SilverSun Technologies
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. SilverSun Technologies's past years’ income statements indicate that its last revenue has increased compared to the previous period by 21% to $54,516,941. Profit margin reached -2%. Total operating expenses were $19,111,393.
Profit Margin
| 2014 | 21.46M | 192.90K | 0.9% |
|---|---|---|---|
| 2015 | 27.64M | 374.30K | 1.35% |
| 2016 | 34.12M | 3.43M | 10.07% |
| 2017 | 34.85M | -486.46K | -1.4% |
| 2018 | 41.00M | 262.43K | 0.64% |
| 2019 | 38.50M | -1.46M | -3.81% |
| 2020 | 41.22M | 175.64K | 0.43% |
| 2021 | 41.70M | -134.43K | -0.32% |
| 2022 | 44.98M | -282.21K | -0.63% |
| 2023 | 54.51M | -1.07M | -1.96% |
SSNT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 54.51M | 44.98M | 41.70M | 41.22M | 38.50M | 41.00M | 34.85M | 34.12M | 27.64M | 21.46M |
Cost of revenue | 33.73M | 27.02M | 24.49M | 24.64M | 23.82M | 24.07M | 20.98M | 21.39M | 16.79M | 12.89M |
Gross profit | 20.78M | 17.96M | 17.20M | 16.57M | 14.67M | 16.92M | 13.86M | 12.72M | 10.84M | 8.57M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 8.85M | 7.74M | 6.71M | 7.36M | 6.83M | 6.75M | 4.84M | 4.35M | 4.30M | 3.32M |
Total operating expenses | 19.11M | 18.34M | 17.43M | 16.35M | 16.34M | 16.50M | 12.92M | 11.45M | 10.48M | 8.10M |
Operating income | 1.67M | -385.37K | -230.98K | 223.38K | -1.67M | 412.76K | 939.25K | 1.26M | 357.78K | 470.65K |
Other income (expenses), net | -3.04M | -89.02K | 274.55K | -347 | -252.66K | -41.68K | -31.69K | 10K | 76.51K | -59.75K |
Income before tax | -1.36M | -474.40K | 43.57K | 223.03K | -1.92M | 371.07K | 907.56K | 1.21M | 434.30K | 410.90K |
Income tax expense | -297.41K | -192.18K | 178.00K | 47.39K | -455.00K | 108.64K | 1.39M | -2.22M | 60K | 218K |
Net income | -1.07M | -282.21K | -134.43K | 175.64K | -1.46M | 262.43K | -486.46K | 3.43M | 374.30K | 192.90K |
Earnings per share | ||||||||||
Basic EPS | -0.2 | -0.05 | -0.02 | 0.03 | -0.33 | 0.05 | -0.11 | 0.78 | 0.09 | 0.05 |
Diluted EPS | -0.2 | -0.05 | -0.02 | 0.03 | -0.33 | 0.05 | -0.11 | 0.77 | 0.09 | 0.05 |
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