Hub24 Historical Income Statement

HUB Stock   72.44  0.77  1.07%   
Historical analysis of Hub24 income statement accounts such as Operating Income of 57 M or Income Before Tax of 61.8 M can show how well Hub24 performed in making a profits. Evaluating Hub24 income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hub24's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hub24 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 Hub24 is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hub24. 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 Hub24 Income Statement Analysis

Hub24 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 Hub24 shareholders. The income statement also shows Hub24 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).

Hub24 Income Statement Chart

At this time, Hub24's Selling General Administrative is comparatively stable compared to the past year. Gross Profit is likely to gain to about 268.1 M in 2024, whereas Research Development is likely to drop 0.12 in 2024.

Total Revenue

Total revenue comprises all receipts Hub24 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hub24 minus its cost of goods sold. It is profit before Hub24 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 Hub24. It is also known as Hub24 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.
Most accounts from Hub24's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hub24 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 Hub24. 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, Hub24's Selling General Administrative is comparatively stable compared to the past year. Gross Profit is likely to gain to about 268.1 M in 2024, whereas Research Development is likely to drop 0.12 in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses171.1M227.2M271.1M284.6M
Gross Profit149.6M225.4M255.4M268.1M

Hub24 income statement Correlations

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Hub24 Account Relationship Matchups

Hub24 income statement Accounts

201920202021202220232024 (projected)
Interest Expense204.4K211.0K254K315K1.9M2.0M
Total Revenue81.7M108.8M191.4M278.6M323.5M339.7M
Operating Income13.8M13.5M20.3M51.4M54.3M57.0M
Income Before Tax13.4M14.9M20.0M47.8M58.8M61.8M
Net Income Applicable To Common Shares8.2M9.8M9.8M38.2M43.9M46.1M
Net Income8.2M9.8M14.7M38.2M47.2M49.5M
Income Tax Expense4.4M6.2M6.5M10.6M11.7M12.3M
Depreciation And Amortization5.3M7.0M19.8M27.7M36.8M38.7M
Selling General Administrative13.7M11.8M22.2M40.1M49.1M51.5M
Gross Profit68.7M91.3M149.6M225.4M255.4M268.1M
Other Operating Expenses67.9M95.3M171.1M227.2M271.1M284.6M
Ebit12.2M13.5M20.3M51.4M55.7M58.4M
Ebitda17.6M20.5M40.1M79.1M92.5M97.1M
Total Operating Expenses54.9M77.8M129.4M174.0M204.2M214.5M
Total Other Income Expense Net(353.8K)1.4M(58.4M)(2.7M)4.5M4.8M
Net Income From Continuing Ops8.2M8.9M14.7M38.2M47.2M49.5M
Cost Of Revenue13.0M17.5M41.8M53.2M68.1M36.6M
Tax Provision4.6M6.4M6.5M10.6M11.7M12.3M
Net Interest Income740.1K644.7K694K173K920K705.0K
Interest Income646.2K855.7K1.5M2.1M3.3M3.4M
Research Development0.110.160.140.10.170.2
Reconciled Depreciation5.3M7.0M19.8M27.7M36.8M38.7M

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Additional Tools for Hub24 Stock Analysis

When running Hub24's price analysis, check to measure Hub24'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 Hub24 is operating at the current time. Most of Hub24's value examination focuses on studying past and present price action to predict the probability of Hub24's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hub24's price. Additionally, you may evaluate how the addition of Hub24 to your portfolios can decrease your overall portfolio volatility.