Towerstream
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. Towerstream's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $24,604,310. The net income raised on -$10,210,453 and profit margin reached -41%. Total operating expenses were $7,509,499.

Profit Margin

Towerstream Corporation (OTC:TWER): Profit margin
2012 32.27M -20.98M -65.02%
2013 33.43M -24.77M -74.1%
2014 33.03M -27.59M -83.52%
2015 31.27M -40.48M -129.44%
2016 26.89M -20.19M -75.09%
2017 26.21M -12.46M -47.57%
2018 24.60M -10.21M -41.5%

TWER Income Statement (2012 – 2018)

2018 2017 2016 2015 2014 2013 2012
Revenue
Revenue
24.60M26.21M26.89M31.27M33.03M33.43M32.27M
Cost of revenue
20.71M15.01M15.47M28.35M24.52M22.93M16.37M
Gross profit
3.89M11.19M11.41M2.92M8.51M10.49M15.90M
Operating exp.
Research and development
0000000
Selling and marketing
1.96M3.88M3.93M6.01M5.57M5.77M6.13M
Total operating expenses
7.50M18.55M24.44M36.78M34.34M35.96M36.64M
Operating income
-3.61M-7.35M-13.03M-33.86M-25.82M-25.46M-20.74M
Other income (expenses), net
-6.92M-5.20M-7.10M-6.65M-1.67M989K-117.65K
Income before tax
-10.54M-12.55M-20.13M-40.52M-27.51M-24.69M-20.86M
Income tax expense
-336.59K-83.84K56.66K-38K79K78K126.25K
Net income
-10.21M-12.46M-20.19M-40.48M-27.59M-24.77M-20.98M
Earnings per share
Basic EPS
0-37.31-252.53-893.94-619.57-570.17-585.01
Diluted EPS
0-37.31-252.53-893.94-619.57-570.17-585.01
Data source