On Track Innovations Ltd.
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. On Track Innovations Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 17% to $14,875,000. The net income raised on $13,000 and profit margin reached 0%. Total operating expenses were $9,994,000.

Profit Margin

On Track Innovations Ltd. (OTC:OTIVF): Profit margin
2012 39.96M -17.39M -43.52%
2013 19.86M -3.04M -15.34%
2014 23.06M -9.92M -43.03%
2015 19.86M -7.15M -36.01%
2016 20.56M -828K -4.03%
2017 22.38M -598K -2.67%
2018 21.87M -263K -1.2%
2019 14.75M -5.88M -39.92%
2020 12.74M -6.13M -48.13%
2021 14.87M 13K 0.09%

OTIVF Income Statement (2012 – 2021)

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue
Revenue
14.87M12.74M14.75M21.87M22.38M20.56M19.86M23.06M19.86M39.96M
Cost of revenue
10.84M15.28M7.45M10.71M10.99M10.36M9.72M12.00M9.14M20.04M
Gross profit
4.02M-2.54M7.29M11.16M11.38M10.20M10.14M11.05M10.72M19.92M
Operating exp.
Research and development
3.71M3.53M3.33M3.17M3.30M2.81M3.64M4.66M4.86M8.64M
Selling and marketing
2.89M3.23M5.02M5.94M5.63M5.54M7.24M8.23M7.91M16.46M
Total operating expenses
9.99M9.78M12.45M13.15M12.57M11.85M15.96M19.03M19.90M36.61M
Operating income
-10.10M-4.68M-4.83M-1.96M-1.26M-1.89M-7.25M-9.51M-5.81M-16.68M
Other income (expenses), net
0-370K-397K-228K-341K-396K-619K-577K-913K-707K
Income before tax
-10.10M-5.05M-5.23M-2.18M-1.60M-2.28M-7.87M-10.08M-6.72M-17.39M
Income tax expense
-10.11M0-57K-301K74K82K122K110K203K167K
Net income
13K-6.13M-5.88M-263K-598K-828K-7.15M-9.92M-3.04M-17.39M
Earnings per share
Basic EPS
0.00-0.12-0.14-0.00-0.01-0.02-0.17-0.29-0.09-0.54
Diluted EPS
0.00-0.12-0.14-0.00-0.01-0.02-0.17-0.29-0.09-0.54
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