Forum Historical Income Statement

FET
 Stock
  

USD 25.78  0.32  1.26%   

Historical analysis of Forum Energy income statement accounts such as Gross Profit of 180.7 M or Interest Expense of 32.4 M can show how well Forum Energy Technologies performed in making a profits. Evaluating Forum Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Forum Energy's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Forum Energy 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 Forum Energy Technologies is a good buy for the upcoming year.
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About Forum Income Statement Analysis

Forum Energy 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 Forum Energy shareholders. The income statement also shows Forum 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).

Forum Energy Income Statement Chart

Forum Energy Technologies Income Statement is one of the three primary financial statements used for reporting Forum's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Forum Energy Technologies revenue and expense. Forum Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Forum Energy Weighted Average Shares is comparatively stable at the moment as compared to the past year. Forum Energy reported Weighted Average Shares of 5.64 Million in 2021. Weighted Average Shares Diluted is likely to gain to about 5.8 M in 2022, whereas Net Income is likely to drop (89.2 M) in 2022.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Forum Energy Technologies financial statement analysis. It represents the amount of money remaining after all of Forum Energy Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Forum Energy for goods sold or services provided during a certain time period. It also includes all of Forum Energy Technologies sales as well as any other increase in Forum Energy Technologies equity.Revenues are reported on Forum Energy Technologies income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from Forum Energy income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Forum Energy 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. Please check Investing Opportunities.Forum Energy Weighted Average Shares is comparatively stable at the moment as compared to the past year. Forum Energy reported Weighted Average Shares of 5.64 Million in 2021. Weighted Average Shares Diluted is likely to gain to about 5.8 M in 2022, whereas Net Income is likely to drop (89.2 M) in 2022.
 2019 2020 2021 2022 (projected)
Revenues USD956.53 M512.48 M541.07 M719.67 M
Revenues956.53 M512.48 M541.07 M719.67 M

Forum Energy income statement Correlations

Forum Energy Account Relationship Matchups

Forum Energy income statement Accounts

201720182019202020212022 (projected)
Direct Expenses629.83 M807.85 M711.68 M523.5 M417.73 M647.79 M
Consolidated Income(59.4 M)(374.08 M)(567.06 M)(96.89 M)(82.65 M)(89.18 M)
Cost of Revenue629.83 M807.85 M711.68 M523.5 M417.73 M538.97 M
Earning Before Interest and Taxes EBIT(28.47 M)(357.22 M)(537.25 M)(79.5 M)(50 M)(53.95 M)
Earning Before Interest and Taxes USD(28.47 M)(357.22 M)(537.25 M)(79.5 M)(50 M)(53.95 M)
Gross Profit188.79 M256.37 M244.85 M(11.02 M)123.34 M180.7 M
Interest Expense26.81 M32.53 M31.62 M30.27 M32.01 M32.36 M
Net Income(59.4 M)(374.08 M)(567.06 M)(96.89 M)(82.65 M)(89.18 M)
Net Income Common Stock(59.4 M)(374.08 M)(567.06 M)(96.89 M)(82.65 M)(89.18 M)
Net Income Common Stock USD(59.4 M)(374.08 M)(567.06 M)(96.89 M)(82.65 M)(89.18 M)
Operating Expenses331.38 M653.51 M780.68 M220.6 M167.83 M172.25 M
Operating Income(142.59 M)(397.14 M)(535.83 M)(231.62 M)(44.49 M)(48.01 M)
Revenues818.62 M1.06 B956.53 M512.48 M541.07 M719.67 M
Revenues USD818.62 M1.06 B956.53 M512.48 M541.07 M719.67 M
Selling General and Administrative Expense253.71 M286.98 M251.74 M197.68 M168.89 M190.15 M
Weighted Average Shares4.93 M5.44 M5.5 M5.58 M5.64 M5.73 M
Weighted Average Shares Diluted4.93 M5.44 M5.5 M5.58 M5.64 M5.78 M
Income Tax Expense4.12 M(15.67 M)(1.81 M)(12.88 M)642 K658.89 K

Forum Energy Investors Sentiment

The influence of Forum Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Forum. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forum Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forum Energy's short interest history, or implied volatility extrapolated from Forum Energy options trading.

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Please check Investing Opportunities. Note that the Forum Energy Technologies information on this page should be used as a complementary analysis to other Forum Energy's 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Forum Energy Technologies price analysis, check to measure Forum Energy'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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.
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Is Forum Energy'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 Forum Energy. If investors know Forum 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 Forum Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
145.7 M
Quarterly Revenue Growth YOY
0.25
Return On Assets
-0.0162
Return On Equity
-0.0929
The market value of Forum Energy Technologies is measured differently than its book value, which is the value of Forum that is recorded on the company's balance sheet. Investors also form their own opinion of Forum Energy's value that differs from its market value or its book value, called intrinsic value, which is Forum Energy'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 Forum Energy's market value can be influenced by many factors that don't directly affect Forum Energy'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 Forum Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Forum Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Energy'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.