AudioEye Historical Income Statement
AEYE Stock | USD 10.07 0.18 1.76% |
Historical analysis of AudioEye income statement accounts such as Interest Expense of 88.3 K, Selling General Administrative of 7.5 M or Total Revenue of 32.9 M can show how well AudioEye performed in making a profits. Evaluating AudioEye income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AudioEye's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AudioEye 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 AudioEye is a good buy for the upcoming year.
AudioEye |
About AudioEye Income Statement Analysis
AudioEye 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 AudioEye shareholders. The income statement also shows AudioEye 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).
AudioEye Income Statement Chart
AudioEye Income Statement is one of the three primary financial statements used for reporting AudioEye's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AudioEye revenue and expense. AudioEye Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, AudioEye's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 25.6 M, whereas Selling General Administrative is forecasted to decline to about 7.5 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts AudioEye 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AudioEye. It is also known as AudioEye 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.Cost Of Revenue
Cost of Revenue is found on AudioEye income statement and represents the costs associated with goods and services AudioEye provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from AudioEye's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AudioEye 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 AudioEye. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.At present, AudioEye's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 25.6 M, whereas Selling General Administrative is forecasted to decline to about 7.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 33.9M | 33.1M | 29.9M | 31.4M | Cost Of Revenue | 6.1M | 7.2M | 7.0M | 7.3M |
AudioEye income statement Correlations
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AudioEye Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AudioEye income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | (98.4K) | 1.2M | 1.6M | 2.7M | 2.6M | 2.8M | |
Interest Expense | 75.9K | 145K | 12K | 4K | 93K | 88.4K | |
Selling General Administrative | 8.9M | 11.9M | 14.0M | 13.4M | 11.5M | 7.5M | |
Total Revenue | 10.8M | 20.5M | 24.5M | 29.9M | 31.3M | 32.9M | |
Gross Profit | 6.4M | 14.5M | 18.4M | 22.7M | 24.3M | 25.6M | |
Other Operating Expenses | 18.6M | 27.6M | 40.0M | 40.3M | 36.8M | 38.7M | |
Operating Income | (7.8M) | (7.1M) | (15.5M) | (10.4M) | (5.5M) | (5.8M) | |
Ebit | (7.8M) | (7.1M) | (15.5M) | (10.4M) | (5.5M) | (5.8M) | |
Ebitda | (7.9M) | (6.0M) | (13.9M) | (7.8M) | (2.9M) | (3.0M) | |
Cost Of Revenue | 4.4M | 6.0M | 6.1M | 7.2M | 7.0M | 7.3M | |
Total Operating Expenses | 14.2M | 21.6M | 33.9M | 33.1M | 29.9M | 31.4M | |
Income Before Tax | (7.8M) | (7.2M) | (14.2M) | (10.4M) | (5.9M) | (6.2M) | |
Total Other Income Expense Net | 34.5K | (25K) | 1.3M | (4K) | (349K) | (366.5K) | |
Net Income | (7.0M) | (6.1M) | (12.6M) | (10.4M) | (5.9M) | (6.2M) | |
Income Tax Expense | (745.0K) | (1.0M) | (1.6M) | 4K | 3.6K | 3.8K | |
Selling And Marketing Expenses | 4.6M | 8.5M | 14.6M | 13.7M | 11.8M | 6.1M | |
Net Income From Continuing Ops | (7.8M) | (7.2M) | (14.2M) | (10.4M) | (7.3M) | (7.6M) | |
Research Development | 701.1K | 1.2M | 5.3M | 6.1M | 7.0M | 7.3M | |
Net Income Applicable To Common Shares | (7.8M) | (7.2M) | (14.3M) | (10.4M) | (9.4M) | (9.9M) | |
Net Interest Income | (75.9K) | (145K) | (12K) | (4K) | 133K | 139.7K | |
Reconciled Depreciation | 722.5K | 1.2M | 1.6M | 2.7M | 2.6M | 1.5M |
Pair Trading with AudioEye
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 AudioEye 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 AudioEye will appreciate offsetting losses from the drop in the long position's value.Moving together with AudioEye Stock
0.71 | DJCO | Daily Journal Corp | PairCorr |
Moving against AudioEye Stock
0.82 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
0.81 | DT | Dynatrace Holdings LLC Sell-off Trend | PairCorr |
0.8 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
0.78 | WK | Workiva Financial Report 7th of May 2024 | PairCorr |
0.59 | DV | DoubleVerify Holdings Sell-off Trend | PairCorr |
The ability to find closely correlated positions to AudioEye could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AudioEye 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 AudioEye - 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 AudioEye to buy it.
The correlation of AudioEye 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 AudioEye moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AudioEye 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 AudioEye 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioEye. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for AudioEye Stock analysis
When running AudioEye's price analysis, check to measure AudioEye'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 AudioEye is operating at the current time. Most of AudioEye's value examination focuses on studying past and present price action to predict the probability of AudioEye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AudioEye's price. Additionally, you may evaluate how the addition of AudioEye to your portfolios can decrease your overall portfolio volatility.
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Is AudioEye'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 AudioEye. If investors know AudioEye 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 AudioEye listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.50) | Revenue Per Share 2.662 | Quarterly Revenue Growth 0.017 | Return On Assets (0.12) | Return On Equity (0.68) |
The market value of AudioEye is measured differently than its book value, which is the value of AudioEye that is recorded on the company's balance sheet. Investors also form their own opinion of AudioEye's value that differs from its market value or its book value, called intrinsic value, which is AudioEye'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 AudioEye's market value can be influenced by many factors that don't directly affect AudioEye'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 AudioEye's value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioEye is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioEye'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.