Global-Tech Advanced Annual Income Statement (NASDAQ:GAI)

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$8.8 $0.01 (0.16%) GAI stock closing price Mar 21, 2016 (Closing)

Looking at financial statements, along with the Global-Tech Advanced stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement is generated for a specific period of time. The revenue increase of $78.02M for 2015 impacts the GAI stock. Investors typically check year over year or quarter over quarter revenue growth. 2015 revenue is $78.02M and has increased from $62.69M year on year as is evident when you compare the latest figures in the latest Global-Tech Advanced profit and loss statement with those of the prior corresponding period. (See also:Global-Tech Advanced assets and Global-Tech Advanced free cash flow) Global-Tech Advanced revenue for 2015 is $78.02M. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Apr - Mar. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Global-Tech Advanced Net Sales or Revenues
Cost Of Goods Sold (COGS)74.86M57.99M70.81M59M91.06M84.88M81.5M94.97M56.76M
Global-Tech Advanced Gross Profit
Research & Development Expense---------
Selling General & Admin Expense12.42M13.14M16.25M10.58M15.82M13.91M11.4M12.8M12.45M
Income Before Depreciation Depletion Amortization-9.27M-8.45M-5.98M0.06M-5.93M3.12M-5.51M-2.23M-8.92M
Depreciation Depletion Amortization---------
Non Operating Income2.58M3.08M2.35M1.21M1.95M0.73M0.09M-0.59M8.16M
Interest Expense---------
Global-Tech Advanced Pretax Income
Provision for Income Taxes-0.2M-0.25M-0.84M1.22M0.2M0.38M0.42M1.59M0.48M
Minority Interest---------0.07M
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations-6.47M-5.11M-2.79M0.04M-4.18M3.46M-5.84M-4.42M-1.16M
Extraordinary Items & Discontinued Operations--5.54M0.72M1.37M-----
Global-Tech Advanced Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS3.04M3.04M3.04M3.04M3.04M3.04M3.06M3.06M3.06M
Average Shares used to compute Basic EPS3.04M3.04M3.04M3.04M3.04M3.04M3.06M3.06M3.06M
Income Before Nonrecurring Items-6.42M-5.01M-2.69M0.04M-4.01M3.47M-4.97M-4.43M-5.17M
Income from Nonrecurring Items-------0.87M-4M
Global-Tech Advanced Earnings Per Share Basic Net
Global-Tech Advanced Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items-2.11-1.65-0.880.01-1.321.14-1.63-1.44-1.68
Preferred Dividends Acc Pd---------
Dividends Common---------
Dividend Per Share Common--1.00------
All figures in USD. M: Millions of USD, B: Billions of USD.

Before investing one should read a report on Global-Tech Advanced stock analysis. It helps to look at the following income statement items:
  • Topline: A growing topline, as seen from the Global-Tech Advanced revenue chart, as is the case with Global-Tech Advanced indicates a growing business. One needs to compare the QoQ or YoY topline growth of GAI stock with its peers like NC stock and LBY stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. GAI stock had a healthy bottom line growth.
The income statement is also called statement of revenue and expense. The financials along with Global-Tech Advanced historical stock prices provides a lot of details about the firm. .