Spire Gross Profit from 2010 to 2024

SPIR Stock

USD 13.48 0.14 1.05%

Spire Global Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 32.9 M. Gross Profit is the profit Spire Global 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

63.3 M

Current Value

32.9 M

Quarterly Volatility

18.3 M

Credit Downgrade

Yuan Drop

Covid

Check Spire Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spire Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.6 M, Interest Expense of 11.3 M or Selling General Administrative of 33.1 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0 or PTB Ratio of 2.28. Spire financial statements analysis is a perfect complement when working with Spire Global Valuation or Volatility modules.

Check out the analysis of Spire Global Correlation against competitors.

To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.

Latest Spire Global's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Spire Global over the last few years. Gross profit is a required income statement account that reflects total revenue of Spire Global minus its cost of goods sold. It is profit before Spire Global 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. Spire Global's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spire Global's overall financial position and show how it may be relating to other accounts over time.

View

Last Reported 39.94 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Spire Gross Profit Regression Statistics

	Arithmetic Mean	14,344,743
	Geometric Mean	7,534,478
	Coefficient Of Variation	127.27
	Mean Deviation	14,303,657
	Median	3,617,000
	Standard Deviation	18,256,610
	Sample Variance	333.3T
	Range	59.7M
	R-Value	0.76
	Mean Square Error	149.7T
	R-Squared	0.58
	Significance	0.0009
	Slope	3,116,596
	Total Sum of Squares	4666.3T

Spire Gross Profit History

	2024	32.9 M
	2023	63.3 M
	2022	39.9 M
	2021	24.7 M
	2020	18.2 M

Other Fundumenentals of Spire Global

Gross Profit Margin

Spire Global Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Deferred Long Term Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Short Term Investments	Net Invested Capital	Capital Stock	Net Working Capital	Capital Surpluse
Total Assets		0.96	0.97	0.06	-0.78	0.95	0.92	0.85	0.92	0.96	-0.7	1.0	0.79	0.97	0.72	0.35	-0.98	1.0	-0.98	0.87	-0.46
Total Stockholder Equity	0.96		0.89	-0.2	-0.61	0.83	0.78	0.67	0.81	1.0	-0.65	0.97	0.85	0.86	0.51	0.09	-0.92	0.95	-0.91	0.96	-0.32
Net Tangible Assets	0.97	0.89		0.27	-0.9	0.94	0.94	0.89	0.88	0.89	-0.63	0.95	0.65	0.95	0.81	0.5	-0.99	0.98	-1.0	0.73	-0.65
Net Debt	0.06	-0.2	0.27		-0.65	0.25	0.4	0.53	0.2	-0.18	0.0	0.0	-0.34	0.24	0.66	0.89	-0.19	0.11	-0.22	-0.42	-0.66
Retained Earnings	-0.78	-0.61	-0.9	-0.65		-0.86	-0.91	-0.93	-0.79	-0.62	0.54	-0.75	-0.34	-0.84	-0.92	-0.76	0.87	-0.82	0.88	-0.39	0.84
Accounts Payable	0.95	0.83	0.94	0.25	-0.86		0.96	0.94	0.96	0.83	-0.7	0.93	0.58	0.98	0.85	0.52	-0.95	0.95	-0.95	0.7	-0.57
Net Receivables	0.92	0.78	0.94	0.4	-0.91	0.96		0.98	0.93	0.78	-0.6	0.9	0.59	0.98	0.92	0.68	-0.93	0.93	-0.94	0.62	-0.56
Total Liab	0.85	0.67	0.89	0.53	-0.93	0.94	0.98		0.92	0.68	-0.63	0.82	0.49	0.95	0.95	0.75	-0.88	0.87	-0.89	0.51	-0.61
Deferred Long Term Liab	0.92	0.81	0.88	0.2	-0.79	0.96	0.93	0.92		0.82	-0.84	0.92	0.7	0.96	0.76	0.44	-0.91	0.92	-0.91	0.74	-0.43
Total Current Assets	0.96	1.0	0.89	-0.18	-0.62	0.83	0.78	0.68	0.82		-0.7	0.97	0.87	0.86	0.5	0.09	-0.92	0.95	-0.92	0.96	-0.33
Short Term Debt	-0.7	-0.65	-0.63	0.0	0.54	-0.7	-0.6	-0.63	-0.84	-0.7		-0.72	-0.65	-0.67	-0.36	-0.05	0.69	-0.7	0.68	-0.7	0.3
Intangible Assets	1.0	0.97	0.95	0.0	-0.75	0.93	0.9	0.82	0.92	0.97	-0.72		0.81	0.95	0.68	0.29	-0.98	0.99	-0.97	0.89	-0.43
Common Stock	0.79	0.85	0.65	-0.34	-0.34	0.58	0.59	0.49	0.7	0.87	-0.65	0.81		0.68	0.25	-0.05	-0.69	0.77	-0.69	0.93	0.09
Property Plant Equipment	0.97	0.86	0.95	0.24	-0.84	0.98	0.98	0.95	0.96	0.86	-0.67	0.95	0.68		0.85	0.54	-0.95	0.96	-0.96	0.74	-0.48
Current Deferred Revenue	0.72	0.51	0.81	0.66	-0.92	0.85	0.92	0.95	0.76	0.5	-0.36	0.68	0.25	0.85		0.88	-0.77	0.74	-0.79	0.29	-0.67
Long Term Debt	0.35	0.09	0.5	0.89	-0.76	0.52	0.68	0.75	0.44	0.09	-0.05	0.29	-0.05	0.54	0.88		-0.43	0.38	-0.46	-0.14	-0.58
Short Term Investments	-0.98	-0.92	-0.99	-0.19	0.87	-0.95	-0.93	-0.88	-0.91	-0.92	0.69	-0.98	-0.69	-0.95	-0.77	-0.43		-0.99	1.0	-0.79	0.61
Net Invested Capital	1.0	0.95	0.98	0.11	-0.82	0.95	0.93	0.87	0.92	0.95	-0.7	0.99	0.77	0.96	0.74	0.38	-0.99		-0.99	0.84	-0.51
Capital Stock	-0.98	-0.91	-1.0	-0.22	0.88	-0.95	-0.94	-0.89	-0.91	-0.92	0.68	-0.97	-0.69	-0.96	-0.79	-0.46	1.0	-0.99		-0.78	0.61
Net Working Capital	0.87	0.96	0.73	-0.42	-0.39	0.7	0.62	0.51	0.74	0.96	-0.7	0.89	0.93	0.74	0.29	-0.14	-0.79	0.84	-0.78		-0.07
Capital Surpluse	-0.46	-0.32	-0.65	-0.66	0.84	-0.57	-0.56	-0.61	-0.43	-0.33	0.3	-0.43	0.09	-0.48	-0.67	-0.58	0.61	-0.51	0.61	-0.07

Click cells to compare fundamentals

About Spire Global Financial Statements

Spire Global shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Spire Global investors may analyze each financial statement separately, they are all interrelated. The changes in Spire Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spire Global's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	63.3 M	32.9 M
Gross Profit Margin	0.60	0.40

Pair Trading with Spire Global

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

Moving together with Spire Stock

0.68	G	Genpact Limited	Pair Corr
0.68	BR	Broadridge Financial	Pair Corr

Moving against Spire Stock

0.78	VCIG	VCI Global Limited	Pair Corr
0.68	WHLM	Wilhelmina	Pair Corr
0.66	MG	Mistras Group	Pair Corr
0.59	DLHC	DLH Holdings Corp Fiscal Year End 4th of December 2024	Pair Corr
0.49	VLTO	Veralto	Pair Corr

The ability to find closely correlated positions to Spire Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spire Global 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 Spire Global - 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 Spire Global to buy it.

The correlation of Spire Global 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 Spire Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spire Global 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 Spire Global 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 Correlation Correlation Matching

Additional Tools for Spire Stock Analysis

When running Spire Global's price analysis, check to measure Spire Global'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 Spire Global is operating at the current time. Most of Spire Global's value examination focuses on studying past and present price action to predict the probability of Spire Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire Global's price. Additionally, you may evaluate how the addition of Spire Global to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC