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Summit Financial Services Revenue Chart
$1.48 $0.03 (2.07%) SFNS stock closing price Jun 11, 2014 (Closing)
The latest 2014-Q1 Summit Financial Services revenue is 26.16M. Compare Summit Financial Services revenue chart with Atlanticus revenue, Flexshopper revenue.
SFNS Revenue Chart
You can do annual as well as quarterly comparisons of Summit Financial Services Group Inc(NDA) net sales with its competitor companies like Atlanticus, Flexshopper. Over the 5 year period Summit Financial Services revenue in 2013 was highest at 87.62M. In the latest quarter, SFNS revenue 2014-Q1 has changed from 22.32M to 26.16M implying an increase of 17.2%.
Summit Financial Services Quarterly Revenue
* Past 5 years Range
|Max SFNS Revenue||$26.16M||Mar, 2014|
|Min SFNS Revenue||$10.2M||Jun, 2009|
Summit Financial Services Annual Revenue
* Past 5 years Range
|Max SFNS Revenue||$87.62M||Dec, 2013|
|Min SFNS Revenue||$45M||Dec, 2009|
Summit Financial Services Annual Revenue VS Peers
|Summit Financial Services Revenue||----||----||----||$87.62M||$73.23M|
|Trident Brands Revenue||$0.16M||$0.01M||----||----||----|
|Mentor Capital Revenue||$2.76M||$2.56M||$2.14M||$0.03M||----|
|HRG Group Revenue||$5.22B||$5.82B||$5.96B||$5.54B||$4.48B|
Summit Financial Services Stock Articles
Revenue, Sales, Turnover or net sales basically describes the Dollar value of transactions that result in incomes to a business as a result of business or operating activities during a specific period of time. Most often, this number is reported on a quarterly or annual basis. Since this features right at the top of an income statement, or profit and loss statement, also known as the statement of operations, the line item is also known as the ‘top line’ for a company. Other commonly used phrases include gross income and income from operations under IFRS. When you deduct expenses, costs and overheads, you arrive at the profit figure. For instance, when you net off Summit Financial Services revenue with Summit Financial Services expenses, the figure that you arrive at will be Summit Financial Services profit. This profit is also known as the bottom line due to its proximity to the bottom on the income statement. Growing top line numbers are a sign of financial health. That said, sales cannot be viewed on a standalone basis without considering profits, because ultimately, businesses are run with the aim of making profits after covering costs. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It’s a good exercise to to compare Summit Financial Services revenue with that of its peers. For instance, you can compare ALIMCO FINL CP topline, with Atlanticus topline, Mentor Capital topline, etc to assess how the company is doing with respect to its peers.