QMC Historical Income Statement

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Reconciled Depreciation is likely to climb to about 10.8 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 10.6 K in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of QMC Quantum Minerals. It is also known as QMC Quantum 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.

Operating Income

Operating Income is the amount of profit realized from QMC Quantum Minerals 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 QMC Quantum Minerals 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in QMC Quantum Minerals financial statement analysis. It represents the amount of money remaining after all of QMC Quantum Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of QMC Quantum Minerals minus its cost of goods sold. It is profit before QMC Quantum 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.

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QMC Quantum income statement Accounts

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