Liberty Tax Revenue, Profits - TAX Quarterly Income Statement

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$9.7 $0.35 (3.74%) TAX stock closing price Mar 16, 2018 (Closing)

TAX stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Liberty Tax stock price. In the income statement, an investor can check for important parameters like the topline or sales, the bottomline or profits, the basic EPS, dividends etc. Like any other income statement, the TAX income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue decline of -92.63% when compared to the same period in the past. One also needs to look at Liberty Tax assets, operating expenses and Liberty Tax free cash flow. The Liberty Tax profit and loss statement shows revenue of $8.19M for 2018 Q1. Revenue has decreased by -92.63% QoQ for TAX stock.

View and download details of revenue and profits for Liberty Tax for latest & last 40 quarters.
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Fiscal year is May - Apr2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Liberty Tax Revenues or Net Sales
Cost Of Goods Sold (COGS)---------
Liberty Tax Gross Profit
Research & Development Expense10.36M30.27M17.19M9.47M10.14M31.41M20.97M8.83M9.35M
Selling General & Admin Expense11.57M24.73M23.61M10.7M10.19M17.19M21.55M11.24M10.36M
Income Before Depreciation Depletion Amortization-13.75M56.2M7.6M-12.94M-13.19M55.84M11.08M-12.21M-12.2M
Depreciation Depletion Amortization2.19M8.03M2.5M1.81M2.01M4.41M2.11M1.83M1.67M
Non Operating Income--0.04M--0.01M---0.01M--0.02M
Interest Expense---------
Liberty Tax Pretax Income
Provision for Income Taxes-6.36M18.3M1.68M-6.16M-6.07M18.76M3.51M-5.46M-5.76M
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations-9.76M29.33M2.46M-9.34M-9.43M29.96M4.4M-9.07M-8.54M
Extraordinary Items & Discontinued Operations---------
Liberty Tax Profit/ Loss (Net Income)
Average Shares used to compute Diluted EPS12.88M13.94M13.92M12.9M12.9M13.97M14M12.78M12.81M
Average Shares used to compute Basic EPS12.88M12.88M12.9M12.9M12.9M12.88M12.8M12.78M12.81M
Income Before Nonrecurring Items-9.46M31.07M2.6M-9.24M-8.79M30.12M4.4M-9.07M-8.54M
Income from Nonrecurring Items-0.3M-1.75M-0.15M-0.11M-0.64M-0.16M---
Liberty Tax Earnings Per Share Basic Net
Liberty Tax Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items-0.732.230.19-0.72-0.682.320.34-0.71-0.67
Preferred Dividends Acc Pd---------
Dividends Common2.03--------
Dividend Per Share Common0.
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 Liberty Tax stock analysis are:

  • Topline: A growing topline, as seen from the Liberty Tax revenue chart, as isn't the case with Liberty Tax indicates a sagging business. One needs to compare the QoQ topline or sales growth of TAX stock with its peers like CLCT stock and CANN stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. TAX stock had a poor bottom line growth.

The income statement is also called statement of revenue and expense. The TAX financials along with Liberty Tax historical stock prices provide a lot of details about the firm.

Liberty Tax Income Statement - Key Financial Ratios