Movado Historical Income Statement

MOV Stock  USD 25.89  0.29  1.13%   
Historical analysis of Movado income statement accounts such as Gross Profit of 270.6 M can show how well Movado Group performed in making a profits. Evaluating Movado income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Movado's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Movado Group 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 Movado Group is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movado Group. 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 Movado Income Statement Analysis

Movado Group 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 Movado shareholders. The income statement also shows Movado 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).

Movado Income Statement Chart

Movado Group Income Statement is one of the three primary financial statements used for reporting Movado's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Movado Group revenue and expense. Movado Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Movado's Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 5.8 M in 2024, whereas Total Revenue is likely to drop slightly above 481 M in 2024.

Total Revenue

Total revenue comprises all receipts Movado Group 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 Movado Group minus its cost of goods sold. It is profit before Movado 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Movado Group. It is also known as Movado 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.

Operating Income

Operating Income is the amount of profit realized from Movado Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Movado Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Movado's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Movado Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movado Group. 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, Movado's Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 5.8 M in 2024, whereas Total Revenue is likely to drop slightly above 481 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit419.1M433.9M370.4M270.6M
Total Revenue732.4M751.9M672.6M481.0M

Movado income statement Correlations

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0.1-0.480.490.540.440.550.550.540.420.450.680.640.680.390.18-0.480.670.320.730.24-0.19-0.50.49-0.46
0.30.35-0.1-0.17-0.03-0.37-0.37-0.33-0.01-0.05-0.26-0.17-0.25-0.150.150.15-0.26-0.74-0.28-0.1-0.07-0.5-0.230.66
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Click cells to compare fundamentals

Movado Account Relationship Matchups

Movado income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization16.5M14.1M13.0M12.9M9.6M11.7M
Interest Expense930K2.0M688K518K497K472.2K
Total Revenue701.0M506.4M732.4M751.9M672.6M481.0M
Gross Profit374.9M270.5M419.1M433.9M370.4M270.6M
Other Operating Expenses658.0M492.6M614.9M631.5M617.9M430.2M
Operating Income43.0M14.2M117.5M120.4M54.7M52.0M
Ebit43.0M14.2M117.5M120.4M54.7M51.9M
Ebitda59.5M28.3M130.5M133.2M64.3M63.6M
Cost Of Revenue326.1M235.9M313.3M318.0M302.2M210.4M
Total Operating Expenses331.9M256.7M301.6M313.5M315.7M218.6M
Income Before Tax57.5M(142.4M)117.3M121.9M60.2M35.0M
Total Other Income Expense Net14.5M(156.6M)(158K)1.6M5.5M5.8M
Net Income42.7M(111.2M)91.6M94.5M46.7M24.8M
Income Tax Expense15.1M(31.2M)24.8M24.9M12.7M8.9M
Selling General Administrative196.6M171.2M182.5M187.3M186.6M225.9M
Net Income Applicable To Common Shares42.7M(111.5M)91.6M94.5M108.7M114.1M
Minority Interest(320K)4.7M960K2.5M(830K)(788.5K)
Net Income From Continuing Ops42.4M(111.2M)92.6M97.0M47.5M30.1M
Non Operating Income Net Other86K1.7M530K2.1M2.4M2.5M
Selling And Marketing Expenses135.3M85.5M119.1M126.2M129.1M105.2M
Tax Provision15.1M(31.2M)24.8M24.9M12.7M12.8M
Interest Income86K45K688K518K466.2K329.7K
Net Interest Income(844K)(1.9M)(688K)(518K)(497K)(521.9K)
Reconciled Depreciation16.4M14.1M12.5M10.8M9.6M10.4M
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 Movado 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, Movado's short interest history, or implied volatility extrapolated from Movado options trading.

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When determining whether Movado Group is a strong investment it is important to analyze Movado'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 Movado's future performance. For an informed investment choice regarding Movado Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movado Group. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Movado Stock analysis

When running Movado's price analysis, check to measure Movado'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 Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.
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Is Movado'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 Movado. If investors know Movado 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 Movado 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
(0.47)
Dividend Share
1.4
Earnings Share
2.06
Revenue Per Share
30.269
Quarterly Revenue Growth
(0.07)
The market value of Movado Group is measured differently than its book value, which is the value of Movado that is recorded on the company's balance sheet. Investors also form their own opinion of Movado's value that differs from its market value or its book value, called intrinsic value, which is Movado'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 Movado's market value can be influenced by many factors that don't directly affect Movado'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 Movado's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movado is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movado'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.