Magnet Forensics
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. Magnet Forensics's past years’ income statements indicate that its last revenue has increased compared to the previous period by 41% to $98,934,000. Profit margin reached 4%. Total operating expenses were $86,926,000.

Profit Margin

Magnet Forensics Inc. (TSX:MAGT.TO): Profit margin
2018 26.79M -898K -3.35%
2019 38.65M 973K 2.52%
2020 51.22M 10.60M 20.7%
2021 70.28M 7.34M 10.44%
2022 98.93M 3.66M 3.7%

MAGT.TO Income Statement (2018 – 2022)

2022 2021 2020 2019 2018
Revenue
Revenue
98.93M70.28M51.22M38.65M26.79M
Cost of revenue
6.46M4.59M2.61M2.13M1.42M
Gross profit
92.46M65.69M48.61M36.51M25.36M
Operating exp.
Research and development
32.28M19.57M13.78M13.59M9.60M
Selling and marketing
37.85M22.68M15.67M16.89M13.02M
Total operating expenses
86.92M54.13M35.58M34.79M26.44M
Operating income
5.95M11.55M13.03M1.72M-1.08M
Other income (expenses), net
-45K-489K-485K-393K-32K
Income before tax
5.91M11.06M12.54M1.33M-1.11M
Income tax expense
2.24M3.72M1.94M359K-215K
Net income
3.66M7.34M10.60M973K-898K
Earnings per share
Basic EPS
0.090.190.260.02-0.02
Diluted EPS
0.090.180.260.02-0.02
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