Milestone Scientific
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. Milestone Scientific's past years’ income statements indicate that its last revenue has increased compared to the previous period by 12% to $9,827,444. The net income raised on -$6,929,104 and profit margin reached -71%. Total operating expenses were $13,837,174.
Profit Margin
| 2014 | 10.33M | -1.70M | -16.47% |
|---|---|---|---|
| 2015 | 9.49M | -5.46M | -57.6% |
| 2016 | 10.48M | -5.94M | -56.73% |
| 2017 | 11.28M | -5.18M | -45.97% |
| 2018 | 9.62M | -7.43M | -77.24% |
| 2019 | 8.37M | -7.66M | -91.49% |
| 2020 | 5.43M | -7.48M | -137.69% |
| 2021 | 10.30M | -7.11M | -69.09% |
| 2022 | 8.80M | -8.70M | -98.87% |
| 2023 | 9.82M | -6.92M | -70.51% |
MLSS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 9.82M | 8.80M | 10.30M | 5.43M | 8.37M | 9.62M | 11.28M | 10.48M | 9.49M | 10.33M |
Cost of revenue | 3.03M | 3.90M | 3.99M | 1.81M | 2.65M | 5.19M | 4.31M | 4.17M | 3.04M | 3.63M |
Gross profit | 6.79M | 4.90M | 6.31M | 3.62M | 5.71M | 4.43M | 6.96M | 6.30M | 6.44M | 6.70M |
Operating exp. | ||||||||||
Research and development | 701.37K | 1.15M | 878.21K | 307.85K | 189.92K | 245.63K | 272.74K | 1.27M | 100.85K | 88.24K |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 13.83M | 13.72M | 13.69M | 11.07M | 9.71M | 10.89M | 12.20M | 12.82M | 9.50M | 7.49M |
Operating income | -7.10M | -8.82M | -7.37M | -7.45M | -3.99M | -7.99M | -5.23M | -6.51M | -3.05M | -790.17K |
Other income (expenses), net | 125.52K | 54.60K | 259.82K | -18.08K | -3.64M | -1.54M | 4.36K | -5.08K | -1.50K | -907.81K |
Income before tax | -6.98M | -8.77M | -7.11M | -7.47M | -7.64M | -7.99M | -5.22M | -6.51M | -3.05M | -1.69M |
Income tax expense | 0 | -66.73K | 333 | 15.5K | 18.12K | 23.98K | 19.09K | -19.10K | 36.15K | 9.50K |
Net income | -6.92M | -8.70M | -7.11M | -7.48M | -7.66M | -7.43M | -5.18M | -5.94M | -5.46M | -1.70M |
Earnings per share | ||||||||||
Basic EPS | -0.09 | -0.12 | -0.1 | -0.12 | -0.17 | -0.21 | -0.16 | -0.22 | -0.26 | -0.08 |
Diluted EPS | -0.09 | -0.12 | -0.1 | -0.12 | -0.17 | -0.21 | -0.16 | -0.22 | -0.26 | -0.08 |
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