PEDEVCO Historical Income Statement

PED Stock

USD 0.84 0.01 1.18%

Historical analysis of PEDEVCO Corp income statement accounts such as Other Operating Expenses of 28 M, Operating Income of 4.3 M, EBIT of 4.3 M or Ebitda of 15.8 M can show how well PEDEVCO Corp performed in making a profits. Evaluating PEDEVCO Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of PEDEVCO Corp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining PEDEVCO 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 PEDEVCO Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PEDEVCO 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 income.

For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.

About PEDEVCO Income Statement Analysis

PEDEVCO 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 PEDEVCO Corp shareholders. The income statement also shows PEDEVCO 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).

PEDEVCO Corp Income Statement Chart

At present, PEDEVCO Corp's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 10.6 M, whereas Total Operating Expenses is forecasted to decline to about 5.5 M.

Total Revenue Other Operating Expenses Cost Of Revenue Non Recurring Non Operating Income Net Other

Total Revenue

Total revenue comprises all receipts PEDEVCO Corp 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 PEDEVCO Corp. It is also known as PEDEVCO 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.

Cost Of Revenue

Cost of Revenue is found on PEDEVCO Corp income statement and represents the costs associated with goods and services PEDEVCO Corp 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 PEDEVCO Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into PEDEVCO 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PEDEVCO 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 income.

For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.At present, PEDEVCO Corp's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 10.6 M, whereas Total Operating Expenses is forecasted to decline to about 5.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1K	214K	246.1K	233.8K
Depreciation And Amortization	7.5M	11.3M	11.0M	11.5M

Interest Expense Depreciation And Amortization

PEDEVCO Corp income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Cost Of Revenue	Selling General Administrative	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		-0.25	0.82	0.27	0.95	0.01	-0.05	0.41	0.33	0.18	0.18	0.17	-0.07	0.98	0.26	0.34	0.62	-0.05	-0.85	-0.91	0.92	0.91
Interest Expense	-0.25		-0.4	-0.34	-0.27	-0.35	-0.1	-0.21	0.12	-0.25	0.07	-0.24	-0.02	-0.35	-0.03	-0.18	-0.34	0.67	-0.2	0.56	-0.56	-0.54
Total Revenue	0.82	-0.4		0.77	0.88	0.38	0.44	0.77	0.29	0.22	-0.05	0.22	0.14	0.91	0.25	0.34	0.73	-0.28	-0.56	-0.82	0.83	0.83
Gross Profit	0.27	-0.34	0.77		0.41	0.61	0.77	0.83	0.1	0.16	-0.28	0.17	0.32	0.44	0.11	0.18	0.58	-0.37	-0.03	-0.34	0.36	0.36
Other Operating Expenses	0.95	-0.27	0.88	0.41		0.03	0.01	0.45	0.56	0.11	0.06	0.1	0.02	0.96	0.48	0.3	0.62	-0.22	-0.73	-0.89	0.9	0.89
Operating Income	0.01	-0.35	0.38	0.61	0.03		0.8	0.73	-0.36	0.49	0.07	0.49	0.0	0.15	-0.33	0.41	-0.01	-0.22	0.09	-0.09	0.1	0.09
Ebit	-0.05	-0.1	0.44	0.77	0.01	0.8		0.89	-0.34	0.35	-0.1	0.36	0.16	0.12	-0.33	0.29	0.18	-0.03	0.05	-0.01	0.03	-0.01
Ebitda	0.41	-0.21	0.77	0.83	0.45	0.73	0.89		-0.16	0.4	-0.01	0.4	0.11	0.56	-0.18	0.42	0.45	-0.05	-0.35	-0.43	0.44	0.41
Total Operating Expenses	0.33	0.12	0.29	0.1	0.56	-0.36	-0.34	-0.16		-0.28	-0.13	-0.27	0.09	0.31	0.89	-0.08	0.15	-0.32	-0.2	-0.28	0.28	0.28
Income Before Tax	0.18	-0.25	0.22	0.16	0.11	0.49	0.35	0.4	-0.28		0.85	1.0	-0.83	0.22	-0.24	0.96	-0.13	0.19	-0.15	-0.25	0.25	0.21
Total Other Income Expense Net	0.18	0.07	-0.05	-0.28	0.06	0.07	-0.1	-0.01	-0.13	0.85		0.85	-0.97	0.11	-0.14	0.86	-0.3	0.43	-0.28	-0.13	0.12	0.09
Net Income	0.17	-0.24	0.22	0.17	0.1	0.49	0.36	0.4	-0.27	1.0	0.85		-0.83	0.21	-0.23	0.96	-0.14	0.19	-0.14	-0.24	0.24	0.2
Income Tax Expense	-0.07	-0.02	0.14	0.32	0.02	0.0	0.16	0.11	0.09	-0.83	-0.97	-0.83		-0.01	0.08	-0.82	0.34	-0.33	0.15	0.07	-0.07	-0.03
Cost Of Revenue	0.98	-0.35	0.91	0.44	0.96	0.15	0.12	0.56	0.31	0.22	0.11	0.21	-0.01		0.27	0.36	0.66	-0.16	-0.76	-0.94	0.94	0.94
Selling General Administrative	0.26	-0.03	0.25	0.11	0.48	-0.33	-0.33	-0.18	0.89	-0.24	-0.14	-0.23	0.08	0.27		-0.1	0.14	-0.46	-0.07	-0.27	0.27	0.28
Net Income From Continuing Ops	0.34	-0.18	0.34	0.18	0.3	0.41	0.29	0.42	-0.08	0.96	0.86	0.96	-0.82	0.36	-0.1		-0.04	0.25	-0.33	-0.37	0.37	0.32
Non Recurring	0.62	-0.34	0.73	0.58	0.62	-0.01	0.18	0.45	0.15	-0.13	-0.3	-0.14	0.34	0.66	0.14	-0.04		-0.18	-0.45	-0.68	0.69	0.62
Non Operating Income Net Other	-0.05	0.67	-0.28	-0.37	-0.22	-0.22	-0.03	-0.05	-0.32	0.19	0.43	0.19	-0.33	-0.16	-0.46	0.25	-0.18		-0.37	0.27	-0.27	-0.29
Minority Interest	-0.85	-0.2	-0.56	-0.03	-0.73	0.09	0.05	-0.35	-0.2	-0.15	-0.28	-0.14	0.15	-0.76	-0.07	-0.33	-0.45	-0.37		0.65	-0.65	-0.6
Interest Income	-0.91	0.56	-0.82	-0.34	-0.89	-0.09	-0.01	-0.43	-0.28	-0.25	-0.13	-0.24	0.07	-0.94	-0.27	-0.37	-0.68	0.27	0.65		-1.0	-0.95
Net Interest Income	0.92	-0.56	0.83	0.36	0.9	0.1	0.03	0.44	0.28	0.25	0.12	0.24	-0.07	0.94	0.27	0.37	0.69	-0.27	-0.65	-1.0		0.95
Reconciled Depreciation	0.91	-0.54	0.83	0.36	0.89	0.09	-0.01	0.41	0.28	0.21	0.09	0.2	-0.03	0.94	0.28	0.32	0.62	-0.29	-0.6	-0.95	0.95

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PEDEVCO Corp Account Relationship Matchups

PEDEVCO Corp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	10.0M	11.4M	7.5M	11.3M	11.0M	11.5M
Interest Expense	824K	2K	1K	214K	246.1K	233.8K
Total Revenue	13.0M	8.1M	15.9M	30.0M	30.8M	32.3M
Gross Profit	(4.9M)	(7.7M)	2.5M	8.5M	10.1M	10.6M
Other Operating Expenses	24.2M	22.6M	19.5M	27.4M	26.7M	28.0M
Operating Income	(10.2M)	(33.8M)	(3.5M)	2.6M	4.1M	4.3M
Ebit	(10.2M)	(32.7M)	(1.3M)	2.6M	4.1M	4.3M
Ebitda	(250K)	(21.3M)	6.2M	13.9M	15.0M	15.8M
Total Operating Expenses	6.4M	6.8M	6.2M	5.9M	6.0M	5.5M
Income Before Tax	(11.1M)	(32.7M)	(1.3M)	2.8M	264K	277.2K
Total Other Income Expense Net	(875K)	1.1M	568K	214K	(3.8M)	(3.6M)
Net Income	(11.8M)	(33.8M)	(1.5M)	2.8M	264K	277.2K
Income Tax Expense	718K	1.1M	181K	(214K)	10.8M	11.3M
Cost Of Revenue	17.8M	15.8M	13.3M	21.6M	20.7M	21.7M
Selling General Administrative	5.8M	6.7M	6.2M	5.9M	6.0M	5.0M
Net Income From Continuing Ops	(11.1M)	(32.7M)	(1.3M)	2.8M	1.5M	1.6M
Non Recurring	19.0M	47K	606K	19.4M	22.3M	23.4M
Net Income Applicable To Common Shares	(11.1M)	(32.7M)	(1.3M)	2.8M	3.3M	3.4M
Interest Income	769K	40K	15K	117K	349K	331.6K
Net Interest Income	(769K)	38K	14K	117K	349K	366.5K
Reconciled Depreciation	11.1M	11.4M	7.5M	11.3M	13.3M	10.2M

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When determining whether PEDEVCO Corp is a strong investment it is important to analyze PEDEVCO Corp'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 PEDEVCO Corp's future performance. For an informed investment choice regarding PEDEVCO Stock, refer to the following important reports:

How To Invest In PEDEVCO

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Is PEDEVCO Stock a good investment?

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What is PEDEVCO Corp's Net Worth?

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For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Is Oil & Gas Exploration & Production 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 PEDEVCO Corp. If investors know PEDEVCO 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 PEDEVCO Corp 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

0.659

Earnings Share

0.02

Revenue Per Share

0.386

Quarterly Revenue Growth

0.382

Return On Assets

0.024

The market value of PEDEVCO Corp is measured differently than its book value, which is the value of PEDEVCO that is recorded on the company's balance sheet. Investors also form their own opinion of PEDEVCO Corp's value that differs from its market value or its book value, called intrinsic value, which is PEDEVCO Corp'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 PEDEVCO Corp's market value can be influenced by many factors that don't directly affect PEDEVCO Corp'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 PEDEVCO Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PEDEVCO Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEDEVCO Corp'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.

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PEDEVCO Historical Income Statement

About PEDEVCO Income Statement Analysis

PEDEVCO Corp Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

PEDEVCO Corp income statement Correlations

PEDEVCO Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PEDEVCO Corp income statement Accounts

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COMMON DESTINATIONS

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Net Income	+ 1.0	Income Before Tax
Cost Of Revenue	+ 0.98	Depreciation And Amortization
Cost Of Revenue	+ 0.96	Other Operating Expenses
Net Income From Continuing Ops	+ 0.96	Income Before Tax
Net Income From Continuing Ops	+ 0.96	Net Income
Other Operating Expenses	+ 0.95	Depreciation And Amortization

Net Interest Income	- 1.0	Interest Income
Income Tax Expense	- 0.97	Total Other Income Expense Net
Reconciled Depreciation	- 0.95	Interest Income
Interest Income	- 0.94	Cost Of Revenue
Interest Income	- 0.91	Depreciation And Amortization
Interest Income	- 0.89	Other Operating Expenses