Tungray Technologies Inc Class A Ordinary Shares
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. Tungray Technologies Inc Class A Ordinary Shares's past years’ income statements indicate that its last revenue has increased compared to the previous period by 108% to $14,362,502. The net income raised on $915,422 and profit margin reached 6%. Total operating expenses were $5,611,234.
Profit Margin
| 2020 | 6.89M | 886.56K | 12.86% |
|---|---|---|---|
| 2023 | 14.36M | 915.42K | 6.37% |
TRSG Income Statement (2020 – 2023)
| 2023 | 2020 | |
|---|---|---|
Revenue | ||
Revenue | 14.36M | 6.89M |
Cost of revenue | 7.62M | 3.56M |
Gross profit | 6.73M | 3.32M |
Operating exp. | ||
Research and development | 791.76K | 227.39K |
Selling and marketing | 421.86K | 410.67K |
Total operating expenses | 5.61M | 2.18M |
Operating income | 1.12M | 1.14M |
Other income (expenses), net | 194.96K | -41.74K |
Income before tax | 1.31M | 1.11M |
Income tax expense | 504.17K | 227.61K |
Net income | 915.42K | 886.56K |
Earnings per share | ||
Basic EPS | 0.06 | 0.05 |
Diluted EPS | 0.06 | 0.05 |