Orbit International 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. Orbit International Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $27,556,000. Profit margin reached -4%. Total operating expenses were $9,707,000.
Profit Margin
| 2014 | 19.16M | -2.00M | -10.44% |
|---|---|---|---|
| 2015 | 20.13M | 902K | 4.48% |
| 2016 | 20.72M | 1.39M | 6.72% |
| 2017 | 20.85M | 1.79M | 8.62% |
| 2018 | 24.65M | 2.22M | 9.02% |
| 2019 | 25.98M | 463K | 1.78% |
| 2020 | 25.92M | 641K | 2.47% |
| 2021 | 22.21M | 3.24M | 14.61% |
| 2022 | 26.07M | 481K | 1.84% |
| 2023 | 27.55M | -1.14M | -4.16% |
ORBT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 27.55M | 26.07M | 22.21M | 25.92M | 25.98M | 24.65M | 20.85M | 20.72M | 20.13M | 19.16M |
Cost of revenue | 18.83M | 17.26M | 14.03M | 18.83M | 18.64M | 16.51M | 12.71M | 13.09M | 12.46M | 12.54M |
Gross profit | 8.72M | 8.80M | 8.18M | 7.09M | 7.34M | 8.14M | 8.14M | 7.63M | 7.66M | 6.61M |
Operating exp. | ||||||||||
Research and development | 1.92M | 1.82M | 1.28M | 1.46M | 1.43M | 1.46M | 1.47M | 1.49M | 1.54M | 1.72M |
Selling and marketing | 27K | 40K | 8K | 26K | 42K | 66K | 54K | 98K | 90K | 93K |
Total operating expenses | 9.70M | 8.78M | 6.12M | 6.27M | 6.72M | 6.49M | 6.56M | 6.56M | 6.73M | 8.57M |
Operating income | -981K | 18K | 2.05M | 815K | 612K | 1.65M | 1.57M | 1.06M | 936K | -1.96M |
Other income (expenses), net | -94K | 499K | 1.24M | -153K | -106K | 37K | -5K | 3K | -11K | -5K |
Income before tax | -1.07M | 517K | 3.30M | 662K | 506K | 1.69M | 1.56M | 1.06M | 925K | -1.96M |
Income tax expense | 72K | 36K | 63K | 21K | 43K | -532K | -231K | -324K | 23K | 32K |
Net income | -1.14M | 481K | 3.24M | 641K | 463K | 2.22M | 1.79M | 1.39M | 902K | -2.00M |
Earnings per share | ||||||||||
Basic EPS | -0.34 | 0.14 | 0.93 | 0.18 | 0.13 | 0.62 | 0.47 | 0.33 | 0.21 | -0.46 |
Diluted EPS | -0.34 | 0.14 | 0.93 | 0.18 | 0.13 | 0.62 | 0.47 | 0.33 | 0.21 | -0.46 |