Westaim Corp Stock Revenue

WED Stock  CAD 5.24  0.06  1.16%   
Westaim Corp fundamentals help investors to digest information that contributes to Westaim Corp's financial success or failures. It also enables traders to predict the movement of Westaim Stock. The fundamental analysis module provides a way to measure Westaim Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westaim Corp stock.
Last ReportedProjected for Next Year
Total Revenue211.3 M221.8 M
Total Revenue is likely to climb to about 221.8 M in 2024, whereas Current Deferred Revenue is likely to drop 0.80 in 2024.
  
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Westaim Corp Company Revenue Analysis

Westaim Corp's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

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Discounts and Returns

More About Revenue | All Equity Analysis

Current Westaim Corp Revenue

    
  211.27 M  
Most of Westaim Corp's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Westaim Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Historical and Projected quarterly revenue of Westaim

Projected quarterly revenue analysis of Westaim Corp provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Westaim Corp match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Westaim Corp's stock price.

Westaim Revenue Driver Correlations

Understanding the fundamental principles of building solid financial models for Westaim Corp is extremely important. It helps to project a fair market value of Westaim Stock properly, considering its historical fundamentals such as Revenue. Since Westaim Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Westaim Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Westaim Corp's interrelated accounts and indicators.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Based on the latest financial disclosure, Westaim Corp reported 211.27 M of revenue. This is 98.12% lower than that of the Capital Markets sector and 96.06% lower than that of the Financials industry. The revenue for all Canada stocks is 97.76% higher than that of the company.

Westaim Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westaim Corp's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westaim Corp could also be used in its relative valuation, which is a method of valuing Westaim Corp by comparing valuation metrics of similar companies.
Westaim Corp is currently under evaluation in revenue category among its peers.

Westaim Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Westaim Corp from analyzing Westaim Corp's financial statements. These drivers represent accounts that assess Westaim Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Westaim Corp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap291.9M279.8M282.8M275.3M396.1M291.4M
Enterprise Value270.3M271.6M276.7M272.1M261.2M234.7M

Westaim Fundamentals

About Westaim Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westaim Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westaim Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westaim Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Westaim Stock Analysis

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