CFN ENTERPRISES INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.7M | $24.1M | $23.8M | $21.4M | $16.5M | $9.7M | $5.8M | $2.4M |
| Cost of Revenue | $9.1M | $9.1M | $8.2M | $6.5M | $4.1M | $2.1M | $1.1M | $255.1K |
| Gross Profit | $12.7M | $15.0M | $15.5M | $14.9M | $12.3M | $7.6M | $4.7M | $2.1M |
| Gross Margin | 58.2% | 62.4% | 65.4% | 69.6% | 75.0% | 78.6% | 81.6% | 89.2% |
| Operating Expenses | ||||||||
| Research & Development | $4.2M | $4.4M | $4.0M | $4.6M | $2.5M | $1.4M | $933.0K | $499.4K |
| SG&A Expense | $1.3M | $7.3M | $8.3M | $9.0M | $6.2M | $2.5M | $1.3M | $2.5M |
| Operating Income | $-1.3M | $-1.1M | $-2.7M | $-6.1M | $-3.2M | $-184.6K | $380.9K | $-853.9K |
| Operating Margin | -5.9% | -4.6% | -11.2% | -28.4% | -19.6% | -1.9% | 6.6% | -36.1% |
| Interest Expense | $2.6M | $1.2M | $1.2M | $266.9K | $49.9K | $39.9K | $167.6K | $316.9K |
| Pretax Income | $-1.3M | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-11.4M | $-2.4M | $-3.9M | $-6.3M | $-3.3M | $93.8K | $492.9K | $-1.2M |
| Net Margin | -52.5% | -10.1% | -16.2% | -29.3% | -19.8% | 1.0% | 8.5% | -49.8% |
| EPS (Basic) | $-0.17 | $-0.04 | $-0.06 | $-0.10 | $-0.05 | $0.01 | $0.01 | $-0.04 |
| EPS (Diluted) | $-0.17 | $-0.04 | $-0.06 | $-0.10 | $-0.05 | $0.00 | $0.01 | $-0.04 |
| Shares Outstanding (Basic) | 66.1M | 65.4M | 65.1M | 63.7M | 60.8M | 57.0M | 52.4M | 37.4M |
| Shares Outstanding (Diluted) | 66.1M | 65.4M | 65.1M | 63.7M | 60.8M | 73.5M | 52.4M | 37.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |