Tectonic Financial
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. Tectonic Financial's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $65,876,999. Profit margin reached 23%. Total operating expenses were $36,584,000.
Profit Margin
| 2014 | 21.22M | 3.03M | 14.31% |
|---|---|---|---|
| 2015 | 22.32M | 3.29M | 14.75% |
| 2017 | 20.63M | 2.93M | 14.21% |
| 2019 | 40.3M | 6.45M | 16.02% |
| 2020 | 47.62M | 9.37M | 19.68% |
| 2021 | 60.16M | 15.48M | 25.73% |
| 2022 | 66.25M | 15.47M | 23.36% |
| 2023 | 65.87M | 15.22M | 23.1% |
TECTP Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 65.87M | 66.25M | 60.16M | 47.62M | 40.3M | 20.63M | 22.32M | 21.22M |
Cost of revenue | 0 | 32.87M | 30.78M | 0 | 0 | 0 | 0 | 0 |
Gross profit | 65.87M | 33.38M | 29.38M | 47.62M | 40.3M | 20.63M | 22.32M | 21.22M |
Operating exp. | ||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 558K | 475K | 26.78M | 24.15M | 21.17M | 8.01M | 21K | 55K |
Total operating expenses | 36.58M | 44.80M | 38.33M | 33.69M | 30.51M | 17.10M | 17.22M | 16.44M |
Operating income | 29.29M | 21.45M | 21.83M | 13.92M | 9.78M | 3.96M | 5.09M | 4.78M |
Other income (expenses), net | -10.23M | -4.35M | -3.62M | 0 | 0 | -7.67M | -10.45M | -9.98M |
Income before tax | 19.05M | 21.45M | 21.83M | 13.92M | 9.78M | 3.53M | 5.09M | 4.78M |
Income tax expense | 3.83M | 4.42M | 4.80M | 2.99M | 1.90M | 598K | 1.80M | 1.74M |
Net income | 15.22M | 15.47M | 15.48M | 9.37M | 6.45M | 2.93M | 3.29M | 3.03M |
Earnings per share | ||||||||
Basic EPS | 1.87 | 2.11 | 2.21 | 1.42 | 0.98 | 1.04 | 1.62 | 1.5 |
Diluted EPS | 1.87 | 2.11 | 2.2 | 1.42 | 0.98 | 1.04 | 1.63 | 1.51 |
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