Security Bancorp
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. Security Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $11,234,994. The net income raised on $3,265,867 and profit margin reached 29%. Total operating expenses were $5,730,050.
Profit Margin
| 2014 | 7.16M | 1.43M | 20.1% |
|---|---|---|---|
| 2015 | 6.87M | 1.09M | 15.99% |
| 2016 | 7.78M | 1.61M | 20.71% |
| 2017 | 8.15M | 1.49M | 18.34% |
| 2018 | 10.12M | 2.21M | 21.88% |
| 2019 | 11.22M | 2.54M | 22.67% |
| 2020 | 11.07M | 2.28M | 20.66% |
| 2021 | 11.09M | 2.65M | 23.91% |
| 2022 | 12.09M | 3.04M | 25.21% |
| 2023 | 11.23M | 3.26M | 29.07% |
SCYT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 11.23M | 12.09M | 11.09M | 11.07M | 11.22M | 10.12M | 8.15M | 7.78M | 6.87M | 7.16M |
Cost of revenue | -5.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 17.22M | 12.09M | 11.09M | 11.07M | 11.22M | 10.12M | 8.15M | 7.78M | 6.87M | 7.16M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 83.85K | 96.21K | 98.00K | 86.53K | 89.80K | 88.73K | 81.32K | 85.45K | 80.45K | 78.78K |
Total operating expenses | 5.73M | 2.10M | 1.98M | 1.88M | 1.88M | 1.76M | 5.59M | 5.46M | 5.16M | 4.99M |
Operating income | 5.50M | 4.20M | 3.67M | 3.11M | 3.43M | 2.99M | 2.60M | 2.43M | 1.90M | 2.28M |
Other income (expenses), net | -1.10M | 4.09M | 3.56M | -926.65K | 3.40M | 2.94M | -850.66K | -105.95K | -1.05M | -1.03M |
Income before tax | 4.39M | 4.09M | 3.56M | 3.04M | 3.40M | 2.94M | 2.55M | 2.32M | 1.70M | 2.16M |
Income tax expense | 1.13M | 1.04M | 909.79K | 757.34K | 858.31K | 732.07K | 1.05M | 713.75K | 605.42K | 728.80K |
Net income | 3.26M | 3.04M | 2.65M | 2.28M | 2.54M | 2.21M | 1.49M | 1.61M | 1.09M | 1.43M |
Earnings per share | ||||||||||
Basic EPS | 8.56 | 7.99 | 6.95 | 5.97 | 6.61 | 5.74 | 3.88 | 4.18 | 2.85 | 3.72 |
Diluted EPS | 8.56 | 7.99 | 6.95 | 5.97 | 6.61 | 5.74 | 3.88 | 4.18 | 2.85 | 3.72 |