RENN Historical Income Statement
| RCG Stock | USD 2.52 0.03 1.18% |
Historical analysis of RENN Fund income statement accounts such as Other Operating Expenses of 262.1 K, Cost Of Revenue of 191.3 K, Total Operating Expenses of 262.1 K or Income Tax Expense of 10.5 K can show how well RENN Fund performed in making a profits. Evaluating RENN Fund income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of RENN Fund's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining RENN Fund 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 RENN Fund is a good buy for the upcoming year.
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About RENN Income Statement Analysis
RENN Fund 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 RENN Fund shareholders. The income statement also shows RENN 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).
RENN Fund Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts RENN Fund 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 RENN Fund minus its cost of goods sold. It is profit before RENN Fund 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 RENN Fund. It is also known as RENN Fund 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 RENN Fund income statement and represents the costs associated with goods and services RENN Fund 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 RENN Fund's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into RENN Fund 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 RENN Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.At this time, RENN Fund's Net Interest Income is most likely to increase significantly in the upcoming years.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 230.5K | 241.8K | 275.8K | 262.1K | Cost Of Revenue | 81.8K | 178.6K | 201.3K | 191.3K |
RENN Fund income statement Correlations
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RENN Fund Account Relationship Matchups
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RENN Fund income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.5K | 592.0 | 37.0 | 42.0 | 37.8 | 35.91 | |
| Selling General Administrative | 199.2K | 214.1K | 204.2K | 210.5K | 244.5K | 232.3K | |
| Total Revenue | 1.9M | (258.4K) | 5.5M | (4.0M) | 245.3K | 233.0K | |
| Gross Profit | 1.9M | (258.4K) | 5.5M | (4.0M) | 43.9K | 52.6K | |
| Other Operating Expenses | 220.4K | 239.6K | 230.5K | 241.8K | 275.8K | 262.1K | |
| Operating Income | 1.7M | (498.0K) | 5.3M | (4.2M) | (201.3K) | (211.4K) | |
| Ebit | 1.7M | (498.0K) | 5.3M | (4.2M) | (874.6K) | (830.9K) | |
| Ebitda | 1.7M | (498.0K) | 5.3M | (4.2M) | (884.6K) | (840.4K) | |
| Cost Of Revenue | 49.5K | 56.7K | 81.8K | 178.6K | 201.3K | 191.3K | |
| Total Operating Expenses | 220.4K | 239.6K | 230.5K | 241.8K | 275.8K | 262.1K | |
| Income Before Tax | 1.7M | (498.0K) | 5.3M | (4.2M) | (884.6K) | (840.4K) | |
| Total Other Income Expense Net | (1.5K) | (592.0) | (37.0) | (42.0) | (683.3K) | (649.1K) | |
| Net Income | 1.7M | (498.0K) | 5.3M | (4.2M) | (884.6K) | (840.4K) | |
| Income Tax Expense | (106.9K) | (167.7K) | (161.0K) | (18.4K) | 10.0K | 10.5K | |
| Net Income From Continuing Ops | 1.7M | (498.0K) | 5.3M | (4.2M) | (884.6K) | (928.8K) | |
| Net Income Applicable To Common Shares | 1.7M | (498.0K) | 5.3M | (4.2M) | (4.9M) | (5.1M) | |
| Interest Income | 1.8M | 18.1K | 5.4M | 72.7K | 239.4K | 227.4K | |
| Net Interest Income | 104.4K | 17.5K | 374.0 | 72.7K | 239.4K | 251.3K |
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When determining whether RENN Fund is a strong investment it is important to analyze RENN Fund'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 RENN Fund's future performance. For an informed investment choice regarding RENN Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RENN Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Asset Management & Custody Banks 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 RENN Fund. If investors know RENN 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 RENN Fund 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 (1.00) | Dividend Share 0.015 | Earnings Share 0.16 | Revenue Per Share 0.044 | Quarterly Revenue Growth 0.175 |
The market value of RENN Fund is measured differently than its book value, which is the value of RENN that is recorded on the company's balance sheet. Investors also form their own opinion of RENN Fund's value that differs from its market value or its book value, called intrinsic value, which is RENN Fund'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 RENN Fund's market value can be influenced by many factors that don't directly affect RENN Fund'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 RENN Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RENN Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENN Fund'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.