Iowa First Bancshares Corp.
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. Iowa First Bancshares Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 2% to $18,580,000. Profit margin reached 12%. Total operating expenses were -$12,585,000.

Profit Margin

Iowa First Bancshares Corp. (OTC:IOFB): Profit margin
2017 19.01M 2.39M 12.61%
2018 18.58M 2.31M 12.44%

IOFB Income Statement (2017 – 2018)

2018 2017
Revenue
Revenue
18.58M19.01M
Cost of revenue
00
Gross profit
18.58M19.01M
Operating exp.
Research and development
00
Selling and marketing
191K246K
Total operating expenses
-12.58M-12.63M
Operating income
5.99M6.37M
Other income (expenses), net
-3.01M-2.22M
Income before tax
2.98M4.15M
Income tax expense
674K1.75M
Net income
2.31M2.39M
Earnings per share
Basic EPS
2.042.12
Diluted EPS
2.042.12