BioAffinity Technologies, Shares Outstanding vs. Net Income

BIAF Stock  USD 0.97  0.11  10.19%   
Based on the key profitability measurements obtained from BioAffinity Technologies,'s financial statements, bioAffinity Technologies, may not be well positioned to generate adequate gross income at this time. It has a very high odds of underperforming in January. Profitability indicators assess BioAffinity Technologies,'s ability to earn profits and add value for shareholders. The BioAffinity Technologies,'s current EV To Sales is estimated to increase to 4.82, while Price To Sales Ratio is projected to decrease to 4.82. At this time, BioAffinity Technologies,'s Net Interest Income is most likely to decrease significantly in the upcoming years. The BioAffinity Technologies,'s current Interest Income is estimated to increase to about 155.8 K, while Operating Income is forecasted to increase to (7.6 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.30.3126
Sufficiently Down
Slightly volatile
For BioAffinity Technologies, profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BioAffinity Technologies, to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well bioAffinity Technologies, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BioAffinity Technologies,'s most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of bioAffinity Technologies, over time as well as its relative position and ranking within its peers.
  
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For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.
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 BioAffinity Technologies,. If investors know BioAffinity 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 BioAffinity Technologies, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.91)
Revenue Per Share
0.744
Quarterly Revenue Growth
120.474
Return On Assets
(0.70)
Return On Equity
(1.52)
The market value of bioAffinity Technologies, is measured differently than its book value, which is the value of BioAffinity that is recorded on the company's balance sheet. Investors also form their own opinion of BioAffinity Technologies,'s value that differs from its market value or its book value, called intrinsic value, which is BioAffinity Technologies,'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 BioAffinity Technologies,'s market value can be influenced by many factors that don't directly affect BioAffinity Technologies,'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 BioAffinity Technologies,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if BioAffinity Technologies, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioAffinity Technologies,'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.

bioAffinity Technologies, Net Income vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining BioAffinity Technologies,'s current stock value. Our valuation model uses many indicators to compare BioAffinity Technologies, value to that of its competitors to determine the firm's financial worth.
bioAffinity Technologies, is rated below average in shares outstanding category among its peers. It is rated second in net income category among its peers . At this time, BioAffinity Technologies,'s Net Loss is most likely to decrease significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value BioAffinity Technologies, by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

BioAffinity Net Income vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

BioAffinity Technologies,

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
15.48 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

BioAffinity Technologies,

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(7.94 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

BioAffinity Net Income Comparison

BioAffinity Technologies, is currently under evaluation in net income category among its peers.

BioAffinity Technologies, Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in BioAffinity Technologies,, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BioAffinity Technologies, will eventually generate negative long term returns. The profitability progress is the general direction of BioAffinity Technologies,'s change in net profit over the period of time. It can combine multiple indicators of BioAffinity Technologies,, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-3.6 M-3.8 M
Operating Income-8 M-7.6 M
Income Before Tax-7.9 M-8.3 M
Total Other Income Expense Net57.2 K60.1 K
Net Loss-7.9 M-8.3 M
Income Tax Expense21 K22 K
Net Interest Income47.3 K49.7 K
Interest Income148.4 K155.8 K
Net Loss-7.2 M-7.6 M
Net Loss-7.3 M-7.6 M
Change To Netincome2.8 M3.1 M
Net Loss(0.91)(0.95)
Income Quality 0.76  0.42 
Net Income Per E B T 1.00  0.80 

BioAffinity Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on BioAffinity Technologies,. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of BioAffinity Technologies, position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the BioAffinity Technologies,'s important profitability drivers and their relationship over time.

Use BioAffinity Technologies, in pair-trading

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 BioAffinity Technologies, 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 BioAffinity Technologies, will appreciate offsetting losses from the drop in the long position's value.

BioAffinity Technologies, Pair Trading

bioAffinity Technologies, Pair Trading Analysis

The ability to find closely correlated positions to BioAffinity Technologies, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BioAffinity Technologies, 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 BioAffinity Technologies, - 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 bioAffinity Technologies, to buy it.
The correlation of BioAffinity Technologies, 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 BioAffinity Technologies, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if bioAffinity Technologies, 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 BioAffinity Technologies, 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 CorrelationCorrelation Matching

Use Investing Themes to Complement your BioAffinity Technologies, position

In addition to having BioAffinity Technologies, in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Companies specializing in advertising, marketing and advertising services. The Advertising theme has 42 constituents at this time.
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When determining whether bioAffinity Technologies, is a strong investment it is important to analyze BioAffinity Technologies,'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 BioAffinity Technologies,'s future performance. For an informed investment choice regarding BioAffinity Stock, refer to the following important reports:
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For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project BioAffinity Technologies,'s future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of bioAffinity Technologies, at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include BioAffinity Technologies,'s income statement, its balance sheet, and the statement of cash flows.
Potential BioAffinity Technologies, investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although BioAffinity Technologies, investors may work on each financial statement separately, they are all related. The changes in BioAffinity Technologies,'s assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BioAffinity Technologies,'s income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.