Security Federal
Income Statement
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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 Federal's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $48,392,000. Profit margin reached 21%. Total operating expenses were $28,969,000.
Profit Margin
| 2014 | 29.83M | 5.81M | 19.48% |
|---|---|---|---|
| 2015 | 30.71M | 6.11M | 19.91% |
| 2016 | 31.27M | 5.92M | 18.95% |
| 2017 | 32.95M | 5.91M | 17.96% |
| 2018 | 35.29M | 7.20M | 20.42% |
| 2019 | 37.72M | 7.79M | 20.66% |
| 2020 | 41.93M | 7.05M | 16.81% |
| 2021 | 45.92M | 12.77M | 27.81% |
| 2022 | 47.16M | 10.22M | 21.69% |
| 2023 | 48.39M | 10.19M | 21.06% |
SFDL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 48.39M | 47.16M | 45.92M | 41.93M | 37.72M | 35.29M | 32.95M | 31.27M | 30.71M | 29.83M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 198 | 113 | 246 | 178 | 109 |
Gross profit | 48.39M | 47.16M | 45.92M | 41.93M | 37.72M | 35.29M | 32.95M | 31.27M | 30.71M | 29.83M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 980K | 988K | 1.12M | 1.05M | 796.21K | 546.79K | 596.44K | 532.66K | 416.32K | 484.05K |
Total operating expenses | 28.96M | -31.55M | -29.64M | -33.30M | -28.24M | 16.32M | 15.15M | 14.00M | 13.20M | 12.48M |
Operating income | 19.42M | 15.60M | 16.28M | 8.62M | 9.47M | 14.22M | 12.52M | 11.36M | 12.38M | 13.92M |
Other income (expenses), net | -6.94M | -2.67M | 16.28M | -4.44M | 9.47M | 8.77M | -4.43M | 7.84M | -6.32M | -5.56M |
Income before tax | 12.47M | 12.93M | 16.28M | 8.62M | 9.47M | 8.77M | 8.35M | 7.84M | 8.18M | 8.11M |
Income tax expense | 2.28M | 2.70M | 3.50M | 1.57M | 1.68M | 1.57M | 2.43M | 1.92M | 2.06M | 2.30M |
Net income | 10.19M | 10.22M | 12.77M | 7.05M | 7.79M | 7.20M | 5.91M | 5.92M | 6.11M | 5.81M |
Earnings per share | ||||||||||
Basic EPS | 3.14 | 3.14 | 3.93 | 2.19 | 2.64 | 2.32 | 2.01 | 2.09 | 1.93 | 1.82 |
Diluted EPS | 3.14 | 3.14 | 3.93 | 2.19 | 2.5 | 2.21 | 1.91 | 1.99 | 1.84 | 1.75 |
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