Lakeland Industries
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. Lakeland Industries's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $124,688,000. The net income raised on $5,425,000 and profit margin reached 4%. Total operating expenses were $45,199,000.
Profit Margin
| 2015 | 99.73M | 8.39M | 8.42% |
|---|---|---|---|
| 2016 | 99.64M | 3.85M | 3.87% |
| 2017 | 86.18M | 3.89M | 4.52% |
| 2018 | 95.98M | 440K | 0.46% |
| 2019 | 99.01M | 1.45M | 1.47% |
| 2020 | 107.80M | 3.28M | 3.04% |
| 2021 | 159M | 35.33M | 22.22% |
| 2022 | 118.38M | 11.37M | 9.61% |
| 2023 | 112.84M | 1.87M | 1.66% |
| 2024 | 124.68M | 5.42M | 4.35% |
LAKE Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 124.68M | 112.84M | 118.38M | 159M | 107.80M | 99.01M | 95.98M | 86.18M | 99.64M | 99.73M |
Cost of revenue | 73.49M | 66.99M | 67.47M | 79.75M | 69.91M | 65.10M | 59.78M | 54.54M | 63.31M | 66.02M |
Gross profit | 51.19M | 45.84M | 50.91M | 79.25M | 37.89M | 33.90M | 36.20M | 31.63M | 36.33M | 33.71M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 200K | 200K | 182K | 280K | 463K | 165K | 90K |
Selling and marketing | 4M | 3.7M | 3.4M | 4.6M | 4.3M | 3.5M | 2.64M | 2.34M | 2.82M | 13.45M |
Total operating expenses | 45.19M | 40.30M | 34.86M | 35.39M | 32.02M | 30.34M | 27.72M | 24.79M | 24.52M | 28.75M |
Operating income | 6.49M | 4.00M | 16.04M | 43.85M | 5.87M | 3.56M | 8.47M | 6.84M | 11.81M | 4.95M |
Other income (expenses), net | 2.86M | -70K | 106K | 27K | -123K | 41K | 29K | -574K | -120K | -4.06M |
Income before tax | 9.35M | 5.47M | 16.15M | 43.88M | 5.75M | 3.48M | 8.34M | 6.27M | 10.90M | 61.34K |
Income tax expense | 3.93M | 3.59M | 4.78M | 8.77M | 2.47M | 2.02M | 7.90M | 2.38M | 3.11M | -8.33M |
Net income | 5.42M | 1.87M | 11.37M | 35.33M | 3.28M | 1.45M | 440K | 3.89M | 3.85M | 8.39M |
Earnings per share | ||||||||||
Basic EPS | 0.74 | 0.25 | 1.44 | 4.43 | 0.41 | 0.18 | 0.06 | 0.54 | 0.54 | 1.35 |
Diluted EPS | 0.72 | 0.24 | 1.41 | 4.34 | 0.41 | 0.18 | 0.06 | 0.53 | 0.53 | 1.33 |
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