Hirequest Historical Income Statement

HQI Stock  USD 21.45  2.08  10.74%   
Historical analysis of Hirequest income statement accounts such as Cost of Revenue of 157.5 K or Earning Before Interest and Taxes EBIT of 15.7 M can show how well Hirequest performed in making a profits. Evaluating Hirequest income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hirequest's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Hirequest 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 Hirequest is a good buy for the upcoming year.
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About Hirequest Income Statement Analysis

Hirequest 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 Hirequest shareholders. The income statement also shows Hirequest 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).

Hirequest Income Statement Chart

Hirequest Income Statement is one of the three primary financial statements used for reporting Hirequest's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hirequest revenue and expense. Hirequest Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Hirequest Cost of Revenue is most likely to decrease significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 153,493. The current Earning Before Interest and Taxes EBIT is estimated to increase to about 15.7 M, while Gross Profit is projected to decrease to roughly 19.5 M.

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 Hirequest financial statement analysis. It represents the amount of money remaining after all of Hirequest 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.

Revenues

Revenues refers to the total amount of money received by Hirequest for goods sold or services provided during a certain time period. It also includes all of Hirequest sales as well as any other increase in Hirequest equity.Revenues are reported on Hirequest 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.
Most accounts from Hirequest's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hirequest 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. Please check Risk vs Return Analysis.Hirequest Cost of Revenue is most likely to decrease significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 153,493. The current Earning Before Interest and Taxes EBIT is estimated to increase to about 15.7 M, while Gross Profit is projected to decrease to roughly 19.5 M.
 2020 2021 2022 2023 (projected)
Interest Expense49.66 K157.23 K141.51 K197.59 K
Gross Profit13.81 M22.59 M20.33 M19.53 M

Hirequest income statement Correlations

Hirequest Account Relationship Matchups

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Is Hirequest'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 Hirequest. If investors know Hirequest 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 Hirequest 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
0.335
Market Capitalization
297.7 M
Quarterly Revenue Growth
0.36
Return On Assets
0.1306
Return On Equity
0.2308
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest'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 Hirequest's market value can be influenced by many factors that don't directly affect Hirequest'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 Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine Hirequest value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest'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.