FARO Historical Income Statement

FARO Stock

USD 26.15 0.65 2.55%

Historical analysis of FARO Technologies income statement accounts such as Total Revenue of 224.1 M or Gross Profit of 123.1 M can show how well FARO Technologies performed in making a profits. Evaluating FARO Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FARO Technologies's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining FARO Technologies 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 FARO Technologies is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.

About FARO Income Statement Analysis

FARO Technologies 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 FARO Technologies shareholders. The income statement also shows FARO 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).

FARO Technologies Income Statement Chart

At this time, FARO Technologies' Depreciation And Amortization is very stable compared to the past year. As of the 21st of November 2024, Interest Expense is likely to grow to about 3.5 M, while Total Revenue is likely to drop about 224.1 M.

Total Revenue Other Operating Expenses Research Development Cost Of Revenue

Total Revenue

Total revenue comprises all receipts FARO Technologies 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 FARO Technologies. It is also known as FARO Technologies 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.

Cost Of Revenue

Cost of Revenue is found on FARO Technologies income statement and represents the costs associated with goods and services FARO Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from FARO Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FARO Technologies 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 FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.At this time, FARO Technologies' Depreciation And Amortization is very stable compared to the past year. As of the 21st of November 2024, Interest Expense is likely to grow to about 3.5 M, while Total Revenue is likely to drop about 224.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	183.9M	175.8M	165.0M	123.1M
Total Revenue	337.8M	345.8M	358.8M	224.1M

Gross Profit Total Revenue

FARO Technologies income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Non Recurring
Depreciation And Amortization		0.43	0.07	-0.03	0.13	-0.45	-0.67	0.29	-0.52	0.17	0.08	-0.36	0.28	-0.31	-0.12	0.55	0.3	-0.37	0.65	-0.07	-0.69	-0.52	-0.81	0.5	0.83
Interest Expense	0.43		0.01	-0.04	0.1	-0.38	-0.53	0.26	-0.49	0.06	0.11	-0.42	0.03	-0.12	-0.77	0.4	0.3	-0.14	0.13	-0.7	-0.01	-0.12	-0.38	0.17	0.61
Total Revenue	0.07	0.01		0.98	0.97	-0.07	0.04	0.81	0.06	0.98	0.96	-0.14	-0.22	-0.18	0.09	0.29	0.86	-0.31	-0.06	0.15	0.09	0.0	0.16	0.04	0.09
Gross Profit	-0.03	-0.04	0.98		0.92	0.05	0.17	0.74	0.19	0.92	0.92	-0.01	-0.17	-0.07	0.14	0.17	0.78	-0.2	-0.16	0.17	0.15	0.11	0.2	-0.1	-0.01
Other Operating Expenses	0.13	0.1	0.97	0.92		-0.28	-0.16	0.89	-0.15	0.99	0.99	-0.33	-0.28	-0.36	0.04	0.45	0.94	-0.47	0.06	0.14	0.04	-0.11	0.1	0.17	0.23
Operating Income	-0.45	-0.38	-0.07	0.05	-0.28		0.95	-0.44	0.98	-0.21	-0.29	0.96	0.31	0.9	0.2	-0.87	-0.47	0.88	-0.69	-0.02	0.34	0.75	0.46	-0.7	-0.71
Ebit	-0.67	-0.53	0.04	0.17	-0.16	0.95		-0.38	0.98	-0.12	-0.16	0.9	0.16	0.81	0.27	-0.87	-0.4	0.79	-0.72	0.08	0.47	0.72	0.64	-0.69	-0.86
Research Development	0.29	0.26	0.81	0.74	0.89	-0.44	-0.38		-0.37	0.85	0.91	-0.49	-0.22	-0.51	0.01	0.65	0.96	-0.58	0.14	0.16	-0.13	-0.07	-0.19	0.1	0.52
Ebitda	-0.52	-0.49	0.06	0.19	-0.15	0.98	0.98	-0.37		-0.09	-0.16	0.94	0.25	0.85	0.27	-0.86	-0.38	0.82	-0.67	0.08	0.37	0.71	0.54	-0.67	-0.78
Cost Of Revenue	0.17	0.06	0.98	0.92	0.99	-0.21	-0.12	0.85	-0.09		0.96	-0.27	-0.26	-0.29	0.04	0.41	0.91	-0.42	0.05	0.12	0.02	-0.12	0.11	0.18	0.2
Total Operating Expenses	0.08	0.11	0.96	0.92	0.99	-0.29	-0.16	0.91	-0.16	0.96		-0.36	-0.3	-0.38	0.04	0.46	0.94	-0.49	0.02	0.15	0.07	-0.06	0.09	0.09	0.23
Income Before Tax	-0.36	-0.42	-0.14	-0.01	-0.33	0.96	0.9	-0.49	0.94	-0.27	-0.36		0.53	0.92	0.25	-0.92	-0.51	0.9	-0.5	0.05	0.13	0.63	0.34	-0.58	-0.64
Total Other Income Expense Net	0.28	0.03	-0.22	-0.17	-0.28	0.31	0.16	-0.22	0.25	-0.26	-0.3	0.53		0.52	0.07	-0.47	-0.23	0.51	0.26	0.03	-0.62	0.11	-0.4	-0.05	0.16
Net Income	-0.31	-0.12	-0.18	-0.07	-0.36	0.9	0.81	-0.51	0.85	-0.29	-0.38	0.92	0.52		-0.15	-0.89	-0.51	0.99	-0.52	-0.34	0.25	0.64	0.36	-0.57	-0.58
Income Tax Expense	-0.12	-0.77	0.09	0.14	0.04	0.2	0.27	0.01	0.27	0.04	0.04	0.25	0.07	-0.15		-0.12	-0.03	-0.16	0.02	0.96	-0.3	-0.01	-0.05	-0.04	-0.19
Selling General Administrative	0.55	0.4	0.29	0.17	0.45	-0.87	-0.87	0.65	-0.86	0.41	0.46	-0.92	-0.47	-0.89	-0.12		0.63	-0.91	0.52	0.05	-0.27	-0.57	-0.51	0.49	0.77
Selling And Marketing Expenses	0.3	0.3	0.86	0.78	0.94	-0.47	-0.4	0.96	-0.38	0.91	0.94	-0.51	-0.23	-0.51	-0.03	0.63		-0.6	0.19	0.1	-0.1	-0.2	-0.11	0.26	0.49
Net Income From Continuing Ops	-0.37	-0.14	-0.31	-0.2	-0.47	0.88	0.79	-0.58	0.82	-0.42	-0.49	0.9	0.51	0.99	-0.16	-0.91	-0.6		-0.53	-0.34	0.27	0.67	0.38	-0.6	-0.6
Non Operating Income Net Other	0.65	0.13	-0.06	-0.16	0.06	-0.69	-0.72	0.14	-0.67	0.05	0.02	-0.5	0.26	-0.52	0.02	0.52	0.19	-0.53		0.14	-0.75	-0.77	-0.66	0.74	0.66
Tax Provision	-0.07	-0.7	0.15	0.17	0.14	-0.02	0.08	0.16	0.08	0.12	0.15	0.05	0.03	-0.34	0.96	0.05	0.1	-0.34	0.14		-0.38	-0.13	-0.12	0.08	-0.05
Interest Income	-0.69	-0.01	0.09	0.15	0.04	0.34	0.47	-0.13	0.37	0.02	0.07	0.13	-0.62	0.25	-0.3	-0.27	-0.1	0.27	-0.75	-0.38		0.51	0.82	-0.49	-0.66
Net Interest Income	-0.52	-0.12	0.0	0.11	-0.11	0.75	0.72	-0.07	0.71	-0.12	-0.06	0.63	0.11	0.64	-0.01	-0.57	-0.2	0.67	-0.77	-0.13	0.51		0.41	-0.95	-0.5
Reconciled Depreciation	-0.81	-0.38	0.16	0.2	0.1	0.46	0.64	-0.19	0.54	0.11	0.09	0.34	-0.4	0.36	-0.05	-0.51	-0.11	0.38	-0.66	-0.12	0.82	0.41		-0.32	-0.85
Extraordinary Items	0.5	0.17	0.04	-0.1	0.17	-0.7	-0.69	0.1	-0.67	0.18	0.09	-0.58	-0.05	-0.57	-0.04	0.49	0.26	-0.6	0.74	0.08	-0.49	-0.95	-0.32		0.48
Non Recurring	0.83	0.61	0.09	-0.01	0.23	-0.71	-0.86	0.52	-0.78	0.2	0.23	-0.64	0.16	-0.58	-0.19	0.77	0.49	-0.6	0.66	-0.05	-0.66	-0.5	-0.85	0.48

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FARO Technologies Account Relationship Matchups

FARO Technologies income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	14.5M	13.7M	14.1M	15.5M	16.3M
Interest Expense	781K	15.8M	55K	36K	3.3M	3.5M
Total Revenue	381.8M	303.8M	337.8M	345.8M	358.8M	224.1M
Gross Profit	198.1M	159.8M	183.9M	175.8M	165.0M	123.1M
Other Operating Expenses	405.2M	318.6M	338.9M	366.1M	408.4M	218.8M
Operating Income	(23.4M)	(14.9M)	(1.1M)	(20.3M)	(49.5M)	(47.1M)
Ebit	(6.7M)	(30.8M)	(8.5M)	(21.7M)	(50.7M)	(48.2M)
Research Development	44.2M	42.9M	48.8M	49.4M	41.8M	20.9M
Ebitda	(6.5M)	(16.2M)	5.2M	(7.6M)	(35.2M)	(33.5M)
Cost Of Revenue	183.6M	143.9M	153.9M	170.0M	193.8M	101.0M
Total Operating Expenses	221.6M	174.7M	185.0M	196.1M	199.1M	117.2M
Income Before Tax	(61.0M)	(30.8M)	(8.6M)	(21.7M)	(54.1M)	(51.4M)
Total Other Income Expense Net	(37.6M)	(91K)	(125K)	3.3M	(4.5M)	(4.3M)
Net Income	(62.1M)	629K	(40.0M)	(26.8M)	(56.6M)	(53.7M)
Income Tax Expense	1.1M	(31.4M)	31.4M	5.1M	2.5M	3.1M
Selling General Administrative	177.4M	131.8M	136.2M	146.7M	155.8M	163.6M
Net Income Applicable To Common Shares	(62.1M)	629K	(40.0M)	(26.8M)	(24.1M)	(22.9M)
Net Income From Continuing Ops	(62.1M)	629K	(40.0M)	(26.8M)	(60.4M)	(57.4M)
Non Operating Income Net Other	(1.6M)	(91K)	(70K)	3.2M	3.7M	3.9M
Tax Provision	1.1M	(31.4M)	31.4M	5.1M	5.6M	4.1M
Interest Income	714K	340K	0.0	36K	32.4K	30.8K
Net Interest Income	(67K)	340K	(55K)	36K	(2.5M)	(2.4M)
Reconciled Depreciation	18.5M	14.2M	13.4M	14.0M	15.7M	12.6M

Pair Trading with FARO Technologies

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 FARO Technologies 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 FARO Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with FARO Stock

0.66

ELSE

Electro Sensors

Pair Corr

Moving against FARO Stock

0.69	ST	Sensata Technologies	Pair Corr
0.64	VPG	Vishay Precision	Pair Corr
0.54	SVREW	SaverOne 2014	Pair Corr
0.5	WATT	Energous	Pair Corr
0.35	KNW	Know Labs Fiscal Year End 17th of December 2024	Pair Corr

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

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

When determining whether FARO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FARO Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Faro Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Faro Technologies Stock:

How To Invest In FARO

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Is FARO Stock a good investment?

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What is FARO Technologies' Net Worth?

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Largest Electronic Equipment, Instruments & Components Companies

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Largest Scientific & Technical Instruments Companies

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To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Is Electronic Equipment, Instruments & Components 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 FARO Technologies. If investors know FARO 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 FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.33)

Revenue Per Share

18.152

Quarterly Revenue Growth

(0.05)

Return On Assets

0.013

Return On Equity

(0.03)

The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' 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 FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' 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 FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' 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.

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FARO Historical Income Statement

About FARO Income Statement Analysis

FARO Technologies Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

FARO Technologies income statement Correlations

FARO Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FARO Technologies income statement Accounts

Pair Trading with FARO Technologies

Moving together with FARO Stock

Moving against FARO Stock

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COMPANY

Cost Of Revenue	+ 0.99	Other Operating Expenses
Total Operating Expenses	+ 0.99	Other Operating Expenses
Net Income From Continuing Ops	+ 0.99	Net Income
Gross Profit	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Total Revenue
Ebitda	+ 0.98	Operating Income

Extraordinary Items	- 0.95	Net Interest Income
Selling General Administrative	- 0.92	Income Before Tax
Net Income From Continuing Ops	- 0.91	Selling General Administrative
Selling General Administrative	- 0.89	Net Income
Selling General Administrative	- 0.87	Ebit
Selling General Administrative	- 0.87	Operating Income