Eventbrite Historical Income Statement
EB Stock | USD 5.57 0.10 1.83% |
Historical analysis of Eventbrite income statement accounts such as Interest Income of 28.9 M can show how well Eventbrite Class A performed in making a profits. Evaluating Eventbrite income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Eventbrite's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Eventbrite Class A 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 Eventbrite Class A is a good buy for the upcoming year.
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About Eventbrite Income Statement Analysis
Eventbrite Class A 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 Eventbrite shareholders. The income statement also shows Eventbrite 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).
Eventbrite Income Statement Chart
Eventbrite Class A Income Statement is one of the three primary financial statements used for reporting Eventbrite's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Eventbrite Class A revenue and expense. Eventbrite Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Eventbrite's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 6.7 M, whereas Selling General Administrative is forecasted to decline to about 91 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Eventbrite Class A 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 Eventbrite Class A minus its cost of goods sold. It is profit before Eventbrite 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.Most accounts from Eventbrite's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Eventbrite Class A 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eventbrite Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Eventbrite's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 6.7 M, whereas Selling General Administrative is forecasted to decline to about 91 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 15.1M | 17.6M | 14.7M | 16.0M | Interest Income | 16.3M | 17.6M | 27.5M | 28.9M |
Eventbrite income statement Correlations
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Eventbrite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eventbrite income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | (192K) | (80K) | 1.4M | 126K | 2.0M | 2.1M | |
Net Interest Income | (3.0M) | (24.6M) | (16.3M) | (11.3M) | 6.4M | 6.7M | |
Interest Income | 1.9M | 22.0M | 16.3M | 17.6M | 27.5M | 28.9M | |
Depreciation And Amortization | 30.1M | 20.7M | 15.1M | 17.6M | 14.7M | 16.0M | |
Interest Expense | 3.0M | 24.6M | 16.3M | 11.3M | 11.2M | 12.0M | |
Selling General Administrative | 100.5M | 103.1M | 82.4M | 81.3M | 91.3M | 91.0M | |
Selling And Marketing Expenses | 102.9M | 84.3M | 35.9M | 49.3M | 74.6M | 71.5M | |
Total Revenue | 326.8M | 106.0M | 187.1M | 260.9M | 326.1M | 252.1M | |
Gross Profit | 197.7M | 43.7M | 116.8M | 170.2M | 217.2M | 153.2M | |
Other Operating Expenses | 396.8M | 304.3M | 254.9M | 307.7M | 351.0M | 322.9M | |
Operating Income | (70.0M) | (198.3M) | (67.8M) | (46.7M) | (24.8M) | (26.1M) | |
Net Income From Continuing Ops | (68.8M) | (224.7M) | (139.1M) | (55.4M) | (21.5M) | (22.6M) | |
Ebit | (70.0M) | (198.3M) | (67.8M) | (46.7M) | (24.8M) | (26.1M) | |
Research Development | 64.2M | 54.6M | 66.3M | 86.3M | 91.4M | 63.6M | |
Ebitda | (39.9M) | (177.6M) | (52.7M) | (29.1M) | (10.1M) | (10.6M) | |
Cost Of Revenue | 129.1M | 62.3M | 70.3M | 90.7M | 108.9M | 98.9M | |
Total Operating Expenses | 267.6M | 242.0M | 184.6M | 216.9M | 242.0M | 224.0M | |
Income Before Tax | (69.0M) | (224.8M) | (137.7M) | (55.3M) | (24.5M) | (25.7M) | |
Total Other Income Expense Net | 999K | (26.5M) | (69.9M) | (8.5M) | 351K | 368.6K | |
Net Income Applicable To Common Shares | (68.8M) | (224.7M) | (139.1M) | (55.4M) | (49.8M) | (52.3M) | |
Net Income | (68.8M) | (224.7M) | (139.1M) | (55.4M) | (26.5M) | (27.8M) | |
Income Tax Expense | (192K) | (80K) | 1.4M | 126K | 2.0M | 2.1M | |
Reconciled Depreciation | 24.3M | 22.6M | 18.7M | 14.9M | 13.5M | 16.9M |
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 Eventbrite 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, Eventbrite's short interest history, or implied volatility extrapolated from Eventbrite options trading.
Pair Trading with Eventbrite
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 Eventbrite 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 Eventbrite will appreciate offsetting losses from the drop in the long position's value.Moving together with Eventbrite Stock
0.76 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
0.76 | DT | Dynatrace Holdings LLC Sell-off Trend | PairCorr |
Moving against Eventbrite Stock
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0.67 | DPSI | DecisionPoint Systems Report 3rd of April 2024 | PairCorr |
0.59 | MIXT | Mix Telemats Tech Boost | PairCorr |
0.57 | BL | Blackline Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Eventbrite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eventbrite 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 Eventbrite - 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 Eventbrite Class A to buy it.
The correlation of Eventbrite 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 Eventbrite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eventbrite Class A 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 Eventbrite 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eventbrite Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Eventbrite Class A information on this page should be used as a complementary analysis to other Eventbrite'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Eventbrite Stock analysis
When running Eventbrite's price analysis, check to measure Eventbrite'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 Eventbrite is operating at the current time. Most of Eventbrite's value examination focuses on studying past and present price action to predict the probability of Eventbrite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eventbrite's price. Additionally, you may evaluate how the addition of Eventbrite to your portfolios can decrease your overall portfolio volatility.
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Is Eventbrite'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 Eventbrite. If investors know Eventbrite 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 Eventbrite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 3.252 | Quarterly Revenue Growth 0.227 | Return On Assets (0.02) | Return On Equity (0.15) |
The market value of Eventbrite Class A is measured differently than its book value, which is the value of Eventbrite that is recorded on the company's balance sheet. Investors also form their own opinion of Eventbrite's value that differs from its market value or its book value, called intrinsic value, which is Eventbrite'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 Eventbrite's market value can be influenced by many factors that don't directly affect Eventbrite'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 Eventbrite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eventbrite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eventbrite'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.