Pason Historical Income Statement

PSI Stock  CAD 14.17  0.06  0.42%   
Historical analysis of Pason Systems income statement accounts such as Gross Profit of 113.8 M, Other Operating Expenses of 172.5 M, Operating Income of 81.4 M or Ebit of 141 M can show how well Pason Systems performed in making a profits. Evaluating Pason Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Pason Systems's future profits or losses.
 
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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Pason Systems 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 Pason Systems is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pason Systems. 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.

About Pason Income Statement Analysis

Pason Systems 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 Pason Systems shareholders. The income statement also shows Pason 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).

Pason Systems Income Statement Chart

At this time, Pason Systems' Net Income is very stable compared to the past year. As of the 11th of December 2024, Income Tax Expense is likely to grow to about 36.1 M, while Total Revenue is likely to drop about 226.9 M.

Total Revenue

Total revenue comprises all receipts Pason Systems 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 Pason Systems minus its cost of goods sold. It is profit before Pason Systems 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 Pason Systems. It is also known as Pason Systems 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 Pason Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Pason Systems 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 Pason Systems. 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, Pason Systems' Net Income is very stable compared to the past year. As of the 11th of December 2024, Income Tax Expense is likely to grow to about 36.1 M, while Total Revenue is likely to drop about 226.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit93.3M191.7M203.7M113.8M
Total Revenue206.7M335.0M369.3M226.9M

Pason Systems income statement Correlations

-0.420.750.590.270.650.480.080.180.40.870.08-0.09-0.8-0.13-0.01-0.29-0.5-0.22-0.380.58-0.240.18
-0.42-0.350.070.270.010.070.440.660.13-0.20.350.550.360.590.460.660.780.830.83-0.830.89-0.78
0.75-0.350.730.550.760.670.280.250.530.80.390.09-0.830.030.250.02-0.25-0.13-0.320.43-0.210.19
0.590.070.730.930.870.940.740.520.920.890.530.63-0.510.60.70.470.110.260.10.050.090.02
0.270.270.550.930.730.940.890.530.940.660.580.83-0.290.80.880.730.340.430.29-0.180.24-0.1
0.650.010.760.870.730.740.470.520.690.870.780.35-0.570.320.40.21-0.010.120.10.01-0.090.18
0.480.070.670.940.940.740.810.360.940.760.450.69-0.550.650.760.550.060.320.10.120.14-0.03
0.080.440.280.740.890.470.810.510.910.420.40.96-0.050.950.980.880.490.560.39-0.320.41-0.34
0.180.660.250.520.530.520.360.510.430.410.50.53-0.010.540.540.570.610.490.56-0.620.57-0.53
0.40.130.530.920.940.690.940.910.430.720.420.8-0.310.770.850.650.20.320.14-0.030.13-0.03
0.87-0.20.80.890.660.870.760.420.410.720.370.27-0.690.240.350.07-0.19-0.01-0.150.31-0.110.17
0.080.350.390.530.580.780.450.40.50.420.370.35-0.190.350.360.370.280.310.45-0.430.070.07
-0.090.550.090.630.830.350.690.960.530.80.270.350.151.00.980.930.630.630.48-0.450.5-0.42
-0.80.36-0.83-0.51-0.29-0.57-0.55-0.05-0.01-0.31-0.69-0.190.150.20.030.260.560.110.3-0.620.14-0.1
-0.130.590.030.60.80.320.650.950.540.770.240.351.00.20.960.930.650.650.52-0.490.53-0.43
-0.010.460.250.70.880.40.760.980.540.850.350.360.980.030.960.920.580.580.39-0.360.44-0.37
-0.290.660.020.470.730.210.550.880.570.650.070.370.930.260.930.920.740.680.57-0.570.58-0.48
-0.50.78-0.250.110.34-0.010.060.490.610.2-0.190.280.630.560.650.580.740.650.64-0.80.67-0.58
-0.220.83-0.130.260.430.120.320.560.490.32-0.010.310.630.110.650.580.680.650.64-0.560.86-0.73
-0.380.83-0.320.10.290.10.10.390.560.14-0.150.450.480.30.520.390.570.640.64-0.770.61-0.56
0.58-0.830.430.05-0.180.010.12-0.32-0.62-0.030.31-0.43-0.45-0.62-0.49-0.36-0.57-0.8-0.56-0.77-0.560.49
-0.240.89-0.210.090.24-0.090.140.410.570.13-0.110.070.50.140.530.440.580.670.860.61-0.56-0.92
0.18-0.780.190.02-0.10.18-0.03-0.34-0.53-0.030.170.07-0.42-0.1-0.43-0.37-0.48-0.58-0.73-0.560.49-0.92
Click cells to compare fundamentals

Pason Systems Account Relationship Matchups

Pason Systems income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization40.8M34.4M25.7M20.8M27.2M37.7M
Interest Expense578K352K1.5M4.9M5.7M6.0M
Selling General Administrative26.5M16.1M11.5M15.2M16.4M17.5M
Total Revenue295.6M156.6M206.7M335.0M369.3M226.9M
Gross Profit134.8M44.4M93.3M191.7M203.7M113.8M
Other Operating Expenses217.8M156.6M206.7M335.0M208.8M172.5M
Operating Income77.9M11.3M44.6M123.7M160.5M81.4M
Ebit74.6M21.3M54.5M139.4M134.3M141.0M
Research Development30.4M27.0M32.2M37.6M41.2M43.3M
Ebitda115.4M55.7M80.2M160.3M161.5M102.4M
Cost Of Revenue160.8M112.2M113.4M143.3M165.6M113.1M
Total Operating Expenses56.9M44.4M93.3M191.7M69.4M60.4M
Income Before Tax74.0M10.0M43.7M139.1M130.2M136.7M
Total Other Income Expense Net(3.9M)(1.3M)(956K)15.4M(30.4M)(31.9M)
Net Income54.1M6.6M33.8M107.6M97.5M102.4M
Income Tax Expense20.2M4.9M11.7M33.4M34.3M36.1M
Net Income From Continuing Ops53.8M5.1M31.9M105.7M95.8M100.6M
Net Income Applicable To Common Shares54.1M6.6M33.8M107.6M123.8M129.9M
Tax Provision20.2M4.9M11.7M33.4M34.3M36.1M
Interest Income1.2M1.2M999K12.5M14.4M15.1M
Reconciled Depreciation40.8M34.4M25.7M20.8M27.2M26.2M

Pair Trading with Pason Systems

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 Pason Systems 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 Pason Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pason Stock

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Moving against Pason Stock

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The ability to find closely correlated positions to Pason Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pason Systems 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 Pason Systems - 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 Pason Systems to buy it.
The correlation of Pason Systems 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 Pason Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pason Systems 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 Pason Systems 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Pason Stock

Pason Systems 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 Pason Systems shareholders. The income statement also shows Pason 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).