Karat Packaging
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. Karat Packaging's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $405,651,000. The net income raised on $32,470,000 and profit margin reached 8%. Total operating expenses were $110,967,000.
Profit Margin
| 2017 | 140.05M | 4.54M | 3.25% |
|---|---|---|---|
| 2018 | 175.43M | 21K | 0.01% |
| 2019 | 224.91M | 1.72M | 0.77% |
| 2020 | 295.51M | 17.51M | 5.93% |
| 2021 | 364.24M | 20.77M | 5.7% |
| 2022 | 422.95M | 23.64M | 5.59% |
| 2023 | 405.65M | 32.47M | 8% |
KRT Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 405.65M | 422.95M | 364.24M | 295.51M | 224.91M | 175.43M | 140.05M |
Cost of revenue | 252.60M | 290.87M | 256.41M | 206.39M | 163.89M | 131.97M | 98.75M |
Gross profit | 153.04M | 132.08M | 107.82M | 89.12M | 61.01M | 43.45M | 41.30M |
Operating exp. | |||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 41.49M | 35.84M | 32.26M | 22.18M | 16.47M | 9.32M | 6.50M |
Total operating expenses | 110.96M | 102.07M | 84.68M | 61.42M | 55.18M | 41.32M | 35.29M |
Operating income | 42.07M | 30.01M | 23.14M | 27.69M | 5.83M | 2.13M | 6.00M |
Other income (expenses), net | 908K | 2.49M | 4.38M | -5.77M | -2.89M | 870K | -1.36M |
Income before tax | 42.98M | 32.51M | 27.52M | 21.92M | 2.94M | 1.54M | 4.64M |
Income tax expense | 9.80M | 6.67M | 5.08M | 5.25M | 781K | 1.67M | 96K |
Net income | 32.47M | 23.64M | 20.77M | 17.51M | 1.72M | 21K | 4.54M |
Earnings per share | |||||||
Basic EPS | 1.63 | 1.19 | 1.05 | 1.15 | 0.11 | 0.00 | 0.21 |
Diluted EPS | 1.63 | 1.19 | 1.05 | 1.13 | 0.11 | 0.00 | 0.21 |
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