Omega Flex
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. Omega Flex's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 11% to $111,465,000. Profit margin reached 19%. Total operating expenses were $42,566,000.
Profit Margin
| 2014 | 85.21M | 13.46M | 15.8% |
|---|---|---|---|
| 2015 | 93.27M | 15.78M | 16.93% |
| 2016 | 94.05M | 14.37M | 15.29% |
| 2017 | 101.79M | 15.66M | 15.39% |
| 2018 | 108.31M | 20.13M | 18.59% |
| 2019 | 111.36M | 17.28M | 15.52% |
| 2020 | 105.79M | 19.91M | 18.82% |
| 2021 | 130.01M | 26.19M | 20.15% |
| 2022 | 125.48M | 23.62M | 18.82% |
| 2023 | 111.46M | 20.76M | 18.63% |
OFLX Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 111.46M | 125.48M | 130.01M | 105.79M | 111.36M | 108.31M | 101.79M | 94.05M | 93.27M | 85.21M |
Cost of revenue | 43.1M | 47.18M | 48.48M | 39.24M | 40.87M | 42.21M | 40.03M | 36.16M | 36.13M | 35.19M |
Gross profit | 68.36M | 78.30M | 81.53M | 66.55M | 70.48M | 66.09M | 61.76M | 57.88M | 57.14M | 50.02M |
Operating exp. | ||||||||||
Research and development | 3.86M | 4.73M | 4.61M | 4.2M | 4.71M | 4.81M | 3.29M | 3.18M | 2.68M | 2.92M |
Selling and marketing | 20.99M | 21.93M | 20.42M | 16.58M | 19.03M | 17.11M | 16.35M | 15.69M | 15.25M | 14.10M |
Total operating expenses | 42.56M | 47.28M | 46.46M | 39.89M | 48.56M | 39.73M | 37.54M | 35.98M | 33.64M | 29.38M |
Operating income | 25.79M | 31.01M | 35.06M | 26.65M | 21.92M | 26.36M | 24.21M | 21.89M | 23.50M | 20.64M |
Other income (expenses), net | 1.74M | -37K | 56K | -92K | 932K | -126K | 79K | -474K | 61K | -46K |
Income before tax | 27.54M | 30.97M | 35.11M | 26.56M | 22.85M | 26.72M | 24.29M | 21.52M | 23.56M | 20.59M |
Income tax expense | 6.82M | 7.32M | 8.86M | 6.59M | 5.42M | 6.45M | 8.45M | 6.97M | 7.60M | 6.99M |
Net income | 20.76M | 23.62M | 26.19M | 19.91M | 17.28M | 20.13M | 15.66M | 14.37M | 15.78M | 13.46M |
Earnings per share | ||||||||||
Basic EPS | 2.06 | 2.34 | 2.6 | 1.97 | 1.71 | 2 | 1.55 | 1.42 | 1.56 | 1.33 |
Diluted EPS | 2.06 | 2.34 | 2.6 | 1.97 | 1.71 | 2 | 1.55 | 1.42 | 1.56 | 1.33 |
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