LightPath 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. LightPath Technologies's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $31,726,192. Profit margin reached -25%. Total operating expenses were $16,457,910.
Profit Margin
| 2015 | 13.66M | -715.28K | -5.24% |
|---|---|---|---|
| 2016 | 17.27M | 1.41M | 8.19% |
| 2017 | 28.36M | 7.70M | 27.15% |
| 2018 | 32.52M | 1.06M | 3.26% |
| 2019 | 33.74M | -2.68M | -7.94% |
| 2020 | 34.96M | 866.92K | 2.48% |
| 2021 | 38.46M | -3.18M | -8.28% |
| 2022 | 35.55M | -3.54M | -9.96% |
| 2023 | 32.93M | -4.04M | -12.29% |
| 2024 | 31.72M | -8.00M | -25.24% |
LPTH Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 31.72M | 32.93M | 35.55M | 38.46M | 34.96M | 33.74M | 32.52M | 28.36M | 17.27M | 13.66M |
Cost of revenue | 23.09M | 21.85M | 23.74M | 25.01M | 21.12M | 21.23M | 19.99M | 13.64M | 7.96M | 7.68M |
Gross profit | 8.63M | 11.07M | 11.81M | 13.44M | 13.84M | 12.51M | 12.52M | 14.71M | 9.30M | 5.97M |
Operating exp. | ||||||||||
Research and development | 2.40M | 2.14M | 2.08M | 2.16M | 1.71M | 2.01M | 1.61M | 1.23M | 668.84K | 1.10M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 16.45M | 14.70M | 14.43M | 15.28M | 11.80M | 13.73M | 12.15M | 10.58M | 7.25M | 6.24M |
Operating income | -7.82M | -3.55M | -2.44M | -2.02M | 2.14M | -1.60M | 373.56K | 4.13M | 2.00M | -260.96K |
Other income (expenses), net | -113.19K | -258.29K | -238.71K | -224.30K | -514.28K | -620.06K | 46.66K | -775.32K | -402.93K | -456.62K |
Income before tax | -7.93M | -3.81M | -2.67M | -2.25M | 1.63M | -2.22M | 233.02K | 3.36M | 1.61M | -715.28K |
Income tax expense | 67.49K | 234.03K | 862.90K | 933.91K | 763.99K | 455.20K | -827.07K | -4.34M | 199.27K | 452.83K |
Net income | -8.00M | -4.04M | -3.54M | -3.18M | 866.92K | -2.68M | 1.06M | 7.70M | 1.41M | -715.28K |
Earnings per share | ||||||||||
Basic EPS | -0.21 | -0.13 | -0.13 | -0.12 | 0.03 | -0.1 | 0.04 | 0.39 | 0.09 | -0.05 |
Diluted EPS | -0.21 | -0.13 | -0.13 | -0.12 | 0.03 | -0.1 | 0.03 | 0.36 | 0.08 | -0.04 |
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