Angel Historical Income Statement

FINS Stock  USD 12.81  0.03  0.23%   
Historical analysis of Angel Oak income statement accounts such as Interest Expense of 3.9 M or Selling General Administrative of 901.4 K can show how well Angel Oak Financial performed in making a profits. Evaluating Angel Oak income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Angel Oak's future profits or losses.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Angel Oak Financial 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 Angel Oak Financial is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. 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 Angel Income Statement Analysis

Angel Oak Financial 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 Angel Oak shareholders. The income statement also shows Angel 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).

Angel Oak Income Statement Chart

At this time, Angel Oak's Total Revenue is comparatively stable compared to the past year. Gross Profit is likely to gain to about 15.2 M in 2024, whereas Interest Income is likely to drop slightly above 21.9 M in 2024.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Angel Oak Financial minus its cost of goods sold. It is profit before Angel Oak 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 Angel Oak Financial. It is also known as Angel Oak 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.

Operating Income

Operating Income is the amount of profit realized from Angel Oak Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Angel Oak Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Angel Oak's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Angel Oak Financial 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. 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, Angel Oak's Total Revenue is comparatively stable compared to the past year. Gross Profit is likely to gain to about 15.2 M in 2024, whereas Interest Income is likely to drop slightly above 21.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income20.1M25.9M27.6M21.9M
Net Interest Income16.9M21.0M21.5M18.0M

Angel Oak income statement Correlations

1.0-0.930.990.96-0.630.350.66-0.24-0.650.39-0.190.71-0.65-0.61-0.65-0.76-0.72
1.0-0.940.990.96-0.620.320.65-0.26-0.650.38-0.210.73-0.65-0.6-0.65-0.74-0.74
-0.93-0.94-0.94-0.890.53-0.16-0.550.350.56-0.250.32-0.880.560.510.560.590.85
0.990.99-0.940.94-0.60.230.62-0.33-0.620.34-0.240.76-0.62-0.57-0.62-0.7-0.77
0.960.96-0.890.94-0.540.290.56-0.34-0.560.26-0.310.72-0.56-0.5-0.56-0.7-0.62
-0.63-0.620.53-0.6-0.54-0.74-1.0-0.461.0-0.94-0.6-0.121.01.01.00.950.68
0.350.32-0.160.230.29-0.740.770.79-0.730.840.68-0.31-0.73-0.77-0.73-0.81-0.12
0.660.65-0.550.620.56-1.00.770.47-1.00.940.590.13-1.0-1.0-1.0-0.96-0.67
-0.24-0.260.35-0.33-0.34-0.460.790.47-0.440.730.91-0.71-0.44-0.52-0.44-0.390.15
-0.65-0.650.56-0.62-0.561.0-0.73-1.0-0.44-0.93-0.58-0.141.00.991.00.950.69
0.390.38-0.250.340.26-0.940.840.940.73-0.930.83-0.21-0.93-0.96-0.93-0.87-0.45
-0.19-0.210.32-0.24-0.31-0.60.680.590.91-0.580.83-0.67-0.58-0.64-0.58-0.46-0.02
0.710.73-0.880.760.72-0.12-0.310.13-0.71-0.14-0.21-0.67-0.14-0.08-0.14-0.16-0.72
-0.65-0.650.56-0.62-0.561.0-0.73-1.0-0.441.0-0.93-0.58-0.140.991.00.950.69
-0.61-0.60.51-0.57-0.51.0-0.77-1.0-0.520.99-0.96-0.64-0.080.990.990.940.66
-0.65-0.650.56-0.62-0.561.0-0.73-1.0-0.441.0-0.93-0.58-0.141.00.990.950.69
-0.76-0.740.59-0.7-0.70.95-0.81-0.96-0.390.95-0.87-0.46-0.160.950.940.950.57
-0.72-0.740.85-0.77-0.620.68-0.12-0.670.150.69-0.45-0.02-0.720.690.660.690.57
Click cells to compare fundamentals

Angel Oak Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Angel Stock Analysis

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