Utah Medical Products
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. Utah Medical Products's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $50,224,000. The net income raised on $16,635,000 and profit margin reached 33%. Total operating expenses were $13,261,000.
Profit Margin
| 2014 | 41.27M | 11.37M | 27.56% |
|---|---|---|---|
| 2015 | 40.15M | 11.84M | 29.49% |
| 2016 | 39.29M | 12.12M | 30.86% |
| 2017 | 41.41M | 8.50M | 20.54% |
| 2018 | 41.99M | 18.55M | 44.18% |
| 2019 | 46.90M | 14.72M | 31.4% |
| 2020 | 42.17M | 10.79M | 25.6% |
| 2021 | 49.05M | 14.78M | 30.15% |
| 2022 | 52.28M | 16.47M | 31.51% |
| 2023 | 50.22M | 16.63M | 33.12% |
UTMD Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 50.22M | 52.28M | 49.05M | 42.17M | 46.90M | 41.99M | 41.41M | 39.29M | 40.15M | 41.27M |
Cost of revenue | 20.18M | 20.08M | 18.13M | 16.63M | 17.43M | 15.69M | 15.01M | 15.60M | 15.97M | 16.29M |
Gross profit | 30.03M | 32.19M | 30.91M | 25.54M | 29.46M | 26.30M | 26.39M | 23.69M | 24.18M | 24.98M |
Operating exp. | ||||||||||
Research and development | 560K | 493K | 526K | 486K | 483K | 454K | 447K | 475K | 522K | 460K |
Selling and marketing | 1.68M | 1.50M | 1.41M | 1.55M | 1.73M | 1.70M | 1.54M | 1.67M | 2.16M | 2.21M |
Total operating expenses | 13.26M | 12.40M | 12.03M | 11.84M | 11.83M | 7.60M | 7.38M | 7.50M | 8.53M | 8.78M |
Operating income | 16.77M | 12.70M | 18.88M | 6.49M | 10.75M | 18.69M | 19.01M | 16.18M | 15.65M | 16.20M |
Other income (expenses), net | 3.31M | 7.95M | 181K | 132K | 7.13M | 762K | 71K | 235K | -106K | -390K |
Income before tax | 20.08M | 20.65M | 19.06M | 13.84M | 17.88M | 19.45M | 19.08M | 16.42M | 15.54M | 15.81M |
Income tax expense | 3.45M | 4.18M | 4.27M | 3.04M | 3.15M | 904K | 10.57M | 4.29M | 3.70M | 4.43M |
Net income | 16.63M | 16.47M | 14.78M | 10.79M | 14.72M | 18.55M | 8.50M | 12.12M | 11.84M | 11.37M |
Earnings per share | ||||||||||
Basic EPS | 4.57 | 4.53 | 4.05 | 2.95 | 3.96 | 4.97 | 2.29 | 3.22 | 3.14 | 3.02 |
Diluted EPS | 4.57 | 4.52 | 4.04 | 2.94 | 3.94 | 4.95 | 2.28 | 3.22 | 3.14 | 3.01 |
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