Microbix Historical Income Statement

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Historical analysis of Microbix Biosystems income statement accounts such as Total Revenue of 30.7 M can show how well Microbix Biosystems performed in making a profits. Evaluating Microbix Biosystems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Microbix Biosystems's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Microbix Biosystems 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 Microbix Biosystems 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 Microbix Biosystems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Microbix Income Statement Analysis

Microbix Biosystems 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 Microbix Biosystems shareholders. The income statement also shows Microbix 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).

Microbix Biosystems Income Statement Chart

At this time, Microbix Biosystems' Operating Income is very stable compared to the past year. As of the 23rd of July 2025, EBIT is likely to grow to about 965.9 K, while Selling And Marketing Expenses is likely to drop about 784.7 K.

Total Revenue

Total revenue comprises all receipts Microbix Biosystems 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 Microbix Biosystems minus its cost of goods sold. It is profit before Microbix Biosystems 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 Microbix Biosystems. It is also known as Microbix Biosystems 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 Microbix Biosystems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Microbix Biosystems 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 Microbix Biosystems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Microbix Biosystems' Operating Income is very stable compared to the past year. As of the 23rd of July 2025, EBIT is likely to grow to about 965.9 K, while Selling And Marketing Expenses is likely to drop about 784.7 K.
 2022 2023 2024 2025 (projected)
Gross Profit7.5M15.4M17.7M18.6M
Total Revenue16.5M25.4M29.2M30.7M

Microbix Biosystems income statement Correlations

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-0.07-0.24-0.09-0.16-0.02-0.040.07-0.320.060.05-0.35-0.43-0.310.05-0.15-0.35-0.210.16-0.75-0.43-0.28
0.95-0.240.960.940.960.610.180.930.290.930.980.560.540.220.580.270.490.270.560.950.86
0.95-0.090.960.980.960.750.290.890.40.960.940.490.580.210.650.240.530.270.410.880.84
0.91-0.160.940.980.90.830.370.880.470.90.940.550.670.270.730.260.620.220.420.870.83
0.99-0.020.960.960.90.550.180.910.30.990.880.450.440.160.520.280.40.320.430.860.83
0.57-0.040.610.750.830.550.560.530.620.580.650.380.690.320.760.130.680.150.050.530.56
0.210.070.180.290.370.180.560.20.990.140.190.680.850.710.880.30.87-0.21-0.020.20.22
0.93-0.320.930.890.880.910.530.20.310.850.90.570.530.20.540.40.450.290.580.90.84
0.330.060.290.40.470.30.620.990.310.250.290.720.880.720.910.330.89-0.160.040.30.32
0.970.050.930.960.90.990.580.140.850.250.870.370.390.110.480.190.350.340.360.820.81
0.89-0.350.980.940.940.880.650.190.90.290.870.610.60.240.620.310.550.240.640.970.85
0.48-0.430.560.490.550.450.380.680.570.720.370.610.880.690.840.560.87-0.150.640.70.55
0.46-0.310.540.580.670.440.690.850.530.880.390.60.880.610.980.390.98-0.230.430.60.51
0.20.050.220.210.270.160.320.710.20.720.110.240.690.610.670.30.640.240.040.260.23
0.54-0.150.580.650.730.520.760.880.540.910.480.620.840.980.670.350.96-0.090.330.610.55
0.36-0.350.270.240.260.280.130.30.40.330.190.310.560.390.30.350.460.010.440.390.54
0.42-0.210.490.530.620.40.680.870.450.890.350.550.870.980.640.960.46-0.260.350.550.47
0.370.160.270.270.220.320.15-0.210.29-0.160.340.24-0.15-0.230.24-0.090.01-0.26-0.110.190.29
0.45-0.750.560.410.420.430.05-0.020.580.040.360.640.640.430.040.330.440.35-0.110.730.54
0.87-0.430.950.880.870.860.530.20.90.30.820.970.70.60.260.610.390.550.190.730.85
0.86-0.280.860.840.830.830.560.220.840.320.810.850.550.510.230.550.540.470.290.540.85
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Microbix Biosystems Account Relationship Matchups

Microbix Biosystems income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization690.1K822.0K1.0M1.2M1.3M1.4M
Interest Expense1.6M826.6K839.4K392.3K451.2K536.4K
Selling General Administrative4.2M5.0M6.5M8.9M10.2M10.7M
Total Revenue18.6M19.1M16.5M25.4M29.2M30.7M
Gross Profit11.0M11.1M7.5M15.4M17.7M18.6M
Other Operating Expenses11.0M13.8M16.5M19.3M22.1M23.2M
Operating Income4.8M2.7M(2.7M)3.7M4.2M4.4M
Ebit(3.6M)4.8M2.7M799.9K919.9K965.9K
Research Development1.0M1.8M2.0M2.1M2.4M2.6M
Ebitda(2.9M)5.7M3.7M2.0M2.3M2.4M
Cost Of Revenue7.5M8.0M9.0M10.0M11.5M12.1M
Total Operating Expenses6.2M8.5M10.2M21.5M24.7M25.9M
Total Other Income Expense Net(4.1M)(1.6M)(744.3K)2.7M2.4M2.5M
Net Income1.6M1.8M(39.5K)3.5M4.0M4.3M
Income Tax Expense1.6M1.6M77.2K839.4K755.4K793.2K
Income Before Tax3.2M1.9M(39.5K)3.7M4.2M4.4M
Selling And Marketing Expenses632.6K858.1K1.6M1.5M1.3M784.7K
Net Income From Continuing Ops3.2M1.8M(39.5K)3.5M4.0M4.3M
Net Income Applicable To Common Shares3.2M1.8M(39.5K)3.5M4.0M4.3M
Net Interest Income(1.6M)(744.3K)(381.6K)(234.3K)(269.4K)(282.9K)
Reconciled Depreciation822.0K1.0M1.2M1.6M1.9M974.5K

Pair Trading with Microbix Biosystems

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 Microbix Biosystems 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 Microbix Biosystems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Microbix Stock

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Moving against Microbix Stock

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The ability to find closely correlated positions to Microbix Biosystems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microbix Biosystems 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 Microbix Biosystems - 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 Microbix Biosystems to buy it.
The correlation of Microbix Biosystems 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 Microbix Biosystems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microbix Biosystems 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 Microbix Biosystems 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Microbix Stock

Microbix Biosystems 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 Microbix Biosystems shareholders. The income statement also shows Microbix 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).