FG Annuities Historical Income Statement
FG Stock | USD 31.72 0.34 1.08% |
Historical analysis of FG Annuities income statement accounts such as Total Revenue of 2.3 B can show how well FG Annuities Life performed in making a profits. Evaluating FG Annuities income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FG Annuities's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining FG Annuities Life 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 FG Annuities Life is a good buy for the upcoming year.
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About FG Annuities Income Statement Analysis
FG Annuities Life 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 FG Annuities shareholders. The income statement also shows FG Annuities 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).
FG Annuities Income Statement Chart
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Total Revenue
Total revenue comprises all receipts FG Annuities Life 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 FG Annuities Life minus its cost of goods sold. It is profit before FG Annuities 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 FG Annuities Life. It is also known as FG Annuities 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from FG Annuities' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FG Annuities Life 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 FG Annuities Life. 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. At this time, FG Annuities' Operating Income is most likely to increase significantly in the upcoming years. The FG Annuities' current EBIT is estimated to increase to about 934.5 M, while Total Revenue is projected to decrease to roughly 2.3 B.
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 2.1B | 4.4B | 5.4B | 5.7B | Total Revenue | 2.2B | 4.5B | 2.7B | 2.3B |
FG Annuities income statement Correlations
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FG Annuities Account Relationship Matchups
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FG Annuities income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Depreciation And Amortization | 97M | 484M | 24M | 412M | 569M | 597.5M | |
Selling General Administrative | 19.9B | 129M | 157M | 232M | 296M | 281.2M | |
Total Revenue | 1.4B | 3.4B | 2.2B | 4.5B | 2.7B | 2.3B | |
Gross Profit | 1.4B | 3.4B | 2.1B | 4.4B | 5.4B | 5.7B | |
Other Operating Expenses | 1.5B | 2.3B | 1.6B | 4.3B | 1.9B | 1.9B | |
Operating Income | (97M) | 1.1B | 627M | 62M | 944M | 991.2M | |
Ebit | 42M | 1.1B | 932M | 62M | 890M | 934.5M | |
Total Operating Expenses | 1.5B | (2.3B) | 1.8B | 4.3B | 1.7B | 977.1M | |
Income Before Tax | (128M) | 1.1B | 598M | (35M) | 778M | 816.9M | |
Net Income Applicable To Common Shares | (186M) | 865M | 481M | (58M) | 622M | 653.1M | |
Net Income | (47M) | 865M | 481M | (58M) | 639M | 671.0M | |
Tax Provision | 9.7B | 220M | 117M | (38M) | 136M | 129.2M | |
Interest Income | 890M | 198M | 29M | 1.9B | 2.7B | 2.8B | |
Ebitda | 139M | 1.5B | 956M | 474M | 1.5B | 1.5B | |
Cost Of Revenue | 169.6B | 213.0B | 102M | 146M | 132M | 125.4M | |
Total Other Income Expense Net | (31M) | (500M) | 903M | (97M) | (166M) | (157.7M) | |
Income Tax Expense | 89M | 220M | 117M | 23M | 136M | 198.1M |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. 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. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Life & Health Insurance 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 FG Annuities. If investors know FG Annuities 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 FG Annuities 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 0.49 | Dividend Share 0.87 | Earnings Share 3.8 | Revenue Per Share | Quarterly Revenue Growth (0.41) |
The market value of FG Annuities Life is measured differently than its book value, which is the value of FG Annuities that is recorded on the company's balance sheet. Investors also form their own opinion of FG Annuities' value that differs from its market value or its book value, called intrinsic value, which is FG Annuities' 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 FG Annuities' market value can be influenced by many factors that don't directly affect FG Annuities' 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 FG Annuities' value and its price as these two are different measures arrived at by different means. Investors typically determine if FG Annuities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FG Annuities' 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.