Nexoptic Technology Corp Stock Net Income

NXO Stock  CAD 0.03  0.01  16.67%   
Nexoptic Technology Corp fundamentals help investors to digest information that contributes to Nexoptic Technology's financial success or failures. It also enables traders to predict the movement of Nexoptic Stock. The fundamental analysis module provides a way to measure Nexoptic Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nexoptic Technology stock.
Last ReportedProjected for Next Year
Net Loss-2.4 M-2.5 M
Net Loss-2.4 M-2.5 M
Net Loss-3 M-3.1 M
Net Loss(0.03)(0.03)
Net Income Per E B T 0.89  0.70 
Net Loss is likely to drop to about (2.5 M) in 2024. Net Loss is likely to drop to about (2.5 M) in 2024.
  
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Nexoptic Technology Corp Company Net Income Analysis

Nexoptic Technology's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Nexoptic Technology Net Income

    
  (2.38 M)  
Most of Nexoptic Technology's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexoptic Technology Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nexoptic Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Nexoptic Technology is extremely important. It helps to project a fair market value of Nexoptic Stock properly, considering its historical fundamentals such as Net Income. Since Nexoptic Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nexoptic Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nexoptic Technology's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Nexoptic Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

5.57 Million

At this time, Nexoptic Technology's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Nexoptic Technology Corp reported net income of (2.38 Million). This is 100.44% lower than that of the Electronic Equipment, Instruments & Components sector and 101.82% lower than that of the Information Technology industry. The net income for all Canada stocks is 100.42% higher than that of the company.

Nexoptic Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexoptic Technology's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nexoptic Technology could also be used in its relative valuation, which is a method of valuing Nexoptic Technology by comparing valuation metrics of similar companies.
Nexoptic Technology is currently under evaluation in net income category among related companies.

Nexoptic Technology Current Valuation Drivers

We derive many important indicators used in calculating different scores of Nexoptic Technology from analyzing Nexoptic Technology's financial statements. These drivers represent accounts that assess Nexoptic Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nexoptic Technology's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap52.2M65.2M71.5M12.3M11.1M10.5M
Enterprise Value52.0M62.9M71.2M11.6M10.4M9.9M

Nexoptic Fundamentals

About Nexoptic Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nexoptic Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexoptic Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexoptic Technology Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Nexoptic Technology 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, Nexoptic Technology's short interest history, or implied volatility extrapolated from Nexoptic Technology options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexoptic Technology 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 board of governors.
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When running Nexoptic Technology's price analysis, check to measure Nexoptic Technology'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 Nexoptic Technology is operating at the current time. Most of Nexoptic Technology's value examination focuses on studying past and present price action to predict the probability of Nexoptic Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexoptic Technology's price. Additionally, you may evaluate how the addition of Nexoptic Technology to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nexoptic Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexoptic Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexoptic Technology'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.