Iradimed Historical Income Statement

IRMD Stock  USD 43.85  1.85  4.40%   
Historical analysis of Iradimed income statement accounts such as Selling And Marketing Expenses of 7.8 M or Total Revenue of 35.1 M can show how well Iradimed Co performed in making a profits. Evaluating Iradimed income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Iradimed's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Iradimed 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 Iradimed is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iradimed Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About Iradimed Income Statement Analysis

Iradimed 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 Iradimed shareholders. The income statement also shows Iradimed 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).

Iradimed Income Statement Chart

Iradimed Co Income Statement is one of the three primary financial statements used for reporting Iradimed's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Iradimed revenue and expense. Iradimed Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Iradimed's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 21 M, whereas Selling General Administrative is forecasted to decline to about 9.3 M.

Total Revenue

Total revenue comprises all receipts Iradimed 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 Iradimed Co minus its cost of goods sold. It is profit before Iradimed 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.
Most accounts from Iradimed's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Iradimed 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iradimed Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At present, Iradimed's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 21 M, whereas Selling General Administrative is forecasted to decline to about 9.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit32.0M41.3M50.2M27.1M
Total Revenue41.8M53.3M65.6M35.1M

Iradimed income statement Correlations

0.460.490.250.240.42-0.24-0.240.29-0.160.30.47-0.24-0.27-0.11-0.57-0.130.01-0.94-0.29-0.350.35-0.37
0.460.910.920.920.970.60.60.930.650.920.980.610.560.670.280.640.72-0.440.550.49-0.50.5
0.490.910.930.920.980.610.610.90.660.960.970.610.540.710.190.690.75-0.430.520.47-0.510.42
0.250.920.931.00.970.790.790.940.820.990.950.790.640.830.470.820.8-0.190.630.59-0.620.58
0.240.920.921.00.960.80.80.940.830.980.940.80.630.840.50.820.79-0.170.620.58-0.610.57
0.420.970.980.970.960.670.670.950.710.981.00.670.60.750.30.720.78-0.380.590.54-0.560.53
-0.240.60.610.790.80.671.00.691.00.740.631.00.820.980.830.980.830.320.820.8-0.820.7
-0.240.60.610.790.80.671.00.691.00.740.631.00.820.980.830.980.830.320.820.8-0.820.7
0.290.930.90.940.940.950.690.690.730.940.940.70.630.730.450.70.75-0.220.610.58-0.610.6
-0.160.650.660.820.830.711.01.00.730.770.681.00.810.980.80.980.850.250.80.79-0.810.68
0.30.920.960.990.980.980.740.740.940.770.960.740.660.810.380.790.81-0.250.650.6-0.640.61
0.470.980.970.950.941.00.630.630.940.680.960.630.570.710.260.690.75-0.430.550.5-0.520.48
-0.240.610.610.790.80.671.01.00.71.00.740.630.850.980.830.980.850.320.840.83-0.850.72
-0.270.560.540.640.630.60.820.820.630.810.660.570.850.860.630.850.90.251.00.99-0.980.91
-0.110.670.710.830.840.750.980.980.730.980.810.710.980.860.71.00.890.160.850.83-0.840.71
-0.570.280.190.470.50.30.830.830.450.80.380.260.830.630.70.70.540.680.630.64-0.670.59
-0.130.640.690.820.820.720.980.980.70.980.790.690.980.851.00.70.880.190.840.82-0.830.7
0.010.720.750.80.790.780.830.830.750.850.810.750.850.90.890.540.880.010.880.86-0.880.7
-0.94-0.44-0.43-0.19-0.17-0.380.320.32-0.220.25-0.25-0.430.320.250.160.680.190.010.260.32-0.350.33
-0.290.550.520.630.620.590.820.820.610.80.650.550.841.00.850.630.840.880.261.0-0.980.92
-0.350.490.470.590.580.540.80.80.580.790.60.50.830.990.830.640.820.860.321.0-0.990.92
0.35-0.5-0.51-0.62-0.61-0.56-0.82-0.82-0.61-0.81-0.64-0.52-0.85-0.98-0.84-0.67-0.83-0.88-0.35-0.98-0.99-0.9
-0.370.50.420.580.570.530.70.70.60.680.610.480.720.910.710.590.70.70.330.920.92-0.9
Click cells to compare fundamentals

Iradimed Account Relationship Matchups

Iradimed income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.2M1.3M1.4M670.7K(2.0)(1.9)
Interest Expense395.9K139.2K18.6K581.9K669.1K702.6K
Selling General Administrative10.5M12.3M9.8M10.7M15.1M9.3M
Selling And Marketing Expenses9.2M10.2M10.6M12.7M12.1M7.8M
Total Revenue38.5M31.7M41.8M53.3M65.6M35.1M
Gross Profit29.7M23.6M32.0M41.3M50.2M27.1M
Other Operating Expenses29.9M32.5M32.0M37.7M45.5M26.8M
Operating Income8.6M(756.1K)9.8M15.6M20.0M21.0M
Ebit8.6M(756.1K)9.8M15.6M20.0M21.0M
Research Development1.4M1.9M1.9M2.3M2.9M1.8M
Ebitda9.9M582.7K11.2M16.3M20.0M21.0M
Cost Of Revenue8.8M8.1M9.8M12.0M15.4M8.0M
Total Operating Expenses21.1M24.3M22.2M25.7M30.1M18.8M
Income Before Tax9.0M(616.9K)9.8M16.2M21.7M22.8M
Total Other Income Expense Net395.9K139.2K18.6K553.1K1.7M1.8M
Net Income Applicable To Common Shares9.6M1.4M9.3M12.8M14.8M15.5M
Net Income9.6M1.4M9.3M12.8M17.2M18.1M
Income Tax Expense(587.6K)(2.0M)510.8K3.4M4.5M4.8M
Net Income From Continuing Ops9.6M1.4M9.3M12.8M16.3M17.1M
Non Operating Income Net Other395.9K139.2K18.6K553.1K636.1K667.9K
Tax Provision(587.6K)(2.0M)510.8K3.4M4.4M4.7M
Interest Income388.8K132.2K34.8K581.9K1.9M2.0M
Net Interest Income388.8K132.2K34.8K581.9K1.9M2.0M
Reconciled Depreciation1.2M1.3M1.4M670.7K(133.1K)(126.4K)

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When determining whether Iradimed is a strong investment it is important to analyze Iradimed'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 Iradimed's future performance. For an informed investment choice regarding Iradimed Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iradimed Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Iradimed'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 Iradimed. If investors know Iradimed 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 Iradimed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.231
Dividend Share
0.15
Earnings Share
1.35
Revenue Per Share
5.202
Quarterly Revenue Growth
0.174
The market value of Iradimed is measured differently than its book value, which is the value of Iradimed that is recorded on the company's balance sheet. Investors also form their own opinion of Iradimed's value that differs from its market value or its book value, called intrinsic value, which is Iradimed'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 Iradimed's market value can be influenced by many factors that don't directly affect Iradimed'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 Iradimed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iradimed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iradimed'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.