Twin Disc, Incorporated
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. Twin Disc, Incorporated's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $295,127,000. The net income raised on $10,988,000 and profit margin reached 4%. Total operating expenses were $71,622,000.
Profit Margin
| 2015 | 265.79M | 11.17M | 4.2% |
|---|---|---|---|
| 2016 | 166.28M | -13.10M | -7.88% |
| 2017 | 168.18M | -6.29M | -3.74% |
| 2018 | 240.73M | 9.52M | 3.96% |
| 2019 | 302.66M | 10.67M | 3.53% |
| 2020 | 246.83M | -39.57M | -16.03% |
| 2021 | 218.58M | -20.69M | -9.47% |
| 2022 | 242.91M | 8.09M | 3.33% |
| 2023 | 276.96M | 10.38M | 3.75% |
| 2024 | 295.12M | 10.98M | 3.72% |
TWIN Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 295.12M | 276.96M | 242.91M | 218.58M | 246.83M | 302.66M | 240.73M | 168.18M | 166.28M | 265.79M |
Cost of revenue | 211.80M | 202.62M | 174.10M | 167.72M | 191.13M | 213.02M | 160.49M | 119.95M | 125.68M | 182.75M |
Gross profit | 83.31M | 74.33M | 68.81M | 50.85M | 55.70M | 89.64M | 80.23M | 48.23M | 40.59M | 83.03M |
Operating exp. | ||||||||||
Research and development | 0 | 2.45M | 1.57M | 1.86M | 1.82M | 2.38M | 1.61M | 1.54M | 1.80M | 11.09M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 71.62M | 58.09M | 56.80M | 55.75M | 63.21M | 69.96M | 61.90M | 52.77M | 56.66M | 64.26M |
Operating income | 11.47M | 16.06M | 11.03M | -8.30M | -9.13M | 18.49M | 14.92M | -8.97M | -24.59M | 15.48M |
Other income (expenses), net | 3.88M | -1.59M | -807K | -1.53M | -3.48M | -3.99M | -3.62M | -551K | -8.79M | 414K |
Income before tax | 15.36M | 14.46M | 10.22M | -9.83M | -43.74M | 14.50M | 14.42M | -9.52M | -25.29M | 15.9M |
Income tax expense | 4.12M | 3.78M | 1.82M | 10.85M | -4.16M | 3.71M | 4.77M | -3.41M | -12.28M | 4.51M |
Net income | 10.98M | 10.38M | 8.09M | -20.69M | -39.57M | 10.67M | 9.52M | -6.29M | -13.10M | 11.17M |
Earnings per share | ||||||||||
Basic EPS | 0.8 | 0.77 | 0.61 | -1.56 | -3.01 | 0.85 | 0.84 | -0.56 | -1.17 | 0.99 |
Diluted EPS | 0.79 | 0.75 | 0.6 | -1.56 | -3.01 | 0.84 | 0.84 | -0.56 | -1.17 | 0.99 |
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