Airnet Historical Income Statement

ANTE Stock  USD 1.16  0.04  3.33%   
Historical analysis of Airnet Technology income statement accounts such as Interest Expense of 435.3 K, Selling General Administrative of 3.1 M or Total Revenue of 802.8 K can show how well Airnet Technology performed in making a profits. Evaluating Airnet Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Airnet Technology's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Airnet Technology 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 Airnet Technology is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airnet Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Airnet Stock refer to our How to Trade Airnet Stock guide.

About Airnet Income Statement Analysis

Airnet Technology 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 Airnet Technology shareholders. The income statement also shows Airnet 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).

Airnet Technology Income Statement Chart

Airnet Technology Income Statement is one of the three primary financial statements used for reporting Airnet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Airnet Technology revenue and expense. Airnet Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Airnet Technology's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 4.2 M, whereas Selling General Administrative is forecasted to decline to about 3.1 M.

Total Revenue

Total revenue comprises all receipts Airnet Technology 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Airnet Technology. It is also known as Airnet Technology 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.

Cost Of Revenue

Cost of Revenue is found on Airnet Technology income statement and represents the costs associated with goods and services Airnet Technology provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Airnet Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Airnet Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Airnet Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Airnet Stock refer to our How to Trade Airnet Stock guide.At present, Airnet Technology's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 4.2 M, whereas Selling General Administrative is forecasted to decline to about 3.1 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses10.9M7.2M3.3M3.2M
Cost Of Revenue14.8M5.2M1.4M1.3M

Airnet Technology income statement Correlations

-0.350.390.840.460.88-0.18-0.170.070.860.57-0.15-0.2-0.240.20.810.570.020.44-0.510.320.420.57
-0.35-0.11-0.45-0.25-0.450.030.0-0.08-0.46-0.210.070.2-0.04-0.03-0.48-0.390.1-0.510.44-0.58-0.55-0.53
0.39-0.110.08-0.520.41-0.92-0.79-0.710.220.96-0.94-0.77-0.650.30.52-0.150.310.51-0.77-0.390.590.3
0.84-0.450.080.730.940.150.120.330.990.330.190.070.070.050.850.78-0.170.36-0.350.490.370.58
0.46-0.25-0.520.730.470.690.690.810.61-0.310.710.390.18-0.350.320.74-0.54-0.010.230.46-0.120.14
0.88-0.450.410.940.47-0.18-0.190.030.980.63-0.14-0.16-0.10.190.960.650.00.49-0.580.350.550.67
-0.180.03-0.920.150.69-0.180.70.660.01-0.830.960.780.56-0.4-0.30.3-0.42-0.250.630.43-0.38-0.1
-0.170.0-0.790.120.69-0.190.70.97-0.02-0.730.770.410.29-0.5-0.310.36-0.58-0.560.680.18-0.65-0.44
0.07-0.08-0.710.330.810.030.660.970.18-0.60.750.370.23-0.46-0.120.5-0.59-0.460.560.26-0.55-0.3
0.86-0.460.220.990.610.980.01-0.020.180.460.05-0.010.030.140.910.72-0.070.42-0.460.460.460.64
0.57-0.210.960.33-0.310.63-0.83-0.73-0.60.46-0.83-0.68-0.570.310.720.050.260.57-0.81-0.230.650.45
-0.150.07-0.940.190.71-0.140.960.770.750.05-0.830.860.63-0.33-0.270.33-0.37-0.430.710.47-0.5-0.14
-0.20.2-0.770.070.39-0.160.780.410.37-0.01-0.680.860.75-0.04-0.210.120.0-0.430.630.51-0.4-0.01
-0.24-0.04-0.650.070.18-0.10.560.290.230.03-0.570.630.750.11-0.20.050.12-0.370.420.52-0.250.09
0.2-0.030.30.05-0.350.19-0.4-0.5-0.460.140.31-0.33-0.040.110.24-0.10.950.17-0.410.390.360.4
0.81-0.480.520.850.320.96-0.3-0.31-0.120.910.72-0.27-0.21-0.20.240.590.060.57-0.690.330.640.72
0.57-0.39-0.150.780.740.650.30.360.50.720.050.330.120.05-0.10.59-0.320.32-0.310.450.30.55
0.020.10.31-0.17-0.540.0-0.42-0.58-0.59-0.070.26-0.370.00.120.950.06-0.320.08-0.310.260.270.25
0.44-0.510.510.36-0.010.49-0.25-0.56-0.460.420.57-0.43-0.43-0.370.170.570.320.08-0.840.180.930.76
-0.510.44-0.77-0.350.23-0.580.630.680.56-0.46-0.810.710.630.42-0.41-0.69-0.31-0.31-0.84-0.06-0.89-0.73
0.32-0.58-0.390.490.460.350.430.180.260.46-0.230.470.510.520.390.330.450.260.18-0.060.230.58
0.42-0.550.590.37-0.120.55-0.38-0.65-0.550.460.65-0.5-0.4-0.250.360.640.30.270.93-0.890.230.81
0.57-0.530.30.580.140.67-0.1-0.44-0.30.640.45-0.14-0.010.090.40.720.550.250.76-0.730.580.81
Click cells to compare fundamentals

Airnet Technology Account Relationship Matchups

Airnet Technology income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization4.6M2.3M5.1M12.7M977K928.2K
Interest Expense2.6M742K1.1M911K320K435.3K
Selling General Administrative20.2M9.8M8.5M5.8M3.3M3.1M
Total Revenue26.0M23.4M11.7M2.9M845K802.8K
Gross Profit(7.6M)3.8M(3.1M)(2.4M)(531K)(504.5K)
Other Operating Expenses59.4M32.7M25.7M12.4M4.7M4.5M
Operating Income(33.4M)(98K)(14.0M)(14.1M)(3.9M)(4.0M)
Ebit(33.4M)(98K)(14.0M)(14.1M)(3.9M)(4.0M)
Ebitda(28.8M)2.2M(8.9M)(1.3M)(2.9M)(3.0M)
Cost Of Revenue33.6M19.6M14.8M5.2M1.4M1.3M
Total Operating Expenses25.8M13.1M10.9M7.2M3.3M3.2M
Income Before Tax(33.2M)(3.8M)(17.5M)(12.3M)124K130.2K
Total Other Income Expense Net162K(3.7M)(3.5M)1.8M4.0M4.2M
Net Income(33.9M)7.5M(17.8M)(12.3M)(574K)(602.7K)
Income Tax Expense691K(10.2M)284K17K1K1.1K
Selling And Marketing Expenses4.4M2.5M2.0M1.4M1.3M1.2M
Research Development1.2M724K365K35K31.5K29.9K
Tax Provision691K(10.2M)284K17K1K950.0
Net Income Applicable To Common Shares(90.1M)(31.5M)7.5M(17.3M)(15.6M)(16.4M)
Net Income From Continuing Ops(33.9M)6.4M(17.8M)(12.3M)123K129.2K
Minority Interest(39.4M)(33.0M)452K(1.0M)(380K)(399K)
Net Interest Income(436K)(742K)(1.1M)(911K)(320K)(304K)
Reconciled Depreciation1.9M2.3M4.5M2.9M977K928.2K

Pair Trading with Airnet Technology

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 Airnet Technology 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 Airnet Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Airnet Stock

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Moving against Airnet Stock

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The ability to find closely correlated positions to Airnet Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airnet Technology 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 Airnet Technology - 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 Airnet Technology to buy it.
The correlation of Airnet Technology 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 Airnet Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airnet Technology 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 Airnet Technology 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
When determining whether Airnet Technology is a strong investment it is important to analyze Airnet Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Airnet Technology's future performance. For an informed investment choice regarding Airnet Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airnet Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Airnet Stock refer to our How to Trade Airnet Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Airnet Technology's price analysis, check to measure Airnet Technology'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 Airnet Technology is operating at the current time. Most of Airnet Technology's value examination focuses on studying past and present price action to predict the probability of Airnet Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airnet Technology's price. Additionally, you may evaluate how the addition of Airnet Technology to your portfolios can decrease your overall portfolio volatility.
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Is Airnet Technology'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 Airnet Technology. If investors know Airnet 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 Airnet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
0.129
Quarterly Revenue Growth
(0.78)
Return On Assets
(0.03)
Return On Equity
(16.31)
The market value of Airnet Technology is measured differently than its book value, which is the value of Airnet that is recorded on the company's balance sheet. Investors also form their own opinion of Airnet Technology's value that differs from its market value or its book value, called intrinsic value, which is Airnet Technology'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 Airnet Technology's market value can be influenced by many factors that don't directly affect Airnet Technology'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 Airnet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airnet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airnet Technology'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.