Allegro Historical Income Statement

ALGM Stock  USD 27.18  0.18  0.67%   
Historical analysis of Allegro MicrosystemsInc income statement accounts such as Depreciation And Amortization of 42.6 M, Interest Expense of 1.6 M or Selling General Administrative of 157.8 M can show how well Allegro MicrosystemsInc performed in making a profits. Evaluating Allegro MicrosystemsInc income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Allegro MicrosystemsInc's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Allegro MicrosystemsInc 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 Allegro MicrosystemsInc is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Allegro Stock, please use our How to Invest in Allegro MicrosystemsInc guide.

About Allegro Income Statement Analysis

Allegro MicrosystemsInc 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 Allegro MicrosystemsInc shareholders. The income statement also shows Allegro 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).

Allegro MicrosystemsInc Income Statement Chart

Allegro MicrosystemsInc Income Statement is one of the three primary financial statements used for reporting Allegro's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Allegro MicrosystemsInc revenue and expense. Allegro MicrosystemsInc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Allegro MicrosystemsInc's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 18th of April 2024, Net Income is likely to grow to about 226.2 M, while Depreciation And Amortization is likely to drop about 42.6 M.

Total Revenue

Total revenue comprises all receipts Allegro MicrosystemsInc 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 Allegro MicrosystemsInc minus its cost of goods sold. It is profit before Allegro MicrosystemsInc 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.
Most accounts from Allegro MicrosystemsInc's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Allegro MicrosystemsInc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Allegro Stock, please use our How to Invest in Allegro MicrosystemsInc guide.At this time, Allegro MicrosystemsInc's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 18th of April 2024, Net Income is likely to grow to about 226.2 M, while Depreciation And Amortization is likely to drop about 42.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M2.3M2.7M1.6M
Depreciation And Amortization45.1M49.9M44.9M42.6M

Allegro MicrosystemsInc income statement Correlations

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0.850.04-0.380.15-0.230.470.380.440.520.480.520.350.540.630.220.090.560.830.480.85-0.470.41-0.280.39
-0.170.04-0.67-0.840.76-0.54-0.67-0.58-0.65-0.68-0.64-0.72-0.38-0.06-0.810.99-0.62-0.22-0.68-0.170.8-0.770.66-0.88
-0.17-0.38-0.670.81-0.430.560.660.620.420.470.420.70.40.180.78-0.730.38-0.080.47-0.17-0.40.64-0.320.44
0.270.15-0.840.81-0.770.830.920.870.710.740.710.960.680.40.99-0.850.690.340.740.27-0.790.95-0.50.83
-0.07-0.230.76-0.43-0.77-0.41-0.54-0.48-0.38-0.4-0.37-0.63-0.220.04-0.720.73-0.36-0.1-0.4-0.070.61-0.680.4-0.73
0.670.47-0.540.560.83-0.410.980.990.870.870.870.960.960.820.89-0.540.860.720.870.67-0.80.93-0.460.74
0.570.38-0.670.660.92-0.540.980.970.840.850.840.980.920.680.95-0.660.840.630.850.57-0.850.96-0.440.82
0.60.44-0.580.620.87-0.480.990.970.860.860.860.970.910.80.92-0.60.850.660.860.6-0.770.96-0.540.73
0.790.52-0.650.420.71-0.380.870.840.861.01.00.830.830.720.76-0.651.00.841.00.79-0.90.87-0.750.83
0.760.48-0.680.470.74-0.40.870.850.861.01.00.850.820.70.79-0.690.990.811.00.76-0.910.89-0.760.84
0.790.52-0.640.420.71-0.370.870.840.861.01.00.830.830.730.76-0.651.00.841.00.79-0.90.87-0.750.83
0.50.35-0.720.70.96-0.630.960.980.970.830.850.830.850.650.98-0.730.820.560.850.5-0.830.99-0.520.82
0.760.54-0.380.40.68-0.220.960.920.910.830.820.830.850.860.75-0.370.840.810.820.76-0.760.82-0.320.66
0.780.63-0.060.180.40.040.820.680.80.720.70.730.650.860.5-0.080.740.80.70.78-0.470.63-0.410.34
0.350.22-0.810.780.99-0.720.890.950.920.760.790.760.980.750.5-0.810.740.420.790.35-0.810.97-0.510.83
-0.130.090.99-0.73-0.850.73-0.54-0.66-0.6-0.65-0.69-0.65-0.73-0.37-0.08-0.81-0.62-0.19-0.69-0.130.76-0.770.68-0.84
0.820.56-0.620.380.69-0.360.860.840.851.00.991.00.820.840.740.74-0.620.860.990.82-0.90.86-0.740.83
0.990.83-0.22-0.080.34-0.10.720.630.660.840.810.840.560.810.80.42-0.190.860.810.99-0.730.61-0.480.61
0.760.48-0.680.470.74-0.40.870.850.861.01.01.00.850.820.70.79-0.690.990.810.76-0.910.89-0.760.84
1.00.85-0.17-0.170.27-0.070.670.570.60.790.760.790.50.760.780.35-0.130.820.990.76-0.690.55-0.460.57
-0.69-0.470.8-0.4-0.790.61-0.8-0.85-0.77-0.9-0.91-0.9-0.83-0.76-0.47-0.810.76-0.9-0.73-0.91-0.69-0.880.59-0.98
0.550.41-0.770.640.95-0.680.930.960.960.870.890.870.990.820.630.97-0.770.860.610.890.55-0.88-0.620.87
-0.46-0.280.66-0.32-0.50.4-0.46-0.44-0.54-0.75-0.76-0.75-0.52-0.32-0.41-0.510.68-0.74-0.48-0.76-0.460.59-0.62-0.6
0.570.39-0.880.440.83-0.730.740.820.730.830.840.830.820.660.340.83-0.840.830.610.840.57-0.980.87-0.6
Click cells to compare fundamentals

Allegro MicrosystemsInc Account Relationship Matchups

Allegro MicrosystemsInc income statement Accounts

201920202021202220232024 (projected)
Tax Provision16.2M(19.6M)21.2M23.9M27.4M28.8M
Net Interest Income(110K)(2.6M)(1.1M)(612K)(703.8K)(739.0K)
Depreciation And Amortization63.2M48.3M45.1M49.9M44.9M42.6M
Interest Expense110K2.6M1.1M2.3M2.7M1.6M
Selling General Administrative106.1M153.5M150.9M194.7M223.9M157.8M
Total Revenue650.1M591.2M768.7M973.7M1.1B815.7M
Gross Profit261.3M278.9M407.5M546.1M628.0M399.0M
Other Operating Expenses597.3M574.4M634.0M773.1M889.1M704.7M
Operating Income52.8M17.7M136.7M203.3M233.8M245.5M
Net Income From Continuing Ops37.1M18.1M119.6M187.5M215.6M226.4M
Ebit52.8M17.7M136.7M203.3M233.8M245.5M
Research Development102.1M108.6M121.9M150.9M173.5M130.0M
Ebitda116.0M66.0M181.7M253.2M291.2M171.3M
Cost Of Revenue388.8M312.3M361.2M427.6M491.7M416.8M
Total Operating Expenses208.4M262.1M272.8M345.6M397.4M287.9M
Reconciled Depreciation64.0M48.3M48.5M50.8M45.7M43.5M
Income Before Tax53.3M(1.5M)140.7M211.3M243.0M255.2M
Total Other Income Expense Net450K(19.2M)4.1M8.0M9.2M9.7M
Net Income Applicable To Common Shares37.0M18.0M119.4M187.4M215.5M226.2M
Net Income37.0M18.0M119.4M187.4M215.5M226.2M
Income Tax Expense16.2M(19.6M)21.2M23.9M27.4M28.8M
Minority Interest950K1.1M(148K)(137K)(123.3K)(117.1K)

Allegro MicrosystemsInc Investors Sentiment

The influence of Allegro MicrosystemsInc's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Allegro. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Allegro MicrosystemsInc's public news can be used to forecast risks associated with an investment in Allegro. The trend in average sentiment can be used to explain how an investor holding Allegro can time the market purely based on public headlines and social activities around Allegro MicrosystemsInc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Allegro MicrosystemsInc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Allegro MicrosystemsInc's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Allegro MicrosystemsInc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Allegro MicrosystemsInc.
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 Allegro MicrosystemsInc 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, Allegro MicrosystemsInc's short interest history, or implied volatility extrapolated from Allegro MicrosystemsInc options trading.

Pair Trading with Allegro MicrosystemsInc

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 Allegro MicrosystemsInc 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 Allegro MicrosystemsInc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Allegro Stock

  0.85ICHR Ichor Holdings Financial Report 14th of May 2024 PairCorr

Moving against Allegro Stock

  0.54VLD Velo3D Inc Financial Report 6th of May 2024 PairCorr
The ability to find closely correlated positions to Allegro MicrosystemsInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allegro MicrosystemsInc 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 Allegro MicrosystemsInc - 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 Allegro MicrosystemsInc to buy it.
The correlation of Allegro MicrosystemsInc 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 Allegro MicrosystemsInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allegro MicrosystemsInc 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 Allegro MicrosystemsInc 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 CorrelationCorrelation Matching
When determining whether Allegro MicrosystemsInc is a strong investment it is important to analyze Allegro MicrosystemsInc'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 Allegro MicrosystemsInc's future performance. For an informed investment choice regarding Allegro Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Allegro Stock, please use our How to Invest in Allegro MicrosystemsInc guide.
Note that the Allegro MicrosystemsInc information on this page should be used as a complementary analysis to other Allegro MicrosystemsInc'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Allegro MicrosystemsInc's price analysis, check to measure Allegro MicrosystemsInc'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 Allegro MicrosystemsInc is operating at the current time. Most of Allegro MicrosystemsInc's value examination focuses on studying past and present price action to predict the probability of Allegro MicrosystemsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegro MicrosystemsInc's price. Additionally, you may evaluate how the addition of Allegro MicrosystemsInc to your portfolios can decrease your overall portfolio volatility.
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Is Allegro MicrosystemsInc'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 Allegro MicrosystemsInc. If investors know Allegro 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 Allegro MicrosystemsInc 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
(0.48)
Earnings Share
1.14
Revenue Per Share
5.611
Quarterly Revenue Growth
0.025
Return On Assets
0.1118
The market value of Allegro MicrosystemsInc is measured differently than its book value, which is the value of Allegro that is recorded on the company's balance sheet. Investors also form their own opinion of Allegro MicrosystemsInc's value that differs from its market value or its book value, called intrinsic value, which is Allegro MicrosystemsInc'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 Allegro MicrosystemsInc's market value can be influenced by many factors that don't directly affect Allegro MicrosystemsInc'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 Allegro MicrosystemsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegro MicrosystemsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegro MicrosystemsInc'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.