DESWELL INDUSTRIES, INC.

DSWL ·Consumer Cyclical, Rubber & Plastics
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $60.7M $44.5M $44.6M $38.1M $40.9M $53.4M $64.8M $84.0M
Cost of Revenue $51.0M $37.1M $39.8M $33.9M $37.3M $46.2M $55.3M $74.5M
Gross Profit $9.7M $7.4M $4.8M $4.2M $3.6M $7.2M $9.5M $9.5M
Gross Margin 16.0% 16.7% 10.8% 11.1% 8.9% 13.5% 14.6% 11.4%
Operating Expenses
Research & Development
SG&A Expense $8.8M $8.9M $9.1M $9.1M $10.3M $10.7M $12.3M $13.9M
Operating Income $1.8M $-2.1M $-5.3M $-4.8M $-6.8M $-3.3M $-2.2M $-8.8M
Operating Margin 3.0% -4.7% -12.0% -12.6% -16.7% -6.1% -3.3% -10.5%
Interest Expense
Pretax Income $6.2M $1.6M $-4.8M $-2.3M $-6.5M $-1.2M $-979.0K $-7.7M
Income Tax Expense $7.0K $209.0K $158.0K $207.0K $624.0K $328.0K $482.0K $382.0K
Net Income $6.2M $1.4M $-4.9M $-2.8M $-7.5M $-2.0M $-1.5M $-8.1M
Net Margin 10.2% 3.1% -11.1% -7.4% -18.3% -3.7% -2.3% -9.7%
EPS (Basic) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
EPS (Diluted) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Shares Outstanding (Basic) 16.0M 16.2M 16.18B 16.18B 16.32B 16.60B 16.33B 16.32B
Shares Outstanding (Diluted) 16.1M 16.2M 16.18B 16.18B 16.32B 16.60B 16.33B 16.32B
Dividends Per Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
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