Farmland Partners
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. Farmland Partners's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $57,466,000. The net income raised on $30,913,000 and profit margin reached 54%. Total operating expenses were $12,553,000.
Profit Margin
| 2014 | 4.21M | -568.19K | -13.47% |
|---|---|---|---|
| 2015 | 13.75M | 1.22M | 8.92% |
| 2016 | 31.00M | 4.30M | 13.88% |
| 2017 | 46.21M | 7.91M | 17.12% |
| 2018 | 56.06M | 12.25M | 21.86% |
| 2019 | 53.56M | -5.96M | -11.13% |
| 2020 | 50.68M | -10.44M | -20.61% |
| 2021 | 51.73M | -6.04M | -11.69% |
| 2022 | 61.21M | 11.67M | 19.07% |
| 2023 | 57.46M | 30.91M | 53.79% |
FPI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 57.46M | 61.21M | 51.73M | 50.68M | 53.56M | 56.06M | 46.21M | 31.00M | 13.75M | 4.21M |
Cost of revenue | 13.41M | 14.15M | 8.85M | 10.73M | 8.82M | 7.83M | 5.89M | 2.37M | 1.10M | 248.64K |
Gross profit | 44.05M | 47.05M | 42.88M | 39.95M | 44.74M | 48.23M | 40.32M | 28.62M | 12.65M | 3.96M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 12.55M | 21.96M | 26.04M | 17.61M | 18.39M | 18.36M | 16.86M | 10.46M | 6.17M | 3.21M |
Operating income | 31.5M | 24.97M | 16.78M | 22.32M | 26.33M | 29.69M | 22.52M | 15.63M | 6.21M | 556.84K |
Other income (expenses), net | 15K | -12.78M | -6.55M | -14.79M | -11.48M | 2.96M | -13.37M | -2.18M | -4.51M | -1.22M |
Income before tax | 31.51M | 12.18M | 10.23M | 7.53M | 14.85M | 14.04M | 9.15M | 6.01M | 1.69M | -671.29K |
Income tax expense | -166K | 227K | 16.28M | 17.97M | 20.81M | 1.78M | 1.24M | 11K | 9.95K | -103.10K |
Net income | 30.91M | 11.67M | -6.04M | -10.44M | -5.96M | 12.25M | 7.91M | 4.30M | 1.22M | -568.19K |
Earnings per share | ||||||||||
Basic EPS | 0.55 | 0.16 | -0.17 | -0.36 | -0.2 | 0.38 | 0.03 | 0.09 | 0.08 | -0.13 |
Diluted EPS | 0.48 | 0.16 | -0.17 | -0.36 | -0.2 | 0.38 | 0.03 | 0.09 | 0.08 | -0.13 |
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