Enveric Historical Income Statement

ENVB Stock  USD 0.44  0.04  8.33%   
Historical analysis of Enveric Biosciences income statement accounts such as Total Revenue of 0.0 or Other Operating Expenses of 15.6 K can show how well Enveric Biosciences performed in making a profits. Evaluating Enveric Biosciences income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Enveric Biosciences's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Enveric Biosciences 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 Enveric Biosciences is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enveric Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.

About Enveric Income Statement Analysis

Enveric Biosciences 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 Enveric Biosciences shareholders. The income statement also shows Enveric 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).

Enveric Biosciences Income Statement Chart

At present, Enveric Biosciences' Income Tax Expense is projected to decrease significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to 3,157, whereas Depreciation And Amortization is forecasted to decline to 326.78.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Enveric Biosciences. It is also known as Enveric Biosciences 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 Enveric Biosciences income statement and represents the costs associated with goods and services Enveric Biosciences 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 Enveric Biosciences' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Enveric Biosciences 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 Enveric Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.At present, Enveric Biosciences' Income Tax Expense is projected to decrease significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to 3,157, whereas Depreciation And Amortization is forecasted to decline to 326.78.
 2021 2022 2023 2024 (projected)
Total Operating Expenses25.9M20.0M16.4K15.6K
Cost Of Revenue681.6K435.2K408.0K387.6K

Enveric Biosciences income statement Correlations

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0.810.890.730.830.08-0.040.070.870.42-0.030.20.02-0.43-0.330.320.730.55-0.520.320.210.28
0.770.890.760.690.220.080.20.810.280.110.260.16-0.51-0.480.230.720.52-0.690.510.350.41
0.780.730.760.730.210.140.250.930.280.120.280.17-0.47-0.410.210.750.4-0.670.410.590.34
0.950.830.690.73-0.3-0.43-0.30.880.79-0.38-0.05-0.34-0.010.040.670.820.28-0.29-0.010.180.31
-0.130.080.220.21-0.30.950.960.09-0.790.970.660.99-0.79-0.71-0.780.020.47-0.490.810.41-0.2
-0.25-0.040.080.14-0.430.950.99-0.01-0.890.920.60.93-0.81-0.78-0.82-0.10.33-0.460.660.46-0.25
-0.120.070.20.25-0.30.960.990.12-0.820.910.640.93-0.86-0.82-0.760.030.41-0.530.690.5-0.22
0.920.870.810.930.880.09-0.010.120.440.00.20.04-0.38-0.330.340.850.43-0.570.30.450.28
0.640.420.280.280.79-0.79-0.89-0.820.44-0.81-0.42-0.80.550.560.90.49-0.090.17-0.45-0.210.33
-0.25-0.030.110.12-0.380.970.920.910.0-0.810.490.98-0.66-0.63-0.8-0.120.27-0.40.810.38-0.22
0.170.20.260.28-0.050.660.60.640.2-0.420.490.63-0.7-0.41-0.470.370.88-0.450.490.25-0.08
-0.180.020.160.17-0.340.990.930.930.04-0.80.980.63-0.72-0.65-0.8-0.030.42-0.440.810.38-0.21
-0.18-0.43-0.51-0.47-0.01-0.79-0.81-0.86-0.380.55-0.66-0.7-0.720.830.43-0.24-0.640.66-0.62-0.490.04
-0.14-0.33-0.48-0.410.04-0.71-0.78-0.82-0.330.56-0.63-0.41-0.650.830.47-0.22-0.310.54-0.49-0.410.19
0.530.320.230.210.67-0.78-0.82-0.760.340.9-0.8-0.47-0.80.430.470.31-0.180.2-0.51-0.160.29
0.940.730.720.750.820.02-0.10.030.850.49-0.120.37-0.03-0.24-0.220.310.56-0.450.190.250.19
0.450.550.520.40.280.470.330.410.43-0.090.270.880.42-0.64-0.31-0.180.56-0.40.410.06-0.02
-0.4-0.52-0.69-0.67-0.29-0.49-0.46-0.53-0.570.17-0.4-0.45-0.440.660.540.2-0.45-0.4-0.74-0.84-0.6
0.090.320.510.41-0.010.810.660.690.3-0.450.810.490.81-0.62-0.49-0.510.190.41-0.740.560.31
0.260.210.350.590.180.410.460.50.45-0.210.380.250.38-0.49-0.41-0.160.250.06-0.840.560.51
0.270.280.410.340.31-0.2-0.25-0.220.280.33-0.22-0.08-0.210.040.190.290.19-0.02-0.60.310.51
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Enveric Biosciences Account Relationship Matchups

Enveric Biosciences income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.3M120.9K681.6K435.2K343.98326.78
Interest Expense691.1K445.3K10.3K5.2K3.7K3.5K
Gross Profit8.2M(120.9K)(681.6K)(435.2K)(408.0K)(387.6K)
Other Operating Expenses46.2M5.6M25.9M20.0M16.4K15.6K
Operating Income(6.3M)(5.6M)(64.6M)(27.4M)(16.4K)(17.3K)
Ebit(6.3M)(6.5M)(27.1M)(20.0M)(16.4K)(17.3K)
Ebitda(4.1M)(6.4M)(26.4M)(19.5M)(16.1K)(16.9K)
Cost Of Revenue31.8M120.9K681.6K435.2K408.0K387.6K
Total Operating Expenses14.5M5.6M25.9M20.0M16.4K15.6K
Net Income(5.6M)(6.4M)(49.0M)(18.5M)(17.3K)(18.2K)
Income Tax Expense388.7K(477.7K)(7.5M)(1.5M)28.9130.36
Income Before Tax(5.2M)(6.9M)(56.4M)(20.0M)(17.3K)(18.1K)
Total Other Income Expense Net1.1M(1.2M)8.2M7.5M(814.38)(773.66)
Selling General Administrative2.3K5.4M20.5M11.6M8.9K8.4K
Tax Provision388.7K415.9K(7.5M)(1.5M)(1.5M)(1.4M)
Net Interest Income(691.1K)(445.3K)(10.3K)(5.2K)3.0K3.2K
Net Income From Continuing Ops(5.6M)(6.9M)(49.0M)(18.5M)(22.5M)(23.7M)
Reconciled Depreciation2.3M120.9K681.6K435.2K414.0K393.3K
Net Income Applicable To Common Shares(1.9M)(2.4M)(6.9M)(49.0M)(44.1M)(41.9M)

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When determining whether Enveric Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enveric Biosciences' 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 Enveric Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enveric Biosciences Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enveric Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Biotechnology 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 Enveric Biosciences. If investors know Enveric 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 Enveric Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.98)
Revenue Per Share
37.678
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.81)
Return On Equity
(2.06)
The market value of Enveric Biosciences is measured differently than its book value, which is the value of Enveric that is recorded on the company's balance sheet. Investors also form their own opinion of Enveric Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Enveric Biosciences' 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 Enveric Biosciences' market value can be influenced by many factors that don't directly affect Enveric Biosciences' 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 Enveric Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enveric Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enveric Biosciences' 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.