FONAR
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. FONAR's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $102,884,089. The net income raised on $10,567,396 and profit margin reached 10%. Total operating expenses were $28,604,681.
Profit Margin
| 2015 | 69.05M | 12.91M | 18.7% |
|---|---|---|---|
| 2016 | 73.36M | 15.72M | 21.43% |
| 2017 | 78.03M | 19.62M | 25.14% |
| 2018 | 81.51M | 21.23M | 26.04% |
| 2019 | 87.19M | 20.51M | 23.53% |
| 2020 | 85.69M | 11.70M | 13.66% |
| 2021 | 89.92M | 13.67M | 15.2% |
| 2022 | 97.59M | 17.23M | 17.66% |
| 2023 | 98.64M | 9.37M | 9.5% |
| 2024 | 102.88M | 10.56M | 10.27% |
FONR Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 102.88M | 98.64M | 97.59M | 89.92M | 85.69M | 87.19M | 81.51M | 78.03M | 73.36M | 69.05M |
Cost of revenue | 57.74M | 52.89M | 50.57M | 46.45M | 43.29M | 43.98M | 41.95M | 38.05M | 38.87M | 38.40M |
Gross profit | 45.14M | 45.74M | 47.01M | 43.47M | 42.39M | 43.20M | 39.56M | 39.98M | 34.49M | 30.64M |
Operating exp. | ||||||||||
Research and development | 1.73M | 1.56M | 1.49M | 1.63M | 2.02M | 1.81M | 1.75M | 1.48M | 1.63M | 1.81M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 28.60M | 30.95M | 25.00M | 26.37M | 28.74M | 21.07M | 19.88M | 20.88M | 20.14M | 17.74M |
Operating income | 16.53M | 14.78M | 22.00M | 17.09M | 8.80M | 22.13M | 19.68M | 19.09M | 14.35M | 12.89M |
Other income (expenses), net | 2.73M | 969.32K | 761.69K | 567.71K | 498.59K | 385.00K | 258.29K | 220.28K | 414.82K | -82.01K |
Income before tax | 19.26M | 15.75M | 22.76M | 17.66M | 14.14M | 22.51M | 19.78M | 19.31M | 14.50M | 12.81M |
Income tax expense | 5.16M | 3.63M | 5.53M | 3.99M | 2.44M | 2.00M | -5.66M | -4.36M | -4.28M | -2.61M |
Net income | 10.56M | 9.37M | 17.23M | 13.67M | 11.70M | 20.51M | 21.23M | 19.62M | 15.72M | 12.91M |
Earnings per share | ||||||||||
Basic EPS | 1.59 | 1.35 | 2.59 | 2.07 | 1.79 | 3.18 | 3.38 | 2.98 | 2.43 | 2 |
Diluted EPS | 1.56 | 1.32 | 2.54 | 2.03 | 1.75 | 3.11 | 3.31 | 2.92 | 2.38 | 1.95 |
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