M-tron 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. M-tron Industries's past years’ income statements indicate that its last revenue has increased compared to the previous period by 29% to $41,168,000. The net income raised on $3,489,000 and profit margin reached 8%. Total operating expenses were $12,467,000.
Profit Margin
| 2020 | 29.98M | 2.31M | 7.7% |
|---|---|---|---|
| 2021 | 26.69M | 1.58M | 5.93% |
| 2022 | 31.84M | 1.79M | 5.65% |
| 2023 | 41.16M | 3.48M | 8.48% |
MPTI Income Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Revenue | ||||
Revenue | 41.16M | 31.84M | 26.69M | 29.98M |
Cost of revenue | 24.40M | 20.49M | 17.35M | 19.68M |
Gross profit | 16.76M | 11.34M | 9.33M | 10.29M |
Operating exp. | ||||
Research and development | 2.21M | 2.00M | 2.00M | 2.03M |
Selling and marketing | 0 | 0 | 0 | 0 |
Total operating expenses | 12.46M | 8.47M | 7.22M | 7.26M |
Operating income | 4.29M | 2.87M | 2.11M | 3.03M |
Other income (expenses), net | 101K | -280K | -1K | -137K |
Income before tax | 4.4M | 2.59M | 2.11M | 2.89M |
Income tax expense | 911K | 797K | 531K | 583K |
Net income | 3.48M | 1.79M | 1.58M | 2.31M |
Earnings per share | ||||
Basic EPS | 1.29 | 0.67 | 0.59 | 0.87 |
Diluted EPS | 1.28 | 0.67 | 0.59 | 0.87 |
| Data source | Data source |