Tofutti Brands
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. Tofutti Brands's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 22% to $10,068,000. The net income raised on -$366,000 and profit margin reached -4%. Total operating expenses were $3,035,000.
Profit Margin
| 2014 | 14.35M | -163K | -1.14% |
|---|---|---|---|
| 2016 | 13.76M | -643K | -4.67% |
| 2016 | 14.47M | 421K | 2.91% |
| 2017 | 14.10M | 704K | 4.99% |
| 2018 | 13.06M | 507K | 3.88% |
| 2019 | 13.13M | 78K | 0.59% |
| 2021 | 13.81M | 596K | 4.31% |
| 2022 | 12.59M | 143K | 1.14% |
| 2022 | 12.82M | -525K | -4.09% |
| 2023 | 10.06M | -366K | -3.64% |
TOFB Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 10.06M | 12.82M | 12.59M | 13.81M | 13.13M | 13.06M | 14.10M | 14.47M | 13.76M | 14.35M |
Cost of revenue | 7.27M | 10.48M | 9.24M | 9.56M | 9.09M | 8.96M | 9.36M | 9.88M | 10.16M | 10.10M |
Gross profit | 2.79M | 2.34M | 3.34M | 4.25M | 4.03M | 4.10M | 4.74M | 4.59M | 3.59M | 4.25M |
Operating exp. | ||||||||||
Research and development | 166K | 143K | 124K | 240K | 324K | 410K | 393K | 426K | 523K | 641K |
Selling and marketing | 1.47M | 1.71M | 1.48M | 1.44M | 1.97M | 1.65M | 1.82M | 1.63M | 1.90M | 2.02M |
Total operating expenses | 3.03M | 3.25M | 3.1M | 3.37M | 3.92M | 3.73M | 3.99M | 4.11M | 4.31M | 4.48M |
Operating income | -238K | -916K | 242K | 876K | 108K | 372K | 750K | 475K | -720K | -231K |
Other income (expenses), net | -2K | 163K | -25K | -25K | -25K | -25K | -26K | -26K | -1K | 0 |
Income before tax | -240K | -753K | 217K | 851K | 83K | 347K | 724K | 449K | -721K | -231K |
Income tax expense | 126K | -228K | 74K | 255K | 5K | -160K | 20K | 28K | -78K | -68K |
Net income | -366K | -525K | 143K | 596K | 78K | 507K | 704K | 421K | -643K | -163K |
Earnings per share | ||||||||||
Basic EPS | -0.07 | -0.1 | 0.02 | 0.12 | 0.01 | 0.09 | 0.14 | 0.08 | -0.12 | -0.03 |
Diluted EPS | -0.07 | -0.1 | 0.02 | 0.11 | 0.01 | 0.09 | 0.14 | 0.08 | -0.12 | -0.03 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |