Quarterhill
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. Quarterhill's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 36% to $194,316,000. Profit margin reached -26%. Total operating expenses were $64,712,000.

Profit Margin

Quarterhill Inc. (OTC:QTRHF): Profit margin
2014 114.12M 11.27M 9.88%
2015 142.73M 13.92M 9.76%
2016 124.83M 14.85M 11.9%
2017 169.39M 12.85M 7.59%
2018 105.42M -66.90M -63.46%
2019 191.65M 12.66M 6.61%
2020 144.52M 4.42M 3.06%
2021 125.69M -22.18M -17.65%
2022 305.69M 2.76M 0.9%
2023 194.31M -49.99M -25.73%

QTRHF Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
194.31M305.69M125.69M144.52M191.65M105.42M169.39M124.83M142.73M114.12M
Cost of revenue
153.71M188.15M88.26M85.66M96.44M79.77M62.00M86.17M97.69M73.36M
Gross profit
40.59M117.53M37.43M58.85M95.21M25.64M107.39M38.66M45.03M40.75M
Operating exp.
Research and development
7.43M2.53M2.37M2.28M6.70M4.86M4.09M03.37M2.80M
Selling and marketing
00000019.97M547.04K585.60K659.36K
Total operating expenses
64.71M85.66M59.09M49.95M72.57M78.60M61.87M13.16M13.72M15.06M
Operating income
-24.11M42.04M-19.48M9.93M19.68M-79.61M12.85M25.63M22.93M23.32M
Other income (expenses), net
-9.66M-28.22M-7.24M-666K1.63M-24.84M-2.38M138.44K-5.97M-2.64M
Income before tax
-33.77M13.81M-26.72M9.26M21.32M-76.80M13.16M26.37M23.53M23.94M
Income tax expense
10.02M11.05M-4.54M4.83M7.56M-9.89M306.83K11.51M9.60M12.66M
Net income
-49.99M2.76M-22.18M4.42M12.66M-66.90M12.85M14.85M13.92M11.27M
Earnings per share
Basic EPS
-0.290.02-0.190.030.11-0.560.110.120.110.09
Diluted EPS
-0.430.02-0.190.030.11-0.560.110.120.110.09
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