Worldgate Communications Annual Income Statement (OTCMKTS:WGATQ)

Add to My Stocks
$0 $0 (0%) WGATQ stock closing price Jul 07, 2014 (Closing)

Fundamental analysis of WGATQ stock involves analyzing its financial statements, apart from checking the Worldgate Communications stock price The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. 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. The operating expenses (also check: Worldgate Communications assets and Worldgate Communications free cash flow) as shown in the Worldgate Communications profit and loss statement 2010 total to $30.13M. This line item has increased from $12.84M compared with last year. Worldgate Communications revenue for 2010 is $17.78M. View revenue and profit details for latest and last 10 financial years.

show more
Get Income statement for another ticker
Fiscal year is Jan - Dec. 2010 2009 2008 2007 2006
Worldgate Communications Net Sales or Revenues
Cost Of Goods Sold (COGS)17.67M1.41M1.89M3.04M3.36M
Worldgate Communications Gross Profit
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
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)
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
Worldgate Communications Earnings Per Share Diluted Net
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.

Before investing one should read a report on Worldgate Communications stock analysis. It helps to look at the following income statement items:
  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that WGATQ stock has a topline or revenue of $17.78M for 2010 as per this Worldgate Communications revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $-12.72M for Worldgate Communications for 2010. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
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. .