GSE Systems
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. GSE Systems's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $45,041,000. The net income raised on -$8,724,000 and profit margin reached -19%. Total operating expenses were $18,748,000.
Profit Margin
| 2014 | 37.93M | -6.74M | -17.77% |
|---|---|---|---|
| 2015 | 56.80M | -4.70M | -8.28% |
| 2016 | 53.10M | 1.42M | 2.68% |
| 2017 | 70.88M | 5.38M | 7.6% |
| 2018 | 92.24M | -354K | -0.38% |
| 2019 | 82.97M | -4.91M | -5.92% |
| 2020 | 57.62M | -10.53M | -18.29% |
| 2021 | 55.18M | 10.60M | 19.22% |
| 2022 | 47.73M | -15.34M | -32.14% |
| 2023 | 45.04M | -8.72M | -19.37% |
GVP Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 45.04M | 47.73M | 55.18M | 57.62M | 82.97M | 92.24M | 70.88M | 53.10M | 56.80M | 37.93M |
Cost of revenue | 33.11M | 35.82M | 43.32M | 42.83M | 62.67M | 69.11M | 52.33M | 37.85M | 42.40M | 26.55M |
Gross profit | 11.93M | 11.91M | 11.85M | 14.78M | 20.29M | 23.13M | 18.54M | 15.24M | 14.39M | 11.37M |
Operating exp. | ||||||||||
Research and development | 572K | 611K | 626K | 686K | 710K | 899K | 1.39M | 1.38M | 3.1M | 3.45M |
Selling and marketing | 4.54M | 958K | 1.56M | 1.03M | 3.77M | 1.16M | 1.47M | 1.17M | 4.65M | 5.9M |
Total operating expenses | 18.74M | 18.81M | 17.03M | 18.72M | 19.28M | 20.49M | 17.53M | 13.17M | 15.20M | 18.30M |
Operating income | -6.81M | -6.90M | 11.71M | -3.93M | 9.09M | 1.36M | 229K | 1.57M | -4.13M | -6.92M |
Other income (expenses), net | -1.88M | -8.39M | -941K | -644K | -15.09M | -1.59M | 175K | -378K | -98K | 353K |
Income before tax | -8.70M | -15.29M | 10.77M | -10.18M | -5.99M | 777K | 404K | 1.77M | -4.23M | -6.57M |
Income tax expense | 22K | 51K | 163K | 355K | -1.08M | 1.13M | -4.98M | 350K | 471K | 166K |
Net income | -8.72M | -15.34M | 10.60M | -10.53M | -4.91M | -354K | 5.38M | 1.42M | -4.70M | -6.74M |
Earnings per share | ||||||||||
Basic EPS | -3.51 | -7.18 | 5.11 | -5.16 | -2.45 | -0.18 | 3.4 | 0.78 | -2.63 | -3.77 |
Diluted EPS | -3.51 | -7.18 | 5.11 | -5.16 | -2.45 | -0.18 | 3.3 | 0.78 | -2.63 | -3.77 |
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