Evogene Historical Income Statement
EVGN Stock | USD 2.09 0.15 6.70% |
Historical analysis of Evogene income statement accounts such as Selling General Administrative of 5.2 M or Total Revenue of 6 M can show how well Evogene performed in making a profits. Evaluating Evogene income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Evogene's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Evogene 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 Evogene is a good buy for the upcoming year.
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About Evogene Income Statement Analysis
Evogene 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 Evogene shareholders. The income statement also shows Evogene 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).
Evogene Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Evogene 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Evogene. It is also known as Evogene 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.Most accounts from Evogene's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Evogene 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evogene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Evogene Stock, please use our How to Invest in Evogene guide.At this time, Evogene's Net Interest Income is very stable compared to the past year. As of the 4th of November 2024, Reconciled Depreciation is likely to grow to about 2.7 M, while Interest Expense is likely to drop about 109.2 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 3.3M | 115K | 109.3K | Depreciation And Amortization | 2.2M | 2.6M | 2.6M | 2.8M |
Evogene income statement Correlations
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Evogene Account Relationship Matchups
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Evogene income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 5.2M | 2.7M | 2.2M | 2.6M | 2.6M | 2.8M | |
Interest Expense | 386K | 3.0M | 1.4M | 3.3M | 115K | 109.3K | |
Selling General Administrative | 3.8M | 5.3M | 7.3M | 6.5M | 8.7M | 5.2M | |
Total Revenue | 753K | 1.0M | 930K | 1.7M | 5.6M | 6.0M | |
Gross Profit | 419K | 466K | 163K | 766K | 1.4M | 2.1M | |
Other Operating Expenses | 21.9M | 25.9M | 31.9M | 28.6M | 32.0M | 28.6M | |
Operating Income | (21.2M) | (24.8M) | (31.0M) | (26.9M) | (26.4M) | (27.7M) | |
Ebit | (21.2M) | (23.2M) | (29.0M) | (26.4M) | (26.4M) | (27.7M) | |
Research Development | 17.8M | 20.0M | 23.9M | 20.8M | 18.1M | 18.0M | |
Ebitda | (15.9M) | (20.5M) | (26.8M) | (23.8M) | (23.8M) | (25.0M) | |
Cost Of Revenue | 334K | 574K | 767K | 909K | 4.2M | 3.9M | |
Total Operating Expenses | 21.6M | 25.3M | 31.1M | 27.7M | 27.8M | 23.3M | |
Income Before Tax | (19.1M) | (26.2M) | (30.4M) | (29.8M) | (26.0M) | (27.3M) | |
Total Other Income Expense Net | 2.1M | (1.4M) | 521K | (2.8M) | 404.0K | 424.2K | |
Net Income Applicable To Common Shares | (18.1M) | (23.4M) | (27.8M) | (26.6M) | (24.0M) | (25.2M) | |
Net Income | (19.1M) | (23.4M) | (27.8M) | (26.6M) | (23.9M) | (25.1M) | |
Income Tax Expense | 24K | 32K | 13K | 90K | (33K) | (34.7K) | |
Net Income From Continuing Ops | (19.1M) | (26.2M) | (30.4M) | (29.8M) | (22.4M) | (23.6M) | |
Interest Income | 759K | 1.6M | 1.9M | 516K | 631K | 1.1M | |
Minority Interest | 10.1M | 10.8M | 2.7M | 3.2M | 2.2M | 3.7M | |
Tax Provision | 24K | 32K | 13K | 90K | 16K | 15.2K | |
Net Interest Income | 405K | (1.4M) | 521K | (2.8M) | 2.8M | 3.0M | |
Reconciled Depreciation | 2.8M | 2.7M | 2.2M | 2.6M | 2.6M | 2.7M |
Pair Trading with Evogene
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 Evogene 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 Evogene will appreciate offsetting losses from the drop in the long position's value.Moving together with Evogene Stock
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Moving against Evogene Stock
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The ability to find closely correlated positions to Evogene could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evogene 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 Evogene - 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 Evogene to buy it.
The correlation of Evogene 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 Evogene moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evogene 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 Evogene 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evogene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Evogene Stock, please use our How to Invest in Evogene guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 Evogene. If investors know Evogene 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 Evogene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.84) | Revenue Per Share 1.881 | Quarterly Revenue Growth 0.398 | Return On Assets (0.28) | Return On Equity (0.82) |
The market value of Evogene is measured differently than its book value, which is the value of Evogene that is recorded on the company's balance sheet. Investors also form their own opinion of Evogene's value that differs from its market value or its book value, called intrinsic value, which is Evogene'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 Evogene's market value can be influenced by many factors that don't directly affect Evogene'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 Evogene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evogene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evogene'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.