Avidbank Holdings
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. Avidbank Holdings's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 23% to $67,865,000. Profit margin reached 25%. Total operating expenses were $34,875,000.
Profit Margin
| 2014 | 17.94M | 2.74M | 15.29% |
|---|---|---|---|
| 2015 | 23.86M | 3.68M | 15.42% |
| 2016 | 26.00M | 7.26M | 27.92% |
| 2017 | 32.41M | 5.65M | 17.44% |
| 2018 | 40.58M | 11.12M | 27.4% |
| 2019 | 47.45M | 12.85M | 27.09% |
| 2020 | 53.53M | 9.62M | 17.98% |
| 2021 | 60.19M | 12.26M | 20.37% |
| 2022 | 87.70M | 25.02M | 28.53% |
| 2023 | 67.86M | 16.80M | 24.76% |
AVBH Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 67.86M | 87.70M | 60.19M | 53.53M | 47.45M | 40.58M | 32.41M | 26.00M | 23.86M | 17.94M |
Cost of revenue | -54.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 122.33M | 87.70M | 60.19M | 53.53M | 47.45M | 40.58M | 32.41M | 26.00M | 23.86M | 17.94M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 349K | 373K | 326K | 335K | 445K | 526K | 324K | 390K | 254K | 164.36K |
Total operating expenses | 34.87M | 8.03M | 6.28M | 5.81M | -29.59M | -20.42M | -18.75M | -13.14M | -16.87M | 13.36M |
Operating income | 32.99M | 34.44M | 17.15M | 12.70M | 17.85M | 20.16M | 13.65M | 12.86M | 6.99M | 4.54M |
Other income (expenses), net | -9.01M | 34.44M | 17.15M | 0 | 17.85M | -4.71M | -3.80M | -1.98M | -2.95M | -2.58M |
Income before tax | 23.97M | 34.44M | 17.15M | 12.70M | 17.85M | 15.44M | 10.83M | 10.87M | 5.87M | 4.54M |
Income tax expense | 7.17M | 9.42M | 4.89M | 3.08M | 5M | 4.32M | 5.17M | 3.61M | 2.19M | 1.79M |
Net income | 16.80M | 25.02M | 12.26M | 9.62M | 12.85M | 11.12M | 5.65M | 7.26M | 3.68M | 2.74M |
Earnings per share | ||||||||||
Basic EPS | 2.29 | 3.68 | 2.08 | 1.64 | 2.22 | 1.93 | 1.1 | 1.61 | 0.83 | 0.63 |
Diluted EPS | 2.24 | 3.6 | 2.02 | 1.61 | 2.17 | 1.9 | 1.08 | 1.56 | 0.81 | 0.62 |