CTS
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. CTS's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $550,422,000. The net income raised on $60,532,000 and profit margin reached 11%. Total operating expenses were $108,734,000.
Profit Margin
| 2014 | 404.02M | 26.52M | 6.56% |
|---|---|---|---|
| 2015 | 382.31M | 6.95M | 1.82% |
| 2016 | 396.67M | 34.38M | 8.67% |
| 2017 | 422.99M | 14.44M | 3.42% |
| 2018 | 470.48M | 46.53M | 9.89% |
| 2019 | 468.99M | 36.14M | 7.71% |
| 2020 | 424.06M | 34.68M | 8.18% |
| 2021 | 512.92M | -41.86M | -8.16% |
| 2022 | 586.86M | 59.57M | 10.15% |
| 2023 | 550.42M | 60.53M | 11% |
CTS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 550.42M | 586.86M | 512.92M | 424.06M | 468.99M | 470.48M | 422.99M | 396.67M | 382.31M | 404.02M |
Cost of revenue | 359.56M | 376.33M | 328.30M | 285.00M | 311.42M | 305.51M | 282.56M | 256.25M | 255.20M | 274.05M |
Gross profit | 190.85M | 210.53M | 184.61M | 139.06M | 157.57M | 164.97M | 140.43M | 140.42M | 127.10M | 129.96M |
Operating exp. | ||||||||||
Research and development | 24.91M | 24.1M | 23.85M | 24.31M | 25.96M | 25.30M | 25.14M | 24.04M | 22.46M | 22.56M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 108.73M | 115.62M | 106.45M | 92.10M | 96.37M | 98.87M | 97.08M | 85.66M | 94.43M | 81.69M |
Operating income | 75.05M | 55.08M | 78.16M | 23.91M | 35.68M | 61.03M | 38.49M | 63.16M | 18.11M | 42.32M |
Other income (expenses), net | 102K | 25.64M | -139.04M | 350K | 14.58M | -7.73M | 1.75M | 4.87M | -5.85M | -2.97M |
Income before tax | 75.15M | 80.73M | -60.88M | 45.47M | 50.26M | 58.10M | 40.25M | 57.24M | 12.26M | 39.34M |
Income tax expense | 14.62M | 21.16M | -19.01M | 10.79M | 14.12M | 11.57M | 25.80M | 22.86M | 5.30M | 12.82M |
Net income | 60.53M | 59.57M | -41.86M | 34.68M | 36.14M | 46.53M | 14.44M | 34.38M | 6.95M | 26.52M |
Earnings per share | ||||||||||
Basic EPS | 1.93 | 1.86 | -1.3 | 1.07 | 1.11 | 1.41 | 0.44 | 1.05 | 0.21 | 0.79 |
Diluted EPS | 1.92 | 1.85 | -1.3 | 1.06 | 1.09 | 1.39 | 0.43 | 1.03 | 0.21 | 0.78 |
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