Profire Energy
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. Profire Energy's past years’ income statements indicate that its last revenue has increased compared to the previous period by 27% to $58,208,060. The net income raised on $10,776,714 and profit margin reached 19%. Total operating expenses were $18,677,918.
Profit Margin
| 2013 | 16.88M | 1.43M | 8.48% |
|---|---|---|---|
| 2015 | 51.17M | 5.74M | 11.23% |
| 2016 | 27.07M | 34.74K | 0.13% |
| 2017 | 38.28M | 4.44M | 11.62% |
| 2018 | 45.61M | 6.08M | 13.33% |
| 2019 | 38.98M | 2.02M | 5.19% |
| 2020 | 21.45M | -2.17M | -10.14% |
| 2021 | 26.35M | -1.05M | -3.99% |
| 2022 | 45.93M | 3.94M | 8.59% |
| 2023 | 58.20M | 10.77M | 18.51% |
PFIE Income Statement (2013 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 58.20M | 45.93M | 26.35M | 21.45M | 38.98M | 45.61M | 38.28M | 27.07M | 51.17M | 16.88M |
Cost of revenue | 27.67M | 24.28M | 14.95M | 11.93M | 19.45M | 22.71M | 18.02M | 13.43M | 23.95M | 8.27M |
Gross profit | 30.53M | 21.65M | 11.40M | 9.52M | 19.52M | 22.90M | 20.26M | 13.64M | 27.22M | 8.61M |
Operating exp. | ||||||||||
Research and development | 917.12K | 1.43M | 1.12M | 1.29M | 1.93M | 1.39M | 1.22M | 899.01K | 1.83M | 0 |
Selling and marketing | 0 | 59.79K | 51.21K | 27.09K | 76.83K | 0 | 102.84K | 0 | 259.05K | 0 |
Total operating expenses | 18.67M | 16.45M | 13.41M | 12.60M | 16.36M | 14.92M | 13.42M | 13.68M | 18.68M | 6.45M |
Operating income | 11.85M | 5.19M | -2.01M | -3.08M | 3.16M | 7.97M | 6.83M | -39.92K | 8.53M | 2.15M |
Other income (expenses), net | 592.31K | 314.44K | 200.89K | 421.04K | 119.68K | 122.57K | 283.80K | 202.49K | 55.88K | -21.74K |
Income before tax | 12.44M | 5.68M | -1.68M | -2.65M | 3.56M | 8.59M | 7.12M | 162.57K | 8.59M | 2.16M |
Income tax expense | 1.66M | 1.73M | -629.35K | -483.56K | 1.54M | 2.51M | 2.67M | 127.82K | 2.84M | 730.90K |
Net income | 10.77M | 3.94M | -1.05M | -2.17M | 2.02M | 6.08M | 4.44M | 34.74K | 5.74M | 1.43M |
Earnings per share | ||||||||||
Basic EPS | 0.23 | 0.08 | -0.02 | -0.04 | 0.04 | 0.13 | 0.09 | 0.00 | 0.11 | 0.03 |
Diluted EPS | 0.22 | 0.08 | -0.02 | -0.04 | 0.04 | 0.12 | 0.09 | 0.00 | 0.11 | 0.03 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |