AKITA Drilling Ltd.
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. AKITA Drilling Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 12% to $225,479,000. The net income raised on $18,415,000 and profit margin reached 8%. Total operating expenses were $16,120,000.

Profit Margin

AKITA Drilling Ltd. (TSX:AKT-A.TO): Profit margin
2014 165.27M 21.07M 12.75%
2015 112.48M -33.96M -30.19%
2016 61.06M 5.32M 8.73%
2017 71.19M -39.17M -55.03%
2018 118.36M -15.93M -13.47%
2019 175.89M -19.87M -11.3%
2020 119.66M -93.27M -77.95%
2021 110.08M -20.99M -19.07%
2022 200.99M 4.28M 2.13%
2023 225.47M 18.41M 8.17%

AKT-A.TO Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
225.47M200.99M110.08M119.66M175.89M118.36M71.19M61.06M112.48M165.27M
Cost of revenue
195.53M182.14M118.67M124.53M158.35M113.18M89.28M48.12M110.77M142.79M
Gross profit
29.94M18.84M-8.58M-4.87M17.53M5.17M-18.08M12.93M1.70M22.48M
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
16.12M14.54M12.21M12.68M36.23M22.61M13.65M12.50M15.12M18.13M
Operating income
13.82M10.27M-18.25M-16.90M-17.15M-10.16M-31.74M431K-55.38M4.34M
Other income (expenses), net
4.72M-6.73M-3.52M-85.14M-7.52M7.18M-21.48M6.30M-31.12M23.77M
Income before tax
18.54M3.53M-21.78M-102.70M-24.67M-12.28M-53.23M7.53M-44.54M28.12M
Income tax expense
130K-749K-792K-9.42M-4.80M3.65M-14.05M2.20M-10.57M7.04M
Net income
18.41M4.28M-20.99M-93.27M-19.87M-15.93M-39.17M5.32M-33.96M21.07M
Earnings per share
Basic EPS
0.460.11-0.53-2.35-0.5-0.65-2.180.3-1.891.17
Diluted EPS
0.460.11-0.53-2.35-0.5-0.65-2.180.3-1.891.17
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