Propel Historical Income Statement
PRL Stock | 38.53 0.01 0.03% |
Historical analysis of Propel Holdings income statement accounts such as Selling General Administrative of 27.5 M, Total Revenue of 151.3 M, Gross Profit of 308.6 M or Other Operating Expenses of 134.4 M can show how well Propel Holdings performed in making a profits. Evaluating Propel Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Propel Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Propel Holdings 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 Propel Holdings is a good buy for the upcoming year.
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About Propel Income Statement Analysis
Propel Holdings 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 Propel Holdings shareholders. The income statement also shows Propel 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).
Propel Holdings Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Propel Holdings 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 Propel Holdings minus its cost of goods sold. It is profit before Propel Holdings 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.Operating Income
Operating Income is the amount of profit realized from Propel Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Propel Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Propel Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Propel Holdings 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 Propel Holdings. 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, Propel Holdings' EBITDA is very stable compared to the past year. As of the 1st of December 2024, Income Before Tax is likely to grow to about 39.9 M, though Net Interest Income is likely to grow to (7.7 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.9M | 3.4M | 4.2M | 2.9M | Interest Income | 19.1M | 16.5M | 14.7M | 11.1M |
Propel Holdings income statement Correlations
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Propel Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Propel Holdings income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 890.5K | 3.1M | 1.5M | 5.1M | 10.2M | 10.7M | |
Net Interest Income | 23.1M | 15.5M | 13.4M | 6.4M | (8.1M) | (7.7M) | |
Interest Income | 3.4M | 4.4M | 19.1M | 16.5M | 14.7M | 11.1M | |
Depreciation And Amortization | 1.8M | 2.5M | 2.9M | 3.4M | 4.2M | 2.9M | |
Interest Expense | 3.3M | 4.5M | 5.8M | 10.2M | 22.8M | 23.9M | |
Selling General Administrative | 17.7M | 15.2M | 26.0M | 35.6M | 40.2M | 27.5M | |
Total Revenue | 64.6M | 69.1M | 123.1M | 216.6M | 293.9M | 151.3M | |
Gross Profit | 35.8M | 69.1M | 123.1M | 216.6M | 293.9M | 308.6M | |
Other Operating Expenses | 61.7M | 58.7M | 115.1M | 186.2M | 255.9M | 134.4M | |
Operating Income | 2.9M | 10.4M | 8.1M | 30.4M | 38.0M | 39.9M | |
Net Income From Continuing Ops | 2.0M | 7.3M | 6.6M | 15.1M | 27.8M | 29.2M | |
Ebit | 2.9M | 10.4M | 8.1M | 30.4M | 38.0M | 39.9M | |
Ebitda | 4.7M | 12.9M | 11.0M | 33.8M | 42.2M | 44.3M | |
Total Operating Expenses | (61.7M) | (58.7M) | (115.1M) | (186.2M) | (255.9M) | (243.1M) | |
Reconciled Depreciation | 1.8M | 2.5M | 2.9M | 3.4M | 4.2M | 2.9M | |
Income Before Tax | 2.9M | 10.4M | 8.1M | 20.2M | 38.0M | 39.9M | |
Total Other Income Expense Net | (3.4M) | (488.2K) | (8.1M) | (10.2M) | (22.6M) | (21.5M) | |
Net Income Applicable To Common Shares | 2.0M | 7.3M | 6.6M | 15.1M | 17.4M | 18.3M | |
Net Income | 2.0M | 7.3M | 6.6M | 15.1M | 27.8M | 29.2M | |
Income Tax Expense | 890.5K | 3.1M | 1.5M | 5.1M | 10.2M | 10.7M |
Pair Trading with Propel Holdings
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 Propel Holdings 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 Propel Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Propel Stock
The ability to find closely correlated positions to Propel Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Propel Holdings 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 Propel Holdings - 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 Propel Holdings to buy it.
The correlation of Propel Holdings 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 Propel Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Propel Holdings 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 Propel Holdings 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 Propel Stock
Propel Holdings 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 Propel Holdings shareholders. The income statement also shows Propel 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).