MIND C.T.I. Ltd
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. MIND C.T.I. Ltd's past years’ income statements indicate that its last revenue has increased compared to the previous period by 0% to $21,612,000. Profit margin reached 24%. Total operating expenses were $6,117,000.
Profit Margin
| 2014 | 25.02M | 5.48M | 21.91% |
|---|---|---|---|
| 2015 | 20.92M | 5.01M | 23.98% |
| 2016 | 18.05M | 4.20M | 23.28% |
| 2017 | 18.06M | 5.61M | 31.07% |
| 2018 | 18.13M | 5.13M | 28.31% |
| 2019 | 22.66M | 5.06M | 22.35% |
| 2020 | 23.37M | 5.38M | 23.03% |
| 2021 | 26.33M | 5.94M | 22.59% |
| 2022 | 21.55M | 5.28M | 24.53% |
| 2023 | 21.61M | 5.16M | 23.91% |
MNDO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 21.61M | 21.55M | 26.33M | 23.37M | 22.66M | 18.13M | 18.06M | 18.05M | 20.92M | 25.02M |
Cost of revenue | 10.74M | 10.04M | 12.45M | 11.15M | 10.12M | 6.14M | 7.03M | 6.83M | 8.63M | 9.95M |
Gross profit | 10.86M | 11.50M | 13.88M | 12.22M | 12.53M | 11.98M | 11.02M | 11.22M | 12.29M | 15.07M |
Operating exp. | ||||||||||
Research and development | 3.53M | 3.49M | 4.04M | 3.96M | 4.18M | 3.74M | 3.41M | 3.51M | 2.94M | 4.53M |
Selling and marketing | 1.16M | 965K | 1.40M | 973K | 1.22M | 1.26M | 1.25M | 1.10M | 1.17M | 1.14M |
Total operating expenses | 6.11M | 5.98M | 7.05M | 6.75M | 7.49M | 6.63M | 6.34M | 6.01M | 5.88M | 7.61M |
Operating income | 4.74M | 5.52M | 6.82M | 5.46M | 5.04M | 5.35M | 4.68M | 5.20M | 6.41M | 7.45M |
Other income (expenses), net | 777K | 93K | 55K | 379K | 483K | -79K | 1.52M | 13K | -114K | -306K |
Income before tax | 5.52M | 5.61M | 6.88M | 5.84M | 5.52M | 5.57M | 6.20M | 5.37M | 6.30M | 7.15M |
Income tax expense | 359K | 330K | 936K | 459K | 458K | 438K | 597K | 1.16M | 1.28M | 1.66M |
Net income | 5.16M | 5.28M | 5.94M | 5.38M | 5.06M | 5.13M | 5.61M | 4.20M | 5.01M | 5.48M |
Earnings per share | ||||||||||
Basic EPS | 0.26 | 0.26 | 0.3 | 0.27 | 0.26 | 0.27 | 0.29 | 0.22 | 0.26 | 0.29 |
Diluted EPS | 0.25 | 0.26 | 0.29 | 0.27 | 0.25 | 0.26 | 0.29 | 0.22 | 0.26 | 0.29 |
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