Merit 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. Merit Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 27% to $19,895,000. The net income raised on $194,000 and profit margin reached 1%. Total operating expenses were $7,504,000.
Profit Margin
| 2015 | 18.30M | -4.67M | -25.57% |
|---|---|---|---|
| 2016 | 19.62M | 1.08M | 5.54% |
| 2018 | 20.58M | 1.12M | 5.48% |
| 2019 | 21.30M | -5.52M | -25.96% |
| 2021 | 24.69M | -2.5M | -10.13% |
| 2022 | 27.39M | -1.57M | -5.74% |
| 2024 | 19.89M | 194K | 0.98% |
MRIT.L Income Statement (2014 – 2023)
| 2023 | 2021 | 2020 | 2018 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 19.89M | 27.39M | 24.69M | 21.30M | 20.58M | 19.62M | 18.30M |
Cost of revenue | 10.73M | 16.54M | 16.40M | 13.41M | 12.23M | 12.17M | 13.10M |
Gross profit | 9.16M | 10.85M | 8.28M | 7.88M | 8.34M | 7.44M | 5.19M |
Operating exp. | |||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 22K | 0 | 0 | 206K | 0 | 0 | 0 |
Total operating expenses | 7.50M | 12.49M | 10.35M | 9.31M | 6.62M | 5.97M | 8.15M |
Operating income | 1.66M | -1.35M | -2.06M | -5.77M | 1.29M | 1.14M | -4.91M |
Other income (expenses), net | -777K | -505K | -613K | -8.63M | 12K | -21K | -57K |
Income before tax | 884K | -1.86M | -2.88M | -5.72M | 1.31M | 1.12M | -4.97M |
Income tax expense | 336K | -292K | -389K | -197K | 182K | 36K | -292K |
Net income | 194K | -1.57M | -2.5M | -5.52M | 1.12M | 1.08M | -4.67M |
Earnings per share | |||||||
Basic EPS | 0.02 | -0.07 | -0.12 | -0.45 | 0.09 | 0.08 | -0.38 |
Diluted EPS | 0.02 | -0.07 | -0.12 | -0.45 | 0.09 | 0.08 | -0.38 |
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