Movado Group
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. Movado Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 11% to $672,601,000. Profit margin reached 7%. Total operating expenses were $315,689,000.
Profit Margin
| 2015 | 586.98M | 51.77M | 8.82% |
|---|---|---|---|
| 2016 | 594.92M | 45.09M | 7.58% |
| 2017 | 552.75M | 35.06M | 6.34% |
| 2018 | 567.95M | -15.22M | -2.68% |
| 2019 | 679.56M | 61.62M | 9.07% |
| 2020 | 700.96M | 42.69M | 6.09% |
| 2021 | 506.39M | -111.19M | -21.96% |
| 2022 | 732.39M | 91.59M | 12.51% |
| 2023 | 751.89M | 94.52M | 12.57% |
| 2024 | 672.60M | 46.71M | 6.94% |
MOV Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 672.60M | 751.89M | 732.39M | 506.39M | 700.96M | 679.56M | 567.95M | 552.75M | 594.92M | 586.98M |
Cost of revenue | 302.20M | 318.00M | 313.32M | 235.89M | 326.07M | 310.20M | 269.87M | 257.93M | 277.99M | 276.99M |
Gross profit | 370.39M | 433.89M | 419.06M | 270.49M | 374.88M | 369.35M | 298.07M | 294.81M | 316.93M | 309.98M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 129.1M | 126.2M | 119.1M | 85.5M | 135.3M | 108.2M | 73.1M | 75.7M | 77.6M | 74.9M |
Total operating expenses | 315.68M | 313.54M | 301.57M | 256.70M | 331.89M | 307.16M | 254.87M | 240.83M | 246.82M | 238.49M |
Operating income | 54.70M | 120.35M | 117.49M | 14.17M | 42.99M | 62.19M | 43.2M | 53.98M | 70.10M | 71.48M |
Other income (expenses), net | 5.49M | 1.55M | -158K | -156.56M | 14.51M | -464K | -1.05M | -2.52M | -982K | -323K |
Income before tax | 60.20M | 121.90M | 117.33M | -142.38M | 57.50M | 61.73M | 42.14M | 51.45M | 69.12M | 71.16M |
Income tax expense | 12.66M | 24.88M | 24.77M | -31.18M | 15.12M | 162K | 57.36M | 16.31M | 23.36M | 19.26M |
Net income | 46.71M | 94.52M | 91.59M | -111.19M | 42.69M | 61.62M | -15.22M | 35.06M | 45.09M | 51.77M |
Earnings per share | ||||||||||
Basic EPS | 2.1 | 4.2 | 3.95 | -4.78 | 1.85 | 2.68 | -0.66 | 1.51 | 1.9 | 2.02 |
Diluted EPS | 2.06 | 4.12 | 3.87 | -4.78 | 1.83 | 2.61 | -0.66 | 1.51 | 1.9 | 2.02 |
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