Servotronics Historical Income Statement

SVT Stock  USD 11.06  0.01  0.09%   
Historical analysis of Servotronics income statement accounts such as Cost Of Revenue of 21.3 M, Total Operating Expenses of 5.3 M, Income Tax Expense of 1.2 M or Interest Expense of 352.8 K can show how well Servotronics performed in making a profits. Evaluating Servotronics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Servotronics's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Servotronics 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 Servotronics 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 Servotronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.

About Servotronics Income Statement Analysis

Servotronics 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 Servotronics shareholders. The income statement also shows Servotronics 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).

Servotronics Income Statement Chart

At this time, Servotronics' Income Tax Expense is comparatively stable compared to the past year. Interest Expense is likely to gain to about 352.8 K in 2024, whereas Gross Profit is likely to drop slightly above 7.1 M in 2024.

Total Revenue

Total revenue comprises all receipts Servotronics 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 Servotronics minus its cost of goods sold. It is profit before Servotronics 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 Servotronics. It is also known as Servotronics 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 Servotronics income statement and represents the costs associated with goods and services Servotronics 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Servotronics financial statement analysis. It represents the amount of money remaining after all of Servotronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Servotronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Servotronics 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 Servotronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.At this time, Servotronics' Income Tax Expense is comparatively stable compared to the past year. Interest Expense is likely to gain to about 352.8 K in 2024, whereas Gross Profit is likely to drop slightly above 7.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue40.6M43.8M43.6M28.4M
Depreciation And Amortization1.4M951K1.1M721.1K

Servotronics income statement Correlations

0.890.380.890.020.00.120.920.530.070.06-0.120.220.29-0.080.01-0.780.680.74-0.410.76
0.890.680.980.120.070.180.980.710.120.12-0.030.010.160.180.01-0.670.590.67-0.240.51
0.380.680.560.490.430.470.540.520.420.310.31-0.40.070.340.29-0.12-0.010.310.25-0.08
0.890.980.56-0.05-0.11-0.010.990.79-0.05-0.01-0.140.120.120.23-0.14-0.740.690.71-0.350.56
0.020.120.49-0.050.860.860.02-0.320.990.770.67-0.490.59-0.340.920.16-0.34-0.160.54-0.26
0.00.070.43-0.110.860.99-0.02-0.450.890.840.35-0.680.23-0.50.90.28-0.48-0.320.7-0.33
0.120.180.47-0.010.860.990.09-0.390.890.840.34-0.640.27-0.50.890.18-0.4-0.220.63-0.23
0.920.980.540.990.02-0.020.090.690.030.07-0.120.110.170.12-0.05-0.750.680.69-0.340.6
0.530.710.520.79-0.32-0.45-0.390.69-0.38-0.32-0.210.15-0.10.61-0.46-0.510.540.62-0.320.24
0.070.120.42-0.050.990.890.890.03-0.380.80.61-0.480.62-0.420.960.12-0.32-0.140.52-0.2
0.060.120.31-0.010.770.840.840.07-0.320.80.05-0.740.3-0.570.910.02-0.44-0.250.78-0.23
-0.12-0.030.31-0.140.670.350.34-0.12-0.210.610.050.120.590.090.390.23-0.080.01-0.05-0.17
0.220.01-0.40.12-0.49-0.68-0.640.110.15-0.48-0.740.120.20.32-0.55-0.420.730.55-0.930.62
0.290.160.070.120.590.230.270.17-0.10.620.30.590.2-0.170.53-0.350.230.34-0.160.29
-0.080.180.340.23-0.34-0.5-0.50.120.61-0.42-0.570.090.32-0.17-0.55-0.080.30.36-0.38-0.07
0.010.010.29-0.140.920.90.89-0.05-0.460.960.910.39-0.550.53-0.550.12-0.38-0.220.64-0.21
-0.78-0.67-0.12-0.740.160.280.18-0.75-0.510.120.020.23-0.42-0.35-0.080.12-0.72-0.890.49-0.75
0.680.59-0.010.69-0.34-0.48-0.40.680.54-0.32-0.44-0.080.730.230.3-0.38-0.720.73-0.820.73
0.740.670.310.71-0.16-0.32-0.220.690.62-0.14-0.250.010.550.340.36-0.22-0.890.73-0.620.69
-0.41-0.240.25-0.350.540.70.63-0.34-0.320.520.78-0.05-0.93-0.16-0.380.640.49-0.82-0.62-0.68
0.760.51-0.080.56-0.26-0.33-0.230.60.24-0.2-0.23-0.170.620.29-0.07-0.21-0.750.730.69-0.68
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Servotronics Account Relationship Matchups

Servotronics income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.3M1.4M1.4M951K1.1M721.1K
Total Revenue55.3M49.8M40.6M43.8M43.6M28.4M
Gross Profit12.1M8.2M6.0M5.9M7.8M7.1M
Other Operating Expenses52.5M49.6M38.4M46.3M45.7M26.6M
Operating Income2.8M242K2.2M(2.5M)(2.1M)(2.0M)
Ebit2.8M242K4.2M(2.5M)(2.1M)(2.0M)
Ebitda4.1M1.7M5.6M(1.5M)(1.0M)(978.5K)
Cost Of Revenue43.1M41.6M34.6M37.9M35.8M21.3M
Total Operating Expenses9.3M8.0M3.8M8.4M9.9M5.3M
Income Before Tax2.7M62K4.0M(2.7M)(2.4M)(2.3M)
Net Income2.1M100K4.1M(2.1M)(10.8M)(10.2M)
Income Tax Expense579K(38K)(43K)(570K)1.1M1.2M
Interest Expense125K180K187K240K336K352.8K
Total Other Income Expense Net(125K)(180K)1.8M(167K)(336K)(319.2K)
Selling General Administrative7.7M9.3M8.0K8.4M9.9M10.4M
Net Income Applicable To Common Shares2.1M100K4.1M(2.1M)(2.4M)(2.3M)
Net Income From Continuing Ops2.1M100K4.1M(2.1M)(3.5M)(3.4M)
Tax Provision579K(38K)(43K)(570K)1.1M1.2M
Net Interest Income(125K)(180K)(187K)(240K)(336K)(319.2K)
Reconciled Depreciation1.3M1.4M1.4M1.2M1.1M1.3M

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Additional Tools for Servotronics Stock Analysis

When running Servotronics' price analysis, check to measure Servotronics' 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 Servotronics is operating at the current time. Most of Servotronics' value examination focuses on studying past and present price action to predict the probability of Servotronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Servotronics' price. Additionally, you may evaluate how the addition of Servotronics to your portfolios can decrease your overall portfolio volatility.