XORTX Historical Income Statement

XRTX Stock

USD 1.19 0.01 0.85%

Historical analysis of XORTX Therapeutics income statement accounts such as Selling General Administrative of 996.5 K, Other Operating Expenses of 2.6 M, Total Operating Expenses of 2.6 M or Depreciation And Amortization of 149.1 K can show how well XORTX Therapeutics performed in making a profits. Evaluating XORTX Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of XORTX Therapeutics's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining XORTX Therapeutics 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 XORTX Therapeutics is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XORTX Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy XORTX Stock please use our How to Invest in XORTX Therapeutics guide.

About XORTX Income Statement Analysis

XORTX Therapeutics 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 XORTX Therapeutics shareholders. The income statement also shows XORTX 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).

XORTX Therapeutics Income Statement Chart

At this time, XORTX Therapeutics' Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 2.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 996.5 K in 2024.

Selling General Administrative Other Operating Expenses Total Operating Expenses Net Income Research Development Cost Of Revenue

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of XORTX Therapeutics. It is also known as XORTX Therapeutics 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 XORTX Therapeutics financial statement analysis. It represents the amount of money remaining after all of XORTX Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on XORTX Therapeutics income statement and represents the costs associated with goods and services XORTX Therapeutics 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.

Most accounts from XORTX Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into XORTX Therapeutics 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XORTX Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy XORTX Stock please use our How to Invest in XORTX Therapeutics guide.At this time, XORTX Therapeutics' Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 2.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 996.5 K in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	17.9K	55.5K	139.7K	146.7K
Research Development	669.1K	6.5M	2.4M	1.6M

Reconciled Depreciation Research Development

XORTX Therapeutics income statement Correlations

	Selling General Administrative	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Net Income	Depreciation And Amortization	Interest Expense	Total Other Income Expense Net	Income Tax Expense	Net Interest Income	Net Income From Continuing Ops	Research Development	Reconciled Depreciation	Gross Profit	Cost Of Revenue	Interest Income	Selling And Marketing Expenses
Selling General Administrative		0.89	-0.91	-0.84	-0.85	0.89	-0.85	-0.85	0.47	-0.3	0.57	-0.28	-0.59	-0.83	0.8	0.4	-0.45	0.44	0.23	-0.21
Other Operating Expenses	0.89		-0.98	-0.97	-0.97	1.0	-0.89	-0.89	0.59	-0.45	0.72	-0.43	-0.42	-0.89	0.98	0.5	-0.6	0.57	0.35	-0.25
Operating Income	-0.91	-0.98		0.97	0.98	-0.98	0.88	0.88	-0.64	0.49	-0.77	0.47	0.46	0.88	-0.96	-0.56	0.64	-0.62	-0.37	0.35
Ebit	-0.84	-0.97	0.97		1.0	-0.97	0.88	0.88	-0.74	0.48	-0.77	0.46	0.25	0.88	-0.97	-0.66	0.74	-0.72	-0.47	0.45
Ebitda	-0.85	-0.97	0.98	1.0		-0.97	0.88	0.88	-0.73	0.48	-0.77	0.46	0.25	0.88	-0.97	-0.65	0.73	-0.72	-0.46	0.44
Total Operating Expenses	0.89	1.0	-0.98	-0.97	-0.97		-0.89	-0.89	0.59	-0.45	0.72	-0.43	-0.42	-0.89	0.98	0.5	-0.6	0.57	0.35	-0.25
Income Before Tax	-0.85	-0.89	0.88	0.88	0.88	-0.89		1.0	-0.46	0.22	-0.4	0.21	0.32	1.0	-0.89	-0.38	0.46	-0.44	-0.18	0.18
Net Income	-0.85	-0.89	0.88	0.88	0.88	-0.89	1.0		-0.46	0.22	-0.4	0.21	0.32	1.0	-0.89	-0.38	0.46	-0.44	-0.18	0.18
Depreciation And Amortization	0.47	0.59	-0.64	-0.74	-0.73	0.59	-0.46	-0.46		-0.5	0.78	-0.49	0.2	-0.44	0.57	0.99	-1.0	1.0	0.91	-0.9
Interest Expense	-0.3	-0.45	0.49	0.48	0.48	-0.45	0.22	0.22	-0.5		-0.66	0.99	0.18	0.26	-0.46	-0.48	0.52	-0.52	-0.42	0.41
Total Other Income Expense Net	0.57	0.72	-0.77	-0.77	-0.77	0.72	-0.4	-0.4	0.78	-0.66		-0.65	-0.21	-0.4	0.71	0.74	-0.78	0.78	0.62	-0.61
Income Tax Expense	-0.28	-0.43	0.47	0.46	0.46	-0.43	0.21	0.21	-0.49	0.99	-0.65		0.17	0.24	-0.45	-0.47	0.51	-0.5	-0.41	0.4
Net Interest Income	-0.59	-0.42	0.46	0.25	0.25	-0.42	0.32	0.32	0.2	0.18	-0.21	0.17		0.36	-0.32	0.25	-0.22	0.22	0.33	-0.32
Net Income From Continuing Ops	-0.83	-0.89	0.88	0.88	0.88	-0.89	1.0	1.0	-0.44	0.26	-0.4	0.24	0.36		-0.89	-0.35	0.43	-0.42	-0.15	0.15
Research Development	0.8	0.98	-0.96	-0.97	-0.97	0.98	-0.89	-0.89	0.57	-0.46	0.71	-0.45	-0.32	-0.89		0.48	-0.58	0.56	0.3	-0.24
Reconciled Depreciation	0.4	0.5	-0.56	-0.66	-0.65	0.5	-0.38	-0.38	0.99	-0.48	0.74	-0.47	0.25	-0.35	0.48		-0.99	0.99	0.94	-0.93
Gross Profit	-0.45	-0.6	0.64	0.74	0.73	-0.6	0.46	0.46	-1.0	0.52	-0.78	0.51	-0.22	0.43	-0.58	-0.99		-1.0	-0.92	0.88
Cost Of Revenue	0.44	0.57	-0.62	-0.72	-0.72	0.57	-0.44	-0.44	1.0	-0.52	0.78	-0.5	0.22	-0.42	0.56	0.99	-1.0		0.91	-0.9
Interest Income	0.23	0.35	-0.37	-0.47	-0.46	0.35	-0.18	-0.18	0.91	-0.42	0.62	-0.41	0.33	-0.15	0.3	0.94	-0.92	0.91		-0.83
Selling And Marketing Expenses	-0.21	-0.25	0.35	0.45	0.44	-0.25	0.18	0.18	-0.9	0.41	-0.61	0.4	-0.32	0.15	-0.24	-0.93	0.88	-0.9	-0.83

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XORTX Therapeutics Account Relationship Matchups

XORTX Therapeutics income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Selling General Administrative	506.2K	1.1M	1.6M	2.3M	1.1M	996.5K
Other Operating Expenses	566.0K	1.3M	2.9M	9.9M	4.8M	2.6M
Operating Income	(566.0K)	(1.3M)	(4.1M)	(10.7M)	(4.8M)	(4.6M)
Ebit	(566.0K)	(1.3M)	(1.6M)	(9.5M)	(5.0M)	(4.8M)
Ebitda	(546.1K)	(1.3M)	(1.6M)	(9.4M)	(4.9M)	(4.6M)
Total Operating Expenses	566.0K	1.3M	2.9M	9.9M	4.8M	2.6M
Income Before Tax	(629.6K)	(1.3M)	(1.3M)	(7.0M)	(2.2M)	(2.3M)
Net Income	(629.6K)	(1.3M)	(1.3M)	(7.0M)	(2.2M)	(2.3M)
Depreciation And Amortization	19.9K	20.4K	17.9K	75.3K	142.0K	149.1K
Interest Expense	15.5K	22.3K	37.2K	13.5K	4.4K	0.0
Total Other Income Expense Net	(26.4K)	(202.4K)	1.3M	2.9M	2.7M	2.8M
Income Tax Expense	37.2K	13.5K	4.4K	0.0	(0.01)	(0.0095)
Net Interest Income	(37.2K)	(13.5K)	(1.6M)	(825.4K)	253.5K	266.2K
Net Income From Continuing Ops	(629.6K)	(1.3M)	(1.7M)	(7.0M)	(2.2M)	(2.3M)
Research Development	39.9K	277.5K	669.1K	6.5M	2.4M	1.6M
Reconciled Depreciation	19.9K	20.4K	17.9K	55.5K	139.7K	146.7K
Net Income Applicable To Common Shares	(629.6K)	(1.3M)	(1.7M)	(9.5M)	(8.5M)	(8.1M)

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

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XORTX Historical Income Statement

About XORTX Income Statement Analysis

XORTX Therapeutics Income Statement Chart

Other Operating Expenses

Total Operating Expenses

Net Income

Cost Of Revenue

XORTX Therapeutics income statement Correlations

XORTX Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

XORTX Therapeutics income statement Accounts

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COMMON DESTINATIONS

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Total Operating Expenses	+ 1.0	Other Operating Expenses
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 1.0	Net Income
Cost Of Revenue	+ 1.0	Depreciation And Amortization

Cost Of Revenue	- 1.0	Gross Profit
Gross Profit	- 1.0	Depreciation And Amortization
Gross Profit	- 0.99	Reconciled Depreciation
Total Operating Expenses	- 0.98	Operating Income
Operating Income	- 0.98	Other Operating Expenses
Research Development	- 0.97	Ebitda