Veritone Historical Income Statement
| VERI Stock | USD 3.51 0.09 2.63% |
Historical analysis of Veritone income statement accounts such as Interest Expense of 1.8 M, Selling General Administrative of 40.4 M, Total Revenue of 133.9 M or Gross Profit of 41 M can show how well Veritone performed in making a profits. Evaluating Veritone income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Veritone's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Veritone 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 Veritone is a good buy for the upcoming year.
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About Veritone Income Statement Analysis
Veritone 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 Veritone shareholders. The income statement also shows Veritone 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).
Veritone Income Statement Chart
Veritone Income Statement is one of the three primary financial statements used for reporting Veritone's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Veritone revenue and expense. Veritone Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Veritone's Tax Provision is increasing as compared to previous years. The Veritone's current Depreciation And Amortization is estimated to increase to about 29 M, while Interest Expense is projected to decrease to under 1.8 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Veritone 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 Veritone minus its cost of goods sold. It is profit before Veritone 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 Veritone's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Veritone 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.As of now, Veritone's Tax Provision is increasing as compared to previous years. The Veritone's current Depreciation And Amortization is estimated to increase to about 29 M, while Interest Expense is projected to decrease to under 1.8 M.
| 2020 | 2022 | 2023 | 2024 (projected) | Gross Profit | 42.0M | 122.3M | 73.2M | 41.0M | Total Revenue | 57.7M | 149.7M | 127.6M | 133.9M |
Veritone income statement Correlations
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Veritone Account Relationship Matchups
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Veritone income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 541K | 127K | 9K | 4.9M | 2.4M | 1.8M | |
| Selling General Administrative | 38.0M | 47.3M | 50.1M | 44.2M | 73.8M | 40.4M | |
| Total Revenue | 27.0M | 49.6M | 57.7M | 149.7M | 127.6M | 133.9M | |
| Gross Profit | 20.6M | 32.4M | 42.0M | 122.3M | 73.2M | 41.0M | |
| Operating Income | (62.0M) | (64.1M) | (47.7M) | (38.0M) | (77.3M) | (73.4M) | |
| Net Income From Continuing Ops | (62.1M) | (47.9M) | (70.6M) | (25.2M) | (66.1M) | (69.4M) | |
| Ebit | (62.0M) | (64.1M) | (47.7M) | (38.0M) | (77.3M) | (73.4M) | |
| Research Development | 22.1M | 23.8M | 14.4M | 43.6M | 39.6M | 20.6M | |
| Cost Of Revenue | 6.5M | 17.3M | 15.7M | 27.4M | 54.4M | 57.1M | |
| Total Operating Expenses | 96.4M | 89.7M | 84.3M | 160.3M | 150.5M | 86.4M | |
| Income Before Tax | (61.1M) | (63.5M) | (47.8M) | (23.2M) | (61.7M) | (64.8M) | |
| Total Other Income Expense Net | 908K | 541K | (127K) | 14.7M | 15.6M | 16.4M | |
| Net Income Applicable To Common Shares | (62.1M) | (47.9M) | (70.6M) | (25.6M) | (23.0M) | (24.2M) | |
| Net Income | (62.1M) | (47.9M) | (47.8M) | (25.2M) | (58.6M) | (61.6M) | |
| Income Tax Expense | (1.5M) | 76K | 2.7M | 2.0M | (3.0M) | (2.9M) | |
| Tax Provision | (1.5M) | 76K | 2.7M | 2.0M | 1.1M | 1.2M | |
| Depreciation And Amortization | 5.9M | 6.4M | 9.0M | 23.5M | 27.7M | 29.0M | |
| Selling And Marketing Expenses | 22.5M | 25.3M | 19.9M | 51.3M | 52.0M | 26.8M | |
| Other Operating Expenses | 113.7M | 105.4M | 100.0M | 187.7M | 204.8M | 111.8M | |
| Ebitda | (58.1M) | (41.3M) | (38.6M) | (14.4M) | (49.6M) | (52.1M) | |
| Net Interest Income | 549K | 85K | (538K) | (4.9M) | (2.9M) | (3.1M) | |
| Interest Income | 211K | 803K | 549K | 85K | 76.5K | 72.7K | |
| Reconciled Depreciation | 5.9M | 6.4M | 9.0M | 23.5M | 27.7M | 29.1M | |
| Non Operating Income Net Other | 541K | (127K) | (600K) | 14.7M | 17.0M | 17.8M |
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 Veritone 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, Veritone's short interest history, or implied volatility extrapolated from Veritone options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone'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 Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Veritone Stock analysis
When running Veritone's price analysis, check to measure Veritone'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 Veritone is operating at the current time. Most of Veritone's value examination focuses on studying past and present price action to predict the probability of Veritone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritone's price. Additionally, you may evaluate how the addition of Veritone to your portfolios can decrease your overall portfolio volatility.
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Is Veritone'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 Veritone. If investors know Veritone 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 Veritone 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 1.52 | Earnings Share (1.59) | Revenue Per Share 3.456 | Quarterly Revenue Growth (0.22) | Return On Assets (0.12) |
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone'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 Veritone's market value can be influenced by many factors that don't directly affect Veritone'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 Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone'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.