Maxim Power Corp.
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. Maxim Power Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 73% to $38,466,000. The net income dropped to $28,295,000 and profit margin reached 74%. Total operating expenses were $6,706,000.

Profit Margin

Maxim Power Corp. (TSX:MXG.TO): Profit margin
2014 142.91M -9.11M -6.38%
2015 123.04M -77.41M -62.92%
2016 6.48M -53.8M -829.73%
2017 2.02M 18.47M 912.85%
2018 19.74M 4.37M 22.17%
2019 28.33M -5.85M -20.65%
2020 46.72M 9.26M 19.82%
2021 156.01M 78.50M 50.32%
2022 141.26M 42.27M 29.93%
2023 38.46M 28.29M 73.56%

MXG.TO Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
38.46M141.26M156.01M46.72M28.33M19.74M2.02M6.48M123.04M142.91M
Cost of revenue
48.40M90.74M78.07M40.54M29.08M21.81M11.44M32.28M111.11M124.58M
Gross profit
-9.94M50.51M77.94M6.18M-751K-2.07M-9.41M-25.79M11.93M18.33M
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
6.70M84.52M83.14M44.55M35.54M31.81M21.14M41.61M124.65M151.39M
Operating income
-16.64M58.96M103.50M8.19M-4.82M-12.59M-30.53M-28.20M-40.73M-8.80M
Other income (expenses), net
54.04M-6.36M-5.35M-5.4M171K-519K300K8.41M-7.00M-4.74M
Income before tax
37.40M52.59M98.14M2.79M-4.65M-10.86M-30.23M-27.34M-51.29M-13.54M
Income tax expense
9.10M10.31M19.63M-6.46M1.19M-15.24M487K2.52M26.01M-4.56M
Net income
28.29M42.27M78.50M9.26M-5.85M4.37M18.47M-53.8M-77.41M-9.11M
Earnings per share
Basic EPS
0.630.841.570.19-0.110.080.34-0.99-1.43-0.17
Diluted EPS
0.490.661.230.18-0.110.080.34-0.99-1.43-0.17
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