Alerus Financial
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. Alerus Financial's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 20% to $166,166,000. Profit margin reached 7%. Total operating expenses were $166,166,000.
Profit Margin
| 2014 | 122.50M | 20.77M | 16.95% |
|---|---|---|---|
| 2015 | 136.73M | 16.50M | 12.07% |
| 2016 | 155.16M | 14.03M | 9.04% |
| 2017 | 159.70M | 15.44M | 9.67% |
| 2018 | 175.82M | 25.86M | 14.71% |
| 2019 | 185.89M | 29.54M | 15.89% |
| 2020 | 228.17M | 44.67M | 19.58% |
| 2021 | 230.23M | 52.68M | 22.88% |
| 2022 | 208.76M | 40.00M | 19.16% |
| 2023 | 166.16M | 11.69M | 7.04% |
ALRS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 166.16M | 208.76M | 230.23M | 228.17M | 185.89M | 175.82M | 159.70M | 155.16M | 136.73M | 122.50M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 166.16M | 208.76M | 230.23M | 228.17M | 185.89M | 175.82M | 159.70M | 155.16M | 136.73M | 122.50M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 3.02M | 3.25M | 3.18M | 3.13M | 3.16M | 3.45M | 3.27M | 3.23M | 3.90M | 2.74M |
Total operating expenses | 166.16M | -137.25M | -161.15M | -169.66M | -146.99M | -130.30M | -118.81M | -126.99M | -109.48M | -89.41M |
Operating income | 0 | 71.51M | 69.07M | 58.51M | 38.89M | 45.51M | 40.89M | 28.17M | 27.24M | 33.08M |
Other income (expenses), net | 15.85M | -19.33M | 69.07M | -34.9M | 38.89M | -12.47M | -31.00M | -7.00M | -32.08M | -27.86M |
Income before tax | 15.85M | 52.18M | 69.07M | 58.51M | 38.89M | 33.03M | 32.92M | 21.16M | 23.79M | 29.76M |
Income tax expense | 4.15M | 12.17M | 16.39M | 13.84M | 9.35M | 7.17M | 17.48M | 7.13M | 7.28M | 8.99M |
Net income | 11.69M | 40.00M | 52.68M | 44.67M | 29.54M | 25.86M | 15.44M | 14.03M | 16.50M | 20.77M |
Earnings per share | ||||||||||
Basic EPS | 0.59 | 2.12 | 3.02 | 2.57 | 1.96 | 1.88 | 1.1 | 1.04 | 1.26 | 1.48 |
Diluted EPS | 0.58 | 2.1 | 2.97 | 2.52 | 1.91 | 1.84 | 1.07 | 1 | 1.21 | 1.48 |
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