Solid Historical Income Statement

SOLI Stock   130.00  10.00  8.33%   
Historical analysis of Solid State income statement accounts such as Other Operating Expenses of 157.1 M, Operating Income of 14.4 M, EBIT of 14.4 M or Ebitda of 19.5 M can show how well Solid State Plc performed in making a profits. Evaluating Solid State income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Solid State's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Solid State Plc 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 Solid State Plc is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid State Plc. 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 Solid Income Statement Analysis

Solid State Plc 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 Solid State shareholders. The income statement also shows Solid 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).

Solid State Income Statement Chart

At this time, Solid State's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 12.8 M in 2024, despite the fact that Net Interest Income is likely to grow to (1.4 M).

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 Solid State Plc 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 Solid State Plc minus its cost of goods sold. It is profit before Solid State 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 Solid State Plc 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 Solid State Plc 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Solid State's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Solid State Plc 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 Solid State Plc. 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, Solid State's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 12.8 M in 2024, despite the fact that Net Interest Income is likely to grow to (1.4 M).
 2021 2022 2023 2024 (projected)
Interest Expense226K972K1.5M1.6M
Depreciation And Amortization2.8M4.2M4.9M5.1M

Solid State income statement Correlations

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Solid State Account Relationship Matchups

Solid State income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.1M2.1M2.8M4.2M4.9M5.1M
Interest Expense120K85K226K972K1.5M1.6M
Total Revenue67.4M66.3M85.0M126.5M163.3M171.5M
Gross Profit20.8M19.9M27.5M39.7M46.4M48.8M
Other Operating Expenses63.3M62.0M81.3M117.1M149.6M157.1M
Operating Income4.1M4.3M3.7M9.4M13.7M14.4M
Ebit4.1M4.3M3.7M9.4M13.7M14.4M
Ebitda6.2M6.4M6.5M13.6M18.6M19.5M
Total Operating Expenses16.7M15.6M23.8M30.3M32.5M34.1M
Income Before Tax4.0M4.2M3.5M8.4M12.2M12.8M
Total Other Income Expense Net(120K)(85K)(226K)(972K)(1.5M)(1.4M)
Net Income3.4M4.0M2.5M6.7M8.9M9.3M
Income Tax Expense588K247K977K1.7M3.3M3.4M
Cost Of Revenue46.6M46.4M57.5M86.8M116.9M122.7M
Selling General Administrative16.7M15.6M23.8M30.3M38.1M40.1M
Net Income Applicable To Common Shares3.4M4.0M2.5M6.7M7.7M8.1M
Research Development1.4M1.7M2.0M2.2M2.5M2.7M
Net Income From Continuing Ops3.4M4.0M2.5M6.7M8.9M9.4M
Tax Provision588K247K977K1.7M3.3M3.4M
Net Interest Income(120K)(85K)(226K)(972K)(1.5M)(1.4M)
Interest Income31K109K120K85K97.8K84.5K
Reconciled Depreciation2.1M2.1M2.8M4.2M4.9M2.9M

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When running Solid State's price analysis, check to measure Solid State's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solid State is operating at the current time. Most of Solid State's value examination focuses on studying past and present price action to predict the probability of Solid State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid State's price. Additionally, you may evaluate how the addition of Solid State to your portfolios can decrease your overall portfolio volatility.