Worldgate Communications Annual Income Statement (OTCMKTS:WGATQ)

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

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Worldgate Communications stock price alone is not sufficient. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement for WGATQ which implies a YoY revenue growth of $16.01M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. 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.

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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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Worldgate Communications stock analysis involves checking at least a few of the important things like:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Worldgate Communications revenue chart) implies that the company is growing, which has been the case with Worldgate Communications. One must stay away from stocks whose revenues are declining.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $17.78M - other expenses = $-12.72M for WGATQ stock. An improving bottomline implies that the company is growing profits.
The income statement is also called statement of revenue and expense. The financials along with Worldgate Communications historical stock prices provides a lot of details about the firm. .