Broadwind Historical Income Statement

BWEN Stock  USD 2.13  0.01  0.47%   
Historical analysis of Broadwind Energy income statement accounts such as Other Operating Expenses of 145.7 M, Operating Income of 11.7 M or Ebit of 11.6 M can show how well Broadwind Energy performed in making a profits. Evaluating Broadwind Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Broadwind Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Broadwind Energy 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 Broadwind Energy 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 Broadwind Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Broadwind Stock, please use our How to Invest in Broadwind Energy guide.

About Broadwind Income Statement Analysis

Broadwind Energy 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 Broadwind Energy shareholders. The income statement also shows Broadwind 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).

Broadwind Energy Income Statement Chart

Broadwind Energy Income Statement is one of the three primary financial statements used for reporting Broadwind's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Broadwind Energy revenue and expense. Broadwind Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Broadwind Energy's Depreciation And Amortization is very stable compared to the past year. As of the 2nd of May 2024, Gross Profit is likely to grow to about 34.1 M, while Other Operating Expenses is likely to drop about 145.7 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Broadwind Energy. It is also known as Broadwind Energy 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.

Total Revenue

Total revenue comprises all receipts Broadwind Energy 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.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Broadwind Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Broadwind Energy 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 Broadwind Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Broadwind Stock, please use our How to Invest in Broadwind Energy guide.At this time, Broadwind Energy's Depreciation And Amortization is very stable compared to the past year. As of the 2nd of May 2024, Gross Profit is likely to grow to about 34.1 M, while Other Operating Expenses is likely to drop about 145.7 M.
 2021 2022 2023 2024 (projected)
Total Revenue145.6M176.8M203.5M173.5M
Depreciation And Amortization6.3M6.2M6.4M8.1M

Broadwind Energy income statement Correlations

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0.21-0.23-0.30.080.9-0.30.10.890.750.980.330.99-0.20.050.2-0.10.08-0.180.11-0.05-0.140.030.01
0.41-0.230.940.83-0.270.930.1-0.2-0.59-0.050.73-0.140.960.310.790.5-0.570.40.080.550.44-0.53-0.64
0.45-0.30.940.89-0.330.870.13-0.28-0.63-0.110.74-0.210.890.050.710.62-0.460.50.120.610.55-0.6-0.61
0.530.080.830.890.070.760.160.12-0.20.280.920.180.790.070.750.52-0.310.420.140.530.42-0.53-0.53
0.310.9-0.27-0.330.07-0.30.130.990.820.880.360.9-0.220.120.14-0.070.13-0.090.120.04-0.11-0.04-0.06
0.29-0.30.930.870.76-0.3-0.03-0.25-0.57-0.140.6-0.230.960.450.810.55-0.470.55-0.040.530.5-0.42-0.62
0.260.10.10.130.160.13-0.030.18-0.020.130.190.120.1-0.01-0.09-0.160.16-0.141.00.28-0.17-0.22-0.26
0.330.89-0.2-0.280.120.99-0.250.180.780.890.410.9-0.160.160.18-0.070.08-0.10.170.07-0.12-0.06-0.11
-0.060.75-0.59-0.63-0.20.82-0.57-0.020.780.68-0.020.74-0.560.0-0.27-0.440.46-0.37-0.02-0.4-0.480.370.41
0.320.98-0.05-0.110.280.88-0.140.130.890.680.510.99-0.040.050.340.00.0-0.10.140.06-0.05-0.1-0.11
0.670.330.730.740.920.360.60.190.41-0.020.510.420.670.050.740.51-0.320.370.170.570.41-0.61-0.58
0.280.99-0.14-0.210.180.9-0.230.120.90.740.990.42-0.120.050.26-0.060.04-0.160.130.01-0.11-0.03-0.06
0.32-0.20.960.890.79-0.220.960.1-0.16-0.56-0.040.67-0.120.480.870.52-0.510.420.090.550.45-0.44-0.65
-0.180.050.310.050.070.120.45-0.010.160.00.050.050.050.480.46-0.13-0.22-0.11-0.020.01-0.140.23-0.22
0.390.20.790.710.750.140.81-0.090.18-0.270.340.740.260.870.460.66-0.530.5-0.10.550.6-0.43-0.64
0.6-0.10.50.620.52-0.070.55-0.16-0.07-0.440.00.51-0.060.52-0.130.66-0.380.89-0.170.740.99-0.71-0.67
-0.250.08-0.57-0.46-0.310.13-0.470.160.080.460.0-0.320.04-0.51-0.22-0.53-0.38-0.280.15-0.36-0.420.330.45
0.55-0.180.40.50.42-0.090.55-0.14-0.1-0.37-0.10.37-0.160.42-0.110.50.89-0.28-0.150.690.9-0.65-0.62
0.230.110.080.120.140.12-0.041.00.17-0.020.140.170.130.09-0.02-0.1-0.170.15-0.150.26-0.18-0.2-0.25
0.84-0.050.550.610.530.040.530.280.07-0.40.060.570.010.550.010.550.74-0.360.690.260.74-0.91-0.94
0.58-0.140.440.550.42-0.110.5-0.17-0.12-0.48-0.050.41-0.110.45-0.140.60.99-0.420.9-0.180.74-0.7-0.67
-0.940.03-0.53-0.6-0.53-0.04-0.42-0.22-0.060.37-0.1-0.61-0.03-0.440.23-0.43-0.710.33-0.65-0.2-0.91-0.70.85
-0.80.01-0.64-0.61-0.53-0.06-0.62-0.26-0.110.41-0.11-0.58-0.06-0.65-0.22-0.64-0.670.45-0.62-0.25-0.94-0.670.85
Click cells to compare fundamentals

Broadwind Energy Account Relationship Matchups

Broadwind Energy income statement Accounts

201920202021202220232024 (projected)
Interest Expense2.3M2.0M1.1M3.2M3.2M3.4M
Other Operating Expenses180.6M198.1M158.2M183.4M192.3M145.7M
Operating Income(2.2M)422K(5.2M)(6.6M)11.1M11.7M
Ebit(2.2M)422K(5.2M)(6.6M)11.1M11.6M
Ebitda5.3M6.8M1.2M(417K)17.5M18.3M
Total Operating Expenses17.8M17.6M18.1M17.3M21.4M18.8M
Net Income(4.6M)(1.5M)2.8M(9.7M)7.6M8.0M
Income Tax Expense38K48K25K35K241K253.1K
Selling General Administrative16.1M16.8M17.4M16.6M20.6M19.3M
Depreciation And Amortization7.5M6.4M6.3M6.2M6.4M8.1M
Total Revenue178.2M198.5M145.6M176.8M203.5M173.5M
Gross Profit15.4M18.0M5.5M10.7M32.5M34.1M
Cost Of Revenue162.8M180.5M140.1M166.0M171.0M161.2M
Income Before Tax(4.5M)(1.4M)2.9M(9.7M)7.9M8.3M
Total Other Income Expense Net(2.3M)(1.9M)8.0M(3.1M)(48K)(50.4K)
Net Income From Continuing Ops(4.6M)(1.5M)2.8M(9.7M)3.7M3.9M
Non Operating Income Net Other2.4M118K123K130K117K111.2K
Net Income Applicable To Common Shares(4.5M)(1.5M)2.8M(9.7M)(11.2M)(11.7M)
Tax Provision38K48K25K35K78K81.9K
Net Interest Income(2.3M)(2.0M)(1.1M)(3.2M)(3.0M)(2.9M)
Reconciled Depreciation7.5M6.3M6.3M6.1M6.3M5.8M
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 Broadwind Energy 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, Broadwind Energy's short interest history, or implied volatility extrapolated from Broadwind Energy options trading.

Pair Trading with Broadwind Energy

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 Broadwind Energy 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 Broadwind Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Broadwind Stock

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The ability to find closely correlated positions to Broadwind Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadwind Energy 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 Broadwind Energy - 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 Broadwind Energy to buy it.
The correlation of Broadwind Energy 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 Broadwind Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadwind Energy 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 Broadwind Energy 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 Broadwind Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadwind Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Broadwind Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadwind Energy Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadwind Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Broadwind Stock, please use our How to Invest in Broadwind Energy guide.
Note that the Broadwind Energy information on this page should be used as a complementary analysis to other Broadwind Energy'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Broadwind Stock analysis

When running Broadwind Energy's price analysis, check to measure Broadwind Energy'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 Broadwind Energy is operating at the current time. Most of Broadwind Energy's value examination focuses on studying past and present price action to predict the probability of Broadwind Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadwind Energy's price. Additionally, you may evaluate how the addition of Broadwind Energy to your portfolios can decrease your overall portfolio volatility.
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Is Broadwind Energy'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 Broadwind Energy. If investors know Broadwind 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 Broadwind Energy 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
16.667
Earnings Share
0.36
Revenue Per Share
9.603
Quarterly Revenue Growth
(0.35)
Return On Assets
0.0498
The market value of Broadwind Energy is measured differently than its book value, which is the value of Broadwind that is recorded on the company's balance sheet. Investors also form their own opinion of Broadwind Energy's value that differs from its market value or its book value, called intrinsic value, which is Broadwind Energy'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 Broadwind Energy's market value can be influenced by many factors that don't directly affect Broadwind Energy'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 Broadwind Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadwind Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadwind Energy'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.