Meridian
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. Meridian's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 16% to $94,092,000. Profit margin reached 14%. Total operating expenses were $66,676,000.

Profit Margin

Meridian Corporation (NASDAQ:MRBK): Profit margin
2014 44.25M 4.30M 9.73%
2015 53.90M 6.18M 11.48%
2016 61.94M 4.92M 7.95%
2017 61.61M 3.03M 4.92%
2018 62.36M 8.16M 13.09%
2019 66.85M 10.48M 15.68%
2020 134.09M 26.43M 19.72%
2021 151.09M 35.58M 23.55%
2022 111.85M 21.82M 19.52%
2023 94.09M 13.24M 14.07%

MRBK Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
94.09M111.85M151.09M134.09M66.85M62.36M61.61M61.94M53.90M44.25M
Cost of revenue
0000000000
Gross profit
94.09M111.85M151.09M134.09M66.85M62.36M61.61M61.94M53.90M44.25M
Operating exp.
Research and development
0000000000
Selling and marketing
3.73M4.33M3.71M2.85M2.47M2.35M2.24M1.72M1.47M1.87M
Total operating expenses
66.67M7.97M-104.79M-99.55M-53.34M-40.47M-49.04M-49.23M-39.87M37.67M
Operating income
27.41M45.43M46.30M34.53M13.51M21.89M12.56M12.71M14.02M6.57M
Other income (expenses), net
-10.44M-17.51M46.30M-7.21M13.51M-11.40M-7.32M-5.19M33.66M-7.75M
Income before tax
16.96M27.91M46.30M34.53M13.51M10.49M5.78M7.52M9.43M6.57M
Income tax expense
3.72M6.09M10.71M8.09M3.03M2.32M2.75M2.59M3.24M2.27M
Net income
13.24M21.82M35.58M26.43M10.48M8.16M3.03M4.92M6.18M4.30M
Earnings per share
Basic EPS
1.191.852.92.150.820.640.250.81.080
Diluted EPS
1.161.792.872.140.810.640.250.81.080
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