XG Technology
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. XG Technology's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 24% to $28,942,000. Profit margin reached -62%. Total operating expenses were $39,072,000.

Profit Margin

XG Technology Inc (NASDAQ:XGTI): Profit margin
2013 406K -27.45M -6761.08%
2014 628K -18.97M -3021.97%
2015 932K -17.85M -1915.99%
2016 6.57M -20.90M -317.95%
2017 47.82M -10.54M -22.05%
2018 38.29M -14.87M -38.84%
2019 28.94M -18.04M -62.36%

XGTI Income Statement (2013 – 2019)

2019 2018 2017 2016 2015 2014 2013
Revenue
Revenue
28.94M38.29M47.82M6.57M932K628K406K
Cost of revenue
0000000
Gross profit
28.94M38.29M47.82M6.57M932K628K406K
Operating exp.
Research and development
3.23M7.87M9.79M6.10M4.65M7.59M5.46M
Selling and marketing
0000000
Total operating expenses
39.07M48.43M77.49M22.21M12.92M15.45M5.68M
Operating income
-17.2M-14.42M-23.38M-22.86M-19.86M-19.23M-13.83M
Other income (expenses), net
-833K-440K12.84M1.95M2.00M261K-13.61M
Income before tax
-18.03M-14.86M-10.54M-20.90M-17.85M-18.97M-27.45M
Income tax expense
14K6K13.27M1.97M2.00M261K-13.01M
Net income
-18.04M-14.87M-10.54M-20.90M-17.85M-18.97M-27.45M
Earnings per share
Basic EPS
-2.01-0.9-868.84-33.93-2.35-0.83-2.86
Diluted EPS
-2.01-0.9-868.84-33.93-2.35-0.83-2.86