Evolv Historical Income Statement
| EVLV Stock | USD 3.91 0.15 3.69% |
Historical analysis of Evolv Technologies income statement accounts such as Interest Expense of 621.3 K or Selling General Administrative of 89.2 M can show how well Evolv Technologies Holdings performed in making a profits. Evaluating Evolv Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Evolv Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Evolv Technologies 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 Evolv Technologies is a good buy for the upcoming year.
Evolv |
About Evolv Income Statement Analysis
Evolv Technologies 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 Evolv Technologies shareholders. The income statement also shows Evolv 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).
Evolv Technologies Income Statement Chart
Evolv Technologies Holdings Income Statement is one of the three primary financial statements used for reporting Evolv's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Evolv Technologies revenue and expense. Evolv Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Evolv Technologies' Net Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 89.2 M in 2024, whereas Interest Expense is likely to drop slightly above 621.3 K in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Evolv Technologies 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 Evolv Technologies Holdings minus its cost of goods sold. It is profit before Evolv Technologies 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.Most accounts from Evolv Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Evolv Technologies 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 Evolv Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Evolv Technologies' Net Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 89.2 M in 2024, whereas Interest Expense is likely to drop slightly above 621.3 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.7M | 712K | 654K | 621.3K | Depreciation And Amortization | 9.3M | 10.4M | 9.9M | 6.9M |
Evolv Technologies income statement Correlations
Click cells to compare fundamentals
Evolv Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 Evolv Technologies 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, Evolv Technologies' short interest history, or implied volatility extrapolated from Evolv Technologies options trading.
Pair Trading with Evolv Technologies
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 Evolv Technologies 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 Evolv Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Evolv Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evolv Technologies 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 Evolv Technologies - 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 Evolv Technologies Holdings to buy it.
The correlation of Evolv Technologies 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 Evolv Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evolv Technologies 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 Evolv Technologies 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolv Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Evolv Stock analysis
When running Evolv Technologies' price analysis, check to measure Evolv Technologies' 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 Evolv Technologies is operating at the current time. Most of Evolv Technologies' value examination focuses on studying past and present price action to predict the probability of Evolv Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolv Technologies' price. Additionally, you may evaluate how the addition of Evolv Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Evolv Technologies' 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 Evolv Technologies. If investors know Evolv 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 Evolv Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Revenue Per Share 0.539 | Quarterly Revenue Growth 0.045 | Return On Assets (0.17) | Return On Equity (0.57) |
The market value of Evolv Technologies is measured differently than its book value, which is the value of Evolv that is recorded on the company's balance sheet. Investors also form their own opinion of Evolv Technologies' value that differs from its market value or its book value, called intrinsic value, which is Evolv Technologies' 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 Evolv Technologies' market value can be influenced by many factors that don't directly affect Evolv Technologies' 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 Evolv Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolv Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolv Technologies' 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.