Northway Financial
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. Northway Financial's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $37,522,000. The net income raised on $5,771,000 and profit margin reached 15%. Total operating expenses were $22,758,000.
Profit Margin
| 2014 | 38.54M | 7.58M | 19.68% |
|---|---|---|---|
| 2015 | 34.30M | 6.21M | 18.11% |
| 2016 | 33.48M | 4.01M | 11.99% |
| 2017 | 35.29M | 7.27M | 20.62% |
| 2018 | 31.27M | 2.93M | 9.39% |
| 2019 | 39.59M | 9.28M | 23.45% |
| 2020 | 38.19M | 5.24M | 13.73% |
| 2021 | 41.44M | 9.30M | 22.45% |
| 2022 | 36.56M | 2.67M | 7.32% |
| 2023 | 37.52M | 5.77M | 15.38% |
NWYF Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 37.52M | 36.56M | 41.44M | 38.19M | 39.59M | 31.27M | 35.29M | 33.48M | 34.30M | 38.54M |
Cost of revenue | -17.04M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 54.56M | 36.56M | 41.44M | 38.19M | 39.59M | 31.27M | 35.29M | 33.48M | 34.30M | 38.54M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 3.89M | 0 | 0 | 0 | 0 | 338K | 156K | 180K | 361K | 834K |
Total operating expenses | 22.75M | -29.51M | -30.1M | -32.14M | -28.42M | -23.57M | -22.53M | -23.92M | -19.55M | -22.43M |
Operating income | 15.16M | 7.05M | 11.34M | 6.04M | 11.17M | 7.70M | 12.76M | 9.55M | 14.75M | 16.11M |
Other income (expenses), net | -8.80M | -4.30M | 11.34M | -6.96M | 11.17M | -4.98M | -6.42M | -4.59M | -7.56M | -8.08M |
Income before tax | 6.36M | 2.74M | 11.34M | 6.04M | 11.17M | 2.72M | 9.72M | 4.96M | 8.96M | 10.27M |
Income tax expense | 594K | 69K | 2.04M | 803K | 1.89M | -218K | 2.44M | 946K | 2.48M | 2.42M |
Net income | 5.77M | 2.67M | 9.30M | 5.24M | 9.28M | 2.93M | 7.27M | 4.01M | 6.21M | 7.58M |
Earnings per share | ||||||||||
Basic EPS | 2.1 | 0.97 | 3.38 | 1.91 | 3.37 | 1.07 | 2.64 | 1.46 | 2.26 | 2.76 |
Diluted EPS | 2.1 | 0.97 | 3.38 | 1.91 | 3.37 | 1.07 | 2.64 | 1.46 | 2.26 | 2.76 |