Newegg Historical Income Statement
| NEGG Stock | USD 0.60 0.01 1.64% |
Historical analysis of Newegg Commerce income statement accounts such as Selling And Marketing Expenses of 12.1 M can show how well Newegg Commerce performed in making a profits. Evaluating Newegg Commerce income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Newegg Commerce's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Newegg Commerce 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 Newegg Commerce is a good buy for the upcoming year.
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About Newegg Income Statement Analysis
Newegg Commerce 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 Newegg Commerce shareholders. The income statement also shows Newegg 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).
Newegg Commerce Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Newegg Commerce 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 Newegg Commerce. It is also known as Newegg Commerce 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 Newegg Commerce's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Newegg Commerce 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 Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.At this time, Newegg Commerce's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Newegg Commerce's current Cost Of Revenue is estimated to increase to about 1.4 B, while Selling General Administrative is projected to decrease to roughly 201.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 612K | 685K | 2.5M | 2.4M | Depreciation And Amortization | 11.1M | 11.0M | 13.4M | 14.1M |
Newegg Commerce income statement Correlations
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Newegg Commerce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Newegg Commerce income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 10.7M | 9.1M | 11.1M | 11.0M | 13.4M | 14.1M | |
| Interest Expense | 2.9M | 664K | 612K | 685K | 2.5M | 2.4M | |
| Selling General Administrative | 2.6M | 2.5B | 259.7M | 251.5M | 212.5M | 201.9M | |
| Selling And Marketing Expenses | 835K | 91.8M | 32.8M | 14.7M | 12.7M | 12.1M | |
| Total Revenue | 1.5B | 2.1B | 2.4B | 1.7B | 1.5B | 1.6B | |
| Gross Profit | 164.9M | 273.6M | 326.0M | 216.6M | 167.6M | 86.7M | |
| Other Operating Expenses | 1.6B | 2.1B | 2.3B | 1.8B | 1.6B | 1.6B | |
| Operating Income | (9.5M) | 33.0M | 33.5M | (49.5M) | (71.1M) | (67.5M) | |
| Ebit | (9.5M) | 29.8M | 38.5M | (42.6M) | (59.1M) | (56.2M) | |
| Ebitda | 1.3M | 38.9M | 49.6M | (31.6M) | (45.7M) | (43.4M) | |
| Cost Of Revenue | 1.4B | 1.8B | 2.1B | 1.5B | 1.3B | 1.4B | |
| Total Operating Expenses | 200.9M | 250.2M | 292.5M | 266.2M | 238.6M | 250.6M | |
| Income Before Tax | (12.4M) | 32.4M | 30.5M | (43.3M) | (61.7M) | (58.6M) | |
| Total Other Income Expense Net | (2.9M) | 4.4M | (3.0M) | 6.2M | 9.4M | 9.9M | |
| Net Income | (17.0M) | 30.4M | 36.3M | (57.4M) | (59.0M) | (56.0M) | |
| Income Tax Expense | 4.6M | 1.9M | (5.8M) | 14.1M | (2.7M) | (2.5M) | |
| Interest Income | 616.4K | 2.0K | 1.1M | 1.2M | 2.3M | 2.5M | |
| Net Income Applicable To Common Shares | (17.0M) | 414K | 36.3M | (57.4M) | (66.0M) | (62.7M) |
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When determining whether Newegg Commerce is a strong investment it is important to analyze Newegg Commerce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newegg Commerce's future performance. For an informed investment choice regarding Newegg Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Computer & Electronics Retail 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 Newegg Commerce. If investors know Newegg 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 Newegg Commerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Earnings Share (0.15) | Revenue Per Share 3.588 | Quarterly Revenue Growth (0.14) | Return On Assets (0.10) |
The market value of Newegg Commerce is measured differently than its book value, which is the value of Newegg that is recorded on the company's balance sheet. Investors also form their own opinion of Newegg Commerce's value that differs from its market value or its book value, called intrinsic value, which is Newegg Commerce'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 Newegg Commerce's market value can be influenced by many factors that don't directly affect Newegg Commerce'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 Newegg Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newegg Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newegg Commerce'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.