Inrad Optics
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. Inrad Optics's past years’ income statements indicate that its last revenue has increased compared to the previous period by 21% to $12,909,657. The net income raised on $2,668,422 and profit margin reached 21%. Total operating expenses were $3,111,773.
Profit Margin
| 2014 | 9.72M | -2.51M | -25.86% |
|---|---|---|---|
| 2015 | 10.49M | -478.93K | -4.56% |
| 2016 | 9.76M | -605.08K | -6.2% |
| 2017 | 9.85M | -682.53K | -6.92% |
| 2018 | 11.48M | 706.60K | 6.15% |
| 2019 | 10.00M | -929.59K | -9.29% |
| 2020 | 9.00M | -1.04M | -11.65% |
| 2021 | 11.35M | 1.74M | 15.41% |
| 2022 | 10.63M | -13.90K | -0.13% |
| 2023 | 12.90M | 2.66M | 20.67% |
INRD Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 12.90M | 10.63M | 11.35M | 9.00M | 10.00M | 11.48M | 9.85M | 9.76M | 10.49M | 9.72M |
Cost of revenue | 7.98M | 7.52M | 7.87M | 7.21M | 8.01M | 8.38M | 7.93M | 7.81M | 8.25M | 8.68M |
Gross profit | 4.92M | 3.10M | 3.47M | 1.78M | 1.99M | 3.10M | 1.92M | 1.95M | 2.23M | 1.04M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 16K | 25K | 19K | 18K | 45K | 25K | 11K | 7K | 6.4K | 9.9K |
Total operating expenses | 3.11M | 2.78M | 2.54M | 2.53M | 2.61M | 2.23M | 2.41M | 2.45M | 2.54M | 3.04M |
Operating income | 1.81M | 319.05K | 934.34K | -748.18K | -621.72K | 867.44K | -494.12K | -496.42K | -308.47K | -2.49M |
Other income (expenses), net | -145.32K | -166.48K | 814.54K | -150.37K | -154.37K | -2.28K | -188.40K | 58.97K | -170.45K | -519.65K |
Income before tax | 1.66M | 152.57K | 1.74M | -898.56K | -776.09K | 706.60K | -682.53K | -605.08K | -478.93K | -2.51M |
Income tax expense | -1M | 166.48K | 158.61K | 150.37K | 153.5K | -2.28K | 160.64K | 108.65K | 170.45K | 519.65K |
Net income | 2.66M | -13.90K | 1.74M | -1.04M | -929.59K | 706.60K | -682.53K | -605.08K | -478.93K | -2.51M |
Earnings per share | ||||||||||
Basic EPS | 0.19 | -0.00 | 0.13 | -0.07 | -0.06 | 0.05 | -0.05 | -0.04 | -0.04 | -0.21 |
Diluted EPS | 0.15 | -0.00 | 0.11 | -0.07 | -0.06 | 0.05 | -0.05 | -0.04 | -0.03 | -0.21 |
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