Vitalhub Historical Income Statement
| VHI Stock | 11.29 0.22 1.99% |
Historical analysis of Vitalhub Corp income statement accounts such as Depreciation And Amortization of 5.2 M, Total Revenue of 55.1 M, Gross Profit of 39.7 M or Other Operating Expenses of 47.9 M can show how well Vitalhub Corp performed in making a profits. Evaluating Vitalhub Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Vitalhub Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Vitalhub Corp 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 Vitalhub Corp is a good buy for the upcoming year.
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About Vitalhub Income Statement Analysis
Vitalhub Corp 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 Vitalhub Corp shareholders. The income statement also shows Vitalhub 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).
Vitalhub Corp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Vitalhub Corp 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 Vitalhub Corp minus its cost of goods sold. It is profit before Vitalhub Corp 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 Vitalhub Corp. It is also known as Vitalhub Corp 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Vitalhub Corp income statement and is an important metric when analyzing Vitalhub Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Vitalhub Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Vitalhub Corp 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 Vitalhub Corp. 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, Vitalhub Corp's Research Development is very stable compared to the past year. As of the 1st of December 2024, EBITDA is likely to grow to about 12.4 M, while Total Other Income Expense Net is likely to drop (1.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.4M | 32.9M | 37.8M | 39.7M | Total Revenue | 24.7M | 40.0M | 52.5M | 55.1M |
Vitalhub Corp income statement Correlations
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Vitalhub Corp Account Relationship Matchups
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Vitalhub Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.8M | 2.2M | 2.7M | 3.9M | 5.0M | 5.2M | |
| Total Revenue | 10.2M | 13.8M | 24.7M | 40.0M | 52.5M | 55.1M | |
| Gross Profit | 7.5M | 10.3M | 19.4M | 32.9M | 37.8M | 39.7M | |
| Other Operating Expenses | 10.5M | 14.2M | 24.4M | 35.3M | 45.6M | 47.9M | |
| Operating Income | (567.7K) | (369.3K) | 324.3K | 4.7M | 6.9M | 7.2M | |
| Ebit | (567.7K) | (369.3K) | 324.3K | 4.7M | 6.9M | 7.2M | |
| Research Development | 2.6M | 3.2M | 6.0M | 10.4M | 12.2M | 12.8M | |
| Ebitda | 1.2M | 1.8M | 3.0M | 8.5M | 11.8M | 12.4M | |
| Cost Of Revenue | 2.8M | 3.5M | 5.2M | 7.0M | 14.7M | 15.4M | |
| Total Operating Expenses | 7.8M | 10.7M | 19.1M | 28.3M | 31.0M | 32.5M | |
| Income Before Tax | (1.7M) | (2.1M) | (1.6M) | 1.3M | 5.3M | 5.6M | |
| Total Other Income Expense Net | (806.2K) | (1.7M) | (1.9M) | (3.3M) | (1.5M) | (1.6M) | |
| Net Income | (625.5K) | (2.2M) | (1.9M) | 1.2M | 4.5M | 4.8M | |
| Selling General Administrative | 2.6M | 3.6M | 6.8M | 9.7M | 12.9M | 13.6M | |
| Income Tax Expense | (1.0M) | 32.9K | 333.1K | 92.1K | 778.2K | 817.2K | |
| Interest Income | 547.8K | 91.0K | 29.5K | 70.3K | 489.6K | 263.8K | |
| Interest Expense | 551.7K | 92.9K | 82.4K | 70.3K | 72.0K | 68.4K | |
| Selling And Marketing Expenses | 822.4K | 1.7M | 3.6M | 4.3M | 5.9M | 6.2M | |
| Net Income Applicable To Common Shares | (625.5K) | (2.2M) | (1.9M) | 1.2M | 1.4M | 1.5M | |
| Tax Provision | (1.0M) | 32.9K | 333.1K | 92.1K | 778.2K | 817.2K | |
| Net Interest Income | (547.8K) | (91.0K) | (52.9K) | (70.3K) | 417.6K | 438.5K | |
| Net Income From Continuing Ops | (625.5K) | (2.2M) | (1.9M) | 1.2M | 4.5M | 4.8M | |
| Reconciled Depreciation | 1.8M | 2.2M | 2.7M | 3.9M | 5.0M | 2.7M |
Pair Trading with Vitalhub Corp
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 Vitalhub Corp 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 Vitalhub Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Vitalhub Stock
The ability to find closely correlated positions to Vitalhub Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vitalhub Corp 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 Vitalhub Corp - 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 Vitalhub Corp to buy it.
The correlation of Vitalhub Corp 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 Vitalhub Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vitalhub Corp 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 Vitalhub Corp 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.Other Information on Investing in Vitalhub Stock
Vitalhub Corp 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 Vitalhub Corp shareholders. The income statement also shows Vitalhub 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).