Worldgate Communications Annual Income Statement (OTCMKTS:WGATQ)

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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. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement is generated for a specific period of time. The revenue increase of $17.78M for 2010 impacts the WGATQ stock. Investors typically check year over year or quarter over quarter revenue growth. The operating expenses (also check: Worldgate Communications assets and Worldgate Communications free cash flow) as shown in the Worldgate Communications profit and loss statement 2010 total to $30.13M. This line item has increased from $12.84M compared with last year. 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. 2010 2009 2008 2007
Worldgate Communications Net Sales or Revenues
Cost Of Goods Sold (COGS)17.67M1.41M1.89M3.04M
Worldgate Communications Gross Profit
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
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)
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
Worldgate Communications Earnings Per Share Diluted Net
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.
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The key things to look for in an income statement while doing Worldgate Communications stock analysis are:
  • 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 QoQ or YoY topline 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 for a company in that industry.
  • Bottom line: Most businesses like Worldgate Communications try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Worldgate Communications historical stock prices to check how the price has moved with time. .