Vaalco Historical Income Statement

EGY Stock  USD 5.89  0.07  1.17%   
Historical analysis of Vaalco Energy income statement accounts such as Total Revenue of 477.8 M or Gross Profit of 193.9 M can show how well Vaalco Energy performed in making a profits. Evaluating Vaalco Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Vaalco Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Vaalco 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 Vaalco Energy is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Vaalco Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Vaalco Stock please use our How to Invest in Vaalco Energy guide.

About Vaalco Income Statement Analysis

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

Vaalco Energy Income Statement Chart

At this time, Vaalco Energy's Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 63.4 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (15.2 M).

Total Revenue

Total revenue comprises all receipts Vaalco 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Vaalco Energy minus its cost of goods sold. It is profit before Vaalco Energy 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 Vaalco Energy. It is also known as Vaalco 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.

Cost Of Revenue

Cost of Revenue is found on Vaalco Energy income statement and represents the costs associated with goods and services Vaalco Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Vaalco Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Vaalco 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Vaalco Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Vaalco Stock please use our How to Invest in Vaalco Energy guide.At this time, Vaalco Energy's Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 63.4 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (15.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit96.8M184.7M184.6M193.9M
Total Revenue199.1M354.3M455.1M477.8M

Vaalco Energy income statement Correlations

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Vaalco Energy Account Relationship Matchups

Vaalco Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization7.1M9.6M45.6M43.2M115.3M121.1M
Interest Expense733K155K44.0M2.0M6.5M6.8M
Total Revenue84.5M67.2M199.1M354.3M455.1M477.8M
Gross Profit39.7M20.5M96.8M184.7M184.6M193.9M
Other Operating Expenses63.7M62.6M119.1M180.0M288.9M303.4M
Operating Income21.2M29.7M79.1M171.3M166.1M174.4M
Ebit21.2M29.7M79.1M171.3M166.1M174.4M
Ebitda28.3M39.3M124.7M214.5M281.4M295.5M
Cost Of Revenue44.8M46.7M102.3M169.7M270.4M283.9M
Total Operating Expenses18.9M16.0M16.8M10.3M18.5M19.8M
Income Before Tax21.0M(20.4M)59.8M123.4M150.1M157.7M
Total Other Income Expense Net(151K)(50.1M)(19.3M)(47.9M)(16.0M)(15.2M)
Net Income(2.8M)(48.1M)81.8M51.9M60.4M63.4M
Income Tax Expense23.9M27.7M(22.2M)71.4M89.8M94.3M
Selling General Administrative14.9M10.7M14.8M10.1M23.8M25.0M
Net Income Applicable To Common Shares2.6M(48.2M)81.8M51.9M46.7M49.0M
Extraordinary Items(490K)5.4M(98K)(72K)(82.8K)(86.9K)
Net Income From Continuing Ops(2.8M)(48.1M)81.9M52.0M34.1M35.9M
Non Recurring(341K)31.8M875K3.1M2.8M2.6M
Non Operating Income Net Other4.2M(151K)(19.3M)(47.9M)(43.1M)(40.9M)
Discontinued Operations(496K)5.4M(98K)(72K)(82.8K)(86.9K)
Tax Provision23.9M27.7M(22.2M)71.4M59.2M62.1M
Interest Income733K155K22.8M39.8M45.8M48.1M
Net Interest Income733K155K10K(2.0M)(7.1M)(6.7M)
Reconciled Depreciation7.3M9.6M21.1M48.1M121.3M127.3M

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When running Vaalco Energy's price analysis, check to measure Vaalco 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 Vaalco Energy is operating at the current time. Most of Vaalco Energy's value examination focuses on studying past and present price action to predict the probability of Vaalco 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 Vaalco Energy's price. Additionally, you may evaluate how the addition of Vaalco Energy to your portfolios can decrease your overall portfolio volatility.