29Metals Historical Income Statement

29M Stock

0.37 0.01 2.78%

Historical analysis of 29Metals income statement accounts such as Interest Income of 6.1 M, Depreciation And Amortization of 127.2 M or Interest Expense of 36.3 M can show how well 29Metals performed in making a profits. Evaluating 29Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of 29Metals's future profits or losses.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining 29Metals 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 29Metals is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 29Metals. 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.

About 29Metals Income Statement Analysis

29Metals 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 29Metals shareholders. The income statement also shows 29Metals 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).

29Metals Income Statement Chart

At this time, 29Metals' Tax Provision is comparatively stable compared to the past year. Interest Income is likely to gain to about 6.1 M in 2024, despite the fact that Gross Profit is likely to grow to (89.9 M).

Selling General Administrative Total Revenue Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts 29Metals 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of 29Metals. It is also known as 29Metals 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 29Metals income statement and represents the costs associated with goods and services 29Metals 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 29Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into 29Metals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in 29Metals. 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.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	102.7M	194.1M	124.5M	127.2M
Interest Income	90K	1.4M	5.2M	6.1M

Depreciation And Amortization Interest Income

29Metals income statement Correlations

	Tax Provision	Interest Income	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Interest Income	Net Income From Continuing Ops	Reconciled Depreciation
Tax Provision		0.65	-0.21	-0.13	-0.05	-0.48	-0.64	-0.1	-0.13	-0.13	-0.18	0.3	-0.22	-0.16	-0.33	-0.35	0.94	-0.42	-0.33	-0.19	-0.17
Interest Income	0.65		-0.75	0.21	-0.75	-0.51	-0.08	-0.74	0.48	0.51	0.4	-0.49	-0.75	0.43	-0.85	0.33	0.52	-0.82	-0.5	0.44	-0.59
Depreciation And Amortization	-0.21	-0.75		-0.28	0.86	0.65	0.01	0.82	-0.43	-0.46	-0.3	0.78	0.67	-0.38	0.83	-0.38	-0.1	0.61	0.84	-0.44	0.88
Interest Expense	-0.13	0.21	-0.28		-0.37	-0.37	-0.12	-0.04	-0.22	-0.16	-0.23	-0.33	0.23	-0.24	-0.26	-0.12	0.13	0.26	0.0	-0.24	0.12
Selling General Administrative	-0.05	-0.75	0.86	-0.37		0.35	-0.32	0.94	-0.66	-0.69	-0.57	0.89	0.74	-0.62	0.78	-0.64	0.05	0.67	0.58	-0.65	0.67
Total Revenue	-0.48	-0.51	0.65	-0.37	0.35		0.71	0.27	0.33	0.3	0.46	0.3	0.03	0.39	0.66	0.41	-0.51	0.08	0.66	0.31	0.39
Gross Profit	-0.64	-0.08	0.01	-0.12	-0.32	0.71		-0.38	0.8	0.79	0.85	-0.45	-0.47	0.82	0.03	0.9	-0.77	-0.34	0.29	0.81	-0.14
Other Operating Expenses	-0.1	-0.74	0.82	-0.04	0.94	0.27	-0.38		-0.79	-0.8	-0.69	0.86	0.89	-0.75	0.8	-0.73	0.11	0.83	0.59	-0.79	0.75
Operating Income	-0.13	0.48	-0.43	-0.22	-0.66	0.33	0.8	-0.79		1.0	0.99	-0.62	-0.91	1.0	-0.43	0.97	-0.37	-0.83	-0.14	0.99	-0.56
Ebit	-0.13	0.51	-0.46	-0.16	-0.69	0.3	0.79	-0.8	1.0		0.98	-0.65	-0.91	0.99	-0.46	0.97	-0.36	-0.83	-0.14	0.99	-0.56
Ebitda	-0.18	0.4	-0.3	-0.23	-0.57	0.46	0.85	-0.69	0.99	0.98		-0.54	-0.84	0.99	-0.33	0.97	-0.41	-0.77	0.02	0.98	-0.43
Cost Of Revenue	0.3	-0.49	0.78	-0.33	0.89	0.3	-0.45	0.86	-0.62	-0.65	-0.54		0.62	-0.58	0.75	-0.67	0.41	0.49	0.45	-0.67	0.61
Total Operating Expenses	-0.22	-0.75	0.67	0.23	0.74	0.03	-0.47	0.89	-0.91	-0.91	-0.84	0.62		-0.88	0.67	-0.81	0.05	0.98	0.44	-0.9	0.77
Income Before Tax	-0.16	0.43	-0.38	-0.24	-0.62	0.39	0.82	-0.75	1.0	0.99	0.99	-0.58	-0.88		-0.37	0.98	-0.4	-0.81	-0.11	0.99	-0.53
Total Other Income Expense Net	-0.33	-0.85	0.83	-0.26	0.78	0.66	0.03	0.8	-0.43	-0.46	-0.33	0.75	0.67	-0.37		-0.35	-0.2	0.67	0.51	-0.45	0.61
Net Income	-0.35	0.33	-0.38	-0.12	-0.64	0.41	0.9	-0.73	0.97	0.97	0.97	-0.67	-0.81	0.98	-0.35		-0.55	-0.69	-0.05	0.98	-0.48
Income Tax Expense	0.94	0.52	-0.1	0.13	0.05	-0.51	-0.77	0.11	-0.37	-0.36	-0.41	0.41	0.05	-0.4	-0.2	-0.55		-0.14	-0.22	-0.45	0.03
Selling And Marketing Expenses	-0.42	-0.82	0.61	0.26	0.67	0.08	-0.34	0.83	-0.83	-0.83	-0.77	0.49	0.98	-0.81	0.67	-0.69	-0.14		0.4	-0.81	0.7
Net Interest Income	-0.33	-0.5	0.84	0.0	0.58	0.66	0.29	0.59	-0.14	-0.14	0.02	0.45	0.44	-0.11	0.51	-0.05	-0.22	0.4		-0.14	0.84
Net Income From Continuing Ops	-0.19	0.44	-0.44	-0.24	-0.65	0.31	0.81	-0.79	0.99	0.99	0.98	-0.67	-0.9	0.99	-0.45	0.98	-0.45	-0.81	-0.14		-0.57
Reconciled Depreciation	-0.17	-0.59	0.88	0.12	0.67	0.39	-0.14	0.75	-0.56	-0.56	-0.43	0.61	0.77	-0.53	0.61	-0.48	0.03	0.7	0.84	-0.57

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29Metals Account Relationship Matchups

29Metals income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	53.7M	34.5M	(103.2M)	(18.6M)	58.1M	61.0M
Interest Income	9.9M	17.9M	90K	1.4M	5.2M	6.1M
Depreciation And Amortization	115.0M	57.5M	102.7M	194.1M	124.5M	127.2M
Interest Expense	15.5M	96.7M	29.1M	18.8M	30.8M	36.3M
Selling General Administrative	19.2M	4.7M	18.6M	33.5M	34.3M	23.6M
Total Revenue	657.2M	434.5M	593.9M	714.0M	453.9M	450.4M
Gross Profit	157.7M	107.3M	229.8M	186.2M	(94.6M)	(89.9M)
Other Operating Expenses	518.6M	335.8M	502.0M	750.7M	802.8M	615.5M
Operating Income	138.6M	98.6M	46.9M	(47.0M)	(353.1M)	(335.4M)
Ebit	133.7M	131.2M	44.5M	(50.0M)	(355.4M)	(337.6M)
Ebitda	248.7M	188.6M	147.2M	144.1M	(230.9M)	(219.4M)
Cost Of Revenue	499.4M	327.2M	364.0M	527.8M	548.5M	494.2M
Total Operating Expenses	19.2M	8.7M	138.0M	222.9M	261.9M	275.0M
Income Before Tax	116.8M	34.5M	17.8M	(65.8M)	(382.4M)	(363.3M)
Total Other Income Expense Net	(21.8M)	(64.1M)	(29.1M)	(18.8M)	(29.3M)	(30.8M)
Net Income	81.7M	83.7M	121.0M	(47.2M)	(440.5M)	(418.4M)
Income Tax Expense	35.0M	34.5M	(103.2M)	(18.6M)	58.1M	61.0M

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