Micropac Industries
Income Statement

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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. Micropac Industries's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $30,639,000. Profit margin reached 2%. Total operating expenses were $10,329,000.

Profit Margin

Micropac Industries, Inc. (OTC:MPAD): Profit margin
2014 19.11M 1.02M 5.36%
2015 20.03M 1.49M 7.46%
2016 17.59M 235K 1.34%
2017 19.72M 1.40M 7.13%
2018 20.96M 1.44M 6.87%
2019 25.45M 3.71M 14.59%
2020 22.27M 1.47M 6.61%
2021 27.29M 3.05M 11.2%
2022 27.78M 2.78M 10.03%
2023 30.63M 632K 2.06%

MPAD Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
30.63M27.78M27.29M22.27M25.45M20.96M19.72M17.59M20.03M19.11M
Cost of revenue
19.75M15.47M15.21M13.67M13.75M13.00M12.17M12.02M12.16M11.74M
Gross profit
10.88M12.31M12.08M8.59M11.69M7.96M7.54M5.57M7.86M7.37M
Operating exp.
Research and development
2.22M2.19M1.73M1.43M1.70M1.27M1.70M1.15M1.70M1.85M
Selling and marketing
0000000000
Total operating expenses
10.32M9.92M8.19M6.97M7.38M6.65M5.94M5.28M5.73M5.89M
Operating income
556K2.38M3.88M1.62M4.31M1.31M1.6M289K2.13M1.47M
Other income (expenses), net
270K1.11M-152K65K122K44K77K58K51K37K
Income before tax
826K3.49M3.73M1.69M4.43M1.42M1.67M345K2.18M1.51M
Income tax expense
194K712K676K218K726K-19K271K110K690K490K
Net income
632K2.78M3.05M1.47M3.71M1.44M1.40M235K1.49M1.02M
Earnings per share
Basic EPS
0.251.081.190.571.440.560.550.090.580.4
Diluted EPS
0.241.081.190.571.440.560.550.090.580.4
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