ADM TRONICS UNLIMITED, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8M | $5.3M | $4.5M | $2.9M | $1.8M | $1.6M | $2.3M | $1.2M |
| Cost of Revenue | $1.9M | $2.6M | $2.1M | $1.5M | $1.1M | $782.6K | $935.9K | $683.6K |
| Gross Profit | $1.9M | $2.7M | $2.4M | $1.4M | $755.7K | $798.2K | $1.4M | $515.0K |
| Gross Margin | 50.3% | 50.5% | 53.4% | 47.9% | 41.8% | 50.5% | 59.6% | 43.0% |
| Operating Expenses | ||||||||
| Research & Development | $527.7K | $168.8K | $91.8K | $38.1K | $34.9K | $34.2K | $35.9K | $43.3K |
| SG&A Expense | $1.4M | $1.2M | $1.5M | $1.1M | $901.9K | $1.3M | $1.4M | $1.0M |
| Operating Income | $-66.2K | $1.1M | $263.0K | $249.9K | $-223.8K | $-538.3K | $-194.6K | $-608.6K |
| Operating Margin | -1.8% | 21.6% | 5.8% | 8.8% | -12.4% | -34.1% | -8.4% | -50.8% |
| Interest Expense | $6.7K | $4.9K | $6.1K | $6.2K | $6.2K | $3.8K | $4.5K | $4.9K |
| Pretax Income | $-55.3K | $1.1M | $261.3K | $358.8K | — | $-537.1K | $-192.9K | $-605.1K |
| Income Tax Expense | $-165.0K | $-69.0K | — | — | — | — | $-169.5K | — |
| Net Income | $109.7K | $1.2M | $1.1M | $358.8K | $-225.2K | $-537.1K | $-23.4K | $-605.1K |
| Net Margin | 2.9% | 22.9% | 24.8% | 12.6% | -12.4% | -34.0% | -1.0% | -50.5% |
| EPS (Basic) | $0.00 | $0.02 | $0.02 | $0.01 | $0.00 | $-0.01 | $0.00 | $-0.01 |
| EPS (Diluted) | $0.00 | $0.02 | $0.02 | $0.01 | $0.00 | $-0.01 | $0.00 | $-0.01 |
| Shares Outstanding (Basic) | 67.6M | 67.1M | 66.3M | 64.9M | 64.9M | 59.9M | 56.9M | 56.9M |
| Shares Outstanding (Diluted) | 67.6M | 67.1M | 66.3M | 65.5M | 65.5M | 59.9M | 56.9M | 56.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |