First Historical Income Statement

AG Stock

USD 7.17 0.13 1.85%

Historical analysis of First Majestic income statement accounts such as Interest Expense of 16 M or Selling General Administrative of 52.9 M can show how well First Majestic Silver performed in making a profits. Evaluating First Majestic income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Majestic's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining First Majestic Silver 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 First Majestic Silver is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

About First Income Statement Analysis

First Majestic Silver 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 First Majestic shareholders. The income statement also shows First 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).

First Majestic Income Statement Chart

First Majestic Silver Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Majestic Silver revenue and expense. First Majestic Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, First Majestic's Selling General Administrative is most likely to increase significantly in the upcoming years. The First Majestic's current Total Revenue is estimated to increase to about 613.5 M, while Operating Income is forecasted to increase to (54.8 M).

Selling General Administrative Total Revenue Other Operating Expenses Total Operating Expenses Tax Provision

Total Revenue

Total revenue comprises all receipts First Majestic Silver 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 First Majestic Silver. It is also known as First Majestic 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from First Majestic's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Majestic Silver 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 First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

First Majestic income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Cost Of Revenue	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.85	0.78	0.9	-0.45	0.97	-0.45	-0.7	0.0	0.75	-0.65	-0.51	-0.69	-0.38	-0.59	0.98	-0.11	-0.01	0.61	-0.74	0.76	-0.56
Interest Expense	0.85		0.77	0.87	-0.28	0.9	-0.31	-0.57	0.04	0.84	-0.58	-0.51	-0.58	-0.41	-0.49	0.89	-0.21	-0.06	0.61	-0.9	0.58	-0.56
Selling General Administrative	0.78	0.77		0.91	0.01	0.87	-0.06	-0.32	0.3	0.94	-0.33	-0.3	-0.4	-0.09	-0.48	0.85	0.17	-0.05	0.36	-0.69	0.64	-0.59
Total Revenue	0.9	0.87	0.91		-0.06	0.96	-0.08	-0.39	0.34	0.93	-0.34	-0.26	-0.4	-0.12	-0.41	0.95	0.01	0.13	0.54	-0.84	0.76	-0.54
Gross Profit	-0.45	-0.28	0.01	-0.06		-0.32	0.85	0.93	0.84	0.09	0.84	0.61	0.84	0.61	0.56	-0.36	0.45	0.28	-0.23	0.1	-0.32	0.26
Other Operating Expenses	0.97	0.9	0.87	0.96	-0.32		-0.3	-0.62	0.09	0.87	-0.55	-0.41	-0.6	-0.28	-0.54	1.0	-0.12	0.04	0.56	-0.83	0.8	-0.6
Operating Income	-0.45	-0.31	-0.06	-0.08	0.85	-0.3		0.8	0.66	0.06	0.9	0.83	0.91	0.65	0.74	-0.33	0.1	0.41	-0.36	0.11	-0.25	0.15
Ebit	-0.7	-0.57	-0.32	-0.39	0.93	-0.62	0.8		0.7	-0.28	0.89	0.65	0.91	0.62	0.66	-0.65	0.42	0.26	-0.34	0.4	-0.52	0.46
Ebitda	0.0	0.04	0.3	0.34	0.84	0.09	0.66	0.7		0.33	0.61	0.42	0.57	0.52	0.35	0.06	0.52	0.41	0.15	-0.16	0.04	0.2
Total Operating Expenses	0.75	0.84	0.94	0.93	0.09	0.87	0.06	-0.28	0.33		-0.25	-0.22	-0.29	-0.11	-0.37	0.84	0.03	0.0	0.35	-0.83	0.61	-0.62
Income Before Tax	-0.65	-0.58	-0.33	-0.34	0.84	-0.55	0.9	0.89	0.61	-0.25		0.92	0.96	0.81	0.85	-0.57	0.21	0.55	-0.48	0.33	-0.42	0.5
Total Other Income Expense Net	-0.51	-0.51	-0.3	-0.26	0.61	-0.41	0.83	0.65	0.42	-0.22	0.92		0.85	0.84	0.87	-0.43	0.0	0.72	-0.53	0.23	-0.28	0.46
Net Income	-0.69	-0.58	-0.4	-0.4	0.84	-0.6	0.91	0.91	0.57	-0.29	0.96	0.85		0.62	0.84	-0.63	0.16	0.39	-0.47	0.37	-0.5	0.4
Income Tax Expense	-0.38	-0.41	-0.09	-0.12	0.61	-0.28	0.65	0.62	0.52	-0.11	0.81	0.84	0.62		0.64	-0.29	0.25	0.77	-0.38	0.15	-0.13	0.57
Net Income From Continuing Ops	-0.59	-0.49	-0.48	-0.41	0.56	-0.54	0.74	0.66	0.35	-0.37	0.85	0.87	0.84	0.64		-0.55	-0.06	0.59	-0.4	0.29	-0.56	0.51
Cost Of Revenue	0.98	0.89	0.85	0.95	-0.36	1.0	-0.33	-0.65	0.06	0.84	-0.57	-0.43	-0.63	-0.29	-0.55		-0.13	0.04	0.58	-0.81	0.8	-0.58
Non Recurring	-0.11	-0.21	0.17	0.01	0.45	-0.12	0.1	0.42	0.52	0.03	0.21	0.0	0.16	0.25	-0.06	-0.13		0.02	-0.25	0.3	-0.15	0.3
Tax Provision	-0.01	-0.06	-0.05	0.13	0.28	0.04	0.41	0.26	0.41	0.0	0.55	0.72	0.39	0.77	0.59	0.04	0.02		-0.14	-0.15	0.04	0.55
Interest Income	0.61	0.61	0.36	0.54	-0.23	0.56	-0.36	-0.34	0.15	0.35	-0.48	-0.53	-0.47	-0.38	-0.4	0.58	-0.25	-0.14		-0.58	0.54	-0.24
Net Interest Income	-0.74	-0.9	-0.69	-0.84	0.1	-0.83	0.11	0.4	-0.16	-0.83	0.33	0.23	0.37	0.15	0.29	-0.81	0.3	-0.15	-0.58		-0.63	0.43
Reconciled Depreciation	0.76	0.58	0.64	0.76	-0.32	0.8	-0.25	-0.52	0.04	0.61	-0.42	-0.28	-0.5	-0.13	-0.56	0.8	-0.15	0.04	0.54	-0.63		-0.42
Selling And Marketing Expenses	-0.56	-0.56	-0.59	-0.54	0.26	-0.6	0.15	0.46	0.2	-0.62	0.5	0.46	0.4	0.57	0.51	-0.58	0.3	0.55	-0.24	0.43	-0.42

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First Majestic Account Relationship Matchups

First Majestic income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	67.2M	64.7M	116.4M	137.4M	137.0M	143.8M
Interest Expense	12.0M	12.1M	12.6M	12.9M	15.2M	16.0M
Selling General Administrative	33.5M	31.2M	37.7M	48.7M	50.4M	52.9M
Total Revenue	368.8M	366.7M	587.2M	626.9M	584.3M	613.5M
Gross Profit	67.9M	105.1M	101.4M	16.8M	16.1M	15.3M
Other Operating Expenses	346.1M	318.7M	540.4M	678.5M	642.0M	674.1M
Operating Income	28.4M	40.4M	49.2M	(50.5M)	(57.7M)	(54.8M)
Ebit	28.4M	40.4M	49.2M	(50.5M)	(57.7M)	(54.8M)
Ebitda	95.6M	105.0M	165.6M	86.9M	79.3M	61.4M
Total Operating Expenses	45.1M	57.1M	54.6M	68.4M	73.8M	77.5M
Income Before Tax	(39.0M)	29.7M	25.3M	(61.4M)	(199.5M)	(189.5M)
Total Other Income Expense Net	(67.4M)	(10.6M)	(24.0M)	(10.9M)	(141.8M)	(134.7M)
Net Income	(40.5M)	23.1M	(4.9M)	(114.3M)	(137.6M)	(130.7M)
Income Tax Expense	1.5M	6.6M	30.2M	52.9M	(61.9M)	(58.8M)
Net Income From Continuing Ops	(40.5M)	23.1M	(4.9M)	(114.3M)	(162.2M)	(154.1M)
Cost Of Revenue	301.0M	261.6M	485.8M	610.1M	568.2M	596.6M
Net Income Applicable To Common Shares	(40.5M)	23.1M	(4.9M)	(114.3M)	(102.8M)	(97.7M)
Tax Provision	1.5M	6.6M	30.2M	52.9M	(62.1M)	(58.9M)
Interest Income	3.9M	1.1M	13.0M	2.4M	7.1M	5.6M
Net Interest Income	(6.4M)	(11.3M)	(12.1M)	(11.9M)	(10.5M)	(11.0M)
Reconciled Depreciation	67.2M	56.3M	118.3M	137.4M	131.9M	107.4M

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When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic'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 First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:

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Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running First Majestic's price analysis, check to measure First Majestic'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 First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.

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Is First Majestic'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 First Majestic. If investors know First 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 First Majestic 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

2.359

Dividend Share

0.018

Earnings Share

(0.16)

Revenue Per Share

1.831

Quarterly Revenue Growth

(0.33)

The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic'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 First Majestic's market value can be influenced by many factors that don't directly affect First Majestic'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 First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic'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.

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First Historical Income Statement

About First Income Statement Analysis

First Majestic Income Statement Chart

Total Revenue

Other Operating Expenses

Total Operating Expenses

Tax Provision

First Majestic income statement Correlations

First Majestic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Majestic income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Cost Of Revenue	+ 0.98	Depreciation And Amortization
Other Operating Expenses	+ 0.97	Depreciation And Amortization
Other Operating Expenses	+ 0.96	Total Revenue
Net Income	+ 0.96	Income Before Tax
Cost Of Revenue	+ 0.95	Total Revenue

Net Interest Income	- 0.9	Interest Expense
Net Interest Income	- 0.84	Total Revenue
Net Interest Income	- 0.83	Total Operating Expenses
Net Interest Income	- 0.83	Other Operating Expenses
Net Interest Income	- 0.81	Cost Of Revenue
Net Interest Income	- 0.74	Depreciation And Amortization