Worldgate Communications Annual Income Statement (OTCMKTS:WGATQ)

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$0 $0 (0%) WGATQ stock closing price Jul 07, 2014 (Closing)

Looking at financial statements, along with the Worldgate Communications stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   In the income statement, an investor can look at important parameters like revenue, gross profits, net profits, and EPS basic to gain deeper insights. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from $1.77M to $17.78M and how operating and non operating activities have impacted the WGATQ stock. 2010 revenue is $17.78M and has increased from $1.77M year on year as is evident when you compare the latest figures in the latest Worldgate Communications profit and loss statement with those of the prior corresponding period. (See also:Worldgate Communications assets and Worldgate Communications free cash flow) Worldgate Communications revenue for 2010 is $17.78M. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Jan - Dec. 2010 2009 2008 2007 2006
Worldgate Communications Net Sales or Revenues
17.78M1.77M2.96M3.44M2.77M
Cost Of Goods Sold (COGS)17.67M1.41M1.89M3.04M3.36M
Worldgate Communications Gross Profit
0.1M0.36M1.07M0.39M-0.59M
Research & Development Expense3.73M2.69M2.31M5.31M6.23M
Selling General & Admin Expense7.47M5.52M4.02M7.73M10.37M
Income Before Depreciation Depletion Amortization-11.1M-7.85M-5.27M-12.65M-17.2M
Depreciation Depletion Amortization1.26M3.22M2.47M0.6M2.07M
Non Operating Income-4.86M-1.2M-1.01M1.86M
Interest Expense0.35M0.12M0.32M0.46M0.19M
Worldgate Communications Pretax Income
-12.72M-6.33M-9.28M-14.73M-17.6M
Provision for Income Taxes-----
Minority Interest-----
Investment Gains Losses-----
Other Income-----
Income Before Extraordinaries & Disc Operations-12.72M-6.33M-9.28M-14.73M-17.6M
Extraordinary Items & Discontinued Operations-----
Worldgate Communications Net Income (Profit/Loss)
-12.72M-6.33M-9.28M-14.73M-17.6M
Average Shares used to compute Diluted EPS366.24M285.04M71.18M45.94M39.99M
Average Shares used to compute Basic EPS366.24M285.04M71.18M45.94M39.99M
Income Before Nonrecurring Items-12.72M8.13M-9.28M-14.74M-18.77M
Income from Nonrecurring Items--14.46M--1.17M
Worldgate Communications Earnings Per Share Basic Net
-0.03-0.02-0.13-0.32-0.44
Worldgate Communications Earnings Per Share Diluted Net
-0.03-0.02-0.13-0.32-0.44
EPS Diluted Before Nonrecurring Items-0.030.03-0.13-0.32-0.47
Preferred Dividends Acc Pd-----
Dividends Common-----
Dividend Per Share Common-----
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Worldgate Communications stock analysis. An investor must check the following items in an income statement:
  • Topline: A growing topline, as seen from the Worldgate Communications revenue chart, as is the case with Worldgate Communications indicates a growing business. One needs to compare the QoQ or YoY topline growth of WGATQ stock with its peers like BOGN stock and EPIHY stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: Most businesses like Worldgate Communications try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Worldgate Communications historical stock prices to check how the price has moved with time. .