Energous Historical Income Statement

WATT Stock  USD 1.38  0.03  2.13%   
Historical analysis of Energous income statement accounts such as Depreciation And Amortization of 1.1 M, Selling General Administrative of 9.4 M, Selling And Marketing Expenses of 4.9 M or Other Operating Expenses of 36.2 M can show how well Energous performed in making a profits. Evaluating Energous income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Energous's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Energous 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 Energous is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.

About Energous Income Statement Analysis

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

Energous Income Statement Chart

At this time, Energous' Net Interest Income is comparatively stable compared to the past year.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Energous. It is also known as Energous 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Energous minus its cost of goods sold. It is profit before Energous 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 Energous' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Energous 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.At this time, Energous' Net Interest Income is comparatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Net Interest Income5.5K411.1K866.4K909.8K
Interest Income5.5K411.1K866.4K909.8K

Energous income statement Correlations

0.580.450.710.48-0.47-0.470.38-0.430.48-0.440.02-0.49-0.060.38-0.040.120.140.510.060.06-0.43
0.58-0.240.15-0.160.120.08-0.120.12-0.150.07-0.110.020.07-0.14-0.12-0.35-0.19-0.2-0.44-0.44-0.1
0.45-0.240.840.99-0.96-0.930.91-0.930.98-0.850.21-0.85-0.30.540.310.170.460.910.240.24-0.37
0.710.150.840.82-0.8-0.770.68-0.750.82-0.740.09-0.75-0.180.32-0.010.250.080.830.240.24-0.64
0.48-0.160.990.82-0.98-0.940.94-0.931.0-0.890.15-0.88-0.250.540.360.040.510.860.130.13-0.29
-0.470.12-0.96-0.8-0.980.95-0.980.95-0.980.92-0.120.920.24-0.51-0.40.06-0.52-0.82-0.01-0.010.2
-0.470.08-0.93-0.77-0.940.95-0.921.0-0.940.76-0.420.750.53-0.55-0.39-0.02-0.52-0.88-0.07-0.080.26
0.38-0.120.910.680.94-0.98-0.92-0.920.95-0.920.08-0.91-0.210.540.54-0.20.630.72-0.14-0.14-0.02
-0.430.12-0.93-0.75-0.930.951.0-0.92-0.930.75-0.430.740.54-0.54-0.4-0.01-0.53-0.87-0.07-0.070.25
0.48-0.150.980.821.0-0.98-0.940.95-0.93-0.890.15-0.89-0.250.540.370.030.510.850.120.12-0.28
-0.440.07-0.85-0.74-0.890.920.76-0.920.75-0.890.281.0-0.15-0.39-0.360.18-0.45-0.620.120.120.09
0.02-0.110.210.090.15-0.12-0.420.08-0.430.150.280.28-0.980.260.060.320.150.450.330.33-0.27
-0.490.02-0.85-0.75-0.880.920.75-0.910.74-0.891.00.28-0.16-0.4-0.360.19-0.44-0.610.130.130.1
-0.060.07-0.3-0.18-0.250.240.53-0.210.54-0.25-0.15-0.98-0.16-0.33-0.18-0.25-0.24-0.52-0.22-0.220.22
0.38-0.140.540.320.54-0.51-0.550.54-0.540.54-0.390.26-0.4-0.330.770.30.720.62-0.04-0.040.06
-0.04-0.120.31-0.010.36-0.4-0.390.54-0.40.37-0.360.06-0.36-0.180.77-0.230.770.23-0.53-0.530.52
0.12-0.350.170.250.040.06-0.02-0.2-0.010.030.180.320.19-0.250.3-0.23-0.180.480.780.78-0.66
0.14-0.190.460.080.51-0.52-0.520.63-0.530.51-0.450.15-0.44-0.240.720.77-0.180.36-0.27-0.270.37
0.51-0.20.910.830.86-0.82-0.880.72-0.870.85-0.620.45-0.61-0.520.620.230.480.360.410.41-0.56
0.06-0.440.240.240.13-0.01-0.07-0.14-0.070.120.120.330.13-0.22-0.04-0.530.78-0.270.411.0-0.69
0.06-0.440.240.240.13-0.01-0.08-0.14-0.070.120.120.330.13-0.22-0.04-0.530.78-0.270.411.0-0.69
-0.43-0.1-0.37-0.64-0.290.20.26-0.020.25-0.280.09-0.270.10.220.060.52-0.660.37-0.56-0.69-0.69
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Energous Account Relationship Matchups

Energous income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization7.5K4.1K4.0M1.6M907.0K1.1M
Selling General Administrative10.4M9.2M9.0M8.1M7.3M9.4M
Selling And Marketing Expenses5.4M5.9M8.6M4.9M3.9M4.9M
Other Operating Expenses39.0M32.2M38.2M26.7M22.2M36.2M
Operating Income(38.8M)(31.9M)(37.4M)(26.7M)(21.7M)(22.8M)
Ebit(38.8M)(31.9M)(37.4M)(26.7M)(21.7M)(22.8M)
Research Development23.2M17.1M20.6M12.5M9.9M9.4M
Ebitda(38.8M)(31.9M)(33.4M)(25.1M)(20.8M)(21.9M)
Total Operating Expenses39.0M32.1M38.2M25.5M21.0M35.9M
Income Before Tax(38.4M)(31.8M)(41.4M)(26.3M)(19.4M)(20.3M)
Total Other Income Expense Net408.8K67.1K(4.0M)411.1K2.4M2.5M
Net Income(36.4M)(30.6M)(44.5M)(25.9M)(19.4M)(20.3M)
Income Tax Expense(2.0M)(1.2M)3.1M(411.1K)4.03.8
Total Revenue200.1K327.4K756.8K851.3K474.2K658.4K
Gross Profit200.1K200.8K(175.8K)(426.2K)(711.9K)(676.3K)
Net Income From Continuing Ops(38.4M)(31.8M)(41.4M)(26.3M)(20.9M)(21.9M)
Net Income Applicable To Common Shares(38.4M)(31.8M)(41.4M)(26.3M)(30.2M)(31.7M)
Interest Income416.3K71.2K5.5K411.1K866.4K909.8K
Net Interest Income416.3K71.2K5.5K411.1K866.4K909.8K
Reconciled Depreciation781.2K356.3K258.2K976.6K180.5K171.5K

Pair Trading with Energous

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

Moving against Energous Stock

  0.78BMI Badger Meter Financial Report 18th of July 2024 PairCorr
  0.71DYSL Dynasil OfPairCorr
  0.5WELX Winland HoldingsPairCorr
  0.47GIGA Giga tronics Symbol ChangePairCorr
  0.45GRMN GarminPairCorr
The ability to find closely correlated positions to Energous could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energous 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 Energous - 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 Energous to buy it.
The correlation of Energous 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 Energous moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energous 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 Energous 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

Additional Tools for Energous Stock Analysis

When running Energous' price analysis, check to measure Energous' 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 Energous is operating at the current time. Most of Energous' value examination focuses on studying past and present price action to predict the probability of Energous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energous' price. Additionally, you may evaluate how the addition of Energous to your portfolios can decrease your overall portfolio volatility.