RecruiterCom Historical Income Statement
| RCRT Stock | USD 2.13 0.13 5.75% |
Historical analysis of RecruiterCom income statement accounts such as Other Operating Expenses of 13.3 M, Cost Of Revenue of 3.8 M, Total Operating Expenses of 5.8 M or Total Other Income Expense Net of 2.1 K can show how well RecruiterCom Group performed in making a profits. Evaluating RecruiterCom income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of RecruiterCom's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining RecruiterCom 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 RecruiterCom Group is a good buy for the upcoming year.
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About RecruiterCom Income Statement Analysis
RecruiterCom 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 RecruiterCom shareholders. The income statement also shows RecruiterCom 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).
RecruiterCom Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of RecruiterCom Group. It is also known as RecruiterCom 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 RecruiterCom Group income statement and represents the costs associated with goods and services RecruiterCom 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 RecruiterCom's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into RecruiterCom 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in RecruiterCom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, RecruiterCom's Interest Expense is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 13.3 M in 2024, whereas Total Revenue is likely to drop slightly above 3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 21.7M | 21.1M | 6.9M | 5.8M | Cost Of Revenue | 14.9M | 16.6M | 4.0M | 3.8M |
RecruiterCom income statement Correlations
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RecruiterCom Account Relationship Matchups
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RecruiterCom income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 2.3M | 2.0M | 3.1M | 965.3K | 2.2M | 2.3M | |
| Selling General Administrative | 8.1M | 8.0M | 17.3M | 15.3M | 6.1M | 5.3M | |
| Total Revenue | 6.0M | 8.5M | 22.2M | 25.4M | 3.2M | 3.0M | |
| Gross Profit | 1.5M | 2.4M | 7.3M | 8.7M | (810.5K) | (770.0K) | |
| Operating Income | (10.5M) | (6.7M) | (16.9M) | (16.7M) | (7.7M) | (7.3M) | |
| Ebit | (7.4M) | (6.7M) | (14.4M) | (12.3M) | (7.7M) | (7.3M) | |
| Total Operating Expenses | 8.9M | 9.1M | 21.7M | 21.1M | 6.9M | 5.8M | |
| Income Before Tax | (11.8M) | (17.0M) | (16.3M) | (16.5M) | (7.7M) | (7.3M) | |
| Total Other Income Expense Net | (2.1M) | (8.3M) | 1.2M | (3.2M) | 2.0K | 2.1K | |
| Net Income | (11.8M) | (17.0M) | (16.3M) | (16.5M) | (6.7M) | (6.3M) | |
| Net Income From Continuing Ops | (11.8M) | (17.0M) | (16.3M) | (16.5M) | (10.5M) | (11.1M) | |
| Net Income Applicable To Common Shares | (2.3M) | (12.0M) | (17.0M) | (16.3M) | (14.7M) | (15.4M) |
Pair Trading with RecruiterCom
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 RecruiterCom 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 RecruiterCom will appreciate offsetting losses from the drop in the long position's value.Moving against RecruiterCom Stock
| 0.71 | VCIG | VCI Global Limited | PairCorr |
| 0.6 | FC | Franklin Covey Financial Report 26th of June 2024 | PairCorr |
| 0.54 | MG | Mistras Group | PairCorr |
| 0.53 | LZ | LegalZoom | PairCorr |
| 0.5 | ACU | Acme United | PairCorr |
The ability to find closely correlated positions to RecruiterCom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RecruiterCom 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 RecruiterCom - 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 RecruiterCom Group to buy it.
The correlation of RecruiterCom 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 RecruiterCom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RecruiterCom Group 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 RecruiterCom 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.Additional Tools for RecruiterCom Stock Analysis
When running RecruiterCom's price analysis, check to measure RecruiterCom'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 RecruiterCom is operating at the current time. Most of RecruiterCom's value examination focuses on studying past and present price action to predict the probability of RecruiterCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RecruiterCom's price. Additionally, you may evaluate how the addition of RecruiterCom to your portfolios can decrease your overall portfolio volatility.