SmartFinancial
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. SmartFinancial's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2288% to $152,405,000. Profit margin reached 19%. Total operating expenses were $152,405,000.
Profit Margin
| 2014 | 17.16M | 1.63M | 9.54% |
|---|---|---|---|
| 2015 | 27.23M | 1.50M | 5.54% |
| 2016 | 41.29M | 5.79M | 14.04% |
| 2017 | 49.91M | 5.01M | 10.05% |
| 2018 | 81.35M | 18.11M | 22.27% |
| 2019 | 90.6M | 26.54M | 29.3% |
| 2020 | 114.09M | 24.33M | 21.33% |
| 2021 | 137.34M | 34.79M | 25.33% |
| 2022 | 6.38M | 43.02M | 674.11% |
| 2023 | 152.40M | 28.59M | 18.76% |
SMBK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 152.40M | 6.38M | 137.34M | 114.09M | 90.6M | 81.35M | 49.91M | 41.29M | 27.23M | 17.16M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 182.32K | 482 | 0 | 1.81M | 0 |
Gross profit | 152.40M | 6.38M | 137.34M | 114.09M | 90.6M | 81.17M | 49.91M | 41.29M | 25.42M | 17.16M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.34M | 1.29M | 830K | 834K | 983K | 874K | 637K | 615.75K | 452.84K | 420.04K |
Total operating expenses | 152.40M | 1.29M | -93.02M | -83.20M | -57.15M | 34.19M | 23.72M | 20.83M | 13.96M | 7.69M |
Operating income | 36.22M | 86.27M | 44.31M | 30.89M | 33.44M | 36.90M | 17.13M | 13.46M | 5.90M | 5.44M |
Other income (expenses), net | 0 | -31.37M | -9.88M | -9.54M | 1.07M | -15.56M | -3.36M | -4.29M | -1.01M | -1.02M |
Income before tax | 36.22M | 54.90M | 44.31M | 30.89M | 33.44M | 21.34M | 11.44M | 9.16M | 3.14M | 2.65M |
Income tax expense | 7.63M | 11.88M | 9.52M | 6.55M | 6.89M | 3.23M | 6.42M | 3.36M | 1.64M | 1.01M |
Net income | 28.59M | 43.02M | 34.79M | 24.33M | 26.54M | 18.11M | 5.01M | 5.79M | 1.50M | 1.63M |
Earnings per share | ||||||||||
Basic EPS | 1.7 | 2.57 | 2.23 | 1.63 | 1.9 | 1.46 | 0.56 | 0.82 | 0.27 | 0.04 |
Diluted EPS | 1.69 | 2.55 | 2.22 | 1.62 | 1.89 | 1.45 | 0.56 | 0.78 | 0.25 | 0.04 |
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