Northern Electric
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. Northern Electric's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $570,484,000. The net income raised on $134,620,000 and profit margin reached 24%. Total operating expenses were $276,880,000.
Profit Margin
| 2014 | 409.50M | 140.24M | 34.25% |
|---|---|---|---|
| 2015 | 386.38M | 144.77M | 37.47% |
| 2016 | 384.86M | 136.70M | 35.52% |
| 2017 | 403.44M | 111.43M | 27.62% |
| 2018 | 421.41M | 106.01M | 25.16% |
| 2019 | 447.61M | 113.82M | 25.43% |
| 2020 | 454.30M | 99.08M | 21.81% |
| 2021 | 493.74M | 77.72M | 15.74% |
| 2022 | 558.19M | 116.92M | 20.95% |
| 2023 | 570.48M | 134.62M | 23.6% |
NTEA.L Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 570.48M | 558.19M | 493.74M | 454.30M | 447.61M | 421.41M | 403.44M | 384.86M | 386.38M | 409.50M |
Cost of revenue | 78.42M | 243.76M | 193.06M | 177.46M | 174.78M | 157.25M | 144.16M | 130.80M | 118.64M | 63.42M |
Gross profit | 492.06M | 314.42M | 300.67M | 276.84M | 272.83M | 264.16M | 259.27M | 254.06M | 267.74M | 346.07M |
Operating exp. | ||||||||||
Research and development | 2.03M | 1.59M | 826K | 1.40M | 1.57M | 2.43M | 1.47M | 830K | 2.05M | 7.69M |
Selling and marketing | 146.22M | 145.51M | 134.16M | 128.45M | 124.57M | 0 | 107.93M | 0 | 0 | 93.43M |
Total operating expenses | 276.88M | 116.69M | 116.48M | 91.27M | 89.42M | 90.22M | 79.05M | 72.88M | 71.58M | 134.16M |
Operating income | 215.18M | 197.73M | 184.19M | 185.57M | 183.40M | 173.93M | 180.21M | 181.18M | 196.16M | 210.70M |
Other income (expenses), net | -35.67M | -46.63M | -38.64M | -46.18M | -43.04M | -43.05M | -39.97M | -38.58M | -34.10M | -32.45M |
Income before tax | 179.51M | 151.10M | 145.54M | 139.38M | 140.36M | 130.88M | 140.24M | 143.91M | 162.05M | 178.25M |
Income tax expense | 44.89M | 34.17M | 67.81M | 40.30M | 26.54M | 24.86M | 28.80M | 7.21M | 17.28M | 38.01M |
Net income | 134.62M | 116.92M | 77.72M | 99.08M | 113.82M | 106.01M | 111.43M | 136.70M | 144.77M | 140.24M |
Earnings per share | ||||||||||
Basic EPS | 1.05 | 0.92 | 0.61 | 0.78 | 0.89 | 0.83 | 0.87 | 1.07 | 1.13 | 1.1 |
Diluted EPS | 1.05 | 0.92 | 0.61 | 0.78 | 0.89 | 0.83 | 0.87 | 1.07 | 1.13 | 1.1 |
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