IAMGold Historical Income Statement

IAG Stock  USD 5.70  0.13  2.33%   
Historical analysis of IAMGold income statement accounts such as Total Revenue of 774 M or Gross Profit of 190.5 M can show how well IAMGold performed in making a profits. Evaluating IAMGold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IAMGold's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining IAMGold 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 IAMGold is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.

About IAMGold Income Statement Analysis

IAMGold 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 IAMGold shareholders. The income statement also shows IAMGold 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).

IAMGold Income Statement Chart

At this time, IAMGold's Operating Income is most likely to decrease significantly in the upcoming years. The IAMGold's current Income Before Tax is estimated to increase to about 134.6 M, while Total Revenue is projected to decrease to roughly 774 M.

Total Revenue

Total revenue comprises all receipts IAMGold 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 IAMGold minus its cost of goods sold. It is profit before IAMGold 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 IAMGold. It is also known as IAMGold 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 IAMGold income statement and represents the costs associated with goods and services IAMGold 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.

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 IAMGold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IAMGold 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.At this time, IAMGold's Operating Income is most likely to decrease significantly in the upcoming years. The IAMGold's current Income Before Tax is estimated to increase to about 134.6 M, while Total Revenue is projected to decrease to roughly 774 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses172.1M82.6M124.4M90.0M
Cost Of Revenue1.1B810.9M863M583.5M

IAMGold income statement Correlations

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0.30.250.810.210.060.250.420.990.7-0.03-0.06-0.040.150.730.420.36-0.340.2-0.17-0.13-0.25-0.40.040.330.22
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-0.24-0.350.310.54-0.030.970.650.57-0.01-0.130.840.980.710.270.3-0.010.10.3-0.320.39-0.120.040.14-0.23-0.12
-0.22-0.34-0.010.03-0.060.810.230.12-0.04-0.110.840.810.33-0.01-0.13-0.18-0.20.61-0.510.35-0.39-0.330.39-0.13-0.21
-0.23-0.370.310.54-0.040.950.660.58-0.01-0.20.980.810.70.240.26-0.030.070.25-0.30.32-0.10.020.13-0.19-0.12
-0.02-0.120.590.80.150.710.740.790.160.040.710.330.70.50.670.090.51-0.160.150.290.340.49-0.24-0.230.08
0.360.030.890.660.730.320.50.730.710.60.27-0.010.240.50.730.13-0.090.1-0.270.13-0.17-0.070.12-0.090.02
0.18-0.010.790.90.420.340.690.830.380.540.3-0.130.260.670.730.130.22-0.390.18-0.120.390.29-0.22-0.010.06
-0.380.250.390.160.360.050.430.270.42-0.08-0.01-0.18-0.030.090.130.130.190.010.030.2-0.110.1-0.40.30.48
-0.130.28-0.030.31-0.340.00.20.15-0.31-0.380.1-0.20.070.51-0.090.220.19-0.30.580.410.570.95-0.44-0.480.1
-0.090.09-0.07-0.380.20.25-0.18-0.250.220.010.30.610.25-0.160.1-0.390.01-0.3-0.70.54-0.79-0.50.63-0.25-0.33
0.110.43-0.050.1-0.17-0.39-0.08-0.03-0.16-0.17-0.32-0.51-0.30.15-0.270.180.030.58-0.7-0.30.810.66-0.680.060.26
-0.320.02-0.050.01-0.130.310.20.04-0.08-0.390.390.350.320.290.13-0.120.20.410.54-0.3-0.320.250.22-0.58-0.06
0.110.120.020.36-0.25-0.130.120.19-0.27-0.02-0.12-0.39-0.10.34-0.170.39-0.110.57-0.790.81-0.320.68-0.620.050.23
-0.010.3-0.030.4-0.4-0.060.180.19-0.38-0.370.04-0.330.020.49-0.070.290.10.95-0.50.660.250.68-0.5-0.460.07
0.12-0.06-0.14-0.250.040.1-0.18-0.140.010.150.140.390.13-0.240.12-0.22-0.4-0.440.63-0.680.22-0.62-0.5-0.5-0.78
-0.07-0.270.17-0.10.33-0.070.030.00.330.24-0.23-0.13-0.19-0.23-0.09-0.010.3-0.48-0.250.06-0.580.05-0.46-0.50.65
-0.27-0.240.210.050.22-0.010.220.10.25-0.02-0.12-0.21-0.120.080.020.060.480.1-0.330.26-0.060.230.07-0.780.65
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IAMGold Account Relationship Matchups

IAMGold income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K272.1M263.7M234.4M221.7M232.8M
Interest Expense14.4M23.3M5.2M1.5M21M20.0M
Total Revenue1.1B1.1B1.2B1.2B958.8M774.0M
Gross Profit69.6M250.3M2.7M147.9M124.1M190.5M
Other Operating Expenses1.1B1.1B1.3B893.5M987.4M673.5M
Operating Income(22.6M)74.1M(103.3M)58.8M24.4M40.9M
Ebit253.8M120.3M(48.9M)39.2M29.2M27.8M
Ebitda254M392.4M214.8M273.6M250.9M250.1M
Cost Of Revenue995.7M991.4M1.1B810.9M863M583.5M
Total Operating Expenses119.9M74.7M172.1M82.6M124.4M90.0M
Income Before Tax(328.3M)98.8M(319.6M)41.7M128.2M134.6M
Total Other Income Expense Net(305.7M)(46.6M)3M400K103.8M108.9M
Net Income(358.7M)42.6M(255.1M)(36.4M)94.3M99.0M
Income Tax Expense30.4M44.1M(64.5M)78.1M30.7M48.1M
Selling General Administrative40.3M41.7M42M46.8M51.1M38.7M
Net Income Applicable To Common Shares(412.6M)42.6M(254.4M)(70.1M)(63.1M)(59.9M)
Minority Interest72.7M87.3M700K(17.3M)(12.5M)(11.9M)
Discontinued Operations(39.3M)4.1M(167.2M)(16.4M)(14.8M)(14.0M)
Net Income From Continuing Ops(358.7M)54.7M(255.1M)(36.4M)104.9M110.1M
Tax Provision30.4M44.1M(64.5M)78.1M40.6M27.5M
Interest Income16.8M8.9M16.7M6.6M26.4M16.6M
Net Interest Income(1.8M)(14.4M)(1M)(100K)27.3M28.7M
Reconciled Depreciation276.6M268M349.1M242M190M212.3M

Currently Active Assets on Macroaxis

When determining whether IAMGold is a strong investment it is important to analyze IAMGold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IAMGold's future performance. For an informed investment choice regarding IAMGold Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Metals & Mining 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 IAMGold. If investors know IAMGold 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 IAMGold 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
(0.16)
Earnings Share
1.35
Revenue Per Share
2.824
Quarterly Revenue Growth
0.955
Return On Assets
0.0444
The market value of IAMGold is measured differently than its book value, which is the value of IAMGold that is recorded on the company's balance sheet. Investors also form their own opinion of IAMGold's value that differs from its market value or its book value, called intrinsic value, which is IAMGold'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 IAMGold's market value can be influenced by many factors that don't directly affect IAMGold'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 IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IAMGold'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.