ON24 Gross Profit from 2010 to 2024

ONTF Stock  USD 5.90  0.15  2.48%   
ON24's Gross Profit is increasing over the last several years with slightly volatile swings. Gross Profit is estimated to finish at about 120.5 M this year. Gross Profit is the profit ON24 Inc makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
119.5 M
Current Value
120.5 M
Quarterly Volatility
36.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ON24 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ON24's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 1.9 M or Depreciation And Amortization of 4.5 M, as well as many indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.13 or PTB Ratio of 1.85. ON24 financial statements analysis is a perfect complement when working with ON24 Valuation or Volatility modules.
  
Check out the analysis of ON24 Correlation against competitors.

Latest ON24's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of ON24 Inc over the last few years. Gross profit is a required income statement account that reflects total revenue of ON24 Inc minus its cost of goods sold. It is profit before ON24 operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. ON24's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ON24's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 138.48 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

ON24 Gross Profit Regression Statistics

Arithmetic Mean82,604,131
Geometric Mean76,163,502
Coefficient Of Variation44.58
Mean Deviation32,648,841
Median57,687,000
Standard Deviation36,828,662
Sample Variance1356.4T
Range98.6M
R-Value0.79
Mean Square Error557.8T
R-Squared0.62
Significance0.0005
Slope6,474,371
Total Sum of Squares18988.9T

ON24 Gross Profit History

2024120.5 M
2023119.5 M
2022138.1 M
2021156.2 M
2020123.6 M
201962 M

Other Fundumenentals of ON24 Inc

ON24 Gross Profit component correlations

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About ON24 Financial Statements

ON24 stakeholders use historical fundamental indicators, such as ON24's Gross Profit, to determine how well the company is positioned to perform in the future. Although ON24 investors may analyze each financial statement separately, they are all interrelated. For example, changes in ON24's assets and liabilities are reflected in the revenues and expenses on ON24's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ON24 Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit119.5 M120.5 M
Gross Profit Margin 0.73  0.58 

Currently Active Assets on Macroaxis

When determining whether ON24 Inc is a strong investment it is important to analyze ON24'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 ON24's future performance. For an informed investment choice regarding ON24 Stock, refer to the following important reports:
Check out the analysis of ON24 Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Application Software 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 ON24. If investors know ON24 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 ON24 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.04)
Revenue Per Share
3.642
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.10)
Return On Equity
(0.22)
The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24'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 ON24's market value can be influenced by many factors that don't directly affect ON24'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 ON24's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON24'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.