Socket Mobile
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. Socket Mobile's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 20% to $17,033,593. Profit margin reached -11%. Total operating expenses were $11,583,847.
Profit Margin
| 2014 | 17.02M | 432K | 2.54% |
|---|---|---|---|
| 2015 | 18.4M | 1.81M | 9.88% |
| 2016 | 20.78M | 12.14M | 58.43% |
| 2017 | 21.28M | -1.43M | -6.72% |
| 2018 | 16.45M | -571K | -3.47% |
| 2019 | 19.25M | 287K | 1.49% |
| 2020 | 15.7M | -3.27M | -20.89% |
| 2021 | 23.19M | 4.46M | 19.25% |
| 2022 | 21.23M | 86.93K | 0.41% |
| 2023 | 17.03M | -1.91M | -11.27% |
SCKT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 17.03M | 21.23M | 23.19M | 15.7M | 19.25M | 16.45M | 21.28M | 20.78M | 18.4M | 17.02M |
Cost of revenue | 8.57M | 10.87M | 10.76M | 7.36M | 9.15M | 7.99M | 9.89M | 10.35M | 9.46M | 9.60M |
Gross profit | 8.46M | 10.36M | 12.43M | 8.33M | 10.10M | 8.45M | 11.39M | 10.43M | 8.93M | 7.41M |
Operating exp. | ||||||||||
Research and development | 4.83M | 4.36M | 3.96M | 3.14M | 3.89M | 3.64M | 3.47M | 2.88M | 2.32M | 2.33M |
Selling and marketing | 4.01M | 3.63M | 3.00M | 2.84M | 3.01M | 2.98M | 2.95M | 2.77M | 2.49M | 2.19M |
Total operating expenses | 11.58M | 10.81M | 9.73M | 8.25M | 9.49M | 9.04M | 8.97M | 7.87M | 6.80M | 6.48M |
Operating income | -3.12M | -446K | 2.00M | 2.78M | 144.07K | -585.98K | 2.41M | 2.56M | 2.12M | 930.80K |
Other income (expenses), net | -242.16K | -175K | 560.15K | 1.02M | 361.93K | -128.61K | -79.44K | -131.34K | -279.22K | -466.75K |
Income before tax | -3.36M | -621K | 2.56M | -3.33M | 506K | -715K | 2.33M | 2.43M | 1.84M | 464K |
Income tax expense | -1.44M | -708K | -1.90M | -51K | 219K | -144K | 3.76M | -9.71M | 32K | 32K |
Net income | -1.91M | 86.93K | 4.46M | -3.27M | 287K | -571K | -1.43M | 12.14M | 1.81M | 432K |
Earnings per share | ||||||||||
Basic EPS | -0.27 | 0.01 | 0.58 | -0.54 | 0.04 | -0.09 | -0.23 | 2.1 | 0.33 | 0.09 |
Diluted EPS | -0.27 | 0.01 | 0.48 | -0.54 | 0.04 | -0.09 | -0.23 | 1.8 | 0.3 | 0.08 |
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