Journey Historical Income Statement
| DERM Stock | USD 3.80 0.22 5.47% |
Historical analysis of Journey Medical income statement accounts such as Selling General Administrative of 53.8 M or Total Revenue of 41.7 M can show how well Journey Medical Corp performed in making a profits. Evaluating Journey Medical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Journey Medical's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Journey Medical 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 Journey Medical Corp is a good buy for the upcoming year.
Journey |
About Journey Income Statement Analysis
Journey Medical 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 Journey Medical shareholders. The income statement also shows Journey 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).
Journey Medical Income Statement Chart
Journey Medical Corp Income Statement is one of the three primary financial statements used for reporting Journey's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Journey Medical Corp revenue and expense. Journey Medical Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Journey Medical's Total Operating Expenses is very stable compared to the past year. As of the 17th of April 2024, Interest Income is likely to grow to about 271.9 K, while Total Revenue is likely to drop about 41.7 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Journey Medical 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Journey Medical Corp minus its cost of goods sold. It is profit before Journey Medical 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 Journey Medical Corp. It is also known as Journey Medical 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 Journey Medical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Journey Medical 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Journey Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Journey Medical's Total Operating Expenses is very stable compared to the past year. As of the 17th of April 2024, Interest Income is likely to grow to about 271.9 K, while Total Revenue is likely to drop about 41.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.0M | 2.0M | 1.7M | 1.6M | Depreciation And Amortization | 2K | 60K | 3.9M | 4.0M |
Journey Medical income statement Correlations
Click cells to compare fundamentals
Journey Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Journey Medical income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.3M | 1.5M | 2K | 60K | 3.9M | 4.0M | |
| Interest Expense | 255K | 698K | 7.0M | 2.0M | 1.7M | 1.6M | |
| Selling General Administrative | 19.1M | 22.1M | 39.8M | 59.5M | 48.1M | 53.8M | |
| Total Revenue | 34.9M | 44.5M | 63.1M | 73.7M | 79.2M | 41.7M | |
| Gross Profit | 24.4M | 29.9M | 31.1M | 42.9M | 52.5M | 29.0M | |
| Other Operating Expenses | 29.7M | 36.7M | 88.5M | 101.2M | 78.1M | 90.8M | |
| Operating Income | 5.3M | 7.9M | (25.3M) | (27.5M) | 1.1M | 1.1M | |
| Ebit | 5.3M | 7.9M | (25.3M) | (27.5M) | 1.1M | 1.1M | |
| Ebitda | 6.5M | 9.4M | (25.3M) | (27.5M) | 4.9M | 5.2M | |
| Total Operating Expenses | 19.1M | 22.1M | 56.4M | 70.4M | 51.5M | 81.5M | |
| Income Before Tax | 5.0M | 7.2M | (42.4M) | (29.6M) | (3.6M) | (3.8M) | |
| Total Other Income Expense Net | (255K) | (698K) | (17.0M) | (2.0M) | (4.7M) | (4.9M) | |
| Net Income | 3.6M | 5.3M | (44.0M) | (29.6M) | (3.9M) | (4.0M) | |
| Income Tax Expense | 1.4M | 1.9M | 1.6M | 63K | 221K | 210.0K | |
| Cost Of Revenue | 10.5M | 14.6M | 32.1M | 30.8M | 26.7M | 21.2M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Journey Medical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Journey Medical's short interest history, or implied volatility extrapolated from Journey Medical options trading.
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
| 0.88 | NVO | Novo Nordisk AS Financial Report 2nd of May 2024 | PairCorr |
| 0.79 | ABBV | AbbVie Inc Financial Report 25th of April 2024 | PairCorr |
| 0.73 | CCCC | C4 TherapeuticsInc Financial Report 2nd of May 2024 | PairCorr |
| 0.71 | BMY | Bristol Myers Squibb Earnings Call Next Week | PairCorr |
| 0.7 | ERAS | Erasca Inc Financial Report 20th 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Journey Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
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.