Ascent Industries
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Ascent Industries's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 53% to $193,179,000. Profit margin reached -18%. Total operating expenses were $26,313,000.
Profit Margin
| 2014 | 199.50M | 5.46M | 2.74% |
|---|---|---|---|
| 2015 | 175.46M | -10.26M | -5.85% |
| 2016 | 138.56M | -7.09M | -5.12% |
| 2017 | 201.14M | 1.34M | 0.67% |
| 2018 | 280.84M | 13.09M | 4.66% |
| 2019 | 305.16M | -3.03M | -0.99% |
| 2020 | 256M | -27.26M | -10.65% |
| 2021 | 334.71M | 20.24M | 6.05% |
| 2022 | 414.14M | 22.06M | 5.33% |
| 2023 | 193.17M | -34.15M | -17.68% |
ACNT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 193.17M | 414.14M | 334.71M | 256M | 305.16M | 280.84M | 201.14M | 138.56M | 175.46M | 199.50M |
Cost of revenue | 191.65M | 357.61M | 273.94M | 233.34M | 274.39M | 229.60M | 173.06M | 121.66M | 150.14M | 166.57M |
Gross profit | 1.52M | 56.53M | 60.76M | 22.65M | 30.77M | 51.23M | 28.08M | 16.90M | 25.31M | 32.92M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 500K | 600K | 548.46K | 556.18K | 603K | 548K | 531K |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 27.69M | 0 | 0 | 16.83M | 13.29M |
Total operating expenses | 26.31M | 34.95M | 30.31M | 31.82M | 32.62M | 27.35M | 24.54M | 25.04M | 22.05M | 16.58M |
Operating income | -25.18M | 20.38M | 27.34M | -9.17M | -11.00M | 21.23M | 2.74M | -8.24M | -13.15M | 16.34M |
Other income (expenses), net | -15.88M | -2.53M | -1.85M | -906K | 7.24M | -5.19M | -1.26M | -119.22K | -11.85M | 1.60M |
Income before tax | -41.07M | 17.85M | 25.49M | -31.97M | -3.76M | 16.47M | 1.47M | -9.19M | -8.47M | 18.00M |
Income tax expense | -6.92M | -4.21M | 5.25M | -4.70M | -727K | 3.37M | 137.13K | -2.19M | 1.79M | 5.38M |
Net income | -34.15M | 22.06M | 20.24M | -27.26M | -3.03M | 13.09M | 1.34M | -7.09M | -10.26M | 5.46M |
Earnings per share | ||||||||||
Basic EPS | -2.63 | 2.16 | 2.17 | -3 | -0.34 | 1.49 | 0.15 | -0.82 | -1.18 | 0.63 |
Diluted EPS | -2.63 | 2.12 | 2.14 | -3 | -0.34 | 1.48 | 0.15 | -0.82 | -1.18 | 0.63 |
| Data source | Data source | Data source |