AFN Historical Income Statement

AFN Stock  CAD 51.62  0.76  1.45%   
Historical analysis of Ag Growth income statement accounts such as Interest Expense of 77.4 M, Selling General Administrative of 296.7 M or Total Revenue of 1.6 B can show how well Ag Growth International performed in making a profits. Evaluating Ag Growth income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ag Growth's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ag Growth International 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 Ag Growth International 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 Ag Growth International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About AFN Income Statement Analysis

Ag Growth International 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 Ag Growth shareholders. The income statement also shows AFN 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).

Ag Growth Income Statement Chart

At this time, Ag Growth's Operating Income is very stable compared to the past year. As of the 12th of June 2024, EBIT is likely to grow to about 158.8 M, while Research Development is likely to drop about 1.1 M.

Total Revenue

Total revenue comprises all receipts Ag Growth International 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 Ag Growth International minus its cost of goods sold. It is profit before Ag Growth 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 Ag Growth International. It is also known as Ag Growth 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 Ag Growth's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ag Growth International 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 Ag Growth International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Ag Growth's Operating Income is very stable compared to the past year. As of the 12th of June 2024, EBIT is likely to grow to about 158.8 M, while Research Development is likely to drop about 1.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit304.0M420.6M479.1M503.1M
Total Revenue1.2B1.5B1.5B1.6B

Ag Growth income statement Correlations

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0.980.990.990.980.990.820.80.30.920.980.820.17-0.430.21-0.330.940.80.150.31-0.970.850.85
0.990.991.00.981.00.80.790.30.910.990.770.1-0.510.14-0.320.950.80.080.26-0.960.870.89
0.990.991.00.981.00.810.80.320.921.00.760.12-0.520.15-0.30.950.810.090.27-0.950.870.89
0.970.980.980.980.980.910.890.280.970.960.830.28-0.420.3-0.180.890.750.240.44-0.960.780.83
0.990.991.01.00.980.80.790.290.910.990.790.13-0.470.17-0.330.950.80.110.26-0.960.880.88
0.780.820.80.810.910.80.980.210.960.750.840.6-0.180.580.170.660.550.530.75-0.820.470.59
0.770.80.790.80.890.790.980.210.970.750.780.57-0.220.550.180.640.570.490.7-0.810.480.62
0.230.30.30.320.280.290.210.210.230.330.060.0-0.27-0.040.160.360.28-0.130.0-0.160.230.18
0.910.920.910.920.970.910.960.970.230.890.840.42-0.330.42-0.040.790.680.360.56-0.920.670.78
0.980.980.991.00.960.990.750.750.330.890.710.05-0.550.09-0.350.960.830.020.2-0.940.90.9
0.80.820.770.760.830.790.840.780.060.840.710.540.080.57-0.140.650.450.550.53-0.860.560.58
0.10.170.10.120.280.130.60.570.00.420.050.540.630.980.550.030.020.970.83-0.18-0.19-0.18
-0.46-0.43-0.51-0.52-0.42-0.47-0.18-0.22-0.27-0.33-0.550.080.630.650.3-0.49-0.480.690.250.39-0.53-0.65
0.150.210.140.150.30.170.580.55-0.040.420.090.570.980.650.380.070.090.990.79-0.22-0.11-0.14
-0.39-0.33-0.32-0.3-0.18-0.330.170.180.16-0.04-0.35-0.140.550.30.38-0.36-0.350.360.520.34-0.6-0.47
0.920.940.950.950.890.950.660.640.360.790.960.650.03-0.490.07-0.360.870.010.16-0.860.870.79
0.770.80.80.810.750.80.550.570.280.680.830.450.02-0.480.09-0.350.870.010.2-0.70.750.64
0.090.150.080.090.240.110.530.49-0.130.360.020.550.970.690.990.360.010.010.8-0.17-0.17-0.19
0.230.310.260.270.440.260.750.70.00.560.20.530.830.250.790.520.160.20.8-0.3-0.16-0.03
-0.97-0.97-0.96-0.95-0.96-0.96-0.82-0.81-0.16-0.92-0.94-0.86-0.180.39-0.220.34-0.86-0.7-0.17-0.3-0.85-0.88
0.890.850.870.870.780.880.470.480.230.670.90.56-0.19-0.53-0.11-0.60.870.75-0.17-0.16-0.850.9
0.920.850.890.890.830.880.590.620.180.780.90.58-0.18-0.65-0.14-0.470.790.64-0.19-0.03-0.880.9
Click cells to compare fundamentals

Ag Growth Account Relationship Matchups

Ag Growth income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization48.2M55.3M62.0M75.4M86.7M91.1M
Interest Expense44.8M46.7M43.6M61.1M73.7M77.4M
Selling General Administrative177.1M183.0M213.2M267.5M282.6M296.7M
Total Revenue995.8M994.0M1.2B1.5B1.5B1.6B
Gross Profit267.7M206.7M304.0M420.6M479.1M503.1M
Other Operating Expenses922.0M992.9M1.1B1.3B1.5B1.6B
Operating Income71.7M(2.8M)73.9M131.5M176.3M185.1M
Ebit71.7M(2.8M)73.9M131.5M151.2M158.8M
Ebitda119.8M52.5M135.9M206.9M238.0M249.9M
Cost Of Revenue728.0M787.3M894.5M1.0B1.0B1.1B
Total Operating Expenses194.0M205.6M236.2M289.4M1.4B1.4B
Income Before Tax18.4M(81.0M)9.4M(45.3M)86.1M90.4M
Total Other Income Expense Net(53.3M)(78.2M)(64.5M)(176.8M)(16.9M)(17.8M)
Net Income14.6M(61.6M)10.6M(50.6M)68.9M72.3M
Income Tax Expense3.8M(19.3M)(1.2M)5.3M4.7M4.7M
Net Income From Continuing Ops14.6M(61.6M)10.6M(50.6M)68.9M72.3M
Net Income Applicable To Common Shares14.6M(61.6M)10.6M(50.6M)(45.5M)(43.2M)
Tax Provision3.8M(19.3M)(1.2M)5.3M17.2M18.0M
Net Interest Income(44.6M)(46.2M)(43.2M)(60.7M)(73.3M)(69.6M)
Interest Income235K444K377K327K396K294.1K
Reconciled Depreciation48.2M55.3M62.0M75.4M63.3M57.6M

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Other Information on Investing in AFN Stock

Ag Growth International 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 Ag Growth shareholders. The income statement also shows AFN 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).