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 2% to $8,809,087. The net income raised on $341,891 and profit margin reached 4%. Total operating expenses were $3,280,565.
Profit Margin
| 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% |
| 2021 | 11.58M | 600.05K | 5.18% |
| 2022 | 12.93M | 1.30M | 10.13% |
| 2023 | 8.63M | -388.54K | -4.5% |
| 2024 | 8.80M | 341.89K | 3.88% |
TIKK Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.80M | 8.63M | 12.93M | 11.58M | 15.77M | 12.11M | 10.02M | 18.74M | 24.80M | 18.19M |
Cost of revenue | 4.79M | 5.58M | 7.16M | 6.80M | 8.36M | 6.69M | 6.89M | 12.06M | 16.81M | 12.75M |
Gross profit | 4.01M | 3.04M | 5.76M | 4.78M | 7.40M | 5.41M | 3.12M | 6.68M | 7.98M | 5.44M |
Operating exp. | ||||||||||
Research and development | 1.15M | 1.81M | 2.54M | 2.29M | 2.23M | 2.31M | 2.27M | 2.43M | 2.03M | 1.96M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 3.28M | 3.91M | 4.79M | 4.46M | 4.71M | 4.52M | 4.76M | 5.01M | 5.40M | 5.11M |
Operating income | 736.78K | -864.13K | 936.65K | 359.71K | 2.55M | 654.93K | -4.40M | -2.37M | 2.57M | 330.38K |
Other income (expenses), net | -216.95K | 347.45K | 548.53K | 213.32K | -465.28K | -278.22K | -2.58M | 256.60K | -617.24K | -690.19K |
Income before tax | 519.83K | -516.68K | 1.48M | 573.03K | 2.08M | 203.03K | -4.38M | -2.11M | 1.85M | -359.81K |
Income tax expense | 177.94K | -128.13K | 175.45K | -27.02K | -2.64M | -39.49K | -63.5K | 2.64M | 851.96K | -79.37K |
Net income | 341.89K | -388.54K | 1.30M | 600.05K | 4.73M | 203.03K | -4.32M | -4.75M | 1.00M | -280.44K |
Earnings per share | ||||||||||
Basic EPS | -0.00 | -0.12 | 0.3 | 0.08 | 1.36 | 0.06 | -1.33 | -1.46 | 0.31 | -0.09 |
Diluted EPS | -0.00 | -0.12 | 0.26 | 0.05 | 0.95 | 0.06 | -1.33 | -1.46 | 0.31 | -0.08 |
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