Summer Energy Holdings
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. Summer Energy Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $300,383,879. The net income raised on $1,863,016 and profit margin reached 1%. Total operating expenses were $26,320,382.
Profit Margin
| 2014 | 49.83M | -3.84M | -7.71% |
|---|---|---|---|
| 2015 | 81.04M | 1.38M | 1.71% |
| 2016 | 90.18M | -1.17M | -1.3% |
| 2017 | 117.68M | 1.26M | 1.08% |
| 2018 | 151.90M | -7.75M | -5.1% |
| 2019 | 166.31M | -10.73M | -6.45% |
| 2020 | 183.63M | -6.84M | -3.73% |
| 2021 | 239.88M | 13.73M | 5.73% |
| 2022 | 293.81M | -14.67M | -4.99% |
| 2023 | 300.38M | 1.86M | 0.62% |
SUME Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 300.38M | 293.81M | 239.88M | 183.63M | 166.31M | 151.90M | 117.68M | 90.18M | 81.04M | 49.83M |
Cost of revenue | 265.49M | 271.27M | 179.35M | 162.58M | 152.68M | 138.32M | 99.89M | 76.71M | 65.75M | 44.01M |
Gross profit | 34.88M | 22.53M | 60.52M | 21.04M | 13.63M | 13.57M | 17.78M | 13.46M | 15.29M | 5.81M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 7.91M | 7.04M | 0 | 5.01M | 5.03M | 3.83K | 3.12K | 2.56K | 1.19K |
Total operating expenses | 26.32M | 27.46M | 31.11M | 25.11M | 22.44M | 19.91M | 15.19M | 13.42M | 12.13M | 7.89M |
Operating income | 8.56M | -4.93M | 20.51M | -4.07M | -8.80M | -6.33M | 2.58M | 37.21K | 3.15M | -2.08M |
Other income (expenses), net | -6.21M | -9.61M | -6.03M | -2.59M | -1.84M | -1.12M | -1.14M | -577.95K | -1.63M | -1.76M |
Income before tax | 2.34M | -14.54M | 14.47M | -6.67M | -10.65M | -7.65M | 1.44M | -1.08M | 1.51M | -3.84M |
Income tax expense | 482.79K | 132.27K | 736.70K | 178.1K | 74.94K | 95.53K | 173.84K | 85.1K | 131.5K | 1.76M |
Net income | 1.86M | -14.67M | 13.73M | -6.84M | -10.73M | -7.75M | 1.26M | -1.17M | 1.38M | -3.84M |
Earnings per share | ||||||||||
Basic EPS | 0.05 | -0.45 | 0.43 | -0.21 | -0.35 | -0.29 | 0.05 | -0.06 | 0.07 | -0.27 |
Diluted EPS | 0.05 | -0.45 | 0.43 | -0.21 | -0.35 | -0.29 | 0.05 | -0.06 | 0.07 | -0.27 |
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