Journey Net Income from 2010 to 2024
| DERM Stock | USD 3.44 0.10 2.82% |
Net Loss | First Reported 2014-12-31 | Previous Quarter 16.8 M | Current Value -2.1 M | Quarterly Volatility 36 M |
Check Journey Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Journey main balance sheet or income statement drivers, such as Depreciation And Amortization of 4 M, Interest Expense of 1.6 M or Selling General Administrative of 53.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0152 or PTB Ratio of 3.5. Journey financial statements analysis is a perfect complement when working with Journey Medical Valuation or Volatility modules.
Journey | Net Income |
Latest Journey Medical's Net Income Growth Pattern
Below is the plot of the Net Income of Journey Medical Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Journey Medical Corp financial statement analysis. It represents the amount of money remaining after all of Journey Medical Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Journey Medical's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Journey Medical's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (3.85 M) | 10 Years Trend |
|
Net Income |
| Timeline |
Journey Net Income Regression Statistics
| Arithmetic Mean | (61,618,110) | |
| Coefficient Of Variation | (141.31) | |
| Mean Deviation | 59,441,541 | |
| Median | (31,875,000) | |
| Standard Deviation | 87,072,764 | |
| Sample Variance | 7581.7T | |
| Range | 308.5M | |
| R-Value | 0.09 | |
| Mean Square Error | 8104.5T | |
| R-Squared | 0.01 | |
| Significance | 0.76 | |
| Slope | 1,674,152 | |
| Total Sum of Squares | 106143.3T |
Journey Net Income History
Other Fundumenentals of Journey Medical Corp
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Journey Medical Net Income component correlations
About Journey Medical Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Journey Medical income statement, its balance sheet, and the statement of cash flows. Journey Medical investors use historical funamental indicators, such as Journey Medical's Net Income, to determine how well the company is positioned to perform in the future. Although Journey Medical investors may use each financial statement separately, they are all related. The changes in Journey Medical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Journey Medical's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Journey Medical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Journey Medical. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Loss | -3.9 M | -4 M | |
| Net Loss | -12.4 M | -13 M | |
| Net Loss | -26.7 M | -25.3 M | |
| Net Loss | (0.21) | (0.22) | |
| Net Income Per E B T | 1.06 | 0.75 |
Pair Trading with Journey Medical
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 Journey Medical 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 Journey Medical will appreciate offsetting losses from the drop in the long position's value.Moving against Journey Stock
| 0.77 | LLY | Eli Lilly Earnings Call This Week | PairCorr |
| 0.75 | VKTX | Viking Therapeutics Earnings Call Today | PairCorr |
| 0.7 | ELEV | Elevation Oncology Financial Report 20th of May 2024 | PairCorr |
| 0.65 | BMY | Bristol Myers Squibb Earnings Call Tomorrow | PairCorr |
| 0.54 | XFOR | X4 Pharmaceuticals Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Journey Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Journey Medical 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 Journey Medical - 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 Journey Medical Corp to buy it.
The correlation of Journey Medical 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 Journey Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Journey Medical Corp 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 Journey Medical 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.Check out the analysis of Journey Medical Correlation against competitors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Journey Stock analysis
When running Journey Medical's price analysis, check to measure Journey Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Journey Medical is operating at the current time. Most of Journey Medical's value examination focuses on studying past and present price action to predict the probability of Journey Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Journey Medical's price. Additionally, you may evaluate how the addition of Journey Medical to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
Is Journey Medical's 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 Journey Medical. If investors know Journey 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 Journey Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Revenue Per Share 4.343 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0074 | Return On Equity (0.21) |
The market value of Journey Medical Corp is measured differently than its book value, which is the value of Journey that is recorded on the company's balance sheet. Investors also form their own opinion of Journey Medical's value that differs from its market value or its book value, called intrinsic value, which is Journey Medical's 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 Journey Medical's market value can be influenced by many factors that don't directly affect Journey Medical's 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 Journey Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Journey Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Journey Medical's 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.