Income Statement

Last updated: 8 Sep 2025

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. 's past years’ income statements indicate that its last revenue has increased compared to the previous period by 30% to $45,378,000. The net income raised on $9,253,000 and profit margin reached 20%. Total operating expenses were $30,761,000.

Profit Margin

Quarters Years

(LSE:REC.L): Profit margin
2010	33.42M	11.90M	35.62%
2011	28.19M	8.90M	31.59%
2012	20.53M	4.91M	23.93%
2015	21.05M	5.78M	27.46%
2016	21.13M	5.54M	26.22%
2018	23.83M	6.14M	25.79%
2019	24.97M	6.43M	25.75%
2021	25.45M	5.35M	21.02%
2022	34.78M	8.63M	24.82%
2024	45.37M	9.25M	20.39%

REC.L Income Statement (2010 – 2023)

Quarters Years

	2023	2021	2020	2018	2017	2015	2014	2012	2011	2010
Revenue
Revenue	45.37M	34.78M	25.45M	24.97M	23.83M	21.13M	21.05M	20.53M	28.19M	33.42M
Cost of revenue	82K	1.25M	1.35M	385K	311K	221K	148K	252K	102K	0
Gross profit	45.29M	33.52M	24.09M	24.58M	23.52M	20.91M	20.90M	20.28M	28.09M	0

Operating exp.
Research and development	0	0	0	0	0	0	0	0	0	0
Selling and marketing	0	0	0	0	0	0	0	0	0	0
Total operating expenses	30.76M	22.82M	17.22M	16.71M	16.25M	14.12M	13.37M	13.53M	15.49M	16.74M

Operating income	14.53M	10.69M	6.86M	7.87M	7.51M	6.79M	7.53M	6.74M	12.59M	16.68M
Other income (expenses), net	-1.62M	162K	-716K	116K	-191K	143K	146K	-36K	61K	68K
Income before tax	12.91M	10.85M	6.15M	7.98M	7.32M	6.93M	7.68M	6.70M	12.53M	16.61M
Income tax expense	3.65M	2.22M	802K	1.55M	1.18M	1.52M	1.70M	1.80M	3.60M	4.70M
Net income	9.25M	8.63M	5.35M	6.43M	6.14M	5.54M	5.78M	4.91M	8.90M	11.90M

Earnings per share
Basic EPS	0.04	0.04	0.02	0.03	0.03	0.02	0.02	0.02	0.04	0.05
Diluted EPS	0.04	0.04	0.02	0.03	0.02	0.02	0.02	0.02	0.04	0.05

	Data source	Data source	Data source	Data source	Data source	Data source	Data source	Data source	Data source	Data source