First Niles Financial
Income Statement

Last updated: 7 Sep 2025

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. First Niles Financial's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 17% to $6,921,000. The net income raised on $808,000 and profit margin reached 12%. Total operating expenses were $4,382,000.

Profit Margin

Quarters Years

First Niles Financial, Inc. (OTC:FNFI): Profit margin
2014	2.22M	225K	10.12%
2015	2.08M	212K	10.15%
2016	2.68M	24K	0.89%
2017	2.90M	379K	13.06%
2018	3.22M	219K	6.79%
2019	3.64M	425K	11.66%
2020	3.69M	302K	8.18%
2021	6.78M	586K	8.63%
2022	8.35M	252K	3.02%
2023	6.92M	808K	11.67%

FNFI Income Statement (2014 – 2023)

Quarters Years

	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue
Revenue	6.92M	8.35M	6.78M	3.69M	3.64M	3.22M	2.90M	2.68M	2.08M	2.22M
Cost of revenue	-3.39M	0	0	0	0	0	0	0	0	0
Gross profit	10.31M	8.35M	6.78M	3.69M	3.64M	3.22M	2.90M	2.68M	2.08M	2.22M

Operating exp.
Research and development	0	0	0	0	0	0	0	0	0	0
Selling and marketing	4.28M	5.30M	3.77M	1.13M	1.01M	1.06K	0	0	0	0
Total operating expenses	4.38M	1.22M	977K	670K	1.87M	1.93K	1.48M	1.89K	-1.91M	-2.07M

Operating income	2.41M	474K	749K	401K	574K	286	558K	-133	175K	147K
Other income (expenses), net	-1.41M	438K	718K	-737K	481K	174K	-630.99K	-133K	-1.96M	-1.91M
Income before tax	1.00M	438K	718K	356K	481K	174K	558K	-133K	175K	147K
Income tax expense	194K	186K	132K	54K	56K	-45K	179K	-157K	-37K	-78K
Net income	808K	252K	586K	302K	425K	219K	379K	24K	212K	225K

Earnings per share
Basic EPS	0.6	0.19	0.49	0.27	0.38	0.2	0.34	0.02	0.19	0.2
Diluted EPS	0.61	0.19	0.49	0.27	0.38	0.2	0.34	0.02	0.19	0.2

First Niles Financial Income Statement

Profit Margin

FNFI Income Statement (2014 – 2023)

First Niles Financial
Income Statement