Performant Historical Income Statement

PFMT Stock

USD 2.97 0.09 2.94%

Historical analysis of Performant Financial income statement accounts such as Other Operating Expenses of 112 M, Ebitda of 555.8 K, Cost Of Revenue of 107 M or Total Operating Expenses of 112 M can show how well Performant Financial performed in making a profits. Evaluating Performant Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Performant Financial'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 Performant Financial 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 Performant Financial is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performant Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Performant Stock please use our How to Invest in Performant Financial guide.

About Performant Income Statement Analysis

Performant Financial 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 Performant Financial shareholders. The income statement also shows Performant 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).

Performant Financial Income Statement Chart

At this time, Performant Financial's Selling General Administrative is comparatively stable compared to the past year. Total Revenue is likely to gain to about 125.1 M in 2024, despite the fact that Gross Profit is likely to grow to (5.8 M).

Selling General Administrative Total Revenue Other Operating Expenses Cost Of Revenue

Total Revenue

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

Most accounts from Performant Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Performant Financial 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performant Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Performant Stock please use our How to Invest in Performant Financial guide.At this time, Performant Financial's Selling General Administrative is comparatively stable compared to the past year. Total Revenue is likely to gain to about 125.1 M in 2024, despite the fact that Gross Profit is likely to grow to (5.8 M).

	2021	2022	2023	2024 (projected)
Interest Expense	11.3M	1.0M	2.0M	1.9M
Depreciation And Amortization	7.0M	5.7M	6.7M	6.4M

Interest Expense Depreciation And Amortization

Performant Financial income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.02	0.48	0.01	-0.04	0.3	-0.81	-0.79	-0.18	0.2	0.3	-0.33	0.92	-0.42	-0.13	-0.39	0.01	-0.16	0.02	-0.18	-0.17	0.33
Interest Expense	0.02		-0.48	0.49	0.71	0.11	0.42	0.44	0.73	-0.48	0.11	0.56	-0.15	0.56	0.53	0.65	-0.76	-0.66	-0.01	0.73	-0.85	0.65
Selling General Administrative	0.48	-0.48		0.2	-0.25	0.64	-0.51	-0.55	-0.37	0.53	0.64	-0.3	0.53	-0.37	-0.14	-0.51	0.64	0.26	-0.07	-0.42	0.16	-0.19
Total Revenue	0.01	0.49	0.2		0.83	0.78	0.5	0.49	0.8	-0.21	0.78	0.78	-0.08	0.74	0.8	0.65	-0.31	-0.59	0.02	0.64	-0.41	0.54
Gross Profit	-0.04	0.71	-0.25	0.83		0.46	0.57	0.6	0.93	-0.42	0.46	0.76	-0.21	0.76	0.72	0.78	-0.68	-0.78	-0.02	0.79	-0.5	0.72
Other Operating Expenses	0.3	0.11	0.64	0.78	0.46		0.01	-0.01	0.31	0.03	1.0	0.29	0.24	0.23	0.4	0.08	0.15	-0.44	-0.01	0.21	-0.32	0.45
Operating Income	-0.81	0.42	-0.51	0.5	0.57	0.01		0.99	0.72	-0.38	0.01	0.78	-0.83	0.85	0.61	0.82	-0.4	-0.25	-0.01	0.63	-0.15	0.09
Ebit	-0.79	0.44	-0.55	0.49	0.6	-0.01	0.99		0.75	-0.39	-0.01	0.77	-0.84	0.83	0.59	0.82	-0.43	-0.27	-0.04	0.62	-0.17	0.13
Ebitda	-0.18	0.73	-0.37	0.8	0.93	0.31	0.72	0.75		-0.42	0.31	0.87	-0.35	0.88	0.8	0.89	-0.67	-0.6	-0.04	0.79	-0.46	0.56
Cost Of Revenue	0.2	-0.48	0.53	-0.21	-0.42	0.03	-0.38	-0.39	-0.42		0.03	-0.3	0.31	-0.34	-0.21	-0.4	0.58	0.61	0.18	-0.47	0.29	-0.64
Total Operating Expenses	0.3	0.11	0.64	0.78	0.46	1.0	0.01	-0.01	0.31	0.03		0.29	0.24	0.23	0.4	0.08	0.15	-0.44	-0.01	0.21	-0.32	0.45
Income Before Tax	-0.33	0.56	-0.3	0.78	0.76	0.29	0.78	0.77	0.87	-0.3	0.29		-0.31	0.99	0.97	0.96	-0.51	-0.52	0.31	0.81	-0.22	0.38
Total Other Income Expense Net	0.92	-0.15	0.53	-0.08	-0.21	0.24	-0.83	-0.84	-0.35	0.31	0.24	-0.31		-0.42	-0.07	-0.42	0.13	-0.09	0.31	-0.25	0.04	0.19
Net Income	-0.42	0.56	-0.37	0.74	0.76	0.23	0.85	0.83	0.88	-0.34	0.23	0.99	-0.42		0.92	0.97	-0.53	-0.49	0.25	0.83	-0.21	0.35
Income Tax Expense	-0.13	0.53	-0.14	0.8	0.72	0.4	0.61	0.59	0.8	-0.21	0.4	0.97	-0.07	0.92		0.88	-0.46	-0.54	0.41	0.73	-0.23	0.42
Net Income From Continuing Ops	-0.39	0.65	-0.51	0.65	0.78	0.08	0.82	0.82	0.89	-0.4	0.08	0.96	-0.42	0.97	0.88		-0.66	-0.54	0.24	0.86	-0.25	0.39
Non Operating Income Net Other	0.01	-0.76	0.64	-0.31	-0.68	0.15	-0.4	-0.43	-0.67	0.58	0.15	-0.51	0.13	-0.53	-0.46	-0.66		0.64	-0.04	-0.68	0.4	-0.58
Non Recurring	-0.16	-0.66	0.26	-0.59	-0.78	-0.44	-0.25	-0.27	-0.6	0.61	-0.44	-0.52	-0.09	-0.49	-0.54	-0.54	0.64		-0.27	-0.7	0.51	-0.93
Tax Provision	0.02	-0.01	-0.07	0.02	-0.02	-0.01	-0.01	-0.04	-0.04	0.18	-0.01	0.31	0.31	0.25	0.41	0.24	-0.04	-0.27		0.23	0.19	0.12
Interest Income	-0.18	0.73	-0.42	0.64	0.79	0.21	0.63	0.62	0.79	-0.47	0.21	0.81	-0.25	0.83	0.73	0.86	-0.68	-0.7	0.23		-0.4	0.58
Net Interest Income	-0.17	-0.85	0.16	-0.41	-0.5	-0.32	-0.15	-0.17	-0.46	0.29	-0.32	-0.22	0.04	-0.21	-0.23	-0.25	0.4	0.51	0.19	-0.4		-0.57
Reconciled Depreciation	0.33	0.65	-0.19	0.54	0.72	0.45	0.09	0.13	0.56	-0.64	0.45	0.38	0.19	0.35	0.42	0.39	-0.58	-0.93	0.12	0.58	-0.57

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Performant Financial Account Relationship Matchups

Performant Financial income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	126.4M	7.0M	7.0M	5.7M	6.7M	6.4M
Interest Expense	7.6M	7.2M	11.3M	1.0M	2.0M	1.9M
Selling General Administrative	115.2M	100.7M	87.4M	85.3M	90.4M	96.1M
Total Revenue	150.4M	155.9M	124.4M	109.2M	113.7M	125.1M
Gross Profit	35.2M	55.3M	(1.3M)	(6.9M)	(6.1M)	(5.8M)
Other Operating Expenses	162.9M	142.9M	125.7M	116.1M	119.9M	112.0M
Operating Income	(127.6M)	13.1M	(1.3M)	(6.9M)	(6.1M)	(5.8M)
Ebit	(127.6M)	13.1M	(1.3M)	(6.9M)	(6.1M)	(5.8M)
Ebitda	(1.3M)	20.1M	5.7M	(1.2M)	585K	555.8K
Cost Of Revenue	115.2M	100.7M	125.7M	116.1M	119.9M	107.0M
Total Operating Expenses	162.9M	142.9M	125.7M	116.1M	119.9M	112.0M
Income Before Tax	(27.2M)	(21.2M)	(10.2M)	(6.4M)	(7.9M)	(7.5M)
Total Other Income Expense Net	100.4M	(34.2M)	(8.9M)	495K	(1.7M)	(1.8M)
Net Income	(26.8M)	(14.0M)	(10.3M)	(6.5M)	(7.5M)	(7.1M)
Income Tax Expense	(377K)	(7.2M)	62K	132K	(340K)	(323K)
Net Income Applicable To Common Shares	(26.8M)	(14.0M)	(10.3M)	(6.5M)	(5.9M)	(5.6M)
Net Income From Continuing Ops	(26.8M)	(14.0M)	(10.3M)	(6.5M)	(9.0M)	(8.6M)
Research Development	5.8M	3.1M	3M	3.4M	4.3M	4.5M
Non Operating Income Net Other	28K	41K	21K	1.1M	1.3M	1.4M
Non Recurring	1.1M	3.0M	7.2M	27M	31.1M	32.6M
Tax Provision	(377K)	(7.2M)	62K	132K	(285K)	(299.3K)
Interest Income	28K	41K	21K	3K	240K	228K
Net Interest Income	(7.5M)	(7.2M)	(11.3M)	(1.0M)	(1.5M)	(1.5M)
Reconciled Depreciation	11.1M	7.0M	7.0M	5.7M	6.7M	6.7M

Pair Trading with Performant Financial

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 Performant Financial 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 Performant Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Performant Stock

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0.55	LZ	LegalZoom	Pair Corr
0.54	VCIG	VCI Global Limited	Pair Corr
0.43	MG	Mistras Group	Pair Corr
0.33	FC	Franklin Covey Financial Report 26th of June 2024	Pair Corr

The ability to find closely correlated positions to Performant Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Performant Financial 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 Performant Financial - 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 Performant Financial to buy it.

The correlation of Performant Financial 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 Performant Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Performant Financial 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 Performant Financial 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.

Pair Correlation Correlation Matching

Additional Tools for Performant Stock Analysis

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

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Performant Historical Income Statement

About Performant Income Statement Analysis

Performant Financial Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Performant Financial income statement Correlations

Performant Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Performant Financial income statement Accounts

Pair Trading with Performant Financial

Moving against Performant Stock

Additional Tools for Performant Stock Analysis

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Total Operating Expenses	+ 1.0	Other Operating Expenses
Ebit	+ 0.99	Operating Income
Net Income	+ 0.99	Income Before Tax
Income Tax Expense	+ 0.97	Income Before Tax
Net Income From Continuing Ops	+ 0.97	Net Income
Net Income From Continuing Ops	+ 0.96	Income Before Tax

Reconciled Depreciation	- 0.93	Non Recurring
Net Interest Income	- 0.85	Interest Expense
Total Other Income Expense Net	- 0.84	Ebit
Total Other Income Expense Net	- 0.83	Operating Income
Operating Income	- 0.81	Depreciation And Amortization
Ebit	- 0.79	Depreciation And Amortization