Income Statement

Last updated: 8 Sep 2025

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. 's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $128,697,000. Profit margin reached 9%. Total operating expenses were $159,650,000.

Profit Margin

Quarters Years

(NASDAQ:SHBI): Profit margin
2014	49.91M	5.05M	10.12%
2015	50.94M	7.10M	13.95%
2016	54.89M	9.63M	17.56%
2017	63.27M	11.26M	17.8%
2018	68.98M	24.99M	36.23%
2019	60.15M	16.19M	26.93%
2020	63.34M	15.73M	24.83%
2021	77.62M	15.36M	19.8%
2022	124.38M	31.17M	25.06%
2023	128.69M	11.22M	8.72%

SHBI Income Statement (2014 – 2023)

Quarters Years

	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue
Revenue	128.69M	124.38M	77.62M	63.34M	60.15M	68.98M	63.27M	54.89M	50.94M	49.91M
Cost of revenue	0	0	0	0	0	9.85M	529K	539K	625K	686K
Gross profit	128.69M	124.38M	77.62M	63.34M	60.15M	59.13M	62.74M	54.35M	50.31M	49.23M

Operating exp.
Research and development	0	0	0	0	0	0	0	0	0	0
Selling and marketing	0	898K	339K	331K	425K	509K	662K	528K	495K	428K
Total operating expenses	159.65M	12.74M	-56.44M	-42.29M	-38.34M	-23.48M	-39.35M	1.87M	-33.15M	-34.76M

Operating income	0	54.68M	21.18M	21.04M	21.80M	35.64M	23.39M	20.62M	17.16M	14.47M
Other income (expenses), net	14.18M	-12.54M	21.18M	-1.07M	86K	-14.50M	-1.10M	-4.72M	-1.63M	-2.49M
Income before tax	14.18M	42.14M	21.18M	21.04M	21.89M	35.3M	19.78M	15.89M	11.51M	8.11M
Income tax expense	2.95M	10.96M	5.81M	5.31M	5.61M	10.30M	8.52M	6.26M	4.40M	3.06M
Net income	11.22M	31.17M	15.36M	15.73M	16.19M	24.99M	11.26M	9.63M	7.10M	5.05M

Earnings per share
Basic EPS	0.42	1.57	1.17	1.27	1.27	1.96	0.89	0.76	0.56	0.46
Diluted EPS	0.42	1.57	1.17	1.27	1.27	1.96	0.89	0.76	0.56	0.46

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