TESSCO Technologies Incorporated
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. TESSCO Technologies Incorporated's past years’ income statements indicate that its last revenue has increased compared to the previous period by 8% to $452,064,700. Profit margin reached -1%. Total operating expenses were $93,198,100.
Profit Margin
| 2014 | 560.08M | 16.24M | 2.9% |
|---|---|---|---|
| 2015 | 549.61M | 8.63M | 1.57% |
| 2016 | 530.68M | 5.34M | 1.01% |
| 2017 | 533.29M | 1.44M | 0.27% |
| 2018 | 580.27M | 5.19M | 0.9% |
| 2019 | 606.81M | 5.54M | 0.91% |
| 2020 | 540.29M | -21.56M | -3.99% |
| 2021 | 373.34M | -15.24M | -4.08% |
| 2022 | 417.54M | -3.31M | -0.79% |
| 2023 | 452.06M | -4.34M | -0.96% |
TESS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 452.06M | 417.54M | 373.34M | 540.29M | 606.81M | 580.27M | 533.29M | 530.68M | 549.61M | 560.08M |
Cost of revenue | 360.98M | 339.50M | 305.62M | 448.47M | 485.45M | 460.04M | 421.52M | 418.71M | 418.73M | 421.92M |
Gross profit | 91.08M | 78.03M | 67.71M | 91.82M | 121.35M | 120.22M | 111.76M | 111.96M | 130.88M | 138.15M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 93.19M | 81.54M | 85.50M | 107.81M | 113.21M | 112.32M | 108.41M | 102.93M | 115.93M | 111.66M |
Operating income | -2.11M | -3.50M | -17.79M | -15.99M | 8.14M | 7.90M | 2.54M | 9.03M | 14.37M | 26.48M |
Other income (expenses), net | -2.22M | -876.9K | -426.3K | -1.11M | -853.8K | -429.1K | -58.6K | -161.3K | -14.36B | -26.46B |
Income before tax | -4.34M | -4.38M | -18.21M | -29.27M | 7.29M | 7.47M | 2.48M | 8.87M | 14.21M | 26.31M |
Income tax expense | 5.8K | -1.07M | -2.97M | -7.70M | 1.74M | 2.27M | 1.04M | 3.53M | 5.57M | 10.06M |
Net income | -4.34M | -3.31M | -15.24M | -21.56M | 5.54M | 5.19M | 1.44M | 5.34M | 8.63M | 16.24M |
Earnings per share | ||||||||||
Basic EPS | -0.47 | -0.37 | -1.75 | -2.53 | 0.65 | 0.61 | 0.17 | 0.65 | 1.05 | 1.98 |
Diluted EPS | -0.47 | -0.37 | -1.75 | -2.53 | 0.65 | 0.61 | 0.17 | 0.65 | 1.04 | 1.94 |
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