Generation Historical Income Statement

GENM Stock

CAD 0.14 0.01 6.67%

Historical analysis of Generation Mining income statement accounts such as Selling General Administrative of 2.7 M or Selling And Marketing Expenses of 19.8 M can show how well Generation Mining performed in making a profits. Evaluating Generation Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Generation Mining'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 Generation Mining 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 Generation Mining is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Mining. 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 Generation Income Statement Analysis

Generation Mining 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 Generation Mining shareholders. The income statement also shows Generation 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).

Generation Mining Income Statement Chart

At this time, Generation Mining's Selling General Administrative is very stable compared to the past year. As of the 30th of December 2024, Selling And Marketing Expenses is likely to grow to about 19.8 M, while Depreciation And Amortization is likely to drop about 909 K.

Selling General Administrative Selling And Marketing Expenses Other Operating Expenses Cost Of Revenue

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Generation Mining. It is also known as Generation Mining 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 Generation Mining income statement and represents the costs associated with goods and services Generation Mining 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 Generation Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Generation Mining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Mining. 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)
Total Operating Expenses	4.7M	52.5M	17.7M	11.6M
Cost Of Revenue	97.3K	1.7M	1.5M	971.4K

Total Operating Expenses Cost Of Revenue

Generation Mining income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	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	Interest Income	Net Income From Continuing Ops	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		-0.27	0.22	-0.94	0.08	-0.07	-0.13	-0.05	0.96	0.08	0.07	0.35	0.07	-0.13	-0.23	0.1	-0.15	0.02
Selling General Administrative	-0.27		0.74	0.08	0.61	-0.65	-0.6	-0.62	-0.11	0.62	-0.79	-0.64	-0.79	0.62	0.41	-0.8	0.55	0.46
Selling And Marketing Expenses	0.22	0.74		-0.28	0.32	-0.4	-0.32	-0.31	0.29	0.33	-0.48	-0.55	-0.49	0.46	0.46	-0.48	0.13	0.06
Gross Profit	-0.94	0.08	-0.28		-0.26	0.28	0.33	0.26	-0.99	-0.26	0.13	-0.36	0.13	-0.15	0.2	0.11	-0.11	-0.29
Other Operating Expenses	0.08	0.61	0.32	-0.26		-0.98	-0.99	-0.99	0.25	1.0	-0.96	-0.01	-0.95	0.31	0.33	-0.95	0.37	0.61
Operating Income	-0.07	-0.65	-0.4	0.28	-0.98		0.98	0.98	-0.25	-0.98	0.97	-0.02	0.97	-0.34	-0.34	0.96	-0.42	-0.67
Ebit	-0.13	-0.6	-0.32	0.33	-0.99	0.98		1.0	-0.3	-0.99	0.95	-0.03	0.95	-0.32	-0.29	0.94	-0.41	-0.66
Ebitda	-0.05	-0.62	-0.31	0.26	-0.99	0.98	1.0		-0.23	-0.99	0.96	-0.01	0.96	-0.33	-0.31	0.95	-0.42	-0.66
Cost Of Revenue	0.96	-0.11	0.29	-0.99	0.25	-0.25	-0.3	-0.23		0.25	-0.11	0.33	-0.11	0.11	-0.18	-0.09	0.02	0.21
Total Operating Expenses	0.08	0.62	0.33	-0.26	1.0	-0.98	-0.99	-0.99	0.25		-0.96	-0.02	-0.96	0.31	0.34	-0.95	0.36	0.6
Income Before Tax	0.07	-0.79	-0.48	0.13	-0.96	0.97	0.95	0.96	-0.11	-0.96		0.22	1.0	-0.4	-0.37	1.0	-0.42	-0.59
Total Other Income Expense Net	0.35	-0.64	-0.55	-0.36	-0.01	-0.02	-0.03	-0.01	0.33	-0.02	0.22		0.22	-0.31	-0.14	0.23	0.01	0.27
Net Income	0.07	-0.79	-0.49	0.13	-0.95	0.97	0.95	0.96	-0.11	-0.96	1.0	0.22		-0.41	-0.37	1.0	-0.42	-0.59
Income Tax Expense	-0.13	0.62	0.46	-0.15	0.31	-0.34	-0.32	-0.33	0.11	0.31	-0.4	-0.31	-0.41		0.35	-0.41	0.61	0.47
Interest Income	-0.23	0.41	0.46	0.2	0.33	-0.34	-0.29	-0.31	-0.18	0.34	-0.37	-0.14	-0.37	0.35		-0.36	-0.06	-0.06
Net Income From Continuing Ops	0.1	-0.8	-0.48	0.11	-0.95	0.96	0.94	0.95	-0.09	-0.95	1.0	0.23	1.0	-0.41	-0.36		-0.45	-0.61
Net Interest Income	-0.15	0.55	0.13	-0.11	0.37	-0.42	-0.41	-0.42	0.02	0.36	-0.42	0.01	-0.42	0.61	-0.06	-0.45		0.91
Reconciled Depreciation	0.02	0.46	0.06	-0.29	0.61	-0.67	-0.66	-0.66	0.21	0.6	-0.59	0.27	-0.59	0.47	-0.06	-0.61	0.91

Click cells to compare fundamentals

Generation Mining Account Relationship Matchups

Generation Mining income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	57.1K	99.3K	97.3K	1.7M	1.5M	909.0K
Interest Expense	39.2K	35.7K	31.4K	235.5K	381.2K	277.3K
Selling General Administrative	2.7M	3.5M	4.7M	4.5M	2.7M	2.7M
Gross Profit	(57.1K)	(99.3K)	(97.3K)	(1.7M)	(1.5M)	(1.4M)
Other Operating Expenses	2.7M	3.5M	4.7M	54.2M	19.2M	12.0M
Operating Income	(12.4M)	(3.3M)	(4.7M)	(54.2M)	(19.2M)	(20.2M)
Ebit	(2.7M)	(3.3M)	(4.7M)	(54.2M)	(19.2M)	(18.3M)
Ebitda	(2.6M)	(3.2M)	(4.6M)	(52.5M)	(17.7M)	(16.8M)
Cost Of Revenue	57.1K	99.3K	97.3K	1.7M	1.5M	971.4K
Total Operating Expenses	2.7M	3.5M	4.7M	52.5M	17.7M	11.6M
Income Before Tax	(14.0M)	(8.4M)	(17.1M)	(56.2M)	(17.7M)	(18.6M)
Total Other Income Expense Net	(1.6M)	(5.1M)	(12.4M)	(2.0M)	1.6M	1.6M
Net Income Applicable To Common Shares	(13.9M)	(8.4M)	(17.1M)	(56.2M)	(50.6M)	(48.1M)
Net Income	(13.9M)	(8.6M)	(17.1M)	(56.2M)	(17.8M)	(18.7M)
Income Tax Expense	(129.6K)	216.2K	31.4K	(3.0)	95.3K	100.1K
Interest Income	1.6M	3.1M	26.1K	2.0M	435.3K	413.5K
Net Income From Continuing Ops	(13.9M)	(8.4M)	(17.1M)	(50.9M)	(17.8M)	(18.7M)

Pair Trading with Generation Mining

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 Generation Mining 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 Generation Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Generation Stock

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0.67	IE	Ivanhoe Energy	Pair Corr
0.74	ORE	Orezone Gold Corp	Pair Corr
0.63	FDY	Faraday Copper Corp	Pair Corr
0.66	INFM	Infinico Metals Corp	Pair Corr

Moving against Generation Stock

0.85	ERE-UN	European Residential Real	Pair Corr
0.85	TCS	TECSYS Inc	Pair Corr
0.84	DBO	D Box Technologies	Pair Corr
0.76	ENS-PA	E Split Corp	Pair Corr
0.74	FFH	Fairfax Financial	Pair Corr

The ability to find closely correlated positions to Generation Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Generation Mining 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 Generation Mining - 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 Generation Mining to buy it.

The correlation of Generation Mining 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 Generation Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Generation Mining 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 Generation Mining 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.

Pair Correlation Correlation Matching

Other Information on Investing in Generation Stock

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Generation Historical Income Statement

About Generation Income Statement Analysis

Generation Mining Income Statement Chart

Other Operating Expenses

Cost Of Revenue

Generation Mining income statement Correlations

Generation Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Generation Mining income statement Accounts

Pair Trading with Generation Mining

Moving together with Generation Stock

Moving against Generation Stock

Other Information on Investing in Generation Stock

COMMON DESTINATIONS

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COMPANY

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
Ebit	+ 0.98	Operating Income

Total Operating Expenses	- 0.99	Ebitda
Total Operating Expenses	- 0.99	Ebit
Ebitda	- 0.99	Other Operating Expenses
Ebit	- 0.99	Other Operating Expenses
Cost Of Revenue	- 0.99	Gross Profit
Total Operating Expenses	- 0.98	Operating Income