Stingray Group
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. Stingray Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 22% to $345,428,000. Profit margin reached -4%. Total operating expenses were $256,880,000.

Profit Margin

Stingray Group Inc. (TSX:RAY-B.TO): Profit margin
2015 70.98M 6.60M 9.31%
2016 89.94M 13.88M 15.43%
2018 126.95M 2.29M 1.81%
2019 212.65M -11.98M -5.64%
2021 249.46M 45.10M 18.08%
2022 282.62M 33.28M 11.78%
2024 345.42M -13.74M -3.98%

RAY-B.TO Income Statement (2014 – 2023)

2023 2021 2020 2018 2017 2015 2014
Revenue
Revenue
345.42M282.62M249.46M212.65M126.95M89.94M70.98M
Cost of revenue
226.84M195.39M166.03M142.87M44.22M31.16M23.28M
Gross profit
118.57M87.23M83.43M69.77M82.72M58.78M47.70M
Operating exp.
Research and development
011.14M7.56M7.24M10.64M7.61M5.97M
Selling and marketing
000014.70M10.68M8.01M
Total operating expenses
256.88M228.00M181.80M176.10M76.66M46.56M39.05M
Operating income
051.69M43.12M38.64M6.05M12.21M8.65M
Other income (expenses), net
2.28M3.61M-13.19M-39.57M-3.77M1.94M-2.88M
Income before tax
2.28M42.3M61.06M-15.21M2.28M14.15M5.77M
Income tax expense
16.03M9.01M15.96M-3.22M-13K275K-837K
Net income
-13.74M33.28M45.10M-11.98M2.29M13.88M6.60M
Earnings per share
Basic EPS
-0.20.470.62-0.190.040.290.14
Diluted EPS
-0.20.470.61-0.190.040.290.14
Data sourceData sourceData sourceData sourceData sourceData sourceData source