Applovin Historical Income Statement
| APP Stock | USD 346.16 1.34 0.39% |
Historical analysis of Applovin Corp income statement accounts such as Ebit of 684.5 M, Income Tax Expense of 25.1 M or Minority Interest of 0.0 can show how well Applovin Corp performed in making a profits. Evaluating Applovin Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Applovin Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Applovin Corp 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 Applovin Corp is a good buy for the upcoming year.
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About Applovin Income Statement Analysis
Applovin Corp 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 Applovin Corp shareholders. The income statement also shows Applovin 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).
Applovin Corp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Applovin Corp 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 Applovin Corp minus its cost of goods sold. It is profit before Applovin Corp 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.Most accounts from Applovin Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Applovin Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Applovin Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Applovin Stock, please use our How to Invest in Applovin Corp guide.At this time, Applovin Corp's Income Before Tax is relatively stable compared to the past year. As of 12/24/2024, Net Income is likely to grow to about 374.5 M, while Depreciation And Amortization is likely to drop slightly above 400.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.8B | 1.6B | 2.2B | 1.6B | Total Revenue | 2.8B | 2.8B | 3.3B | 2.5B |
Applovin Corp income statement Correlations
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Applovin Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Applovin Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 74.0M | 77.9M | 103.2M | 171.9M | 275.7M | 289.4M | |
| Ebit | 194.4M | (67.3M) | 166.7M | (33.3M) | 651.9M | 684.5M | |
| Net Income Applicable To Common Shares | 76.4M | (125.2M) | 39.2M | (192.7M) | (221.7M) | (210.6M) | |
| Income Tax Expense | 7.2M | (9.8M) | 11.0M | 12.2M | 23.9M | 25.1M |
Pair Trading with Applovin Corp
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 Applovin Corp 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 Applovin Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Applovin Stock
| 0.91 | DJCO | Daily Journal Corp Earnings Call This Week | PairCorr |
| 0.88 | AI | C3 Ai Inc | PairCorr |
| 0.89 | AZ | A2Z Smart Technologies | PairCorr |
| 0.9 | BL | Blackline | PairCorr |
Moving against Applovin Stock
| 0.86 | VTEX | VTEX | PairCorr |
| 0.6 | ILLRW | Triller Group Symbol Change | PairCorr |
| 0.58 | VERB | VERB TECHNOLOGY PANY | PairCorr |
The ability to find closely correlated positions to Applovin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applovin Corp 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 Applovin Corp - 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 Applovin Corp to buy it.
The correlation of Applovin Corp 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 Applovin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applovin Corp 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 Applovin Corp 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 Applovin Stock Analysis
When running Applovin Corp's price analysis, check to measure Applovin Corp's 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 Applovin Corp is operating at the current time. Most of Applovin Corp's value examination focuses on studying past and present price action to predict the probability of Applovin Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applovin Corp's price. Additionally, you may evaluate how the addition of Applovin Corp to your portfolios can decrease your overall portfolio volatility.