Artesian Resources
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. Artesian Resources's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 0% to $98,861,000. Profit margin reached 17%. Total operating expenses were $25,782,000.

Profit Margin

Artesian Resources Corporation (NASDAQ:ARTNA): Profit margin
2014 72.46M 9.50M 13.12%
2015 77.02M 11.30M 14.68%
2016 79.08M 12.95M 16.38%
2017 82.23M 13.98M 17%
2018 80.41M 14.27M 17.76%
2019 83.59M 14.92M 17.85%
2020 88.14M 16.81M 19.08%
2021 90.85M 16.82M 18.52%
2022 98.89M 17.99M 18.2%
2023 98.86M 16.69M 16.89%

ARTNA Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
98.86M98.89M90.85M88.14M83.59M80.41M82.23M79.08M77.02M72.46M
Cost of revenue
50.63M50.62M45.35M43.61M42.50M41.20M41.05M38.26M38.45M37.08M
Gross profit
48.22M48.27M45.50M44.52M41.09M39.20M41.18M40.82M38.57M35.37M
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
25.78M18.49M17.47M16.54M15.98M15.25M14.28M13.67M13.20M12.95M
Operating income
22.44M23.90M22.29M22.29M19.92M18.95M19.6M18.81M17.58M16.04M
Other income (expenses), net
601K-30K270K206K181K1.57M1.67M779K1.50M-165K
Income before tax
23.04M23.87M22.56M22.50M20.10M19.26M21.27M21.28M19.08M15.88M
Income tax expense
6.34M5.87M5.73M5.68M5.18M4.99M7.29M8.33M7.78M6.37M
Net income
16.69M17.99M16.82M16.81M14.92M14.27M13.98M12.95M11.30M9.50M
Earnings per share
Basic EPS
1.671.91.791.81.611.551.521.421.261.07
Diluted EPS
1.671.91.791.81.61.541.511.411.261.07
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