PowerFleet
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. PowerFleet's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $133,735,999. The net income raised on -$5,675,000 and profit margin reached -4%. Total operating expenses were $79,410,000.
Profit Margin
| 2014 | 45.63M | -11.57M | -25.37% |
|---|---|---|---|
| 2015 | 41.78M | -9.95M | -23.82% |
| 2016 | 36.82M | -6.37M | -17.3% |
| 2017 | 40.95M | -3.87M | -9.45% |
| 2018 | 53.06M | -5.81M | -10.95% |
| 2019 | 81.91M | -10.98M | -13.41% |
| 2020 | 113.59M | -9.01M | -7.93% |
| 2021 | 126.20M | -13.29M | -10.53% |
| 2022 | 135.15M | -7.00M | -5.18% |
| 2023 | 133.73M | -5.67M | -4.24% |
PWFL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 133.73M | 135.15M | 126.20M | 113.59M | 81.91M | 53.06M | 40.95M | 36.82M | 41.78M | 45.63M |
Cost of revenue | 66.66M | 70.98M | 66.02M | 54.57M | 43.55M | 27.26M | 20.03M | 18.52M | 24.76M | 25.62M |
Gross profit | 67.07M | 64.17M | 60.18M | 59.01M | 38.36M | 25.79M | 20.92M | 18.29M | 17.02M | 20.00M |
Operating exp. | ||||||||||
Research and development | 8.38M | 8.96M | 11.05M | 10.59M | 8.54M | 6.86M | 3.96M | 4.53M | 4.55M | 6.64M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 79.41M | 71.96M | 68.15M | 62.47M | 41.68M | 31.53M | 25.01M | 24.66M | 27.30M | 32.18M |
Operating income | -12.33M | -7.69M | -7.92M | -3.50M | -3.24M | -5.73M | -4.09M | -6.36M | -10.28M | -12.17M |
Other income (expenses), net | 7.50M | 994K | -2.76M | -4.51M | -7.80M | -165K | -90K | 6K | -9K | 603K |
Income before tax | -5.05M | -6.70M | -10.68M | -7.97M | -11.05M | -5.81M | -4.18M | -6.37M | -9.95M | -11.57M |
Income tax expense | 589K | 296K | 2.60M | 1.03M | -75K | 97K | -311K | 299K | -342K | -566K |
Net income | -5.67M | -7.00M | -13.29M | -9.01M | -10.98M | -5.81M | -3.87M | -6.37M | -9.95M | -11.57M |
Earnings per share | ||||||||||
Basic EPS | -0.16 | -0.2 | -0.38 | -0.3 | -0.54 | -0.34 | -0.26 | -0.49 | -0.79 | -0.96 |
Diluted EPS | -0.16 | -0.2 | -0.38 | -0.3 | -0.54 | -0.34 | -0.26 | -0.49 | -0.79 | -0.96 |
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