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)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Global-Tech Advanced stock price alone is not sufficient. In the income statement, an investor can check for important parameters like the topline, the bottomline, the EPS basic, dividends etc. The income statement for GAI which implies a YoY revenue growth of $15.33M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. The Global-Tech Advanced profit and loss statement for 2015 shows a profit of $-6.47M. Profits have grown from $-10.66M YoY. Apart from this an investor should also check 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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Annual
Quarterly
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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
78.02M62.69M81.08M69.65M100.95M101.92M87.38M105.54M60.29M
Cost Of Goods Sold (COGS)74.86M57.99M70.81M59M91.06M84.88M81.5M94.97M56.76M
Global-Tech Advanced Gross Profit
3.15M4.69M10.26M10.64M9.89M17.04M5.88M10.56M3.52M
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
-6.68M-5.37M-3.63M1.27M-3.98M3.85M-5.41M-2.83M-0.76M
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)
-6.47M-10.66M-2.07M1.41M-4.18M3.46M-5.84M-4.42M-1.16M
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
-2.11-3.47-0.650.46-1.321.14-1.91-1.44-0.40
Global-Tech Advanced Earnings Per Share Diluted Net
-2.11-3.47-0.650.46-1.321.14-1.91-1.44-0.40
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.
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The key things to look for in an income statement while doing Global-Tech Advanced stock analysis are:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Global-Tech Advanced revenue chart) implies that the company is growing, which has been the case with Global-Tech Advanced. 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 $78.02M - other expenses = $-6.47M for GAI stock. An improving bottomline implies that the company is growing profits.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Global-Tech Advanced historical stock prices to check how the price has moved with time. .