QSAM Biosciences Net Income

QSAM Biosciences (QSAM) currently reports a net income of $-5M as of December 2023. That compares with $-6.2M in the prior-year period — up 19.1% year over year. That is below the Materials sector average of $19B. Use the charts on this page to explore QSAM Biosciences's net income history and peer comparisons.

QSAM Biosciences's net income increased from $-6.2M to $-5M — a 19.1% year-over-year increase (period ending December 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

QSAM Biosciences's net income of $-5M is lower than the Materials sector average of $19B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

QSAM Biosciences reported $-5M in net income as of December 2023. That compares with $-6.2M in the prior-year period — up 19.1% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net income of $-5M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is $19B. From there, open related valuation or income-statement pages for QSAM Biosciences, and consider following QSAM for alerts when major investors trade the stock.