BROWNIE’S MARINE GROUP, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0M | $2.3M | $2.8M | $2.7M | $2.9M | $2.9M | $2.2M | $2.2M |
| Cost of Revenue | $1.4M | $1.7M | $1.8M | $2.0M | $2.1M | $2.0M | $1.7M | $1.7M |
| Gross Profit | $605.2K | $599.5K | $927.7K | $744.2K | $773.8K | $882.4K | $502.0K | $493.5K |
| Gross Margin | 29.8% | 26.5% | 33.6% | 27.2% | 27.0% | 30.8% | 22.8% | 22.6% |
| Operating Expenses | ||||||||
| Research & Development | $16.4K | $2.0K | $8.7K | $4.1K | $75.8K | $47.8K | $46.5K | $135.6K |
| SG&A Expense | $803.9K | $615.3K | $671.0K | $619.2K | $1.5M | $2.5M | $1.6M | $1.4M |
| Operating Income | $-215.1K | $-17.8K | $247.9K | $121.0K | $-761.1K | $-1.6M | $-1.2M | $-995.1K |
| Operating Margin | -10.6% | -0.8% | 9.0% | 4.4% | -26.5% | -56.7% | -53.1% | -45.6% |
| Interest Expense | — | — | $37.0K | $39.7K | $198.3K | $264.2K | $-453.3K | $-280.7K |
| Pretax Income | $-248.7K | $230.0K | $229.7K | $94.4K | $-888.1K | $-2.0M | $-3.7M | $-1.3M |
| Income Tax Expense | — | — | $43 | $44 | $7.5K | $38.2K | $60.5K | $-65.9K |
| Net Income | $-248.7K | $230.0K | $229.6K | $94.4K | $-895.6K | $-2.0M | $-3.8M | $-1.2M |
| Net Margin | -12.3% | 10.2% | 8.3% | 3.4% | -31.2% | -70.3% | -171.1% | -54.5% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $0.47 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $0.47 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 78.6M | 68.5M | 75.9M | 27.7M | 74.5M | 5.73B | 5.87B | 5.43B |
| Shares Outstanding (Diluted) | 78.6M | 103.4M | 120.7M | 73.7M | 74.5M | 5.73B | 5.87B | 5.43B |
| Dividends Per Share | — | — | — | — | — | — | — | — |