Lifeloc Technologies
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. Lifeloc Technologies's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $9,329,566. The net income raised on $205,614 and profit margin reached 2%. Total operating expenses were $4,230,805.
Profit Margin
| 2014 | 9.34M | 604.99K | 6.48% |
|---|---|---|---|
| 2015 | 8.82M | 282.25K | 3.2% |
| 2016 | 8.38M | 433.15K | 5.17% |
| 2017 | 7.99M | 14.60K | 0.18% |
| 2018 | 8.43M | 217.16K | 2.57% |
| 2019 | 8.75M | 625.82K | 7.15% |
| 2020 | 6.35M | -921.93K | -14.5% |
| 2021 | 7.05M | 675.96K | 9.58% |
| 2022 | 8.48M | -455.75K | -5.37% |
| 2023 | 9.32M | 205.61K | 2.2% |
LCTC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 9.32M | 8.48M | 7.05M | 6.35M | 8.75M | 8.43M | 7.99M | 8.38M | 8.82M | 9.34M |
Cost of revenue | 5.28M | 5.40M | 3.99M | 4.17M | 4.81M | 4.62M | 4.27M | 4.20M | 4.42M | 4.87M |
Gross profit | 4.03M | 3.07M | 3.06M | 2.18M | 3.93M | 3.80M | 3.71M | 4.17M | 4.40M | 4.46M |
Operating exp. | ||||||||||
Research and development | 1.83M | 1.38M | 1.21M | 1.00M | 1.03M | 1.12M | 1.07M | 1.03M | 1.22M | 1.00M |
Selling and marketing | 1.22M | 1.12M | 1.00M | 1.07M | 1.24M | 1.25M | 1.38M | 1.35M | 1.46M | 1.43M |
Total operating expenses | 4.23M | 3.72M | 3.32M | 3.33M | 3.45M | 3.53M | 3.58M | 3.54M | 3.95M | 3.67M |
Operating income | -191.13K | -529.65K | -268.91K | -1.15M | 481.21K | 270.62K | 132.64K | 634.97K | 442.20K | 794.51K |
Other income (expenses), net | 28.49K | -43.08K | 888.57K | -41.83K | 206.14K | -36.02K | -53.88K | 4.5K | -44.24K | 24.21K |
Income before tax | -162.63K | -572.73K | 619.66K | -1.19M | 687.36K | 234.59K | 78.75K | 586.78K | 397.95K | 818.73K |
Income tax expense | -368.25K | -116.98K | -56.30K | -275.40K | 61.53K | 17.43K | 64.15K | 153.63K | 115.70K | 213.73K |
Net income | 205.61K | -455.75K | 675.96K | -921.93K | 625.82K | 217.16K | 14.60K | 433.15K | 282.25K | 604.99K |
Earnings per share | ||||||||||
Basic EPS | 0.08 | -0.19 | 0.28 | -0.38 | 0.26 | 0.08 | 0.01 | 0.18 | 0.12 | 0.25 |
Diluted EPS | 0.08 | -0.19 | 0.27 | -0.38 | 0.26 | 0.08 | 0.01 | 0.17 | 0.11 | 0.24 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |