First United
Income Statement
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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 United's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $69,719,000. Profit margin reached 22%. Total operating expenses were $43,315,000.
Profit Margin
| 2014 | 49.69M | 5.59M | 11.26% |
|---|---|---|---|
| 2015 | 46.54M | 10.87M | 23.37% |
| 2016 | 52.30M | 7.28M | 13.92% |
| 2017 | 53.86M | 5.26M | 9.78% |
| 2018 | 59.42M | 10.66M | 17.95% |
| 2019 | 63.17M | 13.12M | 20.78% |
| 2020 | 67.12M | 13.84M | 20.62% |
| 2021 | 73.66M | 19.77M | 26.84% |
| 2022 | 75.68M | 25.04M | 33.1% |
| 2023 | 69.71M | 15.06M | 21.6% |
FUNC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 69.71M | 75.68M | 73.66M | 67.12M | 63.17M | 59.42M | 53.86M | 52.30M | 46.54M | 49.69M |
Cost of revenue | 38.57M | 33.83M | 32.69M | 32.69M | 35.00M | 33.31M | 30.01M | 28.79M | 30.74M | 29.42M |
Gross profit | 31.14M | 41.84M | 40.96M | 34.42M | 28.16M | 26.10M | 23.84M | 23.50M | 15.79M | 20.26M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 762K | 543K | 535K | 573K | 418K | 530K | 536K | 0 | 0 | 0 |
Total operating expenses | 43.31M | 543K | -47.35M | -48.76M | -46.68M | 26.18M | 23.68M | 22.15M | 23.41M | 22.01M |
Operating income | 14.46M | 34.32M | 26.30M | 18.35M | 16.48M | 21.54M | 14.28M | 14.65M | 22.48M | 14.11M |
Other income (expenses), net | 5.00M | -1.14M | 5.59M | -789K | -22K | 13.43M | -5.29M | 10.06M | -3.02M | -9.39M |
Income before tax | 19.47M | 33.18M | 26.30M | 18.35M | 16.46M | 13.43M | 12.21M | 10.06M | 15.94M | 6.86M |
Income tax expense | 4.41M | 8.13M | 6.53M | 4.09M | 3.35M | 2.76M | 6.94M | 2.78M | 5.06M | 1.27M |
Net income | 15.06M | 25.04M | 19.77M | 13.84M | 13.12M | 10.66M | 5.26M | 7.28M | 10.87M | 5.59M |
Earnings per share | ||||||||||
Basic EPS | 2.25 | 3.77 | 2.95 | 1.98 | 1.85 | 1.51 | 0.58 | 0.84 | 1.65 | 0.48 |
Diluted EPS | 2.25 | 3.76 | 2.94 | 1.97 | 1.85 | 1.51 | 0.58 | 0.84 | 1.65 | 0.48 |
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