Art's-Way Manufacturing Co.
Income Statement
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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. Art's-Way Manufacturing Co.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $30,280,957. The net income raised on $266,969 and profit margin reached 1%. Total operating expenses were $7,052,641.
Profit Margin
| 2014 | 36.16M | 935.24K | 2.59% |
|---|---|---|---|
| 2015 | 27.93M | -557.84K | -2% |
| 2016 | 21.55M | -426.18K | -1.98% |
| 2017 | 20.71M | -1.36M | -6.61% |
| 2018 | 19.72M | -3.33M | -16.91% |
| 2019 | 22.88M | -1.41M | -6.2% |
| 2020 | 22.40M | -2.10M | -9.39% |
| 2021 | 24.96M | 212.63K | 0.85% |
| 2022 | 28.39M | 97.79K | 0.34% |
| 2023 | 30.28M | 266.96K | 0.88% |
ARTW Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 30.28M | 28.39M | 24.96M | 22.40M | 22.88M | 19.72M | 20.71M | 21.55M | 27.93M | 36.16M |
Cost of revenue | 21.69M | 21.09M | 18.36M | 20.00M | 18.96M | 16.21M | 16.63M | 16.23M | 20.95M | 27.44M |
Gross profit | 8.58M | 7.30M | 6.59M | 2.39M | 3.92M | 3.51M | 4.08M | 5.31M | 6.98M | 8.72M |
Operating exp. | ||||||||||
Research and development | 598.06K | 580.53K | 505.08K | 476.72K | 479.34K | 640.43K | 501.18K | 429.91K | 500.82K | 482.05K |
Selling and marketing | 2.13M | 2.16M | 2.01M | 1.62M | 1.60M | 1.93M | 1.88M | 1.83M | 2.14M | 2.37M |
Total operating expenses | 7.05M | 6.97M | 6.07M | 6.30M | 5.42M | 6.01M | 5.73M | 5.70M | 7.38M | 7.05M |
Operating income | 1.53M | 570.87K | 523.40K | -3.90M | -1.49M | -2.50M | -1.65M | -229.34K | -535.60K | 1.66M |
Other income (expenses), net | -442.49K | -453.87K | -256.51K | 949.67K | -271.93K | -1.34M | -71.11K | -293.43K | -433.68K | -362.33K |
Income before tax | 1.08M | 117K | 266.89K | -2.95M | -1.76M | -3.84M | -1.79M | -522.78K | -865.06K | 1.30M |
Income tax expense | 325.95K | 19.20K | 54.25K | -856.47K | -349.23K | -510.41K | -423.79K | -96.60K | -307.22K | 367.25K |
Net income | 266.96K | 97.79K | 212.63K | -2.10M | -1.41M | -3.33M | -1.36M | -426.18K | -557.84K | 935.24K |
Earnings per share | ||||||||||
Basic EPS | 0.05 | 0.02 | 0.04 | -0.48 | -0.33 | -0.8 | -0.33 | -0.1 | -0.14 | 0.23 |
Diluted EPS | 0.05 | 0.02 | 0.04 | -0.48 | -0.33 | -0.79 | -0.33 | -0.1 | -0.14 | 0.23 |
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