Axos Historical Income Statement

AX Stock  USD 52.46  1.41  2.62%   
Historical analysis of Axos Financial income statement accounts such as Total Revenue of 1.1 B or Gross Profit of 1.1 B can show how well Axos Financial performed in making a profits. Evaluating Axos Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Axos Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Axos Financial 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 Axos Financial 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 Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.

About Axos Income Statement Analysis

Axos Financial 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 Axos Financial shareholders. The income statement also shows Axos 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).

Axos Financial Income Statement Chart

At this time, Axos Financial's Income Tax Expense is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 28.2 M in 2024, despite the fact that Total Operating Expenses is likely to grow to (392 M).

Total Revenue

Total revenue comprises all receipts Axos Financial 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 Axos Financial minus its cost of goods sold. It is profit before Axos Financial 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Axos Financial. It is also known as Axos Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Axos Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Axos Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Axos Financial income statement and is an important metric when analyzing Axos Financial 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.
Most accounts from Axos Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Axos Financial 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 Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.At this time, Axos Financial's Income Tax Expense is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 28.2 M in 2024, despite the fact that Total Operating Expenses is likely to grow to (392 M).
 2021 2022 2023 2024 (projected)
Total Revenue705.3M890.2M1.0B1.1B
Interest Expense52.6M374.0M430.1M451.6M

Axos Financial income statement Correlations

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Axos Financial Account Relationship Matchups

Axos Financial income statement Accounts

201920202021202220232024 (projected)
Interest Expense145.2M79.1M52.6M374.0M430.1M451.6M
Total Revenue572.4M632.9M705.3M890.2M1.0B1.1B
Gross Profit572.4M632.9M705.3M890.2M1.0B1.1B
Other Operating Expenses309.8M327.1M56.7M458.4M527.2M553.6M
Operating Income262.6M305.7M392.5M431.7M496.5M521.3M
Ebit262.6M305.7M392.5M431.7M496.5M521.3M
Ebitda280.8M340.5M428.0M455.1M523.4M549.6M
Total Operating Expenses(309.8M)(327.1M)56.7M(458.4M)(412.6M)(392.0M)
Income Before Tax262.6M305.7M340.0M431.7M496.5M521.3M
Total Other Income Expense Net262.6M305.7M(52.6M)431.7M496.5M521.3M
Net Income183.4M215.7M240.7M307.2M353.2M370.9M
Income Tax Expense79.2M90.0M99.2M124.6M143.3M150.4M
Depreciation And Amortization18.1M34.7M35.5M23.4M26.9M28.2M
Selling General Administrative205.4M229.4M272.5M267.7M307.8M323.2M
Selling And Marketing Expenses14.5M14.2M13.6M37.2M42.7M44.9M
Net Income Applicable To Common Shares183.1M215.5M240.7M307.2M353.2M370.9M
Net Income From Continuing Ops183.4M215.7M240.7M307.2M353.2M370.9M
Tax Provision79.2M90.0M99.2M124.6M143.3M95.3M
Net Interest Income477.6M538.7M607.2M783.1M900.6M483.6M
Interest Income622.8M617.9M659.7M1.2B1.3B1.4B
Reconciled Depreciation35.0M34.7M35.5M23.4M26.9M25.1M

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Additional Tools for Axos Stock Analysis

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