QuoteMedia
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. QuoteMedia's past years’ income statements indicate that its last revenue has increased compared to the previous period by 8% to $18,907,725. Profit margin reached 2%. Total operating expenses were $9,233,239.
Profit Margin
| 2014 | 9.07M | -1.38M | -15.26% |
|---|---|---|---|
| 2015 | 8.65M | -1.65M | -19.13% |
| 2016 | 8.87M | -1.68M | -18.95% |
| 2017 | 9.49M | -1.50M | -15.9% |
| 2018 | 11.12M | 497.87K | 4.47% |
| 2019 | 11.79M | 558.99K | 4.74% |
| 2020 | 12.40M | -646.32K | -5.21% |
| 2021 | 15.17M | 212.37K | 1.4% |
| 2022 | 17.52M | 444.47K | 2.54% |
| 2023 | 18.90M | 361.58K | 1.91% |
QMCI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 18.90M | 17.52M | 15.17M | 12.40M | 11.79M | 11.12M | 9.49M | 8.87M | 8.65M | 9.07M |
Cost of revenue | 9.26M | 8.97M | 8.43M | 6.70M | 5.78M | 5.52M | 5.21M | 5.07M | 5.06M | 5.07M |
Gross profit | 9.64M | 8.55M | 6.73M | 5.69M | 6.01M | 5.59M | 4.27M | 3.79M | 3.59M | 4.00M |
Operating exp. | ||||||||||
Research and development | 2.75M | 2.09M | 1.71M | 1.64M | 1.25M | 1.21M | 1.02M | 935.78K | 1.02M | 1.06M |
Selling and marketing | 3.13M | 2.95M | 2.50M | 2.21M | 1.87M | 1.83M | 1.58M | 1.50M | 1.69M | 1.61M |
Total operating expenses | 9.23M | 8.06M | 6.75M | 6.34M | 5.41M | 5.09M | 4.62M | 4.41M | 4.59M | 4.69M |
Operating income | 411.41K | 490.65K | 110.81K | -635.71K | 599.65K | 499.50K | -349.22K | -613.39K | -1.00M | -698.23K |
Other income (expenses), net | -46.86K | -43.12K | 104.74K | -373 | -37.64K | 8.74K | -1.15M | -50.51K | -646.48K | -682.85K |
Income before tax | 364.55K | 447.52K | 215.55K | -644.08K | 562.01K | 500.95K | -1.50M | -1.67M | -1.65M | -1.38M |
Income tax expense | 2.96K | 3.05K | 3.18K | 2.23K | 3.01K | 3.08K | 3.08K | 3.01K | 3.12K | 3.62K |
Net income | 361.58K | 444.47K | 212.37K | -646.32K | 558.99K | 497.87K | -1.50M | -1.68M | -1.65M | -1.38M |
Earnings per share | ||||||||||
Basic EPS | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -0.01 | -0.01 | -0.01 | -0.01 |
Diluted EPS | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -0.01 | -0.01 | -0.01 | -0.01 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |