Vericity Historical Income Statement
| VERY Stock | USD 11.35 0.04 0.35% |
Historical analysis of Vericity income statement accounts such as Discontinued Operations of 0.0, Interest Expense of 5.1 M, Selling General Administrative of 47 M or Total Revenue of 158.7 M can show how well Vericity performed in making a profits. Evaluating Vericity income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Vericity's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Vericity 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 Vericity is a good buy for the upcoming year.
Vericity |
About Vericity Income Statement Analysis
Vericity 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 Vericity shareholders. The income statement also shows Vericity 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).
Vericity Income Statement Chart
Vericity Income Statement is one of the three primary financial statements used for reporting Vericity's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Vericity revenue and expense. Vericity Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Vericity's Interest Expense is fairly stable compared to the past year. Gross Profit is likely to rise to about 62.9 M in 2024, whereas Tax Provision is likely to drop (1 M) in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Vericity 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 Vericity minus its cost of goods sold. It is profit before Vericity 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 Vericity. It is also known as Vericity 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 Vericity's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Vericity 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 Vericity. 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 information on how to buy Vericity Stock please use our How to Invest in Vericity guide.At this time, Vericity's Interest Expense is fairly stable compared to the past year. Gross Profit is likely to rise to about 62.9 M in 2024, whereas Tax Provision is likely to drop (1 M) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 81.9M | 66.2M | 59.5M | 62.9M | Total Revenue | 176.6M | 163.9M | 177.6M | 158.7M |
Vericity income statement Correlations
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Vericity Account Relationship Matchups
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Vericity income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | (872K) | (2.3M) | (378K) | (2.1M) | (959K) | (1.0M) | |
| Total Revenue | 135.3M | 147.8M | 176.6M | 163.9M | 177.6M | 158.7M | |
| Gross Profit | 58.3M | 67.5M | 81.9M | 66.2M | 59.5M | 62.9M | |
| Other Operating Expenses | 155.5M | 175.1M | 193.6M | 186.5M | 214.5M | 153.7M | |
| Operating Income | (26.7M) | (32.5M) | (23.6M) | (18.4M) | (16.5M) | (17.3M) | |
| Net Income From Continuing Ops | (19.3M) | (25.0M) | (16.7M) | (20.5M) | (9.9M) | (10.4M) | |
| Ebit | (26.7M) | (32.5M) | (23.6M) | (18.4M) | (16.5M) | (17.3M) | |
| Cost Of Revenue | 77.0M | 80.4M | 94.7M | 97.8M | 112.4M | 89.4M | |
| Total Operating Expenses | (162.0M) | (180.3M) | (200.2M) | (84.5M) | 188.4M | 197.8M | |
| Income Before Tax | (20.2M) | (27.3M) | (17.0M) | (22.6M) | (10.9M) | (11.4M) | |
| Total Other Income Expense Net | 6.5M | 5.2M | 6.6M | (4.2M) | 6.7M | 3.4M | |
| Net Income Applicable To Common Shares | (13.8M) | (19.3M) | (25.0M) | (16.7M) | (15.0M) | (15.7M) | |
| Net Income | (19.3M) | (25.0M) | (16.7M) | (20.5M) | (9.9M) | (10.4M) | |
| Income Tax Expense | (872K) | (2.3M) | (378K) | (2.1M) | (2.4M) | (2.5M) | |
| Interest Income | 17.6M | 15.7M | 16.1M | 17.5M | 20.1M | 18.4M | |
| Depreciation And Amortization | 1.4M | 2.8M | 3.3M | 4.1M | 4.7M | 2.6M | |
| Ebitda | (25.3M) | (29.7M) | (20.3M) | (14.2M) | (12.8M) | (13.5M) | |
| Reconciled Depreciation | 1.4M | 2.8M | 3.3M | 4.1M | 5.4M | 3.0M |
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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 Vericity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vericity'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 Vericity Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vericity Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vericity. 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 information on how to buy Vericity Stock please use our How to Invest in Vericity guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Vericity Stock analysis
When running Vericity's price analysis, check to measure Vericity'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 Vericity is operating at the current time. Most of Vericity's value examination focuses on studying past and present price action to predict the probability of Vericity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vericity's price. Additionally, you may evaluate how the addition of Vericity to your portfolios can decrease your overall portfolio volatility.
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Is Vericity'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 Vericity. If investors know Vericity 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 Vericity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 11.937 | Quarterly Revenue Growth 0.061 | Return On Assets (0.01) | Return On Equity (0.09) |
The market value of Vericity is measured differently than its book value, which is the value of Vericity that is recorded on the company's balance sheet. Investors also form their own opinion of Vericity's value that differs from its market value or its book value, called intrinsic value, which is Vericity'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 Vericity's market value can be influenced by many factors that don't directly affect Vericity'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 Vericity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vericity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vericity'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.