FARO Historical Income Statement
FARO Stock | USD 18.89 0.14 0.75% |
Historical analysis of FARO Technologies income statement accounts such as Total Revenue of 224.1 M or Gross Profit of 123.5 M can show how well FARO Technologies performed in making a profits. Evaluating FARO Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FARO Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining FARO 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 FARO Technologies is a good buy for the upcoming year.
FARO |
About FARO Income Statement Analysis
FARO 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 FARO Technologies shareholders. The income statement also shows FARO 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).
FARO Technologies Income Statement Chart
FARO Technologies Income Statement is one of the three primary financial statements used for reporting FARO's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of FARO Technologies revenue and expense. FARO Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, FARO Technologies' Interest Expense is very stable compared to the past year. As of the 1st of May 2024, Income Tax Expense is likely to grow to about 3.1 M, while Depreciation And Amortization is likely to drop about 8.5 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts FARO 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 FARO Technologies minus its cost of goods sold. It is profit before FARO 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 FARO Technologies. It is also known as FARO 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.Most accounts from FARO Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FARO 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.At this time, FARO Technologies' Interest Expense is very stable compared to the past year. As of the 1st of May 2024, Income Tax Expense is likely to grow to about 3.1 M, while Depreciation And Amortization is likely to drop about 8.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 183.9M | 175.8M | 174.3M | 123.5M | Total Revenue | 337.8M | 345.8M | 358.8M | 224.1M |
FARO Technologies income statement Correlations
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FARO Technologies Account Relationship Matchups
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FARO Technologies income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 16.9M | 14.1M | 13.4M | 18.6M | 15.5M | 8.5M | |
Interest Expense | 781K | 15.8M | 55K | 36K | 3.3M | 3.5M | |
Total Revenue | 381.8M | 303.8M | 337.8M | 345.8M | 358.8M | 224.1M | |
Gross Profit | 198.1M | 159.8M | 183.9M | 175.8M | 174.3M | 123.5M | |
Other Operating Expenses | 405.2M | 318.6M | 338.9M | 366.1M | 383.7M | 217.8M | |
Operating Income | (23.4M) | (14.9M) | (1.1M) | (20.3M) | (24.8M) | (23.6M) | |
Ebit | (23.4M) | (14.9M) | (1.1M) | (20.3M) | (24.8M) | (23.6M) | |
Research Development | 44.2M | 42.9M | 48.8M | 49.4M | 41.8M | 20.9M | |
Ebitda | (6.5M) | (728K) | 12.3M | (1.7M) | (9.4M) | (8.9M) | |
Cost Of Revenue | 183.6M | 143.9M | 153.9M | 170.0M | 184.5M | 100.6M | |
Total Operating Expenses | 221.6M | 174.7M | 185.0M | 196.1M | 199.1M | 117.2M | |
Income Before Tax | (61.0M) | (30.8M) | (8.6M) | (21.7M) | (54.1M) | (51.4M) | |
Total Other Income Expense Net | (37.6M) | (15.9M) | (7.4M) | (1.3M) | (29.2M) | (27.8M) | |
Net Income | (62.1M) | 629K | (40.0M) | (26.8M) | (56.6M) | (53.7M) | |
Income Tax Expense | 1.1M | (31.4M) | 31.4M | 5.1M | 2.5M | 3.1M | |
Selling General Administrative | 177.4M | 131.8M | 136.2M | 146.7M | 155.8M | 163.6M | |
Net Income Applicable To Common Shares | (62.1M) | 629K | (40.0M) | (26.8M) | (24.1M) | (22.9M) | |
Net Income From Continuing Ops | (62.1M) | 629K | (40.0M) | (26.8M) | (60.4M) | (57.4M) | |
Non Operating Income Net Other | (1.6M) | (91K) | (70K) | 3.2M | 3.7M | 3.9M | |
Tax Provision | 1.1M | (31.4M) | 31.4M | 5.1M | 5.6M | 4.1M | |
Interest Income | 714K | 340K | 0.0 | 36K | 32.4K | 30.8K | |
Net Interest Income | (67K) | 340K | (55K) | 36K | (2.5M) | (2.4M) | |
Reconciled Depreciation | 18.5M | 14.2M | 13.4M | 14.0M | 15.7M | 12.6M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FARO Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FARO Technologies' short interest history, or implied volatility extrapolated from FARO Technologies options trading.
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Is FARO Technologies' industry 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 FARO Technologies. If investors know FARO 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 FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.99) | Revenue Per Share 18.968 | Quarterly Revenue Growth (0.05) | Return On Assets (0.03) | Return On Equity (0.20) |
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' 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 FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' 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 FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' 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.