BTCS Historical Income Statement
| BTCS Stock | USD 1.53 0.13 9.29% |
Historical analysis of BTCS income statement accounts such as Other Operating Expenses of 4.7 M, Total Operating Expenses of 4.2 M or Income Before Tax of 8.2 M can show how well BTCS Inc performed in making a profits. Evaluating BTCS income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BTCS's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining BTCS Inc 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 BTCS Inc is a good buy for the upcoming year.
BTCS |
About BTCS Income Statement Analysis
BTCS Inc 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 BTCS shareholders. The income statement also shows BTCS 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).
BTCS Income Statement Chart
BTCS Inc Income Statement is one of the three primary financial statements used for reporting BTCS's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BTCS Inc revenue and expense. BTCS Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BTCS's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 8.2 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 4.7 M in 2024. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BTCS Inc. It is also known as BTCS 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from BTCS's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BTCS Inc 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 BTCS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, BTCS's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 8.2 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 4.7 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Research Development | 712.7K | 611.8K | 687.3K | 565.7K | Reconciled Depreciation | 939.0 | 4.0K | 5.0K | 5.3K |
BTCS income statement Correlations
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BTCS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BTCS income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Selling General Administrative | 1.4M | 1.9M | 17.2M | 5.2M | 4.0M | 4.0M | |
| Other Operating Expenses | 1.4M | 2.0M | 18.3M | 6.3M | 5.1M | 4.7M | |
| Operating Income | (1.4M) | (2.0M) | (17.1M) | (4.7M) | (3.7M) | (3.9M) | |
| Ebit | (1.4M) | (2.0M) | (17.1M) | (4.7M) | (3.7M) | (3.9M) | |
| Total Operating Expenses | 1.4M | 2.0M | 18.1M | 5.9M | 4.7M | 4.2M | |
| Income Before Tax | (1.6M) | (2.6M) | (16.0M) | (15.9M) | 7.8M | 8.2M | |
| Net Income | (1.7M) | (3.0M) | (18.1M) | (27.1M) | 7.8M | 8.2M | |
| Ebitda | (1.4M) | (2.0M) | (17.1M) | (4.6M) | (3.7M) | (3.9M) | |
| Total Other Income Expense Net | (208.2K) | (569.8K) | 1.1M | (11.2M) | 11.5M | 12.1M | |
| Depreciation And Amortization | 1.4K | 1.1K | 939.0 | 4.0K | 5.0K | 4.8K | |
| Interest Expense | 86.1K | 402.7K | 2.1M | 11.2M | 12.9M | 13.5M | |
| Selling And Marketing Expenses | 10.0K | 6.4K | 180.3K | 78.2K | 12.2K | 11.5K | |
| Gross Profit | (1.4K) | (1.1K) | 944.9K | 1.3M | 974.8K | 1.0M | |
| Cost Of Revenue | 1.4K | 1.1K | 268.3K | 426.4K | 364.8K | 426.4K | |
| Income Tax Expense | 86.1K | 402.7K | 2.1M | 11.2M | (3.0) | (2.85) | |
| Net Income From Continuing Ops | (1.6M) | (2.6M) | (16.0M) | (15.9M) | (4.4M) | (4.7M) | |
| Net Income Applicable To Common Shares | (832.0K) | (1.7M) | (2.6M) | (16.0M) | (18.5M) | (19.4M) | |
| Reconciled Depreciation | 1.4K | 1.1K | 939.0 | 4.0K | 5.0K | 5.3K |
Pair Trading with BTCS
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 BTCS 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 BTCS will appreciate offsetting losses from the drop in the long position's value.Moving against BTCS Stock
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The ability to find closely correlated positions to BTCS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BTCS 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 BTCS - 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 BTCS Inc to buy it.
The correlation of BTCS 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 BTCS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BTCS Inc 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 BTCS 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTCS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the BTCS Inc information on this page should be used as a complementary analysis to other BTCS'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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for BTCS Stock analysis
When running BTCS's price analysis, check to measure BTCS'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 BTCS is operating at the current time. Most of BTCS's value examination focuses on studying past and present price action to predict the probability of BTCS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTCS's price. Additionally, you may evaluate how the addition of BTCS to your portfolios can decrease your overall portfolio volatility.
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Is BTCS'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 BTCS. If investors know BTCS 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 BTCS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.55 | Revenue Per Share 0.095 | Quarterly Revenue Growth 0.204 | Return On Assets (0.13) | Return On Equity 0.4405 |
The market value of BTCS Inc is measured differently than its book value, which is the value of BTCS that is recorded on the company's balance sheet. Investors also form their own opinion of BTCS's value that differs from its market value or its book value, called intrinsic value, which is BTCS'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 BTCS's market value can be influenced by many factors that don't directly affect BTCS'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 BTCS's value and its price as these two are different measures arrived at by different means. Investors typically determine if BTCS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BTCS'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.