Smith-Midland
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. Smith-Midland's past years’ income statements indicate that its last revenue has increased compared to the previous period by 19% to $59,580,000. Profit margin reached 1%. Total operating expenses were $9,534,000.
Profit Margin
| 2014 | 22.47M | -804.83K | -3.58% |
|---|---|---|---|
| 2015 | 29.20M | 1.04M | 3.58% |
| 2016 | 40.05M | 2.83M | 7.08% |
| 2017 | 41.71M | 2.68M | 6.43% |
| 2018 | 40.22M | 1.68M | 4.19% |
| 2019 | 46.69M | 1.94M | 4.17% |
| 2020 | 43.86M | 2.66M | 6.08% |
| 2021 | 50.64M | 7.57M | 14.95% |
| 2022 | 50.13M | 800K | 1.6% |
| 2023 | 59.58M | 795K | 1.33% |
SMID Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 59.58M | 50.13M | 50.64M | 43.86M | 46.69M | 40.22M | 41.71M | 40.05M | 29.20M | 22.47M |
Cost of revenue | 48.92M | 40.66M | 36.22M | 32.82M | 36.72M | 29.73M | 30.13M | 29.70M | 22.09M | 18.62M |
Gross profit | 10.65M | 9.46M | 14.42M | 11.04M | 9.96M | 10.49M | 11.58M | 10.34M | 7.11M | 3.84M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 3.54M | 3.06M | 2.83M | 2.29M | 2.53M | 2.59M | 2.49M | 2.12M | 2.16M | 2.21M |
Total operating expenses | 9.53M | 8.61M | 8.25M | 7.28M | 7.42M | 8.27M | 7.86M | 6.01M | 5.53M | 5.19M |
Operating income | 1.11M | 854K | 6.16M | 3.75M | 2.54M | 2.21M | 3.71M | 4.33M | 1.66M | -1.19M |
Other income (expenses), net | 205K | 91K | 2.92M | 33K | -38K | 177K | 26K | 86.59K | 24.42K | -107.90K |
Income before tax | 1.32M | 945K | 9.09M | 3.79M | 2.50M | 2.25M | 3.74M | 4.29M | 1.60M | -1.30M |
Income tax expense | 528K | 145K | 1.52M | 1.12M | 549K | 572K | 1.05M | 1.46M | 557K | -498K |
Net income | 795K | 800K | 7.57M | 2.66M | 1.94M | 1.68M | 2.68M | 2.83M | 1.04M | -804.83K |
Earnings per share | ||||||||||
Basic EPS | 0.15 | 0.15 | 1.45 | 0.51 | 0.38 | 0.33 | 0.53 | 0.57 | 0.21 | -0.16 |
Diluted EPS | 0.15 | 0.15 | 1.45 | 0.51 | 0.38 | 0.33 | 0.53 | 0.56 | 0.21 | -0.16 |
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