NVE
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. NVE's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 22% to $29,804,179. Profit margin reached 57%. Total operating expenses were $4,512,781.
Profit Margin
| 2015 | 30.58M | 14.36M | 46.98% |
|---|---|---|---|
| 2016 | 27.71M | 12.29M | 44.35% |
| 2017 | 28.32M | 12.94M | 45.71% |
| 2018 | 29.86M | 13.91M | 46.59% |
| 2019 | 26.47M | 14.50M | 54.8% |
| 2020 | 25.41M | 14.52M | 57.16% |
| 2021 | 21.36M | 11.69M | 54.73% |
| 2022 | 26.98M | 14.50M | 53.76% |
| 2023 | 38.25M | 22.69M | 59.33% |
| 2024 | 29.80M | 17.12M | 57.46% |
NVEC Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 29.80M | 38.25M | 26.98M | 21.36M | 25.41M | 26.47M | 29.86M | 28.32M | 27.71M | 30.58M |
Cost of revenue | 6.77M | 8.06M | 6.26M | 4.12M | 4.88M | 5.21M | 6.27M | 6.07M | 6.61M | 6.01M |
Gross profit | 23.03M | 30.19M | 20.72M | 17.24M | 20.52M | 21.25M | 23.58M | 22.24M | 21.10M | 24.56M |
Operating exp. | ||||||||||
Research and development | 2.73M | 2.58M | 2.92M | 3.18M | 3.69M | 4.10M | 3.70M | 3.34M | 3.06M | 3.00M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 4.51M | 4.54M | 4.39M | 4.50M | 5.00M | 5.33M | 5.13M | 4.80M | 4.81M | 5.31M |
Operating income | 18.51M | 25.64M | 16.32M | 12.74M | 15.51M | 15.92M | 18.45M | 17.44M | 16.28M | 19.25M |
Other income (expenses), net | 1.94M | 1.44M | 1.17M | 1.49M | 1.78M | 1.78M | 1.55M | 1.65M | 1.89M | 2.18M |
Income before tax | 20.46M | 27.09M | 17.49M | 14.24M | 17.30M | 17.70M | 20.00M | 19.09M | 18.17M | 21.43M |
Income tax expense | 3.34M | 4.39M | 2.99M | 2.54M | 2.77M | 3.20M | 6.09M | 6.14M | 5.88M | 7.07M |
Net income | 17.12M | 22.69M | 14.50M | 11.69M | 14.52M | 14.50M | 13.91M | 12.94M | 12.29M | 14.36M |
Earnings per share | ||||||||||
Basic EPS | 3.54 | 4.7 | 3 | 2.42 | 3 | 3 | 2.87 | 2.68 | 2.53 | 2.96 |
Diluted EPS | 3.54 | 4.7 | 3 | 2.42 | 3 | 2.99 | 2.87 | 2.68 | 2.53 | 2.95 |
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