Red Historical Income Statement
| RDVT Stock | USD 17.83 0.04 0.22% |
Historical analysis of Red Violet income statement accounts such as Gross Profit of 49.5 M, Other Operating Expenses of 37.9 M, Preferred Stock And Other Adjustments of 0.0 or Operating Income of 2.6 M can show how well Red Violet performed in making a profits. Evaluating Red Violet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Red Violet's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Red Violet 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 Red Violet is a good buy for the upcoming year.
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About Red Income Statement Analysis
Red Violet 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 Red Violet shareholders. The income statement also shows Red 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).
Red Violet Income Statement Chart
Red Violet Income Statement is one of the three primary financial statements used for reporting Red's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Red Violet revenue and expense. Red Violet Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Red Violet's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 743.8 K in 2024, whereas Total Revenue is likely to drop slightly above 31.3 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Red Violet 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 Red Violet minus its cost of goods sold. It is profit before Red Violet 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.Cost Of Revenue
Cost of Revenue is found on Red Violet income statement and represents the costs associated with goods and services Red Violet 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 Red Violet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Red Violet 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 Red Violet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.At this time, Red Violet's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 743.8 K in 2024, whereas Total Revenue is likely to drop slightly above 31.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 32.8M | 41.1M | 47.1M | 49.5M | Total Revenue | 44.0M | 53.3M | 60.2M | 31.3M |
Red Violet income statement Correlations
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Red Violet Account Relationship Matchups
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When determining whether Red Violet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Red Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Red Violet Stock. Highlighted below are key reports to facilitate an investment decision about Red Violet Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Violet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Red Stock analysis
When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.
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Is Red Violet'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 Red Violet. If investors know Red 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 Red Violet 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 4.438 | Earnings Share 0.96 | Revenue Per Share 4.308 | Quarterly Revenue Growth 0.152 | Return On Assets 0.0184 |
The market value of Red Violet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Violet's value that differs from its market value or its book value, called intrinsic value, which is Red Violet'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 Red Violet's market value can be influenced by many factors that don't directly affect Red Violet'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 Red Violet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Violet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Violet'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.