Comtech Historical Income Statement

CMTL Stock

USD 12.02 0.17 1.39%

Historical analysis of Comtech Telecommunicatio income statement accounts such as Cost of Revenue of 353.4 M, Gross Profit of 219.2 M or Interest Expense of 5.5 M can show how well Comtech Telecommunications Corp performed in making a profits. Evaluating Comtech Telecommunicatio income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Comtech Telecommunicatio's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Comtech Telecommunicatio 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 Comtech Telecommunicatio is a good buy for the upcoming year.

Check out Trending Equities. For more information on how to buy Comtech Stock please use our How to buy in Comtech Stock guide.

Net Income Gross Profit

About Comtech Income Statement Analysis

Comtech Telecommunicatio 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 Comtech Telecommunicatio shareholders. The income statement also shows Comtech 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).

Comtech Telecommunicatio Income Statement Chart

Comtech Telecommunications Corp Income Statement is one of the three primary financial statements used for reporting Comtech's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Comtech Telecommunicatio revenue and expense. Comtech Telecommunicatio Income Statement primarily focuses on the company's revenues and expenses during a particular period.

Comtech Telecommunicatio Direct Expenses is quite stable at the moment as compared to the past year. The company's current value of Direct Expenses is estimated at 276.98 Million. Cost of Revenue is expected to rise to about 353.4 M this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to (29.6 M).

Consolidated Income Earning Before Interest and Taxes EBIT Net Income Revenues

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income Available to Non-controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Comtech Telecommunicatio financial statement analysis. It represents the amount of money remaining after all of Comtech Telecommunications Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends Income Statement Impact.

Revenues

Revenues refers to the total amount of money received by Comtech Telecommunicatio for goods sold or services provided during a certain time period. It also includes all of Comtech Telecommunicatio sales as well as any other increase in Comtech Telecommunications Corp equity.Revenues are reported on Comtech Telecommunicatio income statement and calculated before any expenses are subtracted. The amount of Revenue recognised from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses. Where this item is not contained on the company consolidated financial statements the default value on 0 is used.

Most accounts from Comtech Telecommunicatio's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Comtech Telecommunicatio 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. For more information on how to buy Comtech Stock please use our How to buy in Comtech Stock guide.Comtech Telecommunicatio Direct Expenses is quite stable at the moment as compared to the past year. The company's current value of Direct Expenses is estimated at 276.98 Million. Cost of Revenue is expected to rise to about 353.4 M this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to (29.6 M).

	2020	2021	2022	2023 (projected)
Interest Expense	6.82 M	5.03 M	4.53 M	5.46 M
Gross Profit	213.96 M	179.84 M	206.81 M	219.17 M

Interest Expense Gross Profit

Comtech Telecommunicatio income statement Correlations

	Direct Expenses	Consolidated Income	Cost of Revenue	Gross Profit	Interest Expense	Net Income	Net Income Common Stock	Operating Expenses	Operating Income	Revenues	Research and Development Expense	Weighted Average Shares	Weighted Average Shares Diluted	Income Tax Expense
Direct Expenses		-0.02	0.63	0.69	0.44	-0.02	-0.01	0.43	-0.01	0.65	0.41	0.42	0.41	-0.18
Consolidated Income	-0.02		-0.39	-0.21	0.32	1.0	1.0	-0.79	0.99	-0.34	-0.46	-0.6	-0.39	0.67
Cost of Revenue	0.63	-0.39		0.97	0.26	-0.39	-0.4	0.86	-0.41	1.0	0.9	0.83	0.58	-0.64
Gross Profit	0.69	-0.21	0.97		0.42	-0.21	-0.21	0.75	-0.23	0.98	0.84	0.75	0.55	-0.52
Interest Expense	0.44	0.32	0.26	0.42		0.32	0.35	0.01	0.37	0.31	0.13	-0.01	0.14	0.1
Net Income	-0.02	1.0	-0.39	-0.21	0.32		1.0	-0.79	0.99	-0.34	-0.46	-0.6	-0.39	0.67
Net Income Common Stock	-0.01	1.0	-0.4	-0.21	0.35	1.0		-0.79	0.99	-0.34	-0.49	-0.64	-0.43	0.69
Operating Expenses	0.43	-0.79	0.86	0.75	0.01	-0.79	-0.79		-0.81	0.83	0.84	0.88	0.59	-0.81
Operating Income	-0.01	0.99	-0.41	-0.23	0.37	0.99	0.99	-0.81		-0.36	-0.5	-0.64	-0.4	0.75
Revenues	0.65	-0.34	1.0	0.98	0.31	-0.34	-0.34	0.83	-0.36		0.89	0.82	0.57	-0.61
Research and Development Expense	0.41	-0.46	0.9	0.84	0.13	-0.46	-0.49	0.84	-0.5	0.89		0.92	0.63	-0.76
Weighted Average Shares	0.42	-0.6	0.83	0.75	-0.01	-0.6	-0.64	0.88	-0.64	0.82	0.92		0.83	-0.74
Weighted Average Shares Diluted	0.41	-0.39	0.58	0.55	0.14	-0.39	-0.43	0.59	-0.4	0.57	0.63	0.83		-0.41
Income Tax Expense	-0.18	0.67	-0.64	-0.52	0.1	0.67	0.69	-0.81	0.75	-0.61	-0.76	-0.74	-0.41

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Comtech Telecommunicatio Account Relationship Matchups

Comtech Telecommunicatio income statement Accounts

	2018	2019	2020	2021	2022	2023 (projected)
Direct Expenses	424.36 M	389.88 M	367.74 M	306.4 M	275.76 M	276.98 M
Consolidated Income	25.04 M	7.02 M	(73.48 M)	(33.05 M)	(29.75 M)	(30.53 M)
Cost of Revenue	424.36 M	389.88 M	367.74 M	306.4 M	352.36 M	353.43 M
Earning Before Interest and Taxes EBIT	38.16 M	15.36 M	(68.16 M)	(32.04 M)	(28.84 M)	(29.6 M)
Earning Before Interest and Taxes USD	38.16 M	15.36 M	(68.16 M)	(32.04 M)	(28.84 M)	(29.6 M)
Gross Profit	247.44 M	226.83 M	213.96 M	179.84 M	206.81 M	219.17 M
Interest Expense	9.24 M	6.05 M	6.82 M	5.03 M	4.53 M	5.46 M
Net Income	25.04 M	7.02 M	(73.48 M)	(33.05 M)	(29.75 M)	(30.53 M)
Net Income Common Stock	25.04 M	7.02 M	(73.48 M)	(43.27 M)	(38.94 M)	(39.97 M)
Net Income Common Stock USD	25.04 M	7.02 M	(73.48 M)	(43.27 M)	(38.94 M)	(39.97 M)
Operating Expenses	206.03 M	211.66 M	282.26 M	213.59 M	245.63 M	229.61 M
Operating Income	41.41 M	15.17 M	(68.3 M)	(33.75 M)	(30.38 M)	(31.18 M)
Revenues	671.8 M	616.72 M	581.7 M	486.24 M	559.17 M	572.6 M
Revenues USD	671.8 M	616.72 M	581.7 M	486.24 M	559.17 M	572.6 M
Research and Development Expense	56.41 M	52.18 M	49.15 M	52.53 M	60.41 M	58.42 M
Selling General and Administrative Expense	128.64 M	117.13 M	111.8 M	114.86 M	132.09 M	126.23 M
Weighted Average Shares	24.12 M	24.8 M	25.68 M	26.51 M	30.48 M	28.38 M
Weighted Average Shares Diluted	24.3 M	24.9 M	25.68 M	26.51 M	30.48 M	29.32 M
Income Tax Expense	3.87 M	2.29 M	(1.5 M)	(4.02 M)	(3.62 M)	(3.72 M)

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Our tools can tell you how much better you can do entering a position in Comtech Telecommunicatio without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Comtech Telecommunicatio

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 Comtech Telecommunicatio 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 Comtech Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Comtech Telecommunicatio

0.71

FKWL

Franklin Wireless Corp

Fiscal Quarter End 31st of March 2023

Pair Corr

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

The correlation of Comtech Telecommunicatio is a statistical measure of how it moves in relation to other equities. 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 Comtech Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comtech Telecommunicatio 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 Comtech Telecommunicatio 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

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Complementary Tools for analysis

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

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Is Comtech Telecommunicatio'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 Comtech Telecommunicatio. If investors know Comtech 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 Comtech Telecommunicatio 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

5.87

Dividend Share

0.4

Earnings Share

(1.00)

Revenue Per Share

18.877

Quarterly Revenue Growth

0.111

The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio'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 Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio'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 Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine Comtech Telecommunicatio value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio'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.

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Comtech Historical Income Statement

About Comtech Income Statement Analysis

Comtech Telecommunicatio Income Statement Chart

Consolidated Income

Earning Before Interest and Taxes EBIT

Net Income

Revenues

Comtech Telecommunicatio income statement Correlations

Comtech Telecommunicatio Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Comtech Telecommunicatio income statement Accounts

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COMMON DESTINATIONS

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Net Income	+ 1.0	Consolidated Income
Net Income Common Stock	+ 1.0	Consolidated Income
Revenues	+ 1.0	Cost of Revenue
Net Income Common Stock	+ 1.0	Net Income
Operating Income	+ 0.99	Consolidated Income
Operating Income	+ 0.99	Net Income

Income Tax Expense	- 0.81	Operating Expenses
Operating Income	- 0.81	Operating Expenses
Operating Expenses	- 0.79	Net Income Common Stock
Operating Expenses	- 0.79	Net Income
Operating Expenses	- 0.79	Consolidated Income
Income Tax Expense	- 0.76	Research and Development Expense