Qualstar
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. Qualstar's past years’ income statements indicate that its last revenue has increased compared to the previous period by 8% to $10,616,000. The net income raised on $191,000 and profit margin reached 2%. Total operating expenses were $3,140,000.
Profit Margin
| 2015 | 12.90M | -1.30M | -10.14% |
|---|---|---|---|
| 2015 | 10.97M | -2.62M | -23.92% |
| 2016 | 9.41M | -1.21M | -12.85% |
| 2017 | 10.64M | 640K | 6.01% |
| 2018 | 12.22M | 1.48M | 12.15% |
| 2019 | 13.43M | -7K | -0.05% |
| 2020 | 8.09M | -1.25M | -15.54% |
| 2021 | 9.16M | 430K | 4.69% |
| 2022 | 9.84M | 55K | 0.56% |
| 2023 | 10.61M | 191K | 1.8% |
QBAK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 10.61M | 9.84M | 9.16M | 8.09M | 13.43M | 12.22M | 10.64M | 9.41M | 10.97M | 12.90M |
Cost of revenue | 7.33M | 7.18M | 6.44M | 6.29M | 9.91M | 7.18M | 6.39M | 6.82M | 7.88M | 8.53M |
Gross profit | 3.28M | 2.65M | 2.71M | 1.80M | 3.52M | 5.04M | 4.24M | 2.59M | 3.08M | 4.37M |
Operating exp. | ||||||||||
Research and development | 393K | 336K | 451K | 501K | 588K | 502K | 535K | 990K | 1.36M | 1.35M |
Selling and marketing | 1.35M | 1.21M | 1.47M | 1.51M | 1.39M | 1.33M | 1.23M | 1.22M | 1.93M | 2.07M |
Total operating expenses | 3.14M | 2.56M | 2.80M | 3.06M | 3.59M | 3.55M | 3.59M | 3.80M | 5.69M | 5.90M |
Operating income | 140K | 92K | -90K | -1.26M | -70K | 1.49M | 657K | -1.21M | -2.60M | -1.28M |
Other income (expenses), net | 54K | -32K | 523K | 7K | 45K | 0 | 0 | 3K | -28K | -19K |
Income before tax | 194K | 60K | 433K | -1.25M | -25K | 1.49M | 657K | -1.21M | -2.60M | -1.30M |
Income tax expense | 3K | 5K | 3K | 4K | -18K | 4K | 17K | -3K | 20K | -245K |
Net income | 191K | 55K | 430K | -1.25M | -7K | 1.48M | 640K | -1.21M | -2.62M | -1.30M |
Earnings per share | ||||||||||
Basic EPS | 0.12 | 0.03 | 0.22 | -0.65 | -0.00 | 0.73 | 0.31 | -0.59 | -1.29 | -0.64 |
Diluted EPS | 0.12 | 0.03 | 0.22 | -0.65 | -0.00 | 0.72 | 0.31 | -0.59 | -1.29 | -0.64 |
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