Innovex Downhole Solutions
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. Innovex Downhole Solutions's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $424,060,000. The net income raised on $604,000 and profit margin reached 0%. Total operating expenses were $114,021,000.

Profit Margin

Innovex Downhole Solutions Inc (NYSE:INVX): Profit margin
2014 930.95M 208.71M 22.42%
2015 844.31M 192.00M 22.74%
2017 455.46M -100.63M -22.1%
2020 364.97M -30.76M -8.43%
2023 424.06M 604K 0.14%

INVX Income Statement (2014 – 2023)

2023 2020 2017 2015 2014
Revenue
Revenue
424.06M364.97M455.46M844.31M930.95M
Cost of revenue
308.64M269.88M305.39M459.28M513.52M
Gross profit
115.41M95.08M150.07M385.02M417.43M
Operating exp.
Research and development
12.64M18.92M42.16M48.14M45.92M
Selling and marketing
00000
Total operating expenses
114.02M113.79M158.41M140.08M143.18M
Operating income
1.39M-18.70M-8.33M244.93M274.24M
Other income (expenses), net
12.07M-43.34M-57.30M4.83M5.13M
Income before tax
13.46M-62.04M-65.64M249.77M279.38M
Income tax expense
12.86M-31.28M34.99M57.76M70.66M
Net income
604K-30.76M-100.63M192.00M208.71M
Earnings per share
Basic EPS
0.01-0.87-2.6955.22
Diluted EPS
0.01-0.87-2.694.985.19