Biomerica Net Income from 2010 to 2024

BMRA Stock  USD 0.76  0.01  1.33%   
Biomerica's Net Loss is decreasing over the years with slightly volatile fluctuation. Overall, Net Loss is projected to go to about -6.1 M this year. From 2010 to 2024 Biomerica Net Loss quarterly data regression line had arithmetic mean of (2,709,250) and significance of  0.000018. View All Fundamentals
 
Net Loss  
First Reported
1989-02-28
Previous Quarter
-1.5 M
Current Value
-1.9 M
Quarterly Volatility
575.6 K
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Biomerica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Biomerica main balance sheet or income statement drivers, such as Depreciation And Amortization of 213.2 K, Interest Expense of 32.2 K or Selling General Administrative of 6.6 M, as well as many exotic indicators such as Price To Sales Ratio of 2.75, Dividend Yield of 0.0 or PTB Ratio of 2.33. Biomerica financial statements analysis is a perfect complement when working with Biomerica Valuation or Volatility modules.
  
This module can also supplement Biomerica's financial leverage analysis and stock options assessment as well as various Biomerica Technical models . Check out the analysis of Biomerica Correlation against competitors.
For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.

Latest Biomerica's Net Income Growth Pattern

Below is the plot of the Net Income of Biomerica over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Biomerica financial statement analysis. It represents the amount of money remaining after all of Biomerica operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Biomerica's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Biomerica's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (7.14 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Biomerica Net Income Regression Statistics

Arithmetic Mean(2,709,250)
Coefficient Of Variation(99.92)
Mean Deviation2,283,271
Median(1,900,000)
Standard Deviation2,707,075
Sample Variance7.3T
Range7.7M
R-Value(0.88)
Mean Square Error1.8T
R-Squared0.77
Significance0.000018
Slope(530,363)
Total Sum of Squares102.6T

Biomerica Net Income History

2024-6.1 M
2023-6.4 M
2022-7.1 M
2021-4.5 M
2020-6.5 M
2019-2.3 M
2018-2.4 M

Other Fundumenentals of Biomerica

Biomerica Net Income component correlations

About Biomerica Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Biomerica income statement, its balance sheet, and the statement of cash flows. Biomerica investors use historical funamental indicators, such as Biomerica's Net Income, to determine how well the company is positioned to perform in the future. Although Biomerica investors may use each financial statement separately, they are all related. The changes in Biomerica's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Biomerica's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Biomerica Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Biomerica. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-6.4 M-6.1 M
Net Loss-6.4 M-6.1 M
Net Loss-6.4 M-6.1 M
Net Loss(0.45)(0.43)
Net Income Per E B T 0.91  0.62 

Pair Trading with Biomerica

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

Moving against Biomerica Stock

  0.41WST West Pharmaceutical Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Biomerica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biomerica 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 Biomerica - 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 Biomerica to buy it.
The correlation of Biomerica 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 Biomerica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biomerica 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 Biomerica 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 Biomerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biomerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biomerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biomerica Stock:
Check out the analysis of Biomerica Correlation against competitors.
For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Biomerica's price analysis, check to measure Biomerica'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 Biomerica is operating at the current time. Most of Biomerica's value examination focuses on studying past and present price action to predict the probability of Biomerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomerica's price. Additionally, you may evaluate how the addition of Biomerica to your portfolios can decrease your overall portfolio volatility.
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Is Biomerica'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 Biomerica. If investors know Biomerica 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 Biomerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.37)
Revenue Per Share
0.323
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.43)
Return On Equity
(0.92)
The market value of Biomerica is measured differently than its book value, which is the value of Biomerica that is recorded on the company's balance sheet. Investors also form their own opinion of Biomerica's value that differs from its market value or its book value, called intrinsic value, which is Biomerica'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 Biomerica's market value can be influenced by many factors that don't directly affect Biomerica'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 Biomerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomerica'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.