Icad Historical Income Statement

ICAD Stock  USD 1.56  0.04  2.50%   
Historical analysis of Icad income statement accounts such as Total Revenue of 23.3 M or Gross Profit of 15.1 M can show how well icad inc performed in making a profits. Evaluating Icad income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Icad's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining icad inc 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 icad inc 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 icad inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

About Icad Income Statement Analysis

icad inc 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 Icad shareholders. The income statement also shows Icad 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).

Icad Income Statement Chart

icad inc Income Statement is one of the three primary financial statements used for reporting Icad's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of icad inc revenue and expense. Icad Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Icad's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 28.2 M, whereas Interest Expense is forecasted to decline to about 15.2 K.

Total Revenue

Total revenue comprises all receipts icad inc 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 icad inc. It is also known as Icad 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 icad inc income statement and represents the costs associated with goods and services Icad 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.

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 Icad's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into icad inc 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 icad inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At present, Icad's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 28.2 M, whereas Interest Expense is forecasted to decline to about 15.2 K.
 2021 2022 2023 2024 (projected)
Total Operating Expenses35.0M33.7M22.2M20.0M
Cost Of Revenue9.4M8.1M2.8M2.6M

Icad income statement Correlations

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0.30.430.390.170.380.60.590.430.080.260.120.27-0.160.05-0.49-0.030.410.63-0.690.280.42-0.130.46-0.26
0.160.430.980.91-0.170.120.170.680.83-0.22-0.29-0.21-0.710.710.230.60.370.16-0.30.22-0.09-0.220.13-0.35
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-0.230.38-0.17-0.15-0.320.350.13-0.19-0.310.960.870.960.12-0.49-0.46-0.340.7-0.16-0.30.0-0.04-0.02-0.180.13
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0.310.430.680.550.57-0.190.340.410.4-0.27-0.38-0.26-0.070.46-0.170.36-0.030.54-0.180.48-0.1-0.410.6-0.74
-0.050.080.830.880.97-0.31-0.42-0.330.4-0.32-0.21-0.31-0.870.870.560.660.37-0.26-0.080.08-0.43-0.25-0.21-0.24
-0.060.26-0.22-0.2-0.340.960.260.16-0.27-0.320.951.00.09-0.5-0.33-0.390.73-0.23-0.12-0.15-0.050.13-0.20.25
-0.110.12-0.29-0.24-0.280.87-0.06-0.1-0.38-0.210.950.950.0-0.38-0.14-0.320.75-0.430.02-0.24-0.250.14-0.340.24
-0.060.27-0.21-0.19-0.320.960.250.15-0.26-0.311.00.950.08-0.48-0.33-0.390.74-0.24-0.12-0.14-0.060.12-0.20.24
0.02-0.16-0.71-0.81-0.80.120.380.28-0.07-0.870.090.00.08-0.68-0.49-0.4-0.580.380.130.140.27-0.010.3-0.12
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-0.05-0.490.230.30.48-0.46-0.68-0.52-0.170.56-0.33-0.14-0.33-0.490.370.530.0-0.460.5-0.53-0.250.21-0.630.23
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-0.040.410.370.440.330.7-0.01-0.03-0.030.370.730.750.74-0.580.150.0-0.01-0.37-0.24-0.07-0.28-0.02-0.260.12
0.550.630.160.04-0.1-0.160.720.810.54-0.26-0.23-0.43-0.240.38-0.13-0.46-0.08-0.37-0.330.290.68-0.010.76-0.33
0.16-0.69-0.3-0.32-0.1-0.3-0.46-0.25-0.18-0.08-0.120.02-0.120.13-0.070.5-0.1-0.24-0.33-0.27-0.330.19-0.160.2
-0.080.280.220.180.140.00.280.160.480.08-0.15-0.24-0.140.140.37-0.53-0.01-0.070.29-0.27-0.26-0.770.5-0.66
0.350.42-0.09-0.12-0.37-0.040.650.66-0.1-0.43-0.05-0.25-0.060.27-0.47-0.25-0.19-0.280.68-0.33-0.260.510.290.37
0.32-0.13-0.22-0.22-0.26-0.020.00.17-0.41-0.250.130.140.12-0.01-0.470.21-0.08-0.02-0.010.19-0.770.51-0.10.72
0.620.460.130.0-0.05-0.180.520.70.6-0.21-0.2-0.34-0.20.30.09-0.63-0.23-0.260.76-0.160.50.29-0.1-0.46
-0.03-0.26-0.35-0.24-0.370.13-0.05-0.06-0.74-0.240.250.240.24-0.12-0.490.23-0.370.12-0.330.2-0.660.370.72-0.46
Click cells to compare fundamentals

Icad Account Relationship Matchups

Icad income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(5.7M)(6.8M)572K689K409K388.6K
Interest Expense784K476K141K10K16K15.2K
Total Revenue31.3M29.7M33.6M27.9M17.3M23.3M
Gross Profit24.2M21.4M24.2M19.8M14.5M15.1M
Other Operating Expenses37.7M39.1M44.4M41.9M25.0M28.2M
Operating Income(6.4M)(9.4M)(10.7M)(13.9M)(7.7M)(8.1M)
Ebit(6.4M)(9.4M)(10.7M)(13.9M)(7.7M)(7.3M)
Ebitda(12.1M)(16.2M)(10.2M)(13.2M)(7.3M)(6.9M)
Cost Of Revenue7.1M8.3M9.4M8.1M2.8M2.6M
Total Operating Expenses30.6M30.7M35.0M33.7M22.2M20.0M
Income Before Tax(13.5M)(17.6M)(11.2M)(13.8M)(7.0M)(7.3M)
Total Other Income Expense Net(7.1M)(8.2M)(512K)158K699K734.0K
Net Income(13.6M)(17.6M)(11.2M)(13.7M)(7.4M)(7.8M)
Research Development9.3M8.1M9.2M8.6M5.2M6.2M
Selling And Marketing Expenses13.6M13.3M15.1M13.7M7.7M12.5M
Net Income Applicable To Common Shares(13.6M)(17.6M)(11.2M)(13.7M)(12.3M)(12.9M)
Net Income From Continuing Ops(13.6M)(17.6M)(11.2M)(13.7M)(12.5M)(13.2M)
Non Operating Income Net Other18K(341K)(6.3M)(371K)(426.7K)(448.0K)
Tax Provision43K38K1K(116K)(103K)(97.9K)
Interest Income344K97K15K213K652K684.6K
Net Interest Income(440K)(476K)(141K)203K647K679.4K
Reconciled Depreciation674K577K557K521K461K569.9K

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When determining whether icad inc is a strong investment it is important to analyze Icad'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 Icad's future performance. For an informed investment choice regarding Icad 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 icad inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the icad inc information on this page should be used as a complementary analysis to other Icad'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Icad's price analysis, check to measure Icad'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 Icad is operating at the current time. Most of Icad's value examination focuses on studying past and present price action to predict the probability of Icad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icad's price. Additionally, you may evaluate how the addition of Icad to your portfolios can decrease your overall portfolio volatility.
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Is Icad'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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.27)
Revenue Per Share
0.676
Quarterly Revenue Growth
0.023
Return On Assets
(0.10)
Return On Equity
(0.21)
The market value of icad inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.