MTI Historical Income Statement

MWE Stock   44.50  1.50  3.49%   
Historical analysis of MTI Wireless income statement accounts such as Total Revenue of 27.1 M can show how well MTI Wireless Edge performed in making a profits. Evaluating MTI Wireless income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MTI Wireless's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining MTI Wireless Edge 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 MTI Wireless Edge is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MTI Wireless Edge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About MTI Income Statement Analysis

MTI Wireless Edge 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 MTI Wireless shareholders. The income statement also shows MTI 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).

MTI Wireless Income Statement Chart

At present, MTI Wireless' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 5.4 M, whereas Selling And Marketing Expenses is forecasted to decline to about 2.5 M.

Total Revenue

Total revenue comprises all receipts MTI Wireless Edge 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 MTI Wireless Edge minus its cost of goods sold. It is profit before MTI Wireless 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 MTI Wireless Edge. It is also known as MTI Wireless 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.
Most accounts from MTI Wireless' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MTI Wireless Edge 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 MTI Wireless Edge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, MTI Wireless' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 5.4 M, whereas Selling And Marketing Expenses is forecasted to decline to about 2.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense249K277K347K199.6K
Depreciation And Amortization976K1.5M1.5M1.6M

MTI Wireless income statement Correlations

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0.770.670.850.991.00.870.85-0.180.851.00.960.860.020.850.780.980.980.070.80.650.260.78
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0.770.690.841.00.990.850.84-0.150.841.00.970.840.060.830.770.980.970.080.790.650.250.77
0.860.460.680.870.880.850.99-0.470.980.860.761.0-0.011.00.910.910.93-0.080.80.660.510.81
0.890.460.620.850.860.840.99-0.471.00.850.760.990.130.990.930.910.92-0.070.840.670.560.83
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0.850.580.570.80.790.790.80.84-0.240.850.80.740.830.420.820.840.860.850.070.570.570.88
0.740.310.530.650.640.650.660.67-0.230.690.650.630.670.170.670.620.690.66-0.350.570.570.72
0.760.27-0.010.260.250.250.510.56-0.260.610.260.20.550.390.550.540.40.39-0.60.570.570.73
0.930.540.460.780.750.770.810.83-0.220.860.790.680.830.250.820.750.840.85-0.260.880.720.73
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MTI Wireless Account Relationship Matchups

MTI Wireless income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization973K1.0M976K1.5M1.5M1.6M
Interest Expense211K275K249K277K347K199.6K
Selling And Marketing Expenses4.2M3.6M3.7M3.9M3.7M2.5M
Total Revenue40.0M40.9M43.2M46.3M45.6M27.1M
Gross Profit12.8M13.1M13.5M14.6M14.7M9.4M
Other Operating Expenses36.6M36.8M38.8M41.7M41.0M24.8M
Operating Income3.5M4.1M4.4M4.6M4.7M4.9M
Ebit3.6M4.3M4.3M4.6M5.2M5.4M
Research Development1.2M1.0M965K1.1M1.0M901.7K
Ebitda4.6M5.3M5.3M6.1M6.7M7.0M
Cost Of Revenue27.2M27.8M29.7M31.7M31.0M17.7M
Total Operating Expenses9.3M9.0M9.1M10.0M10.0M7.1M
Income Before Tax3.4M4.1M4.0M4.3M4.8M5.1M
Total Other Income Expense Net(50K)(20K)(387K)(275K)185K194.3K
Net Income2.8M3.4M3.6M3.7M4.0M4.2M
Income Tax Expense454K564K329K468K759K797.0K
Selling General Administrative3.9M4.4M4.4M5.0M5.3M3.7M
Net Income From Continuing Ops3.0M3.5M3.7M3.8M4.1M2.5M
Net Income Applicable To Common Shares2.8M3.4M3.6M3.7M4.3M2.3M
Minority Interest883K987K(111K)(128K)(31K)(29.5K)
Tax Provision454K564K329K468K759K472.6K
Net Interest Income(216K)(167K)(247K)(182K)(170K)(178.5K)
Interest Income44K28K67K110K177K185.9K
Reconciled Depreciation973K1.0M976K1.5M1.5M1.1M

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Other Information on Investing in MTI Stock

MTI Wireless Edge 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 MTI Wireless shareholders. The income statement also shows MTI 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).