ENCISION, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.6M | $6.6M | $7.3M | $7.7M | $7.5M | $7.7M | $8.8M | $8.8M |
| Cost of Revenue | $3.0M | $3.4M | $3.3M | $3.9M | $3.6M | $3.7M | $4.1M | $3.7M |
| Gross Profit | $3.5M | $3.1M | $4.0M | $3.8M | $3.9M | $4.0M | $4.7M | $5.0M |
| Gross Margin | 53.6% | 47.6% | 54.9% | 49.4% | 51.8% | 52.2% | 53.1% | 57.2% |
| Operating Expenses | ||||||||
| Research & Development | $593.2K | $621.9K | $816.1K | $918.2K | $569.5K | $748.4K | $779.5K | $842.1K |
| SG&A Expense | $1.4M | $1.5M | $1.5M | $1.4M | $1.4M | $1.3M | $1.3M | $1.5M |
| Operating Income | $-172.0K | $-640.8K | $-302.8K | $-594.9K | $-61.6K | $-156.4K | $-186.4K | $395.8K |
| Operating Margin | -2.6% | -9.7% | -4.1% | -7.8% | -0.8% | -2.0% | -2.1% | 4.5% |
| Interest Expense | — | $62.4K | $19.5K | $7.2K | $87.1K | — | — | — |
| Pretax Income | $-220.2K | $-691.8K | $-323.9K | $-65.6K | $584.7K | $-198.3K | $-236.1K | $335.6K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-220.2K | $-691.8K | $-323.9K | $-65.6K | $584.7K | $-198.3K | $-236.1K | $335.6K |
| Net Margin | -3.4% | -10.5% | -4.4% | -0.9% | 7.8% | -2.6% | -2.7% | 3.8% |
| EPS (Basic) | $-0.02 | $-0.06 | $-0.03 | $-0.01 | $0.05 | $-0.02 | $-0.02 | $0.03 |
| EPS (Diluted) | $-0.02 | $-0.06 | $-0.03 | $-0.01 | $0.05 | $-0.02 | $-0.02 | $0.03 |
| Shares Outstanding (Basic) | 11.9M | 11.8M | 11.8M | 11.6M | 11.6M | 11.6M | 10.9M | 10.7M |
| Shares Outstanding (Diluted) | 11.9M | 11.8M | 11.8M | 11.6M | 11.8M | 11.6M | 10.9M | 10.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |