Reed's
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. Reed's's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 16% to $44,711,000. The net income raised on -$15,523,000 and profit margin reached -35%. Total operating expenses were $19,129,000.
Profit Margin
| 2014 | 43.42M | -754K | -1.74% |
|---|---|---|---|
| 2015 | 45.94M | -3.96M | -8.62% |
| 2016 | 42.47M | -5.00M | -11.79% |
| 2017 | 37.71M | -18.37M | -48.72% |
| 2018 | 38.10M | -10.32M | -27.1% |
| 2019 | 33.82M | -17.39M | -51.44% |
| 2020 | 41.61M | -11.48M | -27.6% |
| 2021 | 49.59M | -17.60M | -35.49% |
| 2022 | 53.04M | -19.11M | -36.03% |
| 2023 | 44.71M | -15.52M | -34.72% |
REED Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 44.71M | 53.04M | 49.59M | 41.61M | 33.82M | 38.10M | 37.71M | 42.47M | 45.94M | 43.42M |
Cost of revenue | 34.99M | 40.92M | 36.00M | 28.84M | 25.94M | 27.42M | 30.82M | 33.49M | 34.34M | 30.41M |
Gross profit | 9.71M | 12.11M | 13.59M | 12.76M | 7.87M | 10.67M | 6.89M | 8.98M | 11.60M | 13.00M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 12.42M | 18.91M | 21.60M | 14.35M | 15.18M | 10.36M | 6.96M | 7.60M | 9.96M | 9.31M |
Total operating expenses | 19.12M | 26.10M | 29.56M | 21.38M | 22.77M | 18.75M | 12.71M | 11.81M | 14.33M | 12.96M |
Operating income | -9.41M | -13.99M | -15.97M | -8.61M | -14.90M | -8.12M | -11.74M | -3.05M | -2.73M | 41K |
Other income (expenses), net | -6.10M | -5.22M | -431K | -1.56M | -1.21M | -51K | -6.62M | -456K | -1.23M | -793K |
Income before tax | -15.52M | -19.21M | -16.40M | -10.17M | -16.11M | -10.32M | -18.37M | -5.00M | -3.96M | -752K |
Income tax expense | 0 | -108K | 1.20M | 1.30M | 1.28M | -2K | 6.62M | 1.72M | 0 | 2K |
Net income | -15.52M | -19.11M | -17.60M | -11.48M | -17.39M | -10.32M | -18.37M | -5.00M | -3.96M | -754K |
Earnings per share | ||||||||||
Basic EPS | -4.39 | -9.46 | -9.65 | -9.47 | -24.81 | -20.36 | -62.17 | -18.39 | -14.47 | -2.78 |
Diluted EPS | -4.39 | -9.46 | -9.65 | -9.47 | -24.81 | -20.36 | -62.17 | -18.39 | -14.47 | -2.78 |
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