Meridian Historical Income Statement
| MNO Stock | 0.75 0.01 1.32% |
Historical analysis of Meridian Mining income statement accounts such as Total Operating Expenses of 13.5 M can show how well Meridian Mining UK performed in making a profits. Evaluating Meridian Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Meridian Mining's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Meridian Mining UK 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 Meridian Mining UK is a good buy for the upcoming year.
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About Meridian Income Statement Analysis
Meridian Mining UK 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 Meridian Mining shareholders. The income statement also shows Meridian 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).
Meridian Mining Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Meridian Mining UK. It is also known as Meridian Mining 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.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 Meridian Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Meridian Mining UK 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 Meridian Mining UK. 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, Meridian Mining's Depreciation And Amortization is very stable compared to the past year. As of the 23rd of July 2025, Other Operating Expenses is likely to grow to about 14.6 M, while Selling And Marketing Expenses is likely to drop 5,108.
Meridian Mining income statement Correlations
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Meridian Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Meridian Mining income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 79.2K | 48.0K | 241.9K | 175.2K | 201.5K | 218.8K | |
| Other Operating Expenses | 3.0M | 9.4M | 9.2M | 12.1M | 13.9M | 14.6M | |
| Operating Income | (2.6M) | (9.4M) | (9.2M) | (12.4M) | (12.8M) | (12.2M) | |
| Ebit | (2.8M) | 19.3M | (9.2M) | (12.4M) | (11.2M) | (10.6M) | |
| Ebitda | (2.7M) | 19.3M | (9.0M) | (12.2M) | (11.0M) | (10.4M) | |
| Total Operating Expenses | 2.7M | 9.4M | 9.0M | 12.1M | 12.8M | 13.5M | |
| Income Before Tax | (7.6M) | (37.6M) | 941.4K | (12.0M) | (18.2M) | (17.3M) | |
| Total Other Income Expense Net | (4.2M) | (28.7M) | 10.1M | 407.6K | (5.8M) | (5.5M) | |
| Net Income | (7.5M) | (37.6M) | 800.1K | (12.0M) | (18.2M) | (17.3M) | |
| Income Tax Expense | 19K | (23K) | 28.1M | 141.3K | 162.5K | 154.4K | |
| Selling General Administrative | 1.8M | 5.5M | 3.8M | 3.6M | 3.8M | 3.4M | |
| Interest Expense | 607.7K | 66.7K | 73.7K | 58.4K | 38.6K | 36.7K | |
| Gross Profit | (91.4K) | (48.0K) | (133.2K) | (62.5K) | (194.6K) | (204.3K) | |
| Cost Of Revenue | 332.4K | 48.0K | 133.2K | 62.5K | 194.6K | 184.9K | |
| Interest Income | 803.9K | 396.6K | 59.5K | 194.8K | 388.4K | 671.5K | |
| Net Income Applicable To Common Shares | (11.1M) | (17.8M) | (7.5M) | (37.6M) | (33.8M) | (32.1M) | |
| Net Interest Income | (598.0K) | 582.1K | (14.2K) | 136.4K | 349.8K | 367.3K | |
| Net Income From Continuing Ops | (7.5M) | (37.6M) | 800.1K | (12.0M) | (18.2M) | (19.1M) | |
| Reconciled Depreciation | 79.2K | 48.0K | 133.2K | 175.2K | 194.6K | 206.0K |
Pair Trading with Meridian Mining
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 Meridian Mining 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 Meridian Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Meridian Stock
Moving against Meridian Stock
| 0.51 | FDR | Flinders Resources Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Meridian Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meridian Mining 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 Meridian Mining - 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 Meridian Mining UK to buy it.
The correlation of Meridian Mining 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 Meridian Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meridian Mining UK 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 Meridian Mining 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.Other Information on Investing in Meridian Stock
Meridian Mining UK 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 Meridian Mining shareholders. The income statement also shows Meridian 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).