Marine Products
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. Marine Products's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $383,729,000. The net income raised on $41,695,000 and profit margin reached 11%. Total operating expenses were $41,177,000.
Profit Margin
| 2014 | 171.05M | 8.91M | 5.21% |
|---|---|---|---|
| 2015 | 207.06M | 14.30M | 6.91% |
| 2016 | 241.33M | 16.74M | 6.94% |
| 2017 | 267.31M | 19.3M | 7.22% |
| 2018 | 298.61M | 28.48M | 9.54% |
| 2019 | 292.13M | 28.23M | 9.67% |
| 2020 | 239.82M | 19.44M | 8.11% |
| 2021 | 298.01M | 29.02M | 9.74% |
| 2022 | 380.99M | 40.34M | 10.59% |
| 2023 | 383.72M | 41.69M | 10.87% |
MPX Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 383.72M | 380.99M | 298.01M | 239.82M | 292.13M | 298.61M | 267.31M | 241.33M | 207.06M | 171.05M |
Cost of revenue | 293.35M | 287.27M | 229.74M | 186.22M | 226.74M | 232.29M | 208.29M | 190.86M | 163.26M | 138.37M |
Gross profit | 90.37M | 93.71M | 68.27M | 53.60M | 65.39M | 66.32M | 59.02M | 50.46M | 43.8M | 32.67M |
Operating exp. | ||||||||||
Research and development | 757K | 437K | 776K | 751K | 730K | 822K | 960K | 858K | 663K | 743K |
Selling and marketing | 82.4K | 76.8K | 1.64M | 2.01M | 2.54M | 2.46M | 2.30M | 2.54M | 2.48M | 2.29M |
Total operating expenses | 41.17M | 41.92M | 31.88M | 29.24M | 31.25M | 30.93M | 29.26M | 27.41M | 23.24M | 20.66M |
Operating income | 49.20M | 51.79M | 36.39M | 24.36M | 34.13M | 35.38M | 29.75M | 23.05M | 20.55M | 12.00M |
Other income (expenses), net | 2.86M | 338K | 16K | 95K | 323K | 268K | 229K | 355K | 420K | 521K |
Income before tax | 52.06M | 52.13M | 36.40M | 24.45M | 34.45M | 35.65M | 29.98M | 23.40M | 20.97M | 12.52M |
Income tax expense | 10.36M | 11.78M | 7.38M | 5.01M | 6.21M | 7.16M | 10.68M | 6.66M | 6.66M | 3.61M |
Net income | 41.69M | 40.34M | 29.02M | 19.44M | 28.23M | 28.48M | 19.3M | 16.74M | 14.30M | 8.91M |
Earnings per share | ||||||||||
Basic EPS | 1.21 | 1.18 | 0.85 | 0.56 | 0.81 | 0.83 | 0.55 | 0.44 | 0.39 | 0.24 |
Diluted EPS | 1.21 | 1.18 | 0.85 | 0.56 | 0.81 | 0.83 | 0.55 | 0.44 | 0.39 | 0.24 |
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