Of Revenue | 257.0K | 154.3K | 702.7K | 1.4M | 1.4M | 1.4M | |
| Total Operating Expenses | 1.0M | 2.1M | 10.4M | 2.2M | 8.3M | 7.9M | |
| Income Before Tax | 483.0K | (1.7M) | (12.4M) | (5.9M) | (9.4M) | (9.9M) | |
| Total Other Income Expense Net | 27.1K | (24.6K) | 122.0K | (28.3K) | (948.6K) | (996.0K) | |
| Net Income | (1.2M) | (807.7K) | (18.6M) | (5.6M) | (9.4M) | (9.8M) | |
| Income Tax Expense | 1.7M | (843.5K) | 6.2M | (248.7K) | (90.8K) | (95.3K) | |
| Net Income Applicable To Common Shares | (123.2M) | (1.2M) | (1.7M) | (20.7M) | (23.9M) | (25.1M) | |
| Tax Provision | (6.9M) | (2.1M) | 0.0 | (248.7K) | (90.8K) | (95.3K) | |
| Interest Income | 279.0 | 8.2K | 1.1K | 5.1K | 4.6K | 4.4K | |
| Discontinued Operations | (121.4M) | (1.7M) | (958.0K) | (8.4M) | (9.6M) | (10.1M) | |
| Net Income From Continuing Ops | 483.0K | (1.7M) | (12.4M) | (5.6M) | (9.4M) | (9.8M) | |
| Net Interest Income | 279.0 | 8.2K | 1.1K | 5.1K | (646.1K) | (613.8K) |
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When determining whether Mercurity Fintech Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercurity Fintech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mercurity Fintech Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercurity Fintech Holding Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercurity Fintech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercurity Fintech. If investors know Mercurity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercurity Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.01 | Quarterly Revenue Growth 1.485 | Return On Assets (0.21) | Return On Equity (0.54) |
The market value of Mercurity Fintech Holding is measured differently than its book value, which is the value of Mercurity that is recorded on the company's balance sheet. Investors also form their own opinion of Mercurity Fintech's value that differs from its market value or its book value, called intrinsic value, which is Mercurity Fintech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercurity Fintech's market value can be influenced by many factors that don't directly affect Mercurity Fintech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mercurity Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercurity Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercurity Fintech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.