Digimarc Income Statement Research
| DMRC Stock | USD 22.23 0.01 0.04% |
Digimarc |
Most accounts from Digimarc's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Digimarc 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 Digimarc Valuation and Digimarc Correlation analysis. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.At present, Digimarc's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Non Operating Income Net Other is expected to grow to about 2.5 M, whereas Interest Expense is forecasted to decline to about 801.6 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.7M | 15.3M | 20.2M | 19.5M | Total Revenue | 26.5M | 30.2M | 34.9M | 28.4M |
Digimarc income statement Correlations
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Digimarc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Digimarc income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 912K | 277K | 10.2M | 982K | 1.1M | 801.6K | |
| Total Revenue | 23.0M | 24.0M | 26.5M | 30.2M | 34.9M | 28.4M | |
| Gross Profit | 15.0M | 16.1M | 17.7M | 15.3M | 20.2M | 19.5M | |
| Operating Income | (33.7M) | (32.8M) | (39.9M) | (59.6M) | (48.2M) | (45.8M) | |
| Ebit | (33.7M) | (32.8M) | (39.9M) | (59.6M) | (47.7M) | (45.3M) | |
| Research Development | 18.0M | 17.3M | 17.5M | 26.5M | 26.6M | 14.4M | |
| Ebitda | (31.5M) | (30.0M) | (42.4M) | (50.1M) | (39.6M) | (37.6M) | |
| Cost Of Revenue | 8.0M | 7.9M | 8.8M | 14.9M | 14.7M | 8.9M | |
| Income Before Tax | (32.8M) | (32.5M) | (34.7M) | (59.7M) | (45.8M) | (43.5M) | |
| Net Income | (32.8M) | (32.5M) | (34.8M) | (59.8M) | (46.0M) | (43.7M) | |
| Tax Provision | 21K | 1K | 16K | 97K | 90K | 94.5K |
Pair Trading with Digimarc
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 Digimarc 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 Digimarc will appreciate offsetting losses from the drop in the long position's value.Moving together with Digimarc Stock
| 0.93 | G | Genpact Limited Financial Report 8th of May 2024 | PairCorr |
Moving against Digimarc Stock
| 0.87 | FIS | Fidelity National | PairCorr |
| 0.7 | DTST | Data Storage Corp | PairCorr |
| 0.66 | FI | Fiserv Inc Symbol Change | PairCorr |
| 0.46 | WAVD | Wavedancer | PairCorr |
The ability to find closely correlated positions to Digimarc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digimarc 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 Digimarc - 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 Digimarc to buy it.
The correlation of Digimarc 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 Digimarc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digimarc 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 Digimarc 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.Check out Digimarc Valuation and Digimarc Correlation analysis. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Digimarc Stock analysis
When running Digimarc's price analysis, check to measure Digimarc'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 Digimarc is operating at the current time. Most of Digimarc's value examination focuses on studying past and present price action to predict the probability of Digimarc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digimarc's price. Additionally, you may evaluate how the addition of Digimarc to your portfolios can decrease your overall portfolio volatility.
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Is Digimarc'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 Digimarc. If investors know Digimarc 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 Digimarc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.26) | Revenue Per Share 1.715 | Quarterly Revenue Growth 0.286 | Return On Assets (0.31) | Return On Equity (0.58) |
The market value of Digimarc is measured differently than its book value, which is the value of Digimarc that is recorded on the company's balance sheet. Investors also form their own opinion of Digimarc's value that differs from its market value or its book value, called intrinsic value, which is Digimarc'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 Digimarc's market value can be influenced by many factors that don't directly affect Digimarc'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 Digimarc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digimarc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digimarc'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.