Worldgate Communications Revenue, Profits - WGATQ Annual Income Statement

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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. The income statement is a summary of the revenue or sales, expenses and profitability (shown as Net Income) or lack of it. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from $1.77M to $17.78M and how operating and non operating activities have impacted the WGATQ stock. The Worldgate Communications profit and loss statement for 2010 shows a profit of $-12.72M. Profits have reduced from $-6.33M YoY. Apart from this an investor should also check Worldgate Communications assets and Worldgate Communications free cash flow. 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.2010200920082007
Worldgate Communications Net Sales or Revenues
17.78M1.77M2.96M3.44M
Cost Of Goods Sold (COGS)17.67M1.41M1.89M3.04M
Worldgate Communications Gross Profit
0.1M0.36M1.07M0.39M
Research & Development Expense3.73M2.69M2.31M5.31M
Selling General & Admin Expense7.47M5.52M4.02M7.73M
Income Before Depreciation Depletion Amortization-11.1M-7.85M-5.27M-12.65M
Depreciation Depletion Amortization1.26M3.22M2.47M0.6M
Non Operating Income-4.86M-1.2M-1.01M
Interest Expense0.35M0.12M0.32M0.46M
Worldgate Communications Pretax Income
-12.72M-6.33M-9.28M-14.73M
Provision for Income Taxes----
Minority Interest----
Investment Gains Losses----
Other Income----
Income Before Extraordinaries & Disc Operations-12.72M-6.33M-9.28M-14.73M
Extraordinary Items & Discontinued Operations----
Worldgate Communications Net Income (Profit/Loss)
-12.72M-6.33M-9.28M-14.73M
Average Shares used to compute Diluted EPS366.24M285.04M71.18M45.94M
Average Shares used to compute Basic EPS366.24M285.04M71.18M45.94M
Income Before Nonrecurring Items-12.72M8.13M-9.28M-14.74M
Income from Nonrecurring Items--14.46M--
Worldgate Communications Earnings Per Share Basic Net
-0.03-0.02-0.13-0.32
Worldgate Communications Earnings Per Share Diluted Net
-0.03-0.02-0.13-0.32
EPS Diluted Before Nonrecurring Items-0.030.03-0.13-0.32
Preferred Dividends Acc Pd----
Dividends Common----
Dividend Per Share Common----
All figures in USD. M: Millions of USD, B: Billions of USD.

Before investing one should read a report on Worldgate Communications stock analysis. It helps to look at the following income statement items:
  • Revenue: This is the inflow that is generated from the sale of goods or services and is $17.78M for this year of 2010. Our Worldgate Communications revenue chart gives a clear visual representation of how the topline or sales growth has been. Investors often invest only in those companies where the revenue is growing at a steady rate.
  • 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. WGATQ stock had a healthy bottom line growth.
The income statement is also called the profit and loss statement. Apart from the WGATQ income statement, one can check the Worldgate Communications historical stock prices to check how the price has moved with time .