Volitionrx Historical Income Statement

VNRX Stock  USD 0.70  0.01  1.45%   
Historical analysis of Volitionrx income statement accounts such as Interest Expense of 232.7 K, Other Operating Expenses of 38.6 M, Total Operating Expenses of 38.6 M or Total Other Income Expense Net of 326.2 K can show how well Volitionrx performed in making a profits. Evaluating Volitionrx income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Volitionrx's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Volitionrx 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 Volitionrx 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 Volitionrx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Volitionrx Stock please use our How to Invest in Volitionrx guide.

About Volitionrx Income Statement Analysis

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

Volitionrx Income Statement Chart

At this time, Volitionrx's Interest Expense is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 38.6 M in 2024, despite the fact that Operating Income is likely to grow to (34.2 M).

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Volitionrx. It is also known as Volitionrx 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.
Most accounts from Volitionrx's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Volitionrx 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 Volitionrx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Volitionrx Stock please use our How to Invest in Volitionrx guide.At this time, Volitionrx's Interest Expense is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 38.6 M in 2024, despite the fact that Operating Income is likely to grow to (34.2 M).
 2021 2022 2023 2024 (projected)
Research Development15.5M14.6M19.6M10.0M
Depreciation And Amortization1.1M1.2M1.4M1.5M

Volitionrx income statement Correlations

0.36-0.35-0.37-0.34-0.370.36-0.350.34-0.260.12-0.330.340.290.320.24-0.33-0.46-0.030.00.110.250.270.22
0.36-0.99-1.0-1.0-1.01.0-0.990.55-0.370.32-0.230.960.960.880.78-0.99-0.68-0.69-0.10.440.90.880.8
-0.35-0.991.01.01.0-0.991.0-0.580.38-0.250.24-0.95-0.96-0.92-0.731.00.70.720.12-0.47-0.91-0.86-0.83
-0.37-1.01.00.991.0-1.00.99-0.60.42-0.270.27-0.95-0.97-0.91-0.740.990.690.720.11-0.46-0.91-0.86-0.82
-0.34-1.01.00.990.99-1.01.0-0.530.33-0.270.21-0.95-0.96-0.91-0.740.990.720.710.11-0.46-0.91-0.86-0.82
-0.37-1.01.01.00.99-1.00.99-0.60.42-0.270.27-0.95-0.96-0.91-0.740.990.690.720.11-0.46-0.9-0.86-0.82
0.361.0-0.99-1.0-1.0-1.0-0.990.55-0.370.32-0.230.960.960.880.78-0.99-0.68-0.69-0.10.440.90.880.8
-0.35-0.991.00.991.00.99-0.99-0.530.32-0.270.22-0.95-0.96-0.91-0.740.990.730.710.11-0.46-0.9-0.86-0.82
0.340.55-0.58-0.6-0.53-0.60.55-0.53-0.85-0.12-0.650.510.570.590.21-0.6-0.25-0.63-0.220.470.560.430.6
-0.26-0.370.380.420.330.42-0.370.32-0.85-0.070.71-0.37-0.4-0.35-0.250.40.030.45-0.01-0.14-0.33-0.28-0.27
0.120.32-0.25-0.27-0.27-0.270.32-0.27-0.12-0.070.020.230.290.140.6-0.23-0.08-0.07-0.140.130.210.280.11
-0.33-0.230.240.270.210.27-0.230.22-0.650.710.02-0.21-0.23-0.26-0.020.260.210.430.07-0.08-0.11-0.07-0.07
0.340.96-0.95-0.95-0.95-0.950.96-0.950.51-0.370.23-0.210.890.780.84-0.96-0.59-0.570.010.310.840.940.76
0.290.96-0.96-0.97-0.96-0.960.96-0.960.57-0.40.29-0.230.890.890.72-0.97-0.63-0.71-0.030.470.940.810.82
0.320.88-0.92-0.91-0.91-0.910.88-0.910.59-0.350.14-0.260.780.890.5-0.91-0.73-0.75-0.160.470.890.650.85
0.240.78-0.73-0.74-0.74-0.740.78-0.740.21-0.250.6-0.020.840.720.5-0.74-0.26-0.220.10.130.690.90.59
-0.33-0.991.00.990.990.99-0.990.99-0.60.4-0.230.26-0.96-0.97-0.91-0.740.660.70.11-0.47-0.92-0.88-0.84
-0.46-0.680.70.690.720.69-0.680.73-0.250.03-0.080.21-0.59-0.63-0.73-0.260.660.710.05-0.27-0.5-0.37-0.42
-0.03-0.690.720.720.710.72-0.690.71-0.630.45-0.070.43-0.57-0.71-0.75-0.220.70.710.22-0.49-0.57-0.37-0.52
0.0-0.10.120.110.110.11-0.10.11-0.22-0.01-0.140.070.01-0.03-0.160.10.110.050.22-0.72-0.04-0.04-0.23
0.110.44-0.47-0.46-0.46-0.460.44-0.460.47-0.140.13-0.080.310.470.470.13-0.47-0.27-0.49-0.720.490.380.51
0.250.9-0.91-0.91-0.91-0.90.9-0.90.56-0.330.21-0.110.840.940.890.69-0.92-0.5-0.57-0.040.490.830.93
0.270.88-0.86-0.86-0.86-0.860.88-0.860.43-0.280.28-0.070.940.810.650.9-0.88-0.37-0.37-0.040.380.830.76
0.220.8-0.83-0.82-0.82-0.820.8-0.820.6-0.270.11-0.070.760.820.850.59-0.84-0.42-0.52-0.230.510.930.76
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Volitionrx Account Relationship Matchups

Volitionrx income statement Accounts

201920202021202220232024 (projected)
Interest Expense126.6K129.8K155.8K173.1K221.6K232.7K
Other Operating Expenses15.9M20.6M26.9M30.9M36.8M38.6M
Operating Income(16.0M)(21.2M)(28.3M)(31.8M)(36.0M)(34.2M)
Ebit(16.0M)(20.3M)(26.8M)(30.4M)(35.5M)(33.7M)
Net Income(16.0M)(20.5M)(27.0M)(30.3M)(35.3M)(33.6M)
Ebitda(15.1M)(19.2M)(25.7M)(29.2M)(34.0M)(32.3M)
Total Operating Expenses15.9M20.6M26.9M30.9M36.8M38.6M
Income Before Tax(16.1M)(20.4M)(27.0M)(30.6M)(35.7M)(33.9M)
Total Other Income Expense Net(56.1K)848.5K1.3M1.2M310.6K326.2K
Income Tax Expense(70.4K)82.6K(19.3K)(329.7K)(358.0K)(340.1K)
Gross Profit17.1K13.4K90.0K(882.0K)775.3K814.1K
Selling General Administrative4.5M5.5M8.6M16.1M15.9M16.7M
Depreciation And Amortization972.9K1.0M1.1M1.2M1.4M1.5M
Research Development10.4M14.5M15.5M14.6M19.6M10.0M
Total Revenue17.1K13.4K90.0K306.4K775.3K814.1K
Net Income From Continuing Ops(16.1M)(20.4M)(27.0M)(31.8M)(34.2M)(32.5M)
Net Income Applicable To Common Shares(16.1M)(20.4M)(26.8M)(30.6M)(27.5M)(26.2M)
Interest Income112.4K49.5K2.7K125.3K152.1K87.7K
Net Interest Income(14.2K)(80.3K)(153.1K)(47.8K)(68.7K)(72.1K)
Selling And Marketing Expenses965.7K1.1M4.1M1.1M1.0M1.6M
Reconciled Depreciation902.4K1.0M1.1M1.2M1.4M1.1M

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