Duos Technologies Group
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. Duos Technologies Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 50% to $7,471,198. Profit margin reached -150%. Total operating expenses were $12,755,447.

Profit Margin

Duos Technologies Group, Inc. (NASDAQ:DUOT): Profit margin
2014 401.31K -735.22K -183.21%
2015 6.76M -2.32M -34.37%
2016 6.10M -2.56M -41.96%
2017 3.88M -5.15M -132.64%
2018 12.04M -1.58M -13.12%
2019 13.64M -2.54M -18.66%
2020 8.03M -6.93M -86.26%
2021 8.25M -6.97M -84.4%
2022 15.01M -6.85M -45.66%
2023 7.47M -11.24M -150.47%

DUOT Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
7.47M15.01M8.25M8.03M13.64M12.04M3.88M6.10M6.76M401.31K
Cost of revenue
6.16M10.26M10.81M5.25M7.15M6.84M2.29M2.73M3.19M168.29K
Gross profit
1.30M4.74M-2.55M2.78M6.48M5.20M1.59M3.37M3.57M233.01K
Operating exp.
Research and development
1.81M1.65M251.56K1.02M431.42K488.69K310.09K271.95K216.80K191.66K
Selling and marketing
1.49M1.33M1.23M717.80K421.53K289.14K179.31K278.26K254.08K283.44K
Total operating expenses
12.75M11.61M4.89M9.42M8.88M6.77M5.03M5.11M4.22M662.80K
Operating income
-11.44M-6.86M-7.45M-6.63M-2.40M-1.56M-3.44M-1.74M-2.22M-429.79K
Other income (expenses), net
204.84K3661.44M-113.00K-64.36K6.19K-1.70M-256.33K-98.64K-305.43K
Income before tax
-11.24M-6.86M-6.00M-6.74M-2.47M-1.58M-5.15M-2.56M-2.32M-735.22K
Income tax expense
0-9.55K962.75K187.26K74.28K6.19K4.51M568.94K744.34K141.20K
Net income
-11.24M-6.85M-6.97M-6.93M-2.54M-1.58M-5.15M-2.56M-2.32M-735.22K
Earnings per share
Basic EPS
-1.56-1.11-1.89-2.09-1.43-1.06-20-19.04-1.33-0.45
Diluted EPS
-1.56-1.11-1.89-2.09-1.43-1.06-20-19.04-1.33-0.45
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