Tigo Historical Income Statement
| TYGO Stock | 0.85 0.14 14.14% |
Historical analysis of Tigo Energy income statement accounts such as Depreciation And Amortization of 745.8 K, Selling General Administrative of 30.2 M, Selling And Marketing Expenses of 12.2 M or Total Revenue of 83.5 M can show how well Tigo Energy performed in making a profits. Evaluating Tigo Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tigo Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Tigo Energy 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 Tigo Energy is a good buy for the upcoming year.
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About Tigo Income Statement Analysis
Tigo Energy 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 Tigo Energy shareholders. The income statement also shows Tigo 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).
Tigo Energy Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tigo Energy. It is also known as Tigo Energy 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.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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Tigo Energy financial statement analysis. It represents the amount of money remaining after all of Tigo Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Tigo Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tigo Energy 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 Tigo Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Tigo Stock, please use our How to Invest in Tigo Energy guide.At this time, Tigo Energy's Other Operating Expenses is very stable compared to the past year. As of the 29th of November 2024, EBITDA is likely to grow to about 8.8 M, though Operating Income is likely to grow to (7.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.6M | 24.8M | 51.3M | 27.3M | Total Revenue | 43.6M | 81.3M | 145.2M | 83.5M |
Tigo Energy income statement Correlations
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Tigo Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Tigo Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tigo Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tigo Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Tigo Stock
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The ability to find closely correlated positions to Tigo Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tigo Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tigo Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tigo Energy to buy it.
The correlation of Tigo Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tigo Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tigo Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tigo Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tigo Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Tigo Stock, please use our How to Invest in Tigo Energy guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Semiconductors & Semiconductor Equipment 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 Tigo Energy. If investors know Tigo 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 Tigo Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.87) | Revenue Per Share 0.768 | Quarterly Revenue Growth (0.17) | Return On Assets (0.21) | Return On Equity (0.93) |
The market value of Tigo Energy is measured differently than its book value, which is the value of Tigo that is recorded on the company's balance sheet. Investors also form their own opinion of Tigo Energy's value that differs from its market value or its book value, called intrinsic value, which is Tigo Energy'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 Tigo Energy's market value can be influenced by many factors that don't directly affect Tigo Energy'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 Tigo Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tigo Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tigo Energy'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.