Mill Historical Income Statement
MCVT Stock | USD 2.70 0.10 3.57% |
Historical analysis of Mill City income statement accounts such as Interest Expense of 102.6 K can show how well Mill City Ventures performed in making a profits. Evaluating Mill City income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mill City's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mill City Ventures 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 Mill City Ventures is a good buy for the upcoming year.
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About Mill Income Statement Analysis
Mill City Ventures 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 Mill City shareholders. The income statement also shows Mill 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).
Mill City Income Statement Chart
Mill City Ventures Income Statement is one of the three primary financial statements used for reporting Mill's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mill City Ventures revenue and expense. Mill City Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Mill City's Depreciation And Amortization is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 4.5 M in 2024, despite the fact that EBITDA is likely to grow to (1.5 M). Add Fundamental
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 Mill City Ventures 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 Mill City Ventures minus its cost of goods sold. It is profit before Mill City 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.Cost Of Revenue
Cost of Revenue is found on Mill City Ventures income statement and represents the costs associated with goods and services Mill City 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 Mill City's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mill City Ventures 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mill City Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At this time, Mill City's Depreciation And Amortization is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 4.5 M in 2024, despite the fact that EBITDA is likely to grow to (1.5 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 2.7M | 4.2M | 3.3M | 3.5M | Net Interest Income | 2.7M | 4.0M | 3.2M | 1.6M |
Mill City income statement Correlations
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Mill City Account Relationship Matchups
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Mill City income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 10.1K | 2.6K | 2.1K | (996.5K) | 342.0K | 359.1K | |
Other Operating Expenses | 834.4K | 735.8K | 1.4M | 2.6M | 4.3M | 4.5M | |
Operating Income | (657.0K) | 2.5M | 3.9M | 952.5K | (1.5M) | (1.5M) | |
Ebit | (657.0K) | 2.5M | 3.9M | 952.5K | (1.9M) | (1.8M) | |
Ebitda | (654.4K) | 2.5M | 3.9M | 952.5K | (1.5M) | (1.5M) | |
Total Operating Expenses | 834.4K | 735.8K | 1.4M | 2.6M | 4.3M | 4.5M | |
Net Income | (657.0K) | 2.2M | 2.8M | 577.7K | (1.2M) | (1.1M) | |
Income Tax Expense | 4.0 | 288.4K | 1.1M | 178.9K | (454.6K) | (477.3K) | |
Total Revenue | 177.4K | 3.2M | 5.2M | 3.3M | 2.7M | 1.8M | |
Gross Profit | 103.8K | 3.2M | 5.2M | 3.2M | 2.7M | 1.5M | |
Cost Of Revenue | 73.7K | 66.3K | 66.5K | 73.1K | 68.4K | 65.0K | |
Income Before Tax | (657.0K) | 2.5M | 3.9M | 756.6K | (1.6M) | (1.5M) | |
Total Other Income Expense Net | 4.0 | (273.4K) | (246.8K) | (195.9K) | (78K) | (74.1K) | |
Selling General Administrative | 418.2K | 365.9K | 731.9K | 1.9M | 1.8M | 1.9M | |
Net Income From Continuing Ops | (657.0K) | 2.2M | 2.8M | 577.7K | (594.0K) | (564.3K) | |
Net Income Applicable To Common Shares | (657.0K) | 2.2M | 2.8M | 107.0K | 123.0K | 116.9K | |
Net Interest Income | 112.2K | 1.3M | 2.7M | 4.0M | 3.2M | 1.6M | |
Interest Income | 112.2K | 1.3M | 2.7M | 4.2M | 3.3M | 3.5M | |
Reconciled Depreciation | 10.1K | 2.6K | 2.1K | 141.0 | 126.9 | 120.56 |
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 Mill City 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, Mill City's short interest history, or implied volatility extrapolated from Mill City options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mill City Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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When running Mill City's price analysis, check to measure Mill City'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 Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.
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Is Mill City'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 Mill City. If investors know Mill 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 Mill City 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 (0.89) | Earnings Share (0.18) | Revenue Per Share 0.528 | Quarterly Revenue Growth (0.05) | Return On Assets (0.01) |
The market value of Mill City Ventures is measured differently than its book value, which is the value of Mill that is recorded on the company's balance sheet. Investors also form their own opinion of Mill City's value that differs from its market value or its book value, called intrinsic value, which is Mill City'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 Mill City's market value can be influenced by many factors that don't directly affect Mill City'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 Mill City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mill City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mill City'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.