Birchtech Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.6M | $17.4M | $17.6M | $21.6M | $13.0M | $8.2M | $11.4M | $12.3M |
| Cost of Revenue | $10.2M | $10.3M | $12.2M | $14.6M | $7.9M | $5.4M | $8.3M | $9.1M |
| Gross Profit | $7.4M | $7.1M | $5.5M | $7.0M | $5.1M | $2.7M | $3.1M | $3.1M |
| Gross Margin | 42.0% | 40.8% | 30.9% | 32.5% | 39.0% | 33.3% | 27.0% | 25.6% |
| Operating Expenses | ||||||||
| Research & Development | $1.8M | $0 | — | — | — | — | — | — |
| SG&A Expense | $8.6M | $14.2M | $14.2M | $6.1M | $5.9M | $5.9M | $6.4M | $5.9M |
| Operating Income | $-3.0M | $-7.2M | $-9.0M | $904.0K | $-791.8K | $-5.8M | $-6.0M | $2.8M |
| Operating Margin | -17.2% | -41.1% | -50.9% | 4.2% | -6.1% | -70.8% | -52.9% | 22.8% |
| Interest Expense | $13.7K | $267.5K | $1.4M | $1.6M | $2.8M | $41.4K | $40.8K | $2.0M |
| Pretax Income | $-3.0M | $-11.1M | $6.1M | $-1.6M | $-3.6M | $-5.8M | $-6.1M | $-4.8M |
| Income Tax Expense | $70.1K | $-289.2K | $473.2K | $18.0K | $23.0K | $10.0K | $14.0K | $-22.2K |
| Net Income | $-3.0M | $-10.8M | $5.7M | $-1.6M | $-3.6M | $-5.8M | $-6.1M | $-4.8M |
| Net Margin | -17.2% | -62.1% | 32.2% | -7.3% | -27.9% | -71.4% | -53.4% | -39.2% |
| EPS (Basic) | — | $-0.11 | $0.06 | $-0.02 | — | $-0.07 | $-0.08 | $-0.06 |
| EPS (Diluted) | $-0.16 | $-0.57 | $0.06 | $-0.02 | — | $-0.07 | $-0.08 | $-0.06 |
| Shares Outstanding (Basic) | 19.3M | 19.1M | 94.2M | 90.0M | 89.1M | 78.1M | 76.2M | 76.1M |
| Shares Outstanding (Diluted) | 19.3M | 19.1M | 97.5M | 90.0M | 89.1M | 78.1M | 76.2M | 76.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |