The LGL Group
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. The LGL Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $1,728,000. The net income raised on $269,000 and profit margin reached 16%. Total operating expenses were $2,537,000.
Profit Margin
| 2014 | 23.01M | -2.82M | -12.28% |
|---|---|---|---|
| 2015 | 20.71M | -711K | -3.43% |
| 2016 | 20.89M | 148K | 0.71% |
| 2017 | 22.40M | 117K | 0.52% |
| 2018 | 24.87M | 1.40M | 5.65% |
| 2019 | 31.89M | 7.01M | 22% |
| 2020 | 31.16M | 968K | 3.11% |
| 2021 | 28.14M | 14.63M | 52.02% |
| 2022 | 1.65M | -4.87M | -294.68% |
| 2023 | 1.72M | 269K | 15.57% |
LGL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.72M | 1.65M | 28.14M | 31.16M | 31.89M | 24.87M | 22.40M | 20.89M | 20.71M | 23.01M |
Cost of revenue | 796K | 837K | 18.06M | 20.23M | 19.38M | 15.21M | 14.66M | 13.85M | 13.86M | 16.68M |
Gross profit | 932K | 818K | 10.07M | 10.92M | 12.51M | 9.65M | 7.74M | 7.03M | 6.85M | 6.32M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 2.21M | 2.14M | 2.00M | 1.94M | 1.82M | 1.90M | 1.96M | 2.16M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 24K | 18K | 50K | 146K | 92K |
Total operating expenses | 2.53M | 2.86M | 10.85M | 9.51M | 9.07M | 8.22M | 7.46M | 7.19M | 7.63M | 8.69M |
Operating income | 345K | 2.48M | 58.67M | 887K | 3.43M | 1.43M | 276K | -161K | -788K | -2.82M |
Other income (expenses), net | 301K | -8.88M | -39.92M | -111K | 470K | 632K | -57K | 144K | 85K | -465K |
Income before tax | 646K | -6.40M | 18.75M | 1.30M | 3.90M | 1.57M | 219K | -17K | -703K | -2.82M |
Income tax expense | 301K | -1.52M | 4.11M | 336K | -3.10M | 165K | 102K | -165K | 8K | -4K |
Net income | 269K | -4.87M | 14.63M | 968K | 7.01M | 1.40M | 117K | 148K | -711K | -2.82M |
Earnings per share | ||||||||||
Basic EPS | 0.05 | -0.91 | 2.77 | 0.19 | 1.44 | 0.3 | 0.04 | 0.06 | -0.27 | -1.09 |
Diluted EPS | 0.05 | -0.91 | 2.74 | 0.19 | 1.41 | 0.29 | 0.04 | 0.06 | -0.27 | -1.09 |
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