EMCORE Historical Income Statement

EMKR Stock  USD 0.36  0.01  2.86%   
Historical analysis of EMCORE income statement accounts such as Gross Profit of 31.1 M or Other Operating Expenses of 162.4 M can show how well EMCORE performed in making a profits. Evaluating EMCORE income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EMCORE's future profits or losses.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining EMCORE 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 EMCORE is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.

About EMCORE Income Statement Analysis

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

EMCORE Income Statement Chart

EMCORE Income Statement is one of the three primary financial statements used for reporting EMCORE's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of EMCORE revenue and expense. EMCORE Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, EMCORE's Tax Provision is relatively stable compared to the past year. As of 03/28/2024, Interest Income is likely to grow to about 262.5 K, while Operating Income is likely to drop (58.9 M).

Total Revenue

Total revenue comprises all receipts EMCORE 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 EMCORE minus its cost of goods sold. It is profit before EMCORE 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 EMCORE. It is also known as EMCORE 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 EMCORE income statement and represents the costs associated with goods and services EMCORE 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 EMCORE's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EMCORE 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.At this time, EMCORE's Tax Provision is relatively stable compared to the past year. As of 03/28/2024, Interest Income is likely to grow to about 262.5 K, while Operating Income is likely to drop (58.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit29.7M23.4M26.9M31.1M
Total Revenue124.1M97.7M112.4M135.5M

EMCORE income statement Correlations

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-0.37-0.15-0.27-0.03-0.06-0.07-0.42-0.080.23-0.040.210.030.070.110.21-0.1-0.05-0.34-0.060.11-0.02-0.110.530.71
0.11-0.150.510.93-0.05-0.32-0.310.950.690.020.26-0.03-0.360.590.690.34-0.50.35-0.25-0.07-0.160.12-0.06-0.29
-0.09-0.270.510.210.420.490.530.230.10.510.310.35-0.090.020.050.72-0.470.37-0.010.430.28-0.310.04-0.3
0.26-0.030.930.21-0.35-0.62-0.540.980.84-0.30.06-0.29-0.340.780.820.02-0.480.37-0.29-0.11-0.20.12-0.18-0.1
-0.78-0.06-0.050.42-0.350.760.26-0.2-0.490.990.810.9-0.02-0.7-0.430.860.15-0.420.21-0.18-0.090.240.61-0.31
-0.61-0.07-0.320.49-0.620.760.7-0.53-0.640.750.350.690.04-0.7-0.630.630.18-0.380.240.190.24-0.130.44-0.2
0.14-0.42-0.310.53-0.540.260.7-0.53-0.570.29-0.250.170.1-0.42-0.630.260.070.120.150.440.44-0.36-0.17-0.34
0.15-0.080.950.230.98-0.2-0.53-0.530.74-0.160.19-0.15-0.380.660.760.14-0.40.27-0.28-0.23-0.270.25-0.08-0.22
0.250.230.690.10.84-0.49-0.64-0.570.74-0.44-0.08-0.4-0.230.90.88-0.17-0.610.38-0.250.14-0.07-0.16-0.190.34
-0.74-0.040.020.51-0.30.990.750.29-0.16-0.440.840.880.0-0.67-0.370.880.11-0.330.17-0.11-0.080.190.61-0.29
-0.760.210.260.310.060.810.35-0.250.19-0.080.840.75-0.04-0.390.050.760.04-0.290.05-0.3-0.330.360.71-0.09
-0.780.03-0.030.35-0.290.90.690.17-0.15-0.40.880.75-0.19-0.56-0.440.830.06-0.50.55-0.36-0.290.420.62-0.29
0.050.07-0.36-0.09-0.34-0.020.040.1-0.38-0.230.0-0.04-0.19-0.19-0.12-0.270.130.17-0.030.380.34-0.38-0.040.18
0.490.110.590.020.78-0.7-0.7-0.420.660.9-0.67-0.39-0.56-0.190.7-0.36-0.580.48-0.120.15-0.03-0.16-0.430.19
0.170.210.690.050.82-0.43-0.63-0.630.760.88-0.370.05-0.44-0.120.7-0.19-0.350.3-0.50.08-0.14-0.09-0.10.34
-0.59-0.10.340.720.020.860.630.260.14-0.170.880.760.83-0.27-0.36-0.19-0.27-0.180.19-0.040.00.120.53-0.33
-0.18-0.05-0.5-0.47-0.480.150.180.07-0.4-0.610.110.040.060.13-0.58-0.35-0.27-0.36-0.09-0.48-0.440.490.06-0.25
0.67-0.340.350.370.37-0.42-0.380.120.270.38-0.33-0.29-0.50.170.480.3-0.18-0.36-0.220.410.18-0.38-0.62-0.1
-0.16-0.06-0.25-0.01-0.290.210.240.15-0.28-0.250.170.050.55-0.03-0.12-0.50.19-0.09-0.22-0.38-0.330.380.05-0.22
0.220.11-0.070.43-0.11-0.180.190.44-0.230.14-0.11-0.3-0.360.380.150.08-0.04-0.480.41-0.380.87-0.98-0.120.45
0.17-0.02-0.160.28-0.2-0.090.240.44-0.27-0.07-0.08-0.33-0.290.34-0.03-0.140.0-0.440.18-0.330.87-0.9-0.010.31
-0.24-0.110.12-0.310.120.24-0.13-0.360.25-0.160.190.360.42-0.38-0.16-0.090.120.49-0.380.38-0.98-0.90.12-0.52
-0.80.53-0.060.04-0.180.610.44-0.17-0.08-0.190.610.710.62-0.04-0.43-0.10.530.06-0.620.05-0.12-0.010.120.28
-0.110.71-0.29-0.3-0.1-0.31-0.2-0.34-0.220.34-0.29-0.09-0.290.180.190.34-0.33-0.25-0.1-0.220.450.31-0.520.28
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EMCORE Account Relationship Matchups

EMCORE income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(2.5M)4.1M171K43.0M38.7M40.6M
Interest Expense104K466K139K(751K)(863.7K)(820.5K)
Total Revenue110.1M158.4M124.1M97.7M112.4M135.5M
Gross Profit35.6M61.5M29.7M23.4M26.9M31.1M
Other Operating Expenses119.4M138.9M146.7M125.0M143.7M162.4M
Operating Income(9.3M)9.2M(22.5M)(48.7M)(56.1M)(58.9M)
Ebit(9.3M)9.2M(22.5M)(48.7M)(43.9M)(41.7M)
Ebitda(11.8M)13.2M(22.4M)(5.8M)(5.2M)(5.4M)
Cost Of Revenue74.5M97.0M94.4M74.3M85.5M104.5M
Total Operating Expenses44.9M42.0M52.2M50.6M45.6M42.1M
Income Before Tax(6.9M)26.2M(24.5M)(49.4M)(56.8M)(59.6M)
Total Other Income Expense Net2.4M17.0M(1.9M)(21.4M)(24.6M)(23.3M)
Net Income(7M)25.6M(24.3M)(76.4M)(87.9M)(83.5M)
Income Tax Expense60K572K(139K)42K37.8K35.9K
Selling General Administrative24.6M24.5M33.7M32.7M37.6M31.4M
Research Development20.3M17.4M18.5M17.9M16.1M18.0M
Net Income Applicable To Common Shares(36.0M)(7M)25.6M(24.3M)(21.9M)(20.8M)
Net Income From Continuing Ops(7M)25.6M(24.3M)(49.4M)(44.5M)(42.2M)
Non Operating Income Net Other(324K)(427K)198K6.8M7.8M8.2M
Tax Provision60K572K(139K)42K48.3K50.7K
Net Interest Income(104K)466K(139K)(751K)(675.9K)(642.1K)
Reconciled Depreciation5.5M4.1M4.8M4.8M4.4M4.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EMCORE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EMCORE's short interest history, or implied volatility extrapolated from EMCORE options trading.

Pair Trading with EMCORE

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

Moving against EMCORE Stock

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The ability to find closely correlated positions to EMCORE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMCORE 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 EMCORE - 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 EMCORE to buy it.
The correlation of EMCORE 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 EMCORE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EMCORE 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 EMCORE 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
When determining whether EMCORE is a strong investment it is important to analyze EMCORE'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 EMCORE's future performance. For an informed investment choice regarding EMCORE Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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Is EMCORE's industry 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 EMCORE. If investors know EMCORE 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 EMCORE 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
(0.25)
Earnings Share
(0.79)
Revenue Per Share
1.582
Quarterly Revenue Growth
0.207
Return On Assets
(0.07)
The market value of EMCORE is measured differently than its book value, which is the value of EMCORE that is recorded on the company's balance sheet. Investors also form their own opinion of EMCORE's value that differs from its market value or its book value, called intrinsic value, which is EMCORE'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 EMCORE's market value can be influenced by many factors that don't directly affect EMCORE'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 EMCORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCORE'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.