abrdn Global Income Fund, Inc. (FCO) Income Statement Analysis

See more : D.T.C. Industries Public Company Limited (DTCI.BK) Income Statement Analysis – Financial Results

Complete financial analysis of abrdn Global Income Fund, Inc. (FCO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of abrdn Global Income Fund, Inc., a leading company in the Asset Management – Income industry within the Financial Services sector.

You may be interested

abrdn Global Income Fund, Inc. (FCO)

Industry: Asset Management - Income

Sector: Financial Services

Website: https://www.aberdeenfco.com

About abrdn Global Income Fund, Inc.

Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe. It primarily invests in fixed-income securities denominated in the Commonwealth currencies and global debt securities. The fund benchmarks the performance of its portfolio against a composite index comprised of 20% Bank of America Merrill Lynch Australian Government Bonds Index, 20% Bank of America Merrill Lynch UK Government Bonds Index, 15% Bank of America Merrill Lynch Canadian Government Bonds Index, 15% Bank of America Merrill Lynch New Zealand Government Bonds Index, and 30% Bank of America Merrill Lynch Global Emerging Markets Index. Abrdn Global Income Fund Inc was formed on June 28, 1991 and is domiciled in the United States.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	5.77M	-15.26M	5.57M	-3.16M	6.74M	-2.22M	7.73M	6.60M	-10.85M	2.28M	-6.42M	13.36M	13.39M	19.96M
Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	1.40M	1.66M	0.00	0.00	0.00	5.23M	0.00	0.00
Gross Profit	5.77M	-15.26M	5.57M	-3.16M	6.74M	-2.22M	6.33M	4.95M	-10.85M	2.28M	-6.42M	8.13M	13.39M	19.96M
Gross Profit Ratio	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	81.89%	74.92%	100.00%	100.00%	100.00%	60.84%	100.00%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	678.29K	553.60K	669.53K	690.32K	692.78K	721.68K	793.72K	767.97K	1.08M	938.52K	971.20K	988.97K	933.56K	1.07M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	60.26K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	678.29K	553.60K	669.53K	690.32K	692.78K	721.68K	793.72K	767.97K	1.08M	938.52K	971.20K	988.97K	933.56K	1.07M
Other Expenses	5.10M	96.99K	100.27K	48.53K	79.32K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses	5.77M	650.59K	769.80K	738.85K	772.10K	751.15K	855.21K	815.25K	1.12M	971.04K	1.01M	1.02M	958.63K	1.10M
Cost & Expenses	5.77M	-21.34M	769.80K	738.85K	772.10K	-10.06M	608.19K	2.03M	-16.22M	-4.40M	-14.46M	5.67M	958.63K	1.10M
Interest Income	4.78M	3.97M	4.23M	4.57M	5.48M	6.13M	6.33M	4.75M	5.91M	6.78M	7.51M	8.13M	9.01M	9.18M
Interest Expense	1.12M	417.63K	254.61K	475.80K	976.32K	869.89K	628.06K	464.44K	430.09K	462.86K	431.59K	480.36K	540.64K	649.59K
Depreciation & Amortization	167.90K	-2.98M	-3.04M	-3.33M	-4.13M	-4.73M	-4.79M	-3.43M	-4.23M	-4.83M	-5.45M	-6.05M	0.00	0.00
EBITDA	11.28M	12.52M	0.00	-3.90M	0.00	-7.71M	2.02M	0.00	-31.97M	-3.52M	-25.32M	0.00	12.43M	18.86M
EBITDA Ratio	195.39%	123.78%	86.19%	123.38%	88.55%	346.90%	26.19%	17.63%	164.51%	-201.59%	208.09%	36.24%	92.84%	94.48%
Operating Income	5.00M	-15.91M	4.80M	-3.90M	5.97M	4.73M	4.79M	3.43M	4.23M	4.83M	5.45M	6.05M	12.43M	18.86M
Operating Income Ratio	86.58%	104.26%	86.19%	123.38%	88.55%	-213.08%	61.93%	51.98%	-38.95%	211.95%	-85.02%	45.27%	92.84%	94.48%
Total Other Income/Expenses	0.00	-15.91M	0.00	0.00	0.00	-8.39M	2.09M	2.35M	0.00	-3.52M	0.00	6.30M	0.00	0.00
Income Before Tax	5.00M	-15.91M	4.80M	-3.90M	5.97M	-2.97M	6.88M	5.79M	-11.97M	1.31M	-7.42M	12.35M	12.43M	18.86M
Income Before Tax Ratio	86.58%	104.26%	86.19%	123.38%	88.55%	133.81%	88.94%	87.65%	110.29%	57.40%	115.68%	92.39%	92.84%	94.48%
Income Tax Expense	0.00	-417.63K	4.80M	-3.90M	5.97M	-7.71M	2.02M	1.16M	-17.86M	-4.60M	-13.35M	4.84M	0.00	0.00
Net Income	5.00M	-15.50M	4.80M	-3.90M	5.97M	-2.97M	6.88M	5.79M	-11.97M	1.31M	-7.42M	12.35M	12.43M	18.86M
Net Income Ratio	86.58%	101.53%	86.19%	123.38%	88.55%	133.81%	88.94%	87.65%	110.29%	57.40%	115.68%	92.39%	92.84%	94.48%
EPS	0.43	-1.41	0.53	-0.45	0.68	-0.34	0.79	0.66	-1.35	0.15	-0.79	1.34	1.37	2.09
EPS Diluted	0.43	-1.41	0.53	-0.44	0.68	-0.34	0.79	0.66	-1.32	0.15	-0.79	1.34	1.37	2.09
Weighted Avg Shares Out	11.63M	11.00M	8.86M	8.73M	8.72M	8.72M	8.70M	8.74M	8.84M	8.72M	9.39M	9.23M	9.04M	9.04M
Weighted Avg Shares Out (Dil)	11.63M	11.00M	9.07M	8.86M	8.78M	8.74M	8.70M	8.77M	9.07M	8.72M	9.39M	9.23M	9.04M	9.04M

abrdn U.S. Closed-End Funds Announce Distribution Payment Details

August 15, 2023accesswire.com

Please note that no performance numbers or rates have changed from the August 9th press release. This update is simply to include some additional language around the Funds that default to paying in stock, unless otherwise elected.

abrdn U.S. Closed-End Funds Announce Distribution Payment Details

July 12, 2023accesswire.com

PHILADELPHIA, PA / ACCESSWIRE / July 12, 2023 / The following abrdn U.S. Closed-End Funds announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on July 31,...

FCO And BWG: A Swap Opportunity Presents Itself

July 10, 2023seekingalpha.com

The abrdn Global Income Fund is showing signs of an unsustainable high distribution rate and a high premium, which could lead to poor results. The BrandywineGLOBAL - Global Income Opportunities Fund offers a more sustainable alternative for global fixed-income investments,...

FCO: 50% Downside Is Possible In A Conservative Scenario

July 5, 2023seekingalpha.com

Distributions at over 20% of NAV? No Problem. At least that is the current mantra, offset by more and more issuance of units to gullible shareholders. FCO has returned less than 0.5% on NAV over the last decade and the...

Weekly Closed-End Fund Roundup: February 19, 2023

March 1, 2023seekingalpha.com

0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results.

FCO: Clearly Unsustainable Yield

February 17, 2023seekingalpha.com

FCO invests in global fixed-income securities to generate a high yield. The fund pays an attractive 14.7% forward distribution yield.

FCO: Global Fixed Income Fund, 18% Yield

November 24, 2022seekingalpha.com

FCO is a closed end fund from the Aberdeen family. The fund tends to invest in dollar debt from sovereign issuers and corporates.

FCO: Losses Proceed On Schedule

August 16, 2022seekingalpha.com

FCO was one of the easiest setups to identify as a strong sell. Yield chasing exercise had been taken to real extremes in this case.

Certain abrdn U.S. Closed-end Funds Announce Name Changes

June 10, 2022accesswire.com

PHILADELPHIA, PA / ACCESSWIRE / June 10, 2022 / The following abrdn U.S. Closed-End Funds (collectively, the "Funds") announced today that the Funds' respective boards have approved a name change for each of the Funds, to be effective June 30,...