ADM TRONICS UNLIMITED, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.3M | $3.2M | $3.0M | $3.7M | $3.2M | $3.1M | $3.5M | $3.0M |
| Cost of Revenue | $2.0M | $1.8M | $1.8M | $2.0M | $2.0M | $1.9M | $1.9M | $1.5M |
| Gross Profit | $1.4M | $1.4M | $1.1M | $1.7M | $1.2M | $1.2M | $1.6M | $1.6M |
| Gross Margin | 40.5% | 43.7% | 37.6% | 45.1% | 38.9% | 37.6% | 45.2% | 51.8% |
| Operating Expenses | ||||||||
| Research & Development | $545.0K | $517.3K | $576.9K | $541.2K | $615.9K | $656.0K | $589.4K | $673.9K |
| SG&A Expense | $969.6K | $972.4K | $1.4M | $1.1M | $1.8M | $1.0M | $923.3K | $1.2M |
| Operating Income | $-159.1K | $-94.0K | $-819.9K | $30.3K | $-1.1M | $-680.5K | $-43.4K | $-374.7K |
| Operating Margin | -4.8% | -2.9% | -27.6% | 0.8% | -35.2% | -22.0% | -1.2% | -12.4% |
| Interest Expense | $36.8K | $40.2K | $27.9K | $18.9K | $15.6K | $10.4K | $8.4K | $8.8K |
| Pretax Income | $-98.9K | $-121.6K | $-877.2K | $24.5K | $-448.1K | $-666.3K | $-26.2K | $-356.6K |
| Income Tax Expense | $1.5K | $1.5K | $0 | $120.8K | $936.2K | $-68.0K | $69.5K | $14.0K |
| Net Income | $-100.4K | $-123.1K | $-877.2K | $-96.3K | $-1.4M | $-598.3K | $-95.8K | $-342.6K |
| Net Margin | -3.0% | -3.8% | -29.6% | -2.6% | -43.2% | -19.4% | -2.7% | -11.3% |
| EPS (Basic) | $0.00 | $0.00 | $-0.01 | $0.00 | $-0.02 | $-0.01 | $0.00 | $-0.01 |
| EPS (Diluted) | $0.00 | $0.00 | — | — | — | $-0.01 | $0.00 | $-0.01 |
| Shares Outstanding (Basic) | 67.6M | 67.6M | 67.6M | 67.6M | 67.6M | 67.6M | 67.6M | 67.6M |
| Shares Outstanding (Diluted) | 67.6M | 67.6M | 67.6M | 67.6M | 67.6M | 67.6M | 67.6M | 67.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |