Switch
Income Statement
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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. Switch's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $592,045,000. Profit margin reached 2%. Total operating expenses were $161,380,000.
Profit Margin
| 2015 | 265.87M | 73.47M | 27.63% |
|---|---|---|---|
| 2016 | 318.35M | 31.36M | 9.85% |
| 2017 | 378.27M | -15.20M | -4.02% |
| 2018 | 405.86M | 4.05M | 1% |
| 2019 | 462.31M | 8.91M | 1.93% |
| 2020 | 511.54M | 15.53M | 3.04% |
| 2021 | 592.04M | 14.75M | 2.49% |
SWCH Income Statement (2015 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 592.04M | 511.54M | 462.31M | 405.86M | 378.27M | 318.35M | 265.87M |
Cost of revenue | 339.63M | 279.47M | 242.67M | 224.41M | 198.23M | 168.84M | 141.06M |
Gross profit | 252.40M | 232.07M | 219.63M | 181.44M | 180.04M | 149.50M | 124.81M |
Operating exp. | |||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 161.38M | 136.65M | 142.70M | 126.76M | 161.21M | 98.43M | 45.25M |
Operating income | 55.71M | 95.41M | 76.92M | 54.67M | 18.82M | 51.07M | 79.55M |
Other income (expenses), net | -38.30M | -52.50M | -42.67M | -23.41M | -28.38M | -19.70M | -6.08M |
Income before tax | 17.40M | 42.90M | 34.25M | 31.26M | -9.56M | 31.36M | 73.47M |
Income tax expense | 2.65M | 4.53M | 2.71M | 1.94M | -981K | -8.86M | 1.59M |
Net income | 14.75M | 15.53M | 8.91M | 4.05M | -15.20M | 31.36M | 73.47M |
Earnings per share | |||||||
Basic EPS | 0.06 | 0.06 | 0.11 | 0.08 | -1.88 | 1 | 2.35 |
Diluted EPS | 0.06 | 0.06 | 0.11 | 0.08 | -1.88 | 1 | 2.35 |
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