Anika Historical Income Statement

ANIK Stock  USD 17.25  0.25  1.47%   
Historical analysis of Anika Therapeutics income statement accounts such as Interest Expense of 1.3 M, Selling General Administrative of 103.5 M or Total Revenue of 175 M can show how well Anika Therapeutics performed in making a profits. Evaluating Anika Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Anika Therapeutics's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Anika Therapeutics 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 Anika Therapeutics is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anika Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Anika Stock please use our How to buy in Anika Stock guide.

About Anika Income Statement Analysis

Anika Therapeutics 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 Anika Therapeutics shareholders. The income statement also shows Anika 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).

Anika Therapeutics Income Statement Chart

At this time, Anika Therapeutics' Cost Of Revenue is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 135 M this year, although the value of EBIT is projected to rise to (24.2 M).

Total Revenue

Total revenue comprises all receipts Anika Therapeutics 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 Anika Therapeutics minus its cost of goods sold. It is profit before Anika Therapeutics 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 Anika Therapeutics. It is also known as Anika Therapeutics 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Anika Therapeutics income statement and is an important metric when analyzing Anika Therapeutics profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Anika Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Anika Therapeutics 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Anika Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Anika Stock please use our How to buy in Anika Stock guide.At this time, Anika Therapeutics' Cost Of Revenue is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 135 M this year, although the value of EBIT is projected to rise to (24.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit82.9M93.6M103.1M108.2M
Total Revenue147.8M156.2M166.7M175.0M

Anika Therapeutics income statement Correlations

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-0.7-0.03-0.69-0.33-0.02-0.690.970.970.98-0.68-0.680.830.75-0.61-0.230.9-0.050.79-0.71-0.23-0.780.38
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0.870.250.890.810.650.91-0.72-0.71-0.650.860.92-0.71-0.68-0.710.920.62-0.710.64-0.950.560.86-0.52
0.230.50.560.440.510.43-0.23-0.2-0.190.270.49-0.49-0.52-0.230.50.82-0.270.4-0.390.560.2-0.68
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-0.49-0.04-0.72-0.54-0.48-0.620.50.480.46-0.53-0.660.770.820.38-0.62-0.60.58-0.350.49-0.52-0.68-0.41
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Anika Therapeutics Account Relationship Matchups

Anika Therapeutics income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization6.0M15.0M16.0M14.5M14.2M14.9M
Interest Expense7.9M302K188K654K2.3M1.3M
Selling General Administrative35.0M60.1M53.0M84.8M98.6M103.5M
Total Revenue114.6M130.5M147.8M156.2M166.7M175.0M
Gross Profit85.9M69.0M82.9M93.6M103.1M108.2M
Other Operating Expenses80.4M144.9M166.3M175.6M192.1M201.7M
Operating Income34.2M(14.5M)(18.5M)(19.4M)(25.4M)(24.2M)
Ebit34.2M(27.8M)(13.4M)(19.4M)(25.5M)(24.2M)
Ebitda40.2M(12.8M)2.6M(4.9M)(11.2M)(10.7M)
Cost Of Revenue28.7M61.4M64.9M62.7M63.6M66.8M
Total Operating Expenses51.6M83.5M101.4M113.0M128.5M135.0M
Income Before Tax36.1M(28.6M)2.4M(18.7M)(85.3M)(81.1M)
Net Income27.2M(24.0M)4.1M(14.9M)(82.7M)(78.5M)
Income Tax Expense8.9M(4.6M)(1.7M)(3.9M)(2.7M)(2.5M)
Research Development16.7M23.4M27.3M28.2M32.7M34.3M
Total Other Income Expense Net1.9M(302K)(188K)654K2.3M2.4M
Net Income Applicable To Common Shares27.2M(24.0M)4.1M(14.9M)(17.1M)(16.2M)
Net Income From Continuing Ops27.2M(24.0M)4.1M(14.9M)(24.6M)(23.3M)
Tax Provision8.9M(4.6M)(1.7M)(3.9M)(3.9M)(3.7M)
Net Interest Income1.9M(302K)(188K)654K2.0M2.1M
Reconciled Depreciation6.0M13.5M14.3M14.5M14.3M11.4M

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When determining whether Anika Therapeutics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Anika Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Anika Therapeutics Stock. Highlighted below are key reports to facilitate an investment decision about Anika Therapeutics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anika Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Anika Stock please use our How to buy in Anika Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Biotechnology 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 Anika Therapeutics. If investors know Anika 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 Anika Therapeutics 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
(0.51)
Earnings Share
(6.64)
Revenue Per Share
11.139
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.04)
The market value of Anika Therapeutics is measured differently than its book value, which is the value of Anika that is recorded on the company's balance sheet. Investors also form their own opinion of Anika Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Anika Therapeutics' 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 Anika Therapeutics' market value can be influenced by many factors that don't directly affect Anika Therapeutics' 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 Anika Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Anika Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anika Therapeutics' 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.