Electronic Systems Technology
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. Electronic Systems Technology's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 19% to $1,544,821. Profit margin reached -10%. Total operating expenses were $979,648.

Profit Margin

Electronic Systems Technology, Inc. (OTC:ELST): Profit margin
2014 1.86M -101.79K -5.45%
2015 1.55M -238.37K -15.37%
2016 1.48M -140.69K -9.44%
2017 1.42M -447.85K -31.43%
2018 1.39M -116.09K -8.32%
2019 1.40M -168.75K -11.98%
2020 1.22M -191.98K -15.67%
2021 1.51M 375.85K 24.86%
2022 1.91M 146.53K 7.67%
2023 1.54M -160.78K -10.41%

ELST Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
1.54M1.91M1.51M1.22M1.40M1.39M1.42M1.48M1.55M1.86M
Cost of revenue
749.10K881.40K744.24K608.65K664.26K675.59K643.41K677.16K734.03K850.62K
Gross profit
795.71K1.02M767.78K616.71K744.28K719.43K781.71K812.72K816.55K1.01M
Operating exp.
Research and development
121.89K163.18K212.39K200.02K210.67K179.41K252.41K273.5K277.12K286.37K
Selling and marketing
27.89K23.99K18.47K14.58K6.73K32.22K9.83K9.55K12.17K16.09K
Total operating expenses
979.64K950.33K957.65K839.17K957.43K853.62K1.23M1.47M1.15M1.53M
Operating income
-183.93K78.31K-189.87K-222.45K-213.15K-134.19K-215.17K-228.31K-338.08K-164.42K
Other income (expenses), net
23.15K68.21K282.86K19.73K22.19K18.09K11.41K436.20K11.23K10.51K
Income before tax
-160.78K146.53K92.98K-202.71K-190.95K-116.09K-203.76K-216.39K-326.84K-153.91K
Income tax expense
0146.53K-282.86K-10.73K-22.19K36.19K244.09K-75.7K-88.47K-52.12K
Net income
-160.78K146.53K375.85K-191.98K-168.75K-116.09K-447.85K-140.69K-238.37K-101.79K
Earnings per share
Basic EPS
-0.030.020.07-0.03-0.03-0.02-0.08-0.02-0.04-0.01
Diluted EPS
-0.030.020.07-0.03-0.03-0.02-0.08-0.02-0.04-0.01
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