Lifeway Foods
Income Statement
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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. Lifeway Foods's past years’ income statements indicate that its last revenue has increased compared to the previous period by 13% to $160,123,000. The net income raised on $11,367,000 and profit margin reached 7%. Total operating expenses were $25,446,000.
Profit Margin
| 2014 | 118.95M | 2.84M | 2.39% |
|---|---|---|---|
| 2015 | 118.58M | 1.97M | 1.66% |
| 2016 | 123.87M | 3.47M | 2.81% |
| 2017 | 118.89M | -346K | -0.29% |
| 2018 | 103.35M | -3.08M | -2.99% |
| 2019 | 93.66M | 453K | 0.48% |
| 2020 | 102.02M | 3.23M | 3.17% |
| 2021 | 119.06M | 3.31M | 2.78% |
| 2022 | 141.56M | 924K | 0.65% |
| 2023 | 160.12M | 11.36M | 7.1% |
LWAY Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 160.12M | 141.56M | 119.06M | 102.02M | 93.66M | 103.35M | 118.89M | 123.87M | 118.58M | 118.95M |
Cost of revenue | 117.68M | 114.78M | 90.35M | 75.09M | 71.51M | 77.49M | 88.19M | 88.84M | 86.98M | 90.09M |
Gross profit | 42.44M | 26.78M | 28.71M | 26.93M | 22.14M | 25.85M | 30.69M | 35.03M | 31.60M | 28.86M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 11.77M | 11.30M | 11.09M | 10.19M | 11.06M | 13.47M | 16.59M | 14.46M | 12.75M | 14.55M |
Total operating expenses | 25.44M | 24.43M | 22.83M | 22.01M | 24.08M | 27.72M | 31.22M | 28.94M | 27.19M | 24.44M |
Operating income | 16.99M | 2.34M | 5.88M | 4.92M | -1.84M | -3.11M | -526K | 6.08M | 4.40M | 4.42M |
Other income (expenses), net | -346K | -508K | -264K | -95K | 3.08M | -1.17M | -278K | -228K | -411K | -37K |
Income before tax | 16.64M | 1.84M | 5.61M | 4.82M | 1.23M | -3.31M | -804K | 5.63M | 3.99M | 4.39M |
Income tax expense | 5.28M | 917K | 2.30M | 1.59M | 782K | -225K | -458K | 2.15M | 2.02M | 1.55M |
Net income | 11.36M | 924K | 3.31M | 3.23M | 453K | -3.08M | -346K | 3.47M | 1.97M | 2.84M |
Earnings per share | ||||||||||
Basic EPS | 0.78 | 0.06 | 0.21 | 0.21 | 0.02 | -0.19 | -0.02 | 0.22 | 0.12 | 0.17 |
Diluted EPS | 0.75 | 0.05 | 0.21 | 0.21 | 0.02 | -0.19 | -0.02 | 0.22 | 0.12 | 0.17 |
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