TechPrecision
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. TechPrecision's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $31,591,059. Profit margin reached -22%. Total operating expenses were $8,750,376.

Profit Margin

TechPrecision Corporation (OTC:TPCS): Profit margin
2015 18.23M -3.58M -19.66%
2016 16.85M 1.35M 8.06%
2017 18.55M 5.08M 27.39%
2018 18.72M -265.90K -1.42%
2019 16.70M 1.10M 6.59%
2020 16.00M -341.56K -2.13%
2021 15.59M 320.63K 2.06%
2022 22.28M -349.83K -1.57%
2023 31.43M -979.00K -3.11%
2024 31.59M -7.04M -22.29%

TPCS Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
31.59M31.43M22.28M15.59M16.00M16.70M18.72M18.55M16.85M18.23M
Cost of revenue
27.47M26.52M18.90M12.13M12.86M12.11M14.75M12.45M11.36M15.92M
Gross profit
4.11M4.90M3.37M3.46M3.13M4.58M3.97M6.09M5.49M2.30M
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
8.75M6.00M4.93M2.84M2.78M2.74M3.00M4.33M3.38M4.53M
Operating income
-4.63M-1.06M-1.56M623.24K376.46K1.83M967.29K2.88M2.10M-2.22M
Other income (expenses), net
-477.74K321.79K1.01M-197.73K-791.07K41.03K4.26K-635.58K1.19K-1.51M
Income before tax
-5.10M-783.42K-542.18K425.51K-414.61K1.52M558.57K2.24M1.35M-3.74M
Income tax expense
1.93M195.58K-192.35K104.88K-73.04K423.35K824.48K-2.83M-768-160.50K
Net income
-7.04M-979.00K-349.83K320.63K-341.56K1.10M-265.90K5.08M1.35M-3.58M
Earnings per share
Basic EPS
-0.81-0.11-0.040.04-0.040.15-0.030.720.2-0.59
Diluted EPS
-0.81-0.11-0.040.04-0.040.15-0.030.720.2-0.59
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