UTG
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. UTG's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 64% to $25,420,387. The net income dropped to $1,956,695 and profit margin reached 8%. Total operating expenses were $23,466,153.

Profit Margin

UTG, Inc. (OTC:UTGN): Profit margin
2014 43.19M 6.97M 16.15%
2015 28.93M 916.62K 3.17%
2016 27.97M 1.16M 4.18%
2017 28.87M 4.81M 16.66%
2018 41.42M 12.39M 29.91%
2019 44.32M 16.27M 36.71%
2020 27.38M 2.08M 7.63%
2021 35.73M 9.66M 27.04%
2022 69.82M 34.25M 49.06%
2023 25.42M 1.95M 7.7%

UTGN Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
25.42M69.82M35.73M27.38M44.32M41.42M28.87M27.97M28.93M43.19M
Cost of revenue
0000000000
Gross profit
25.42M69.82M35.73M27.38M44.32M41.42M28.87M27.97M28.93M43.19M
Operating exp.
Research and development
0000000000
Selling and marketing
000000145.72K139.16K00
Total operating expenses
23.46M-25.88M-24.41M-25.30M-24.85M-25.12M-25.57M-25.85M-28.66M-32.06M
Operating income
1.95M43.93M11.31M2.08M19.47M16.29M3.30M2.12M273.32K11.12M
Other income (expenses), net
-28.38K-2.38K505.07K-50.13M713.48K400.03K2.98K591.91K-68.87K-677.07K
Income before tax
1.92M43.93M11.82M2.55M20.18M16.50M3.30M2.12M273.32K11.12M
Income tax expense
-144.24K9.57M2.06M340.49K3.59M3.90M-1.50M666.18K-932.71K1.08M
Net income
1.95M34.25M9.66M2.08M16.27M12.39M4.81M1.16M916.62K6.97M
Earnings per share
Basic EPS
0.6210.813.050.654.953.751.440.330.251.86
Diluted EPS
0.6210.813.050.654.953.751.440.330.251.86
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