Assuranceamerica Revenue, Profits - ASAM Annual Income Statement

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$0.06 $0 (0%) ASAM stock closing price Dec 18, 2017 (Closing)

Financial analysis of Assuranceamerica involves more than just checking the Assuranceamerica stock price, by looking at the financial statements of the company in detail. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the ASAM stock is bound to reflect the impact of the YOY decline of -19.32%. Along with Assuranceamerica assets and Assuranceamerica free cash flow, Assuranceamerica profits as shown in profit and loss statement give key insights about the business. The net profit for 2011 is $-11.56M and the 2011 revenue is $56.4M.

View revenue and profit details for latest and last 10 financial years.
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Fiscal year is Jan - Dec2011201020092008
Assuranceamerica Revenues or Net Sales
56.4M69.91M66.99M63.24M
Cost Of Goods Sold (COGS)31.04M25.02M--
Assuranceamerica Gross Profit
25.36M44.89M--
Research & Development Expense----
Selling General & Admin Expense31.07M39.5M--
Income Before Depreciation Depletion Amortization-5.71M5.38M--
Depreciation Depletion Amortization-1.16M--
Non Operating Income--1.93M--
Interest Expense----
Assuranceamerica Pretax Income
-6.52M1.93M--
Provision for Income Taxes2.44M1.04M--
MinorityInterest----
Investment Gains Losses----
Other Income----
Income Before Extraordinaries & Disc Operations-8.97M---3.22M
Extraordinary Items & Discontinued Operations-2.59M---
Assuranceamerica Profit/ Loss (Net Income)
-11.56M---3.22M
Average Shares used to compute Diluted EPS65.74M65.92M65.29M64.92M
Average Shares used to compute Basic EPS65.74M65.47M65.12M64.92M
Income Before Nonrecurring Items-8.97M-0.61M--
Income from Nonrecurring Items-1.5M--3.37M
Assuranceamerica Earnings Per Share Basic Net
-0.180.010.01-0.05
Assuranceamerica Earnings Per Share Diluted Net
-0.180.010.01-0.05
EPS Diluted Before Nonrecurring Items-0.14-0.010.010.00
Preferred Dividends Acc Pd----
Dividends Common----
Dividend Per Share Common0.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.

Before investing one should read a report on Assuranceamerica stock analysis. It helps to look at the following income statement items:

  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth - See: Assuranceamerica revenue chart implies that the company is growing. It has not been the case with Assuranceamerica. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • 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 $-11.56M for Assuranceamerica for 2011. 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 ASAM income statement, one can check the Assuranceamerica historical stock prices to check how the price has moved with time.

Assuranceamerica Income Statement - Key Financial Ratios