Mechanical Technology, Incorporated
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. Mechanical Technology, Incorporated's past years’ income statements indicate that its last revenue has increased compared to the previous period by 46% to $9,599,000. The net income raised on $1,946,000 and profit margin reached 20%. Total operating expenses were $5,075,000.

Profit Margin

Mechanical Technology, Incorporated (OTC:MKTY): Profit margin
2012 5.9M -2.08M -35.36%
2013 8.35M 3.65M 43.75%
2014 8.78M 740K 8.43%
2015 6.33M -2.83M -44.74%
2016 7.05M -359K -5.09%
2017 7.06M 582K 8.24%
2019 6.57M 323K 4.92%
2020 9.59M 1.94M 20.27%

MKTY Income Statement (2012 – 2020)

2020 2019 2017 2016 2015 2014 2013 2012
Revenue
Revenue
9.59M6.57M7.06M7.05M6.33M8.78M8.35M5.9M
Cost of revenue
3.07M2.20M2.23M2.72M2.47M3.28M3.25M2.96M
Gross profit
6.52M4.36M4.82M4.33M3.85M5.49M5.09M2.93M
Operating exp.
Research and development
1.49M1.38M1.14M1.24M1.54M1.34M1.32M1.36M
Selling and marketing
00000000
Total operating expenses
5.07M4.10M4.23M4.69M5.32M4.93M4.73M5.17M
Operating income
1.45M259K588K-361K-1.47M565K361K-2.24M
Other income (expenses), net
104K36K0-7K-2K135K3.25M161K
Income before tax
1.55M295K588K-368K-1.47M700K3.61M-2.08M
Income tax expense
-392K-28K6K-9K1.36M-40K35K6K
Net income
1.94M323K582K-359K-2.83M740K3.65M-2.08M
Earnings per share
Basic EPS
0.20.030.06-0.05-0.540.140.7-0.4
Diluted EPS
0.20.030.06-0.05-0.540.140.69-0.4
Data sourceData sourceData sourceData sourceData sourceData sourceData source