PEDEVCO Historical Income Statement
| PED Stock | USD 0.84 0.01 1.18% |
Historical analysis of PEDEVCO Corp income statement accounts such as Other Operating Expenses of 28 M, Operating Income of 4.3 M, EBIT of 4.3 M or Ebitda of 15.8 M can show how well PEDEVCO Corp performed in making a profits. Evaluating PEDEVCO Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of PEDEVCO Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining PEDEVCO Corp 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 PEDEVCO Corp is a good buy for the upcoming year.
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About PEDEVCO Income Statement Analysis
PEDEVCO Corp 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 PEDEVCO Corp shareholders. The income statement also shows PEDEVCO 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).
PEDEVCO Corp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts PEDEVCO Corp 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 PEDEVCO Corp. It is also known as PEDEVCO Corp 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.Cost Of Revenue
Cost of Revenue is found on PEDEVCO Corp income statement and represents the costs associated with goods and services PEDEVCO Corp 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 PEDEVCO Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into PEDEVCO Corp 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 Equity Center to better understand how to build diversified portfolios, which includes a position in PEDEVCO Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.At present, PEDEVCO Corp's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 10.6 M, whereas Total Operating Expenses is forecasted to decline to about 5.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1K | 214K | 246.1K | 233.8K | Depreciation And Amortization | 7.5M | 11.3M | 11.0M | 11.5M |
PEDEVCO Corp income statement Correlations
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PEDEVCO Corp Account Relationship Matchups
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PEDEVCO Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 10.0M | 11.4M | 7.5M | 11.3M | 11.0M | 11.5M | |
| Interest Expense | 824K | 2K | 1K | 214K | 246.1K | 233.8K | |
| Total Revenue | 13.0M | 8.1M | 15.9M | 30.0M | 30.8M | 32.3M | |
| Gross Profit | (4.9M) | (7.7M) | 2.5M | 8.5M | 10.1M | 10.6M | |
| Other Operating Expenses | 24.2M | 22.6M | 19.5M | 27.4M | 26.7M | 28.0M | |
| Operating Income | (10.2M) | (33.8M) | (3.5M) | 2.6M | 4.1M | 4.3M | |
| Ebit | (10.2M) | (32.7M) | (1.3M) | 2.6M | 4.1M | 4.3M | |
| Ebitda | (250K) | (21.3M) | 6.2M | 13.9M | 15.0M | 15.8M | |
| Total Operating Expenses | 6.4M | 6.8M | 6.2M | 5.9M | 6.0M | 5.5M | |
| Income Before Tax | (11.1M) | (32.7M) | (1.3M) | 2.8M | 264K | 277.2K | |
| Total Other Income Expense Net | (875K) | 1.1M | 568K | 214K | (3.8M) | (3.6M) | |
| Net Income | (11.8M) | (33.8M) | (1.5M) | 2.8M | 264K | 277.2K | |
| Income Tax Expense | 718K | 1.1M | 181K | (214K) | 10.8M | 11.3M | |
| Cost Of Revenue | 17.8M | 15.8M | 13.3M | 21.6M | 20.7M | 21.7M | |
| Selling General Administrative | 5.8M | 6.7M | 6.2M | 5.9M | 6.0M | 5.0M | |
| Net Income From Continuing Ops | (11.1M) | (32.7M) | (1.3M) | 2.8M | 1.5M | 1.6M | |
| Non Recurring | 19.0M | 47K | 606K | 19.4M | 22.3M | 23.4M | |
| Net Income Applicable To Common Shares | (11.1M) | (32.7M) | (1.3M) | 2.8M | 3.3M | 3.4M | |
| Interest Income | 769K | 40K | 15K | 117K | 349K | 331.6K | |
| Net Interest Income | (769K) | 38K | 14K | 117K | 349K | 366.5K | |
| Reconciled Depreciation | 11.1M | 11.4M | 7.5M | 11.3M | 13.3M | 10.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether PEDEVCO Corp is a strong investment it is important to analyze PEDEVCO Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PEDEVCO Corp's future performance. For an informed investment choice regarding PEDEVCO Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PEDEVCO Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PEDEVCO Corp. If investors know PEDEVCO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PEDEVCO Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.659 | Earnings Share 0.02 | Revenue Per Share 0.386 | Quarterly Revenue Growth 0.382 | Return On Assets 0.024 |
The market value of PEDEVCO Corp is measured differently than its book value, which is the value of PEDEVCO that is recorded on the company's balance sheet. Investors also form their own opinion of PEDEVCO Corp's value that differs from its market value or its book value, called intrinsic value, which is PEDEVCO Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PEDEVCO Corp's market value can be influenced by many factors that don't directly affect PEDEVCO Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PEDEVCO Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PEDEVCO Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEDEVCO Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.