Luminar Historical Income Statement
| LAZR Stock | USD 5.18 0.14 2.78% |
Historical analysis of Luminar Technologies income statement accounts such as Selling And Marketing Expenses of 55.8 M can show how well Luminar Technologies performed in making a profits. Evaluating Luminar Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Luminar Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Luminar 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 Luminar Technologies is a good buy for the upcoming year.
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About Luminar Income Statement Analysis
Luminar 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 Luminar Technologies shareholders. The income statement also shows Luminar 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).
Luminar Technologies Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Luminar 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Luminar Technologies minus its cost of goods sold. It is profit before Luminar Technologies 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 Luminar Technologies. It is also known as Luminar 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.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 Luminar Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Luminar 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luminar 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 nation. To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.At this time, Luminar Technologies' Total Operating Expenses is relatively stable compared to the past year. As of 12/26/2024, Tax Provision is likely to grow to about 1.8 M, though Gross Profit is likely to grow to (69.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 200.4M | 382.1M | 490.6M | 515.1M | Cost Of Revenue | 46.1M | 101.0M | 142.5M | 149.6M |
Luminar Technologies income statement Correlations
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Luminar Technologies Account Relationship Matchups
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Luminar Technologies income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.3M | 2.5M | 7.9M | 11.8M | 33.6M | 35.3M | |
| Interest Expense | 2.2M | 2.9M | 2.0M | 11.1M | 11.0M | 11.6M | |
| Selling General Administrative | 16.9M | 29.3M | 93.7M | 158.2M | 159.8M | 87.9M | |
| Selling And Marketing Expenses | 4.7M | 7.9M | 17.9M | 38.7M | 53.1M | 55.8M | |
| Total Revenue | 12.6M | 14.0M | 31.9M | 40.7M | 69.8M | 73.3M | |
| Gross Profit | (4.1M) | (11.0M) | (14.1M) | (60.3M) | (72.7M) | (69.1M) | |
| Other Operating Expenses | 75.2M | 100.8M | 246.5M | 483.1M | 633.1M | 664.7M | |
| Operating Income | (62.6M) | (86.9M) | (214.6M) | (442.4M) | (563.3M) | (535.1M) | |
| Ebit | (61.9M) | (367.4M) | (247.7M) | (437.4M) | (564.0M) | (535.8M) | |
| Research Development | 37.0M | 38.7M | 88.9M | 185.3M | 262.2M | 275.3M | |
| Ebitda | (59.6M) | (364.9M) | (239.9M) | (425.6M) | (530.4M) | (503.9M) | |
| Cost Of Revenue | 16.7M | 25.0M | 46.1M | 101.0M | 142.5M | 149.6M | |
| Total Operating Expenses | 58.6M | 75.9M | 200.4M | 382.1M | 490.6M | 515.1M | |
| Income Before Tax | (94.7M) | (362.3M) | (239.2M) | (445.3M) | (569.6M) | (541.1M) | |
| Total Other Income Expense Net | (32.1M) | (275.4M) | (24.7M) | (2.9M) | (6.3M) | (6.6M) | |
| Net Income Applicable To Common Shares | (100M) | (369.1M) | (238.0M) | (445.9M) | (401.3M) | (381.3M) | |
| Net Income | (97.0M) | (365.2M) | (238.0M) | (445.9M) | (571.3M) | (542.7M) | |
| Income Tax Expense | 2.2M | 2.9M | (1.3M) | 672K | 1.7M | 868.3K |
Pair Trading with Luminar 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 Luminar 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 Luminar Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Luminar Stock
| 0.83 | GTX | Garrett Motion | PairCorr |
| 0.63 | DAN | Dana Inc | PairCorr |
| 0.47 | DORM | Dorman Products | PairCorr |
| 0.45 | WKSP | Worksport | PairCorr |
| 0.43 | FRSX | Foresight Autonomous Buyout Trend | PairCorr |
The ability to find closely correlated positions to Luminar 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 Luminar 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 Luminar 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 Luminar Technologies to buy it.
The correlation of Luminar 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 Luminar Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luminar 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 Luminar 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.Additional Tools for Luminar Stock Analysis
When running Luminar Technologies' price analysis, check to measure Luminar Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.