GROW Historical Income Statement

GROW Stock  USD 2.69  0.03  1.13%   
Historical analysis of US Global income statement accounts such as Total Revenue of 15.1 M or Gross Profit of 12.4 M can show how well US Global Investors performed in making a profits. Evaluating US Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of US Global's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining US Global Investors 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 US Global Investors is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

About GROW Income Statement Analysis

US Global Investors 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 US Global shareholders. The income statement also shows GROW 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).

US Global Income Statement Chart

US Global Investors Income Statement is one of the three primary financial statements used for reporting GROW's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of US Global Investors revenue and expense. US Global Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, US Global's Selling General Administrative is fairly stable compared to the past year. Total Revenue is likely to climb to about 15.1 M in 2024, whereas Interest Expense is likely to drop 4,370 in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of US Global Investors. It is also known as US Global 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.
Most accounts from US Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into US Global Investors 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, US Global's Selling General Administrative is fairly stable compared to the past year. Total Revenue is likely to climb to about 15.1 M in 2024, whereas Interest Expense is likely to drop 4,370 in 2024.

US Global income statement Correlations

0.04-0.36-0.08-0.07-0.38-0.380.720.08-0.940.08-0.95-0.840.080.18-0.950.270.090.13-0.91-0.22-0.27-0.07
0.040.65-0.920.760.250.250.230.960.060.920.060.060.920.80.090.03-0.32-0.320.13-0.37-0.260.0
-0.360.65-0.430.790.760.750.20.630.540.430.540.510.430.620.56-0.31-0.39-0.460.64-0.190.04-0.41
-0.08-0.92-0.43-0.59-0.06-0.07-0.13-0.780.0-1.00.01-0.06-1.0-0.740.02-0.140.180.150.010.310.3-0.17
-0.070.760.79-0.590.220.190.070.750.150.60.150.120.60.910.190.11-0.27-0.380.33-0.63-0.460.06
-0.380.250.76-0.060.220.990.360.220.60.060.590.60.060.070.59-0.61-0.33-0.380.590.330.53-0.75
-0.380.250.75-0.070.190.990.370.220.590.070.580.590.070.050.58-0.61-0.32-0.360.570.360.54-0.74
0.720.230.2-0.130.070.360.370.25-0.510.13-0.52-0.410.130.22-0.52-0.18-0.16-0.13-0.490.050.13-0.62
0.080.960.63-0.780.750.220.220.25-0.010.79-0.01-0.060.790.730.060.04-0.33-0.350.1-0.43-0.290.0
-0.940.060.540.00.150.60.59-0.51-0.010.01.00.940.0-0.070.98-0.38-0.17-0.190.940.310.39-0.2
0.080.920.43-1.00.60.060.070.130.790.0-0.010.071.00.74-0.020.14-0.18-0.15-0.01-0.31-0.30.17
-0.950.060.540.010.150.590.58-0.52-0.011.0-0.010.92-0.01-0.080.99-0.38-0.2-0.190.940.30.38-0.18
-0.840.060.51-0.060.120.60.59-0.41-0.060.940.070.920.07-0.020.86-0.410.02-0.140.870.310.42-0.29
0.080.920.43-1.00.60.060.070.130.790.01.0-0.010.070.74-0.020.14-0.18-0.15-0.01-0.31-0.30.17
0.180.80.62-0.740.910.070.050.220.73-0.070.74-0.08-0.020.74-0.080.13-0.28-0.330.04-0.58-0.440.06
-0.950.090.560.020.190.590.58-0.520.060.98-0.020.990.86-0.02-0.08-0.36-0.24-0.220.960.260.33-0.15
0.270.03-0.31-0.140.11-0.61-0.61-0.180.04-0.380.14-0.38-0.410.140.13-0.360.160.48-0.33-0.23-0.840.63
0.09-0.32-0.390.18-0.27-0.33-0.32-0.16-0.33-0.17-0.18-0.20.02-0.18-0.28-0.240.160.17-0.14-0.18-0.040.12
0.13-0.32-0.460.15-0.38-0.38-0.36-0.13-0.35-0.19-0.15-0.19-0.14-0.15-0.33-0.220.480.17-0.290.18-0.280.3
-0.910.130.640.010.330.590.57-0.490.10.94-0.010.940.87-0.010.040.96-0.33-0.14-0.290.080.21-0.16
-0.22-0.37-0.190.31-0.630.330.360.05-0.430.31-0.310.30.31-0.31-0.580.26-0.23-0.180.180.080.67-0.43
-0.27-0.260.040.3-0.460.530.540.13-0.290.39-0.30.380.42-0.3-0.440.33-0.84-0.04-0.280.210.67-0.68
-0.070.0-0.41-0.170.06-0.75-0.74-0.620.0-0.20.17-0.18-0.290.170.06-0.150.630.120.3-0.16-0.43-0.68
Click cells to compare fundamentals

US Global Account Relationship Matchups

US Global income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization202K(28.6M)(419K)(246K)(221.4K)(232.5K)
Interest Expense4.7M58.1M4.0M4K4.6K4.4K
Selling General Administrative3.7M5.7M6.9M6.1M5.5M7.1M
Total Revenue4.5M21.7M24.7M15.1M13.6M15.1M
Gross Profit1.6M14.3M18.7M10.3M11.8M12.4M
Other Operating Expenses6.9M13.5M13.6M11.5M10.4M12.6M
Operating Income(192K)8.2M15.8M3.5M4.1M3.7M
Ebit(192K)8.2M15.8M4.3M3.8M2.6M
Ebitda10K(20.4M)15.4M4.0M3.6M2.0M
Total Operating Expenses4.0M6.1M7.5M6.7M6.1M10.7M
Income Before Tax(4.6M)37.4M7.1M4.1M4.7M4.0M
Total Other Income Expense Net(4.4M)29.3M(8.7M)558K502.2K477.1K
Net Income(4.5M)32.0M5.5M3.1M3.6M2.7M
Income Tax Expense(175K)5.5M1.6M934K1.1M1.3M
Cost Of Revenue2.8M7.4M6.1M4.8M4.3M4.1M
Net Income Applicable To Common Shares(3.4M)(4.7M)32.0M5.5M6.3M4.1M
Selling And Marketing Expenses174K220K405K382K343.8K440.6K
Net Income From Continuing Ops(4.5M)32.0M5.5M3.1M3.6M2.4M
Minority Interest518K467K(118K)30K27K25.7K
Tax Provision(175K)5.5M1.6M934K1.1M963.8K
Reconciled Depreciation202K196K(419K)(246K)(221.4K)(210.3K)

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When determining whether US Global Investors is a strong investment it is important to analyze US Global'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 US Global's future performance. For an informed investment choice regarding GROW Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running US Global's price analysis, check to measure US Global'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 US Global is operating at the current time. Most of US Global's value examination focuses on studying past and present price action to predict the probability of US Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move US Global's price. Additionally, you may evaluate how the addition of US Global to your portfolios can decrease your overall portfolio volatility.
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Is US Global'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 US Global. If investors know GROW 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 US Global 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
0.512
Dividend Share
0.09
Earnings Share
0.23
Revenue Per Share
0.897
Quarterly Revenue Growth
(0.24)
The market value of US Global Investors is measured differently than its book value, which is the value of GROW that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.