IRIDEX Historical Income Statement
| IRIX Stock | USD 2.80 0.05 1.75% |
Historical analysis of IRIDEX income statement accounts such as Total Revenue of 40.7 M or Gross Profit of 19 M can show how well IRIDEX performed in making a profits. Evaluating IRIDEX income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IRIDEX's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining IRIDEX 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 IRIDEX is a good buy for the upcoming year.
IRIDEX |
About IRIDEX Income Statement Analysis
IRIDEX 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 IRIDEX shareholders. The income statement also shows IRIDEX 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).
IRIDEX Income Statement Chart
IRIDEX Income Statement is one of the three primary financial statements used for reporting IRIDEX's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of IRIDEX revenue and expense. IRIDEX Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, IRIDEX's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 1.7 M in 2024, whereas Total Revenue is likely to drop slightly above 40.7 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts IRIDEX 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 IRIDEX minus its cost of goods sold. It is profit before IRIDEX 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 IRIDEX. It is also known as IRIDEX 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 IRIDEX income statement and represents the costs associated with goods and services IRIDEX 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 IRIDEX's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IRIDEX 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 IRIDEX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.At this time, IRIDEX's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 1.7 M in 2024, whereas Total Revenue is likely to drop slightly above 40.7 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 22.8M | 25.4M | 21.5M | 19.0M | Total Revenue | 53.9M | 57.0M | 51.9M | 40.7M |
IRIDEX income statement Correlations
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IRIDEX Account Relationship Matchups
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IRIDEX income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 688K | 504K | 803K | 1.4M | 2.0M | 2.1M | |
| Interest Expense | 897K | 784K | 3.2M | 1.4M | 1.7M | 1.7M | |
| Total Revenue | 43.4M | 36.3M | 53.9M | 57.0M | 51.9M | 40.7M | |
| Gross Profit | 17.9M | 15.6M | 22.8M | 25.4M | 21.5M | 19.0M | |
| Other Operating Expenses | 52.4M | 42.9M | 61.4M | 64.5M | 61.9M | 43.6M | |
| Operating Income | (9.0M) | (6.6M) | (7.5M) | (7.5M) | (10.0M) | (9.5M) | |
| Ebit | (9.0M) | (6.6M) | (7.5M) | (7.5M) | (10.0M) | (9.5M) | |
| Ebitda | (8.3M) | (6.1M) | (6.7M) | (6.2M) | (8.0M) | (7.6M) | |
| Cost Of Revenue | 25.5M | 20.8M | 31.1M | 31.6M | 30.4M | 21.6M | |
| Total Operating Expenses | 26.9M | 22.1M | 30.4M | 32.9M | 31.5M | 22.0M | |
| Income Before Tax | (8.8M) | (6.3M) | (5.2M) | (7.5M) | (9.5M) | (9.0M) | |
| Total Other Income Expense Net | 209K | 280K | 2.3M | 60K | 527K | 553.4K | |
| Net Income | (8.8M) | (6.3M) | (5.2M) | (7.5M) | (9.6M) | (9.1M) | |
| Income Tax Expense | 48K | 26K | 40K | 65K | 90K | 85.5K | |
| Research Development | 3.7M | 3.3M | 6.9M | 7.2M | 6.6M | 4.9M | |
| Selling General Administrative | 8.4M | 6.6M | 8.9M | 7.6M | 8.7M | 8.2M | |
| Net Income Applicable To Common Shares | (8.8M) | (6.3M) | (5.2M) | (7.5M) | (6.8M) | (6.5M) | |
| Selling And Marketing Expenses | 14.9M | 12.2M | 14.6M | 18.2M | 16.2M | 13.0M | |
| Net Income From Continuing Ops | (8.8M) | (6.3M) | (5.2M) | (7.5M) | (9.6M) | (9.1M) | |
| Non Operating Income Net Other | (107K) | 92K | 209K | 280K | 322K | 338.1K | |
| Tax Provision | 48K | 26K | 40K | 65K | 90K | 85.5K | |
| Reconciled Depreciation | 688K | 504K | 803K | 1.4M | 2.0M | 1.1M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IRIDEX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for IRIDEX Stock analysis
When running IRIDEX's price analysis, check to measure IRIDEX'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 IRIDEX is operating at the current time. Most of IRIDEX's value examination focuses on studying past and present price action to predict the probability of IRIDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRIDEX's price. Additionally, you may evaluate how the addition of IRIDEX to your portfolios can decrease your overall portfolio volatility.
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Is IRIDEX'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 IRIDEX. If investors know IRIDEX 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 IRIDEX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.59) | Revenue Per Share 3.216 | Quarterly Revenue Growth (0.18) | Return On Assets (0.16) | Return On Equity (0.72) |
The market value of IRIDEX is measured differently than its book value, which is the value of IRIDEX that is recorded on the company's balance sheet. Investors also form their own opinion of IRIDEX's value that differs from its market value or its book value, called intrinsic value, which is IRIDEX'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 IRIDEX's market value can be influenced by many factors that don't directly affect IRIDEX'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 IRIDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IRIDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRIDEX'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.