BORQS TECHNOLOGIES, INC.

BRQSF ·Technology, Information Technology Services, Hong Kong
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015
Revenue $154.3M $120.6M $75.1M
Cost of Revenue $127.1M $95.4M $58.0M
Gross Profit $27.2M $25.2M $17.1M
Gross Margin 17.6% 20.9% 22.7%
Operating Expenses
Research & Development $6.4M $5.7M $7.2M
SG&A Expense $20.8M $10.0M $4.9M
Operating Income $-7.9M $5.2M $713.0K
Operating Margin -5.1% 4.3% 0.9%
Interest Expense $1.9M $797.0K $156.0K
Pretax Income $-10.1M $5.3M $1.6M
Income Tax Expense $2.2M $2.7M $851.0K
Net Income $-12.5M $3.2M $2.1M
Net Margin -8.1% 2.7% 2.8%
EPS (Basic) $-1.51 $0.00 $-0.02
EPS (Diluted) $-1.51 $0.00 $-0.02
Shares Outstanding (Basic) 31.3M 12.8M 12.7M 12.7M
Shares Outstanding (Diluted) 31.3M 12.8M 12.7M 12.7M
Dividends Per Share