Maris-Tech Ltd.
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. Maris-Tech Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 61% to $4,031,103. The net income raised on -$2,709,596 and profit margin reached -67%. Total operating expenses were $4,856,998.
Profit Margin
| 2019 | 893.03K | -635.54K | -71.17% |
|---|---|---|---|
| 2020 | 987.88K | -889.73K | -90.06% |
| 2021 | 2.07M | -1.07M | -51.81% |
| 2022 | 2.50M | -3.69M | -147.42% |
| 2023 | 4.03M | -2.70M | -67.22% |
MTEK Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 4.03M | 2.50M | 2.07M | 987.88K | 893.03K |
Cost of revenue | 2.10M | 1.72M | 1.10M | 500.69K | 502.51K |
Gross profit | 1.92M | 782.79K | 969.30K | 487.18K | 390.52K |
Operating exp. | |||||
Research and development | 1.05M | 1.02M | 706.02K | 781.41K | 750.76K |
Selling and marketing | 874.79K | 604.11K | 241.11K | 22.55K | 24.92K |
Total operating expenses | 4.85M | 4.46M | 1.54M | 878.13K | 851.46K |
Operating income | -2.92M | -3.68M | -572.90K | -390.95K | -460.94K |
Other income (expenses), net | 220.00K | -4.49K | -251.32K | -249.39K | -87.30K |
Income before tax | -2.70M | -3.68M | -824.22K | -640.34K | -548.24K |
Income tax expense | 0 | 4.49K | 251.32K | 249.39K | 87.29K |
Net income | -2.70M | -3.69M | -1.07M | -889.73K | -635.54K |
Earnings per share | |||||
Basic EPS | -0.34 | -0.46 | -0.35 | -0.12 | -0.08 |
Diluted EPS | -0.34 | -0.46 | -0.35 | -0.12 | -0.08 |
| Data source | Data source | Data source |