South Atlantic Bancshares
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. South Atlantic Bancshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $46,679,000. Profit margin reached 21%. Total operating expenses were $24,358,000.
Profit Margin
| 2014 | 13.53M | 2.00M | 14.81% |
|---|---|---|---|
| 2015 | 15.60M | 2.24M | 14.36% |
| 2016 | 18.08M | 2.60M | 14.4% |
| 2017 | 21.55M | 3.41M | 15.84% |
| 2018 | 27.28M | 3.45M | 12.67% |
| 2019 | 31.67M | 6.06M | 19.15% |
| 2020 | 38.00M | 7.19M | 18.93% |
| 2021 | 45.62M | 10.84M | 23.77% |
| 2022 | 49.57M | 12.09M | 24.39% |
| 2023 | 46.67M | 10.01M | 21.46% |
SABK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 46.67M | 49.57M | 45.62M | 38.00M | 31.67M | 27.28M | 21.55M | 18.08M | 15.60M | 13.53M |
Cost of revenue | -27.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 74.67M | 49.57M | 45.62M | 38.00M | 31.67M | 27.28M | 21.55M | 18.08M | 15.60M | 13.53M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.33M | 1.26M | 1.02M | 843.93K | 746.76K | 766.63K | 640.85K | 523.30K | 486.96K | 410.39K |
Total operating expenses | 24.35M | -30.29M | -32.04M | -29.18M | -24.16M | -20.02M | -15.95M | -14.48M | -12.50M | -11.09M |
Operating income | 22.32M | 19.27M | 13.58M | 8.82M | 7.50M | 7.26M | 5.60M | 3.59M | 3.10M | 2.43M |
Other income (expenses), net | -9.57M | -4.19M | 13.58M | -4.67M | 7.50M | -2.89M | -3.75M | 0 | 0 | -2.29M |
Income before tax | 12.74M | 15.08M | 13.58M | 8.82M | 7.50M | 4.36M | 3.91M | 3.59M | 3.10M | 2.43M |
Income tax expense | 2.73M | 2.99M | 2.73M | 1.63M | 1.44M | 911.63K | 495.98K | 994.55K | 865.22K | 432.88K |
Net income | 10.01M | 12.09M | 10.84M | 7.19M | 6.06M | 3.45M | 3.41M | 2.60M | 2.24M | 2.00M |
Earnings per share | ||||||||||
Basic EPS | 1.33 | 1.6 | 1.45 | 0.96 | 0.81 | 0.48 | 0.55 | 0.62 | 0.59 | 0.55 |
Diluted EPS | 1.32 | 1.58 | 1.43 | 0.96 | 0.8 | 0.47 | 0.53 | 0.6 | 0.57 | 0.54 |