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. 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. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the WGATQ stock is bound to reflect the impact of the YOY growth of 904.52%. The operating expenses as shown in the Worldgate Communications profit and loss statement for 2010 total to $12.46M. This line item shows that the operating expenses has increased compared with last year. Also check: Worldgate Communications assets and Worldgate Communications free cash flow.

View revenue and profit details for latest and last 10 financial years.
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Fiscal year is Jan - Dec201020092008
Worldgate Communications Revenues or Net Sales
17.78M1.77M2.96M
Cost Of Goods Sold (COGS)17.67M1.41M1.89M
Worldgate Communications Gross Profit
--1.07M
Research & Development Expense3.73M2.69M2.31M
Selling General & Admin Expense7.47M5.52M4.02M
Income Before Depreciation Depletion Amortization-11.1M-7.85M-5.27M
Depreciation Depletion Amortization1.26M3.22M2.47M
Non Operating Income-4.86M-1.2M
Interest Expense---
Worldgate Communications Pretax Income
-12.72M-6.33M-9.28M
Provision for Income Taxes---
MinorityInterest---
Investment Gains Losses---
Other Income---
Income Before Extraordinaries & Disc Operations-12.72M-6.33M-9.28M
Extraordinary Items & Discontinued Operations---
Worldgate Communications Profit/ Loss (Net Income)
-12.72M-6.33M-9.28M
Average Shares used to compute Diluted EPS366.24M285.04M71.18M
Average Shares used to compute Basic EPS366.24M285.04M71.18M
Income Before Nonrecurring Items-12.72M8.13M-9.28M
Income from Nonrecurring Items--14.46M-
Worldgate Communications Earnings Per Share Basic Net
-0.03-0.02-0.13
Worldgate Communications Earnings Per Share Diluted Net
-0.03M-0.02M-0.13M
EPS Diluted Before Nonrecurring Items-0.030.03-0.13
Preferred Dividends Acc Pd---
Dividends Common---
Dividend Per Share Common0.000.000.00
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:

  • Topline: A growing topline, as seen from the Worldgate Communications revenue chart, as is the case with Worldgate Communications indicates a growing business. One needs to compare the YoY topline or sales growth of WGATQ stock with its peers like BOGN stock and EPIHY stock to see if the growth compares well with what can be expected from a company in that industry.
  • 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 $-12.72M for Worldgate Communications for 2010. 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 WGATQ income statement, one can check the Worldgate Communications historical stock prices to check how the price has moved with time.