Magyar Bancorp
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. Magyar Bancorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $31,497,000. The net income raised on $7,783,000 and profit margin reached 25%. Total operating expenses were $1,196,000.
Profit Margin
| 2015 | 18.23M | 897K | 4.92% |
|---|---|---|---|
| 2016 | 19.06M | 1.09M | 5.72% |
| 2017 | 20.20M | 1.42M | 7.04% |
| 2018 | 21.82M | 2.03M | 9.3% |
| 2019 | 22.52M | 2.99M | 13.3% |
| 2020 | 23.13M | 2.19M | 9.47% |
| 2021 | 28.99M | 6.12M | 21.11% |
| 2022 | 231K | 7.91M | 3428.14% |
| 2023 | 30.41M | 7.70M | 25.35% |
| 2024 | 31.49M | 7.78M | 24.71% |
MGYR Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 31.49M | 30.41M | 231K | 28.99M | 23.13M | 22.52M | 21.82M | 20.20M | 19.06M | 18.23M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 322K | 269K | 220K | 276K |
Gross profit | 31.49M | 30.41M | 231K | 28.99M | 23.13M | 22.52M | 21.5M | 19.93M | 18.84M | 17.95M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 402K | 366K | 447K | 226K | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.19M | -19.67M | 2.57M | -20.27M | -20.01M | -18.26M | -13.35M | -13.74M | -13.55M | -13.44M |
Operating income | 81K | 10.74M | 13.84M | 8.72M | 3.11M | 4.26M | 8.15M | 6.19M | 5.28M | 4.50M |
Other income (expenses), net | 11.01M | -2.48M | -2.67M | 8.72M | -2.73M | 4.26M | -4.64M | -2.79M | -3.53M | -2.85M |
Income before tax | 11.1M | 10.74M | 11.16M | 8.72M | 3.11M | 4.26M | 3.50M | 2.41M | 1.75M | 1.31M |
Income tax expense | 3.31M | 3.03M | 3.25M | 2.60M | 921K | 1.26M | 1.47M | 994K | 664K | 413K |
Net income | 7.78M | 7.70M | 7.91M | 6.12M | 2.19M | 2.99M | 2.03M | 1.42M | 1.09M | 897K |
Earnings per share | ||||||||||
Basic EPS | 1.23 | 1.2 | 1.17 | 1.01 | 0.31 | 0.42 | 0.35 | 0.24 | 0.19 | 0.15 |
Diluted EPS | 1.23 | 1.2 | 1.17 | 1.01 | 0.31 | 0.42 | 0.35 | 0.24 | 0.19 | 0.15 |
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