Flexsteel Historical Income Statement

FLXS Stock

USD 57.35 0.95 1.63%

Historical analysis of Flexsteel Industries income statement accounts such as Total Revenue of 354.1 M or Gross Profit of 76.1 M can show how well Flexsteel Industries performed in making a profits. Evaluating Flexsteel Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Flexsteel Industries's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Flexsteel Industries 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 Flexsteel Industries is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexsteel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.

About Flexsteel Income Statement Analysis

Flexsteel Industries 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 Flexsteel Industries shareholders. The income statement also shows Flexsteel 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).

Flexsteel Industries Income Statement Chart

At this time, Flexsteel Industries' Depreciation And Amortization is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 65.9 M in 2024, whereas Total Revenue is likely to drop slightly above 354.1 M in 2024.

Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue

Total Revenue

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

Most accounts from Flexsteel Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Flexsteel Industries 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 Flexsteel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.At this time, Flexsteel Industries' Depreciation And Amortization is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 65.9 M in 2024, whereas Total Revenue is likely to drop slightly above 354.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	72.7M	70.9M	87.2M	76.1M
Total Revenue	544.3M	393.7M	412.8M	354.1M

Gross Profit Total Revenue

Flexsteel Industries income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Net Income From Continuing Ops	Selling And Marketing Expenses	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.29	0.47	0.18	0.52	0.01	-0.01	0.11	0.5	0.55	-0.27	-0.37	-0.31	-0.16	0.55	0.8	-0.35	-0.08	0.01	0.04	-0.38	-0.66	0.31	0.25	-0.14
Interest Expense	0.29		0.08	-0.2	0.17	0.01	0.0	0.04	0.15	0.31	-0.67	-0.97	-0.67	-0.58	0.41	0.4	-0.68	-0.29	0.09	0.91	-0.58	-0.21	0.16	0.07	-0.31
Total Revenue	0.47	0.08		0.7	0.99	0.41	0.43	0.48	0.98	0.83	0.22	-0.06	0.2	0.24	0.71	0.4	0.11	0.23	-0.03	-0.12	-0.04	-0.47	0.06	-0.16	-0.12
Gross Profit	0.18	-0.2	0.7		0.58	0.83	0.86	0.87	0.56	0.65	0.72	0.27	0.68	0.73	0.55	0.26	0.61	0.6	0.25	-0.23	0.53	-0.01	0.21	0.11	0.43
Other Operating Expenses	0.52	0.17	0.99	0.58		0.27	0.29	0.35	1.0	0.84	0.06	-0.18	0.04	0.08	0.74	0.43	-0.05	0.11	-0.08	-0.05	-0.2	-0.53	0.04	-0.19	-0.24
Operating Income	0.01	0.01	0.41	0.83	0.27		0.97	0.96	0.26	0.3	0.73	0.16	0.69	0.72	0.23	0.13	0.67	0.64	0.28	0.03	0.61	0.1	0.26	0.1	0.5
Ebit	-0.01	0.0	0.43	0.86	0.29	0.97		0.99	0.27	0.34	0.71	0.14	0.67	0.73	0.27	0.15	0.65	0.64	0.4	0.07	0.63	0.19	0.31	0.17	0.57
Ebitda	0.11	0.04	0.48	0.87	0.35	0.96	0.99		0.33	0.4	0.68	0.09	0.63	0.71	0.34	0.25	0.6	0.63	0.4	0.07	0.58	0.11	0.34	0.2	0.55
Cost Of Revenue	0.5	0.15	0.98	0.56	1.0	0.26	0.27	0.33		0.79	0.07	-0.15	0.06	0.08	0.69	0.4	-0.03	0.11	-0.11	-0.07	-0.19	-0.54	0.02	-0.22	-0.25
Total Operating Expenses	0.55	0.31	0.83	0.65	0.84	0.3	0.34	0.4	0.79		-0.04	-0.35	-0.07	0.03	0.96	0.58	-0.18	0.09	0.09	0.13	-0.21	-0.36	0.14	0.07	-0.1
Income Before Tax	-0.27	-0.67	0.22	0.72	0.06	0.73	0.71	0.68	0.07	-0.04		0.79	0.99	0.92	-0.16	-0.24	0.98	0.67	0.12	-0.58	0.85	0.25	0.04	-0.02	0.58
Total Other Income Expense Net	-0.37	-0.97	-0.06	0.27	-0.18	0.16	0.14	0.09	-0.15	-0.35	0.79		0.8	0.69	-0.45	-0.45	0.81	0.41	-0.14	-0.87	0.67	0.22	-0.19	-0.14	0.36
Net Income	-0.31	-0.67	0.2	0.68	0.04	0.69	0.67	0.63	0.06	-0.07	0.99	0.8		0.85	-0.2	-0.32	0.99	0.62	0.03	-0.59	0.78	0.21	-0.05	-0.12	0.51
Income Tax Expense	-0.16	-0.58	0.24	0.73	0.08	0.72	0.73	0.71	0.08	0.03	0.92	0.69	0.85		-0.05	-0.03	0.85	0.73	0.3	-0.48	0.93	0.33	0.22	0.2	0.68
Selling General Administrative	0.55	0.41	0.71	0.55	0.74	0.23	0.27	0.34	0.69	0.96	-0.16	-0.45	-0.2	-0.05		0.62	-0.3	-0.05	0.1	0.23	-0.28	-0.33	0.14	0.1	-0.16
Research Development	0.8	0.4	0.4	0.26	0.43	0.13	0.15	0.25	0.4	0.58	-0.24	-0.45	-0.32	-0.03	0.62		-0.36	0.17	0.27	0.25	-0.2	-0.26	0.36	0.48	0.13
Net Income From Continuing Ops	-0.35	-0.68	0.11	0.61	-0.05	0.67	0.65	0.6	-0.03	-0.18	0.98	0.81	0.99	0.85	-0.3	-0.36		0.63	0.05	-0.58	0.8	0.25	-0.02	-0.09	0.54
Selling And Marketing Expenses	-0.08	-0.29	0.23	0.6	0.11	0.64	0.64	0.63	0.11	0.09	0.67	0.41	0.62	0.73	-0.05	0.17	0.63		0.17	-0.22	0.69	0.25	0.08	0.25	0.66
Non Operating Income Net Other	0.01	0.09	-0.03	0.25	-0.08	0.28	0.4	0.4	-0.11	0.09	0.12	-0.14	0.03	0.3	0.1	0.27	0.05	0.17		0.33	0.44	0.64	0.87	0.83	0.69
Non Recurring	0.04	0.91	-0.12	-0.23	-0.05	0.03	0.07	0.07	-0.07	0.13	-0.58	-0.87	-0.59	-0.48	0.23	0.25	-0.58	-0.22	0.33		-0.35	0.14	0.3	0.27	-0.02
Tax Provision	-0.38	-0.58	-0.04	0.53	-0.2	0.61	0.63	0.58	-0.19	-0.21	0.85	0.67	0.78	0.93	-0.28	-0.2	0.8	0.69	0.44	-0.35		0.58	0.32	0.34	0.8
Interest Income	-0.66	-0.21	-0.47	-0.01	-0.53	0.1	0.19	0.11	-0.54	-0.36	0.25	0.22	0.21	0.33	-0.33	-0.26	0.25	0.25	0.64	0.14	0.58		0.33	0.52	0.65
Net Interest Income	0.31	0.16	0.06	0.21	0.04	0.26	0.31	0.34	0.02	0.14	0.04	-0.19	-0.05	0.22	0.14	0.36	-0.02	0.08	0.87	0.3	0.32	0.33		0.84	0.59
Reconciled Depreciation	0.25	0.07	-0.16	0.11	-0.19	0.1	0.17	0.2	-0.22	0.07	-0.02	-0.14	-0.12	0.2	0.1	0.48	-0.09	0.25	0.83	0.27	0.34	0.52	0.84		0.73
Extraordinary Items	-0.14	-0.31	-0.12	0.43	-0.24	0.5	0.57	0.55	-0.25	-0.1	0.58	0.36	0.51	0.68	-0.16	0.13	0.54	0.66	0.69	-0.02	0.8	0.65	0.59	0.73

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Flexsteel Industries Account Relationship Matchups

Flexsteel Industries income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	8.4M	5.2M	5.2M	4.6M	4.0M	5.3M
Interest Expense	82K	10K	835K	1.3M	1.6M	1.5M
Total Revenue	366.9M	478.9M	544.3M	393.7M	412.8M	354.1M
Gross Profit	53.1M	96.7M	72.7M	70.9M	87.2M	76.1M
Other Operating Expenses	386.3M	450.2M	538.3M	385.9M	396.0M	340.5M
Operating Income	(19.4M)	31.2M	6.6M	10.5M	17.1M	14.6M
Ebit	(18.7M)	28.8M	5.9M	7.8M	17.1M	14.1M
Ebitda	(10.3M)	34.0M	11.1M	12.3M	21.1M	19.4M
Cost Of Revenue	313.9M	382.2M	471.6M	322.7M	325.5M	278.1M
Total Operating Expenses	72.4M	68.0M	66.7M	63.2M	70.4M	62.4M
Income Before Tax	(33.8M)	31.5M	5.9M	9.2M	15.6M	12.9M
Total Other Income Expense Net	(14.4M)	267K	(714K)	(1.3M)	(1.5M)	(1.6M)
Net Income	(26.8M)	23.0M	1.9M	14.8M	10.5M	8.2M
Income Tax Expense	(6.9M)	8.4M	4.1M	(5.6M)	5.0M	4.8M
Selling General Administrative	69.0M	64.1M	60.9M	57.7M	64.5M	65.9M
Research Development	4M	1.9M	2.9M	2.1M	2.4M	3.2M
Net Income Applicable To Common Shares	(26.8M)	23.0M	1.9M	14.8M	13.3M	6.8M
Net Income From Continuing Ops	(26.8M)	23.0M	1.9M	14.8M	10.5M	7.4M
Selling And Marketing Expenses	4.3M	3.4M	3.9M	5.8M	5.9M	4.5M
Non Recurring	3.6M	31.8M	(2.4M)	(670K)	(770.5K)	(732.0K)
Tax Provision	(6.9M)	8.4M	4.1M	(5.6M)	5.0M	3.5M
Net Interest Income	(82K)	(10K)	(835K)	(1.3M)	(1.6M)	(1.5M)
Reconciled Depreciation	8.4M	5.2M	5.2M	4.6M	4.0M	5.0M

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Flexsteel Historical Income Statement

About Flexsteel Income Statement Analysis

Flexsteel Industries Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Flexsteel Industries income statement Correlations

Flexsteel Industries Account Relationship Matchups

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Flexsteel Industries income statement Accounts

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Cost Of Revenue	+ 1.0	Other Operating Expenses
Other Operating Expenses	+ 0.99	Total Revenue
Ebitda	+ 0.99	Ebit
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Net Income
Cost Of Revenue	+ 0.98	Total Revenue

Total Other Income Expense Net	- 0.97	Interest Expense
Non Recurring	- 0.87	Total Other Income Expense Net
Net Income From Continuing Ops	- 0.68	Interest Expense
Net Income	- 0.67	Interest Expense
Income Before Tax	- 0.67	Interest Expense
Interest Income	- 0.66	Depreciation And Amortization