Synchronoss Historical Income Statement
| SNCRL Stock | USD 22.09 0.13 0.59% |
Historical analysis of Synchronoss Technologies income statement accounts such as Other Operating Expenses of 249.5 M, Research Development of 48.3 M, EBITDA of 11.5 M or Cost Of Revenue of 107.3 M can show how well Synchronoss Technologies 8375 performed in making a profits. Evaluating Synchronoss Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Synchronoss Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Synchronoss Technologies 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 Synchronoss Technologies is a good buy for the upcoming year.
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About Synchronoss Income Statement Analysis
Synchronoss Technologies 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 Synchronoss Technologies shareholders. The income statement also shows Synchronoss 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).
Synchronoss Technologies Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Synchronoss Technologies 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 Synchronoss Technologies 8375 minus its cost of goods sold. It is profit before Synchronoss Technologies 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 Synchronoss Technologies. It is also known as Synchronoss Technologies 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 Synchronoss Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Synchronoss Technologies 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 Synchronoss Technologies 8375. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.At this time, Synchronoss Technologies' Cost Of Revenue is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 142.2 M this year, although the value of Operating Income is projected to rise to (4.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.4M | 13.6M | 12.4M | 13.1M | Depreciation And Amortization | 36.1M | 31.8M | 16.8M | 16.0M |
Synchronoss Technologies income statement Correlations
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Synchronoss Technologies Account Relationship Matchups
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Synchronoss Technologies income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 84.1M | 43.7M | 36.1M | 31.8M | 16.8M | 16.0M | |
| Interest Expense | 1.4M | 476K | 6.4M | 13.6M | 12.4M | 13.1M | |
| Total Revenue | 308.7M | 291.7M | 280.6M | 252.6M | 164.2M | 238.9M | |
| Gross Profit | 158.3M | 169.9M | 171.6M | 160.9M | 105.1M | 136.5M | |
| Other Operating Expenses | 415.8M | 331.8M | 294.4M | 249.4M | 168.9M | 249.5M | |
| Operating Income | (107.0M) | (29.0M) | (18.7M) | 7.1M | (4.7M) | (4.5M) | |
| Ebit | (107.0M) | (29.0M) | (18.7M) | 7.1M | (4.7M) | (4.5M) | |
| Research Development | 75.6M | 77.0M | 64.3M | 55.6M | 44.6M | 48.3M | |
| Ebitda | (23.0M) | 14.7M | 17.4M | 38.9M | 12.1M | 11.5M | |
| Cost Of Revenue | 150.4M | 121.8M | 109.1M | 91.7M | 59.0M | 107.3M | |
| Total Operating Expenses | 265.4M | 210.0M | 185.4M | 157.7M | 109.9M | 142.2M | |
| Income Before Tax | (101.3M) | (37.5M) | (30.3M) | (5.9M) | (29.3M) | (27.8M) | |
| Total Other Income Expense Net | 5.7M | (8.4M) | (11.6M) | (13.0M) | (24.6M) | (23.4M) | |
| Net Income | (103.5M) | (10.4M) | (23.1M) | (7.7M) | (38.2M) | (36.2M) | |
| Income Tax Expense | 2.2M | (27.1M) | (7.2M) | 1.9M | 4.7M | 2.4M |
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When determining whether Synchronoss Technologies is a strong investment it is important to analyze Synchronoss Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synchronoss Technologies' future performance. For an informed investment choice regarding Synchronoss Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchronoss Technologies 8375. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Business Services space 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 Synchronoss Technologies. If investors know Synchronoss 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 Synchronoss Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Synchronoss Technologies is measured differently than its book value, which is the value of Synchronoss that is recorded on the company's balance sheet. Investors also form their own opinion of Synchronoss Technologies' value that differs from its market value or its book value, called intrinsic value, which is Synchronoss Technologies' 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 Synchronoss Technologies' market value can be influenced by many factors that don't directly affect Synchronoss Technologies' 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 Synchronoss Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchronoss Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchronoss Technologies' 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.