Innovid Historical Income Statement
| CTV Stock | USD 2.09 0.07 3.24% |
Historical analysis of Innovid Corp income statement accounts such as Net Interest Income of 3 M, Interest Income of 16.1 M or Depreciation And Amortization of 11.3 M can show how well Innovid Corp performed in making a profits. Evaluating Innovid Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Innovid Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Innovid Corp 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 Innovid Corp is a good buy for the upcoming year.
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About Innovid Income Statement Analysis
Innovid Corp 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 Innovid Corp shareholders. The income statement also shows Innovid 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).
Innovid Corp Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Innovid Corp 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.Most accounts from Innovid Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Innovid Corp 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 Innovid Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.At this time, Innovid Corp's Tax Provision is fairly stable compared to the past year. Interest Income is likely to climb to about 16.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 25.2 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 661K | 6.1M | 10.7M | 11.3M | Interest Income | 4.4M | 13.3M | 15.4M | 16.1M |
Innovid Corp income statement Correlations
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Innovid Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Innovid Corp
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 Innovid Corp 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 Innovid Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Innovid Stock
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The ability to find closely correlated positions to Innovid Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovid Corp 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 Innovid Corp - 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 Innovid Corp to buy it.
The correlation of Innovid Corp 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 Innovid Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovid 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 Innovid Corp 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.Additional Tools for Innovid Stock Analysis
When running Innovid Corp's price analysis, check to measure Innovid Corp'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 Innovid Corp is operating at the current time. Most of Innovid Corp's value examination focuses on studying past and present price action to predict the probability of Innovid Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovid Corp's price. Additionally, you may evaluate how the addition of Innovid Corp to your portfolios can decrease your overall portfolio volatility.