Audiocodes Financial Statements From 2010 to 2022

Audiocodes financial statements provide useful quarterly and yearly information to potential Audiocodes investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Audiocodes financial statements helps investors assess Audiocodes' valuation, profitability, and current liquidity needs.
We have found ninety-one available fundamental signals for Audiocodes, which can be analyzed and compared to other ratios and to its rivals. Make sure you validate all of Audiocodes prevailing market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Audiocodes Earnings Before Interest Taxes and Depreciation Amortization EBITDA are projected to increase significantly based on the last few years of reporting. The past year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA were at 41.96 Million. The current year Earnings before Tax is expected to grow to about 42.8 M, whereas Average Assets are forecasted to decline to about 308.9 M.
  
Check Audiocodes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Audiocodes main balance sheet or income statement drivers, such as Consolidated Income of 36.4 M, Cost of Revenue of 79.6 M or Earning Before Interest and Taxes EBIT of 42.6 M, as well as many exotic indicators such as Asset Turnover of 0.71, Book Value per Share of 5.38 or Current Ratio of 1.75. Audiocodes financial statements analysis is a perfect complement when working with Audiocodes Valuation or Volatility modules. It can also supplement various Audiocodes Technical models . Check out Trending Equities.

Audiocodes Revenues

228.93 Million

Audiocodes Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets310.8 M349.4 M224.3 M
Increasing
Slightly volatile
Cash and Equivalents91.2 M84.5 M39.1 M
Increasing
Slightly volatile
Investments78.8 M90.3 M55.5 M
Increasing
Slightly volatile
Investments Current912.4 K889 K17.6 M
Increasing
Very volatile
Investments Non Current96.5 M89.4 M39.4 M
Increasing
Slightly volatile
Deferred Revenue43.7 M55.2 M25.2 M
Increasing
Slightly volatile
Property Plant and Equipment Net17 M20.9 M10.4 M
Increasing
Slightly volatile
Inventory24.2 M24 M20.3 M
Increasing
Slightly volatile
Tax Assets9.3 M8.9 M7.9 M
Increasing
Slightly volatile
Trade and Non Trade Receivables50.7 M58.2 M35.9 M
Increasing
Slightly volatile
Trade and Non Trade Payables41.3 M46.2 M30.4 M
Increasing
Slightly volatile
Goodwill and Intangible Assets42.8 M39.9 M38 M
Increasing
Slightly volatile
Total Liabilities130.9 M143.9 M97.4 M
Increasing
Slightly volatile
Shareholders Equity179.9 M205.5 M126.9 M
Increasing
Slightly volatile
Accumulated Retained Earnings DeficitM6.5 M(40.3 M)
Increasing
Slightly volatile
Accumulated Other Comprehensive Income2.2 MM570.9 K
Increasing
Slightly volatile
Current Assets151.8 M167.6 M112.4 M
Increasing
Slightly volatile
Assets Non Current159 M181.8 M111.8 M
Increasing
Slightly volatile
Current Liabilities83.4 M95.9 M58 M
Increasing
Slightly volatile
Liabilities Non Current47.5 M47.9 M39.4 M
Increasing
Slightly volatile
Total Debt21 M19.5 M19.9 M
Decreasing
Stable
Debt Current8.1 M8.1 M6.9 M
Decreasing
Very volatile
Debt Non Current11.1 M11.4 M12.8 M
Decreasing
Stable
Shareholders Equity USD179.9 M205.5 M126.9 M
Increasing
Slightly volatile
Cash and Equivalents USD91.2 M84.5 M39.1 M
Increasing
Slightly volatile
Total Debt USD21 M19.5 M19.9 M
Decreasing
Stable

Audiocodes Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues228.9 M248.9 M172.7 M
Increasing
Slightly volatile
Cost of Revenue79.6 M78 M67.4 M
Increasing
Slightly volatile
Selling General and Administrative Expense74.1 M78 M58.1 M
Increasing
Slightly volatile
Research and Development Expense48.3 M53.4 M35.7 M
Increasing
Slightly volatile
Operating Expenses122.5 M131.4 M93.9 M
Increasing
Slightly volatile
Interest Expense(126.2 K)(123 K)116.6 K
Increasing
Slightly volatile
Income Tax Expense6.4 M5.9 M939.3 K
Increasing
Stable
Consolidated Income36.4 M33.8 M11.5 M
Increasing
Slightly volatile
Net Income36.4 M33.8 M11.5 M
Increasing
Slightly volatile
Net Income Common Stock36.4 M33.8 M11.5 M
Increasing
Slightly volatile
Weighted Average Shares32.1 M32.7 M35.6 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted33.1 M33.8 M36.4 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT42.6 M39.5 M12.6 M
Increasing
Slightly volatile
Revenues USD228.9 M248.9 M172.7 M
Increasing
Slightly volatile
Net Income Common Stock USD36.4 M33.8 M11.5 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD42.6 M39.5 M12.6 M
Increasing
Slightly volatile
Gross Profit149.3 M170.9 M105.3 M
Increasing
Slightly volatile
Operating Income42.6 M39.5 M12.7 M
Increasing
Slightly volatile

Audiocodes Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals50.3 M46.6 M(5.3 M)
Increasing
Stable
Net Cash Flow from Financing(52.8 M)(51.5 M)(8 M)
Decreasing
Stable
Issuance Repayment of Debt Securities (1.3 M)(1.2 M)(10.7 K)
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares(40.4 M)(39.4 M)(4.5 M)
Decreasing
Very volatile
Net Cash Flow from Investing46 M42.6 M(7.7 M)
Increasing
Stable
Net Cash Flow from Operations51.1 M47.3 M20 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents41.5 M38.5 M4.1 M
Increasing
Slightly volatile
Share Based Compensation15.3 M14.2 M4.9 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion2.4 M2.4 M2.7 M
Decreasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share1.111.030.3516
Increasing
Slightly volatile
Earnings per Diluted Share1.081.00.3407
Increasing
Slightly volatile
Earnings per Basic Share USD1.111.030.3516
Increasing
Slightly volatile
Dividends per Basic Common Share0.330.330.2274
Increasing
Slightly volatile
Return on Average Equity0.180.1640.0778
Increasing
Slightly volatile
Return on Average Assets0.10.0960.0442
Increasing
Slightly volatile
Return on Invested Capital0.310.2870.1075
Increasing
Slightly volatile
Gross Margin0.710.6870.6085
Increasing
Slightly volatile
Profit Margin0.150.1360.0563
Increasing
Slightly volatile
EBITDA Margin0.180.1690.0774
Increasing
Slightly volatile
Return on Sales0.170.1590.0605
Increasing
Slightly volatile
Asset Turnover0.710.7090.7979
Decreasing
Stable
Payout Ratio0.450.320.5046
Increasing
Stable
Enterprise Value over EBITDA27.6625.6353.041
Increasing
Very volatile
Enterprise Value over EBIT23.1327.021.6251
Decreasing
Stable
Price to Earnings Ratio34.6133.72895.1058
Decreasing
Very volatile
Sales per Share6.877.6115.0042
Increasing
Slightly volatile
Price to Sales Ratio3.624.5642.1474
Increasing
Slightly volatile
Price to Book Value4.715.5823.0606
Increasing
Slightly volatile
Debt to Equity Ratio0.830.70.8037
Increasing
Stable
Dividend Yield0.00980.0090.0168
Decreasing
Slightly volatile
Current Ratio1.751.7461.9807
Decreasing
Slightly volatile
Free Cash Flow per Share1.521.4120.5655
Increasing
Slightly volatile
Book Value per Share5.386.2843.6372
Increasing
Slightly volatile
Tangible Assets Book Value per Share8.059.4625.4042
Increasing
Slightly volatile

Audiocodes Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax42.8 M39.6 M12.5 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA45.3 M42 M15.3 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD45.3 M42 M15.3 M
Increasing
Slightly volatile
Market Capitalization1.2 B1.1 B444.6 M
Increasing
Slightly volatile
Enterprise Value1.2 B1.1 B428 M
Increasing
Slightly volatile
Invested Capital140.7 M148.5 M111.2 M
Increasing
Slightly volatile
Average Equity179.2 M206.2 M125.2 M
Increasing
Slightly volatile
Average Assets308.9 M350.9 M219.5 M
Increasing
Slightly volatile
Invested Capital Average132.2 M137.6 M105.6 M
Increasing
Slightly volatile
Tangible Asset Value268 M309.4 M186.3 M
Increasing
Slightly volatile
Free Cash Flow49.8 M46.2 M18.3 M
Increasing
Slightly volatile
Working Capital68.4 M71.6 M54.4 M
Increasing
Slightly volatile

Audiocodes Fundamental Market Drivers

Forward Price Earnings13.91
Short Percent Of Float0.31%
Average Daily Volume Last 10 Day80.72k
Shares Short Prior Month104.1k
Average Daily Volume In Three Month96.44k
Date Short Interest15th of July 2022
Fifty Day Average22.58
Two Hundred Day Average27.40

Audiocodes Upcoming Events

Upcoming Quarterly Report1st of February 2022
Next Financial Report26th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End1st of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Be your own money manager

Our tools can tell you how much better you can do entering a position in Audiocodes without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Audiocodes

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 Audiocodes 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 Audiocodes will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Applied Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Materials 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 Applied Materials - 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 Applied Materials to buy it.
The correlation of Applied Materials is a statistical measure of how it moves in relation to other equities. 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 Applied Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Materials 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 Applied Materials 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
Check out Trending Equities. Note that the Audiocodes information on this page should be used as a complementary analysis to other Audiocodes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Tools for Audiocodes Stock

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