ScanSource Historical Income Statement
SCSC Stock | USD 50.49 1.38 2.66% |
Historical analysis of ScanSource income statement accounts such as Other Operating Expenses of 2.1 B, Operating Income of 67.7 M, EBIT of 70.2 M or Ebitda of 83.5 M can show how well ScanSource performed in making a profits. Evaluating ScanSource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ScanSource's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ScanSource 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 ScanSource is a good buy for the upcoming year.
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About ScanSource Income Statement Analysis
ScanSource 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 ScanSource shareholders. The income statement also shows ScanSource 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).
ScanSource 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 ScanSource 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 ScanSource minus its cost of goods sold. It is profit before ScanSource 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 ScanSource. It is also known as ScanSource 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 ScanSource income statement and represents the costs associated with goods and services ScanSource 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 ScanSource's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ScanSource 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 World Market Map to better understand how to build diversified portfolios, which includes a position in ScanSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.At present, ScanSource's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 5.4 M, whereas Total Revenue is forecasted to decline to about 2.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 426.5M | 449.2M | 372.1M | 234.3M | Total Revenue | 3.5B | 3.8B | 3.3B | 2.1B |
ScanSource income statement Correlations
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ScanSource Account Relationship Matchups
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ScanSource income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 35.3M | 33.5M | 29.9M | 28.7M | 28.0M | 29.4M | |
Interest Expense | 12.2M | 6.9M | 6.5M | 19.8M | 13.0M | 13.7M | |
Total Revenue | 3.0B | 3.2B | 3.5B | 3.8B | 3.3B | 2.1B | |
Gross Profit | 355.6M | 350.7M | 426.5M | 449.2M | 372.1M | 234.3M | |
Other Operating Expenses | 3.0B | 3.1B | 3.4B | 3.7B | 3.2B | 2.1B | |
Operating Income | 67.9M | 61.5M | 122.2M | 135.9M | 94.7M | 67.7M | |
Ebit | 67.9M | 64.5M | 125.1M | 141.6M | 112.9M | 70.2M | |
Ebitda | 103.2M | 98.0M | 155.1M | 170.3M | 140.9M | 83.5M | |
Cost Of Revenue | 2.7B | 2.8B | 3.1B | 3.3B | 2.9B | 1.9B | |
Total Operating Expenses | 293.1M | 279.5M | 304.4M | 313.4M | 277.4M | 163.1M | |
Net Income | (79.2M) | 45.4M | 88.8M | 89.8M | 77.1M | 40.1M | |
Income Before Tax | (71.8M) | 57.5M | 118.6M | 121.9M | 99.8M | 63.4M | |
Total Other Income Expense Net | (139.6M) | (3.9M) | (3.5M) | (14.0M) | 5.2M | 5.4M | |
Income Tax Expense | 7.5M | 12.1M | 29.9M | 33.8M | 22.8M | 22.1M | |
Selling General Administrative | 260.1M | 247.4M | 275.4M | 285.7M | 277.4M | 177.3M | |
Net Income Applicable To Common Shares | (192.7M) | 10.8M | 88.8M | 89.8M | 103.3M | 108.4M | |
Net Income From Continuing Ops | (79.2M) | 45.4M | 88.7M | 88.1M | 77.1M | 44.2M | |
Tax Provision | 7.5M | 12.1M | 29.9M | 33.8M | 22.8M | 20.3M | |
Interest Income | 5.8M | 3.1M | 4.3M | 7.4M | 9.4M | 4.9M | |
Net Interest Income | (6.4M) | (3.8M) | (2.2M) | (12.4M) | (3.7M) | (3.8M) | |
Reconciled Depreciation | 35.3M | 33.5M | 29.9M | 28.6M | 28.0M | 25.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ScanSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ScanSource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Scansource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scansource Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ScanSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Electronic Equipment, Instruments & Components 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 ScanSource. If investors know ScanSource 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 ScanSource 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 0.131 | Earnings Share 3.14 | Revenue Per Share 127.985 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0327 |
The market value of ScanSource is measured differently than its book value, which is the value of ScanSource that is recorded on the company's balance sheet. Investors also form their own opinion of ScanSource's value that differs from its market value or its book value, called intrinsic value, which is ScanSource'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 ScanSource's market value can be influenced by many factors that don't directly affect ScanSource'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 ScanSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScanSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ScanSource'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.