Portage Historical Income Statement
| PRTG Stock | USD 3.98 0.06 1.49% |
Historical analysis of Portage Biotech income statement accounts such as Cost Of Revenue of 51.3 K, Interest Expense of 30.4 K, Selling General Administrative of 3.6 M or Selling And Marketing Expenses of 12.3 K can show how well Portage Biotech performed in making a profits. Evaluating Portage Biotech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Portage Biotech's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Portage Biotech 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 Portage Biotech is a good buy for the upcoming year.
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About Portage Income Statement Analysis
Portage Biotech 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 Portage Biotech shareholders. The income statement also shows Portage 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).
Portage Biotech Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Portage Biotech. It is also known as Portage Biotech 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 Portage Biotech income statement and represents the costs associated with goods and services Portage Biotech 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 Portage Biotech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Portage Biotech 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 Portage Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Portage Stock please use our How to Invest in Portage Biotech guide.At this time, Portage Biotech's Net Interest Income is most likely to increase significantly in the upcoming years. The Portage Biotech's current Interest Income is estimated to increase to about 287.7 K, while Operating Income is forecasted to increase to (17.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 15.6M | 16.6M | 18.3M | 19.2M | Depreciation And Amortization | 15.6M | 1K | 54K | 51.3K |
Portage Biotech income statement Correlations
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Portage Biotech Account Relationship Matchups
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Portage Biotech income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 206.3K | 12.2M | 15.6M | 1K | 54K | 51.3K | |
| Other Operating Expenses | 6.0M | 12.4M | 15.6M | 16.6M | 18.3M | 19.2M | |
| Operating Income | (6.0M) | (12.4M) | (15.6M) | (16.6M) | (18.3M) | (17.3M) | |
| Ebit | (6.2M) | (26.4M) | (31.2M) | (15.8M) | (18.3M) | (17.3M) | |
| Ebitda | (5.9M) | (14.2M) | (15.7M) | (15.8M) | (18.2M) | (17.3M) | |
| Total Operating Expenses | 6.0M | 12.4M | 15.6M | 16.6M | 18.2M | 19.1M | |
| Net Income | (7.2M) | (17.2M) | (19.2M) | (104.6M) | (75.3M) | (71.6M) | |
| Income Tax Expense | 2.2M | 2.3M | 4.4M | (17.9M) | (10.5M) | (11.1M) | |
| Interest Expense | 88K | 557K | 177K | 43K | 9K | 30.4K | |
| Income Before Tax | (5.1M) | (14.9M) | (14.8M) | (122.5M) | (85.7M) | (81.4M) | |
| Total Other Income Expense Net | 894K | (2.5M) | 771K | (105.9M) | (67.4M) | (64.1M) | |
| Selling General Administrative | 1.9M | 5.1M | 8.8M | 8.4M | 5.7M | 3.6M | |
| Research Development | 4.1M | 7.3M | 6.8M | 8.2M | 12.5M | 8.1M | |
| Net Interest Income | (546K) | (177K) | (43K) | 208K | 242K | 254.1K | |
| Net Income From Continuing Ops | (7.2M) | (17.2M) | (19.2M) | (104.7M) | (75.4M) | (71.6M) | |
| Net Income Applicable To Common Shares | (2.6M) | (5.3M) | (15.8M) | (16.9M) | (15.2M) | (14.4M) | |
| Minority Interest | 49.1M | 46.2M | 2.3M | 55K | 43K | 40.9K |
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When determining whether Portage Biotech is a strong investment it is important to analyze Portage Biotech'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 Portage Biotech's future performance. For an informed investment choice regarding Portage 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 Portage Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Portage Stock please use our How to Invest in Portage Biotech guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Biotechnology 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 Portage Biotech. If investors know Portage 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 Portage Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (68.17) | Return On Assets (0.19) | Return On Equity (1.91) |
The market value of Portage Biotech is measured differently than its book value, which is the value of Portage that is recorded on the company's balance sheet. Investors also form their own opinion of Portage Biotech's value that differs from its market value or its book value, called intrinsic value, which is Portage Biotech'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 Portage Biotech's market value can be influenced by many factors that don't directly affect Portage Biotech'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 Portage Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portage Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portage Biotech'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.