Evertec Historical Income Statement

EVTC Stock  USD 39.90  0.28  0.71%   
Historical analysis of Evertec income statement accounts such as Selling General Administrative of 62.7 M or Total Revenue of 499.7 M can show how well Evertec performed in making a profits. Evaluating Evertec income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Evertec's future profits or losses.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Evertec 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 Evertec 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 Evertec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.

About Evertec Income Statement Analysis

Evertec 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 Evertec shareholders. The income statement also shows Evertec 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).

Evertec Income Statement Chart

Evertec Income Statement is one of the three primary financial statements used for reporting Evertec's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Evertec revenue and expense. Evertec Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Evertec's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 288.6 M, whereas Depreciation And Amortization is forecasted to decline to about 81.1 M.

Total Revenue

Total revenue comprises all receipts Evertec 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 Evertec minus its cost of goods sold. It is profit before Evertec 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 Evertec. It is also known as Evertec 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.
Most accounts from Evertec's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Evertec 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 Evertec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.At present, Evertec's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 288.6 M, whereas Depreciation And Amortization is forecasted to decline to about 81.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense22.8M24.8M40.6M25.9M
Depreciation And Amortization83.1M92.0M99.9M81.1M

Evertec income statement Correlations

-0.020.760.860.640.890.590.560.720.880.660.510.060.530.260.520.69-0.420.59-0.290.750.91
-0.02-0.44-0.41-0.65-0.26-0.67-0.71-0.6-0.17-0.52-0.7-0.28-0.52-0.9-0.77-0.490.59-0.590.61-0.01-0.35
0.76-0.440.960.80.960.750.760.820.920.810.70.190.620.680.760.82-0.80.8-0.730.40.8
0.86-0.410.960.870.970.840.840.920.930.820.750.170.70.620.790.8-0.770.83-0.670.550.9
0.64-0.650.80.870.740.980.980.980.630.920.90.30.840.750.90.64-0.790.94-0.740.340.83
0.89-0.260.960.970.740.70.690.80.980.750.630.130.590.510.680.82-0.70.73-0.590.580.87
0.59-0.670.750.840.980.71.00.980.60.820.860.210.790.730.870.59-0.760.87-0.70.350.78
0.56-0.710.760.840.980.691.00.980.60.820.860.210.780.780.880.6-0.760.87-0.720.320.76
0.72-0.60.820.920.980.80.980.980.720.860.850.190.780.720.870.68-0.750.88-0.670.460.87
0.88-0.170.920.930.630.980.60.60.720.610.510.040.480.420.580.79-0.620.61-0.510.610.81
0.66-0.520.810.820.920.750.820.820.860.610.880.450.830.680.860.67-0.770.96-0.720.280.82
0.51-0.70.70.750.90.630.860.860.850.510.880.660.970.740.980.65-0.720.9-0.660.240.71
0.06-0.280.190.170.30.130.210.210.190.040.450.660.720.280.570.21-0.210.42-0.19-0.150.12
0.53-0.520.620.70.840.590.790.780.780.480.830.970.720.540.910.6-0.630.85-0.570.280.7
0.26-0.90.680.620.750.510.730.780.720.420.680.740.280.540.820.56-0.680.7-0.670.070.49
0.52-0.770.760.790.90.680.870.880.870.580.860.980.570.910.820.74-0.750.88-0.690.290.73
0.69-0.490.820.80.640.820.590.60.680.790.670.650.210.60.560.74-0.670.66-0.570.610.81
-0.420.59-0.8-0.77-0.79-0.7-0.76-0.76-0.75-0.62-0.77-0.72-0.21-0.63-0.68-0.75-0.67-0.880.99-0.14-0.65
0.59-0.590.80.830.940.730.870.870.880.610.960.90.420.850.70.880.66-0.88-0.840.270.8
-0.290.61-0.73-0.67-0.74-0.59-0.7-0.72-0.67-0.51-0.72-0.66-0.19-0.57-0.67-0.69-0.570.99-0.840.0-0.55
0.75-0.010.40.550.340.580.350.320.460.610.280.24-0.150.280.070.290.61-0.140.270.00.72
0.91-0.350.80.90.830.870.780.760.870.810.820.710.120.70.490.730.81-0.650.8-0.550.72
Click cells to compare fundamentals

Evertec Account Relationship Matchups

Evertec income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization75.2M79.1M83.1M92.0M99.9M81.1M
Interest Expense28.8M25.1M22.8M24.8M40.6M25.9M
Selling General Administrative61.4M70.8M68.0M89.8M107.2M62.7M
Total Revenue487.4M510.6M589.8M618.4M694.7M499.7M
Gross Profit274.0M283.7M339.6M325.8M264.3M263.8M
Other Operating Expenses342.9M369.2M393.3M461.0M558.5M370.9M
Operating Income144.5M141.4M196.5M157.4M136.2M128.8M
Ebit144.5M141.4M196.5M157.4M136.2M129.4M
Ebitda219.7M220.4M279.6M249.4M236.0M210.5M
Cost Of Revenue213.4M226.9M250.2M292.6M430.4M235.9M
Total Operating Expenses129.5M142.3M143.1M168.4M128.2M135.0M
Income Before Tax116.7M123.9M181.7M267.9M85.4M98.2M
Total Other Income Expense Net(27.8M)(17.5M)(14.8M)110.5M(50.8M)(48.3M)
Net Income Applicable To Common Shares103.5M104.4M161.1M239.0M274.9M288.6M
Net Income103.5M104.4M161.1M239.0M79.7M95.0M
Income Tax Expense13.0M19.0M20.6M29.0M5.5M3.1M
Net Income From Continuing Ops103.7M104.9M161.1M238.9M96.8M104.5M
Non Operating Income Net Other984K7.5M8.0M135.2M155.5M163.3M
Minority Interest231K415K13K(140K)174K165.3K
Tax Provision13.0M19.0M20.6M29.0M10.6M14.0M
Interest Income1.2M1.5M1.9M3.1M6.0M3.5M
Net Interest Income(27.6M)(23.6M)(20.9M)(21.7M)(17.5M)(18.4M)
Reconciled Depreciation74.2M77.4M80.9M84.7M83.9M83.0M
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 Evertec 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, Evertec's short interest history, or implied volatility extrapolated from Evertec options trading.

Pair Trading with Evertec

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

Moving against Evertec Stock

  0.5MOGO Mogo Inc Financial Report 9th of May 2024 PairCorr
  0.48SQ Block Inc Financial Report 2nd of May 2024 PairCorr
  0.41DTSS DataseaPairCorr
The ability to find closely correlated positions to Evertec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evertec 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 Evertec - 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 Evertec to buy it.
The correlation of Evertec 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 Evertec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evertec 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 Evertec 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 Evertec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evertec'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 Evertec Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evertec Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Evertec Stock analysis

When running Evertec's price analysis, check to measure Evertec'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 Evertec is operating at the current time. Most of Evertec's value examination focuses on studying past and present price action to predict the probability of Evertec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evertec's price. Additionally, you may evaluate how the addition of Evertec to your portfolios can decrease your overall portfolio volatility.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Money Managers
Screen money managers from public funds and ETFs managed around the world
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Evertec'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 Evertec. If investors know Evertec 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 Evertec 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
(0.61)
Dividend Share
0.2
Earnings Share
1.21
Revenue Per Share
10.699
Quarterly Revenue Growth
0.203
The market value of Evertec is measured differently than its book value, which is the value of Evertec that is recorded on the company's balance sheet. Investors also form their own opinion of Evertec's value that differs from its market value or its book value, called intrinsic value, which is Evertec'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 Evertec's market value can be influenced by many factors that don't directly affect Evertec'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 Evertec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evertec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evertec'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.