Tel-Instrument Electronics Corp.
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. Tel-Instrument Electronics Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 30% to $15,774,943. The net income raised on $4,736,490 and profit margin reached 30%. Total operating expenses were $4,857,409.
Profit Margin
| 2012 | 16.50M | 71.01K | 0.43% |
|---|---|---|---|
| 2013 | 7.82M | -2.77M | -35.42% |
| 2014 | 15.82M | 261.52K | 1.65% |
| 2015 | 18.19M | -280.44K | -1.54% |
| 2016 | 24.80M | 1.00M | 4.05% |
| 2017 | 18.74M | -4.75M | -25.39% |
| 2018 | 10.02M | -4.32M | -43.12% |
| 2019 | 12.11M | 203.03K | 1.68% |
| 2020 | 15.77M | 4.73M | 30.03% |
TIK Income Statement (2012 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 15.77M | 12.11M | 10.02M | 18.74M | 24.80M | 18.19M | 15.82M | 7.82M | 16.50M |
Cost of revenue | 8.36M | 6.69M | 6.89M | 12.06M | 16.81M | 12.75M | 9.46M | 6.86M | 10.06M |
Gross profit | 7.40M | 5.41M | 3.12M | 6.68M | 7.98M | 5.44M | 6.36M | 961.22K | 6.44M |
Operating exp. | |||||||||
Research and development | 2.23M | 2.31M | 2.27M | 2.43M | 2.03M | 1.96M | 1.85M | 2.14M | 2.79M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 4.85M | 4.76M | 7.53M | 9.05M | 5.40M | 5.11M | 4.99M | 4.71M | 5.76M |
Operating income | 2.55M | 654.93K | -4.40M | -2.37M | 2.57M | 330.38K | 1.36M | -3.75M | 676.00K |
Other income (expenses), net | -465.28K | -451.89K | 20.82K | 256.60K | -723.79K | -690.19K | -659.52K | -563.14K | -249.27K |
Income before tax | 2.08M | 203.03K | -4.38M | -2.11M | 1.85M | -359.81K | 704.37K | -4.31M | 426.73K |
Income tax expense | -2.64M | -351.14K | -63.5K | 2.64M | 851.96K | -79.37K | 442.84K | -1.54M | 355.71K |
Net income | 4.73M | 203.03K | -4.32M | -4.75M | 1.00M | -280.44K | 261.52K | -2.77M | 71.01K |
Earnings per share | |||||||||
Basic EPS | 0.95 | 0.06 | -1.33 | -1.46 | 0.31 | -0.08 | 0.08 | -0.98 | 0.02 |
Diluted EPS | 0.95 | 0.06 | -1.33 | -1.46 | 0.31 | -0.08 | 0.08 | -0.98 | 0.02 |
| Data source |