Radcom Income Before Tax vs Net Income From Continuing Ops Analysis

RDCM Stock  USD 9.52  0.07  0.73%   
Radcom financial indicator trend analysis is much more than just breaking down Radcom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radcom is a good investment. Please check the relationship between Radcom Income Before Tax and its Net Income From Continuing Ops accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radcom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Radcom Stock, please use our How to Invest in Radcom guide.

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radcom Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Radcom's Income Before Tax and Net Income From Continuing Ops is 0.88. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Radcom, assuming nothing else is changed. The correlation between historical values of Radcom's Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Radcom are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Radcom's Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Radcom income statement and is an important metric when analyzing Radcom profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income From Continuing Ops

Most indicators from Radcom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radcom current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Radcom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Radcom Stock, please use our How to Invest in Radcom guide.At this time, Radcom's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 6th of May 2024, Enterprise Value Over EBITDA is likely to grow to 7,505, while Selling General Administrative is likely to drop about 3.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit28.9M33.3M37.8M19.3M
Total Revenue40.3M46.1M51.6M27.3M

Radcom fundamental ratios Correlations

0.730.090.530.680.720.42-0.29-0.730.450.310.750.640.730.630.590.69-0.690.40.970.780.73-0.730.870.850.6
0.73-0.160.830.690.990.64-0.26-0.490.30.30.740.150.990.660.870.5-0.780.260.850.721.0-0.480.90.890.8
0.09-0.16-0.48-0.4-0.090.08-0.460.26-0.350.48-0.080.02-0.150.17-0.410.04-0.19-0.170.01-0.31-0.150.02-0.1-0.12-0.02
0.530.83-0.480.690.790.370.02-0.60.35-0.010.580.210.840.280.880.35-0.660.260.610.670.82-0.510.80.810.68
0.680.69-0.40.690.630.470.14-0.530.55-0.110.740.180.710.290.790.47-0.440.350.760.960.68-0.370.640.610.57
0.720.99-0.090.790.630.64-0.34-0.430.240.380.70.140.980.720.820.45-0.80.230.840.651.0-0.460.880.870.78
0.420.640.080.370.470.640.09-0.040.090.00.85-0.140.650.290.660.67-0.450.010.540.60.62-0.10.420.410.85
-0.29-0.26-0.460.020.14-0.340.09-0.050.09-0.990.14-0.06-0.27-0.510.240.240.480.11-0.290.19-0.30.18-0.28-0.280.0
-0.73-0.490.26-0.6-0.53-0.43-0.04-0.05-0.60.06-0.48-0.7-0.49-0.22-0.54-0.630.42-0.47-0.63-0.63-0.480.77-0.79-0.78-0.37
0.450.3-0.350.350.550.240.090.09-0.6-0.090.350.330.310.00.370.4-0.070.530.410.570.29-0.310.440.430.13
0.310.30.48-0.01-0.110.380.0-0.990.06-0.09-0.080.030.310.52-0.2-0.18-0.5-0.140.32-0.150.33-0.170.30.30.07
0.750.74-0.080.580.740.70.850.14-0.480.35-0.080.310.740.350.80.86-0.570.260.80.880.71-0.450.690.670.87
0.640.150.020.210.180.14-0.14-0.06-0.70.330.030.310.140.210.130.49-0.260.310.490.310.15-0.680.480.50.14
0.730.99-0.150.840.710.980.65-0.27-0.490.310.310.740.140.60.870.48-0.810.260.840.730.99-0.480.90.890.81
0.630.660.170.280.290.720.29-0.51-0.220.00.520.350.210.60.350.24-0.480.120.710.310.69-0.340.60.590.34
0.590.87-0.410.880.790.820.660.24-0.540.37-0.20.80.130.870.350.59-0.580.340.70.830.85-0.410.770.760.79
0.690.50.040.350.470.450.670.24-0.630.4-0.180.860.490.480.240.59-0.350.270.650.70.46-0.530.60.590.71
-0.69-0.78-0.19-0.66-0.44-0.8-0.450.480.42-0.07-0.5-0.57-0.26-0.81-0.48-0.58-0.35-0.12-0.72-0.47-0.780.68-0.81-0.8-0.7
0.40.26-0.170.260.350.230.010.11-0.470.53-0.140.260.310.260.120.340.27-0.120.360.370.25-0.070.360.34-0.09
0.970.850.010.610.760.840.54-0.29-0.630.410.320.80.490.840.710.70.65-0.720.360.820.85-0.630.890.870.68
0.780.72-0.310.670.960.650.60.19-0.630.57-0.150.880.310.730.310.830.7-0.470.370.820.7-0.470.710.680.69
0.731.0-0.150.820.681.00.62-0.3-0.480.290.330.710.150.990.690.850.46-0.780.250.850.7-0.480.90.890.77
-0.73-0.480.02-0.51-0.37-0.46-0.10.180.77-0.31-0.17-0.45-0.68-0.48-0.34-0.41-0.530.68-0.07-0.63-0.47-0.48-0.76-0.77-0.49
0.870.9-0.10.80.640.880.42-0.28-0.790.440.30.690.480.90.60.770.6-0.810.360.890.710.9-0.761.00.7
0.850.89-0.120.810.610.870.41-0.28-0.780.430.30.670.50.890.590.760.59-0.80.340.870.680.89-0.771.00.7
0.60.8-0.020.680.570.780.850.0-0.370.130.070.870.140.810.340.790.71-0.7-0.090.680.690.77-0.490.70.7
Click cells to compare fundamentals

Radcom Account Relationship Matchups

Radcom fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding13.8M13.9M14.1M14.5M15.3M7.9M
Total Assets96.4M93.6M91.7M101.0M107.5M112.9M
Other Current Liab8.2M9.1M9.9M12.0M17.5M18.3M
Total Current Liabilities12.7M14.9M16.2M22.8M20.1M10.6M
Total Stockholder Equity73.9M72.0M70.2M72.8M82.5M86.6M
Property Plant And Equipment Net7.5M4.3M3.1M3.5M2.4M2.2M
Net Debt29K(10.5M)(10.0M)(7.1M)(10.3M)(10.8M)
Retained Earnings(62.1M)(66.1M)(71.4M)(73.6M)(69.9M)(73.4M)
Accounts Payable2.5M1.6M2.7M2.7M2.6M2.2M
Cash6.2M13.5M11.9M9.5M10.9M12.1M
Non Current Assets Total13.2M10.3M8.2M9.5M10.1M5.4M
Non Currrent Assets Other3.4M3.8M3.8M2.1M4.7M2.4M
Cash And Short Term Investments69.3M69.0M70.6M77.7M82.2M86.3M
Net Receivables12.6M13.9M12.0M13.0M13.4M9.9M
Short Term Investments63.1M55.4M58.6M68.1M71.3M74.8M
Liabilities And Stockholders Equity96.4M93.6M91.7M101.0M107.5M112.9M
Non Current Liabilities Total9.8M6.7M5.3M5.4M4.9M4.0M
Inventory1.4M540K931K795K246K233.7K
Other Current Assets916K1.2M1.6M1.5M1.6M1.1M
Other Stockholder Equity138.0M140.1M143.5M148.6M154.7M87.3M
Total Liab22.5M21.6M21.5M28.2M25.0M14.5M
Total Current Assets83.2M83.4M83.5M91.5M97.4M102.3M
Accumulated Other Comprehensive Income(2.6M)(2.7M)(2.6M)(2.9M)(3.0M)(3.2M)
Common Stock648K657K669K706K736K772.8K
Common Stock Total Equity628K643K648K657K755.6K793.3K
Property Plant And Equipment Gross7.5M4.3M3.1M3.5M4.0M4.2M
Other Liab4.8M4.7M4.4M4.0M4.6M3.7M
Property Plant Equipment7.5M4.3M3.1M3.5M4.0M2.1M
Current Deferred Revenue828K3.1M2.7M7.0M8.1M8.5M
Other Assets5.7M6.0M5.1M6.1M7.0M3.5M
Net Tangible Assets73.9M72.0M70.2M72.8M83.7M56.3M
Deferred Long Term Liab35K2.1M2.0M1.1M1.2M786.2K
Net Invested Capital73.9M72.0M70.2M72.8M65.5M59.2M
Net Working Capital70.5M68.5M67.2M68.7M61.8M56.9M

Currently Active Assets on Macroaxis

When determining whether Radcom is a strong investment it is important to analyze Radcom'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 Radcom's future performance. For an informed investment choice regarding Radcom Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radcom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Radcom Stock, please use our How to Invest in Radcom guide.
Note that the Radcom information on this page should be used as a complementary analysis to other Radcom'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 Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Radcom's price analysis, check to measure Radcom'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 Radcom is operating at the current time. Most of Radcom's value examination focuses on studying past and present price action to predict the probability of Radcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radcom's price. Additionally, you may evaluate how the addition of Radcom to your portfolios can decrease your overall portfolio volatility.
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Is Radcom'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 Radcom. If investors know Radcom 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 Radcom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.24
Revenue Per Share
3.418
Quarterly Revenue Growth
0.14
Return On Assets
(0)
Return On Equity
0.0478
The market value of Radcom is measured differently than its book value, which is the value of Radcom that is recorded on the company's balance sheet. Investors also form their own opinion of Radcom's value that differs from its market value or its book value, called intrinsic value, which is Radcom'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 Radcom's market value can be influenced by many factors that don't directly affect Radcom'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 Radcom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Radcom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Radcom'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.