GREYSTONE LOGISTICS, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $48.6M | $40.0M | $26.3M | $22.3M | $23.4M | $24.1M | $24.2M | $20.5M |
| Cost of Revenue | $41.6M | $32.6M | $21.6M | $18.3M | $18.1M | $18.8M | $19.2M | $18.4M |
| Gross Profit | $7.0M | $7.5M | $4.7M | $4.0M | $5.3M | $5.3M | $4.9M | $2.1M |
| Gross Margin | 14.5% | 18.7% | 18.0% | 18.1% | 22.8% | 21.8% | 20.4% | 10.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $3.0M | $3.0M | $2.6M | $2.2M | $2.4M | $2.2M | $2.0M | $1.9M |
| Operating Income | $4.0M | $4.5M | $2.2M | $1.9M | $2.9M | $3.1M | $2.9M | $223.3K |
| Operating Margin | 8.2% | 11.1% | 8.3% | 8.3% | 12.5% | 12.7% | 12.2% | 1.1% |
| Interest Expense | — | — | — | — | $846.6K | $828.9K | $-897.1K | $-1.1M |
| Pretax Income | $2.6M | $3.3M | $1.3M | $1.0M | $2.1M | $2.2M | $1.9M | $-847.2K |
| Income Tax Expense | $772.4K | $1.0M | $495.6K | $430.8K | $-1.0M | — | — | — |
| Net Income | $1.9M | $2.2M | $836.1K | $609.6K | $3.1M | $2.8M | $2.5M | $-847.2K |
| Net Margin | 3.8% | 5.6% | 3.2% | 2.7% | 13.4% | 11.6% | 10.3% | -4.1% |
| EPS (Basic) | $0.04 | $0.06 | $0.01 | $0.00 | $0.10 | $0.09 | $0.08 | $-0.03 |
| EPS (Diluted) | $0.04 | $0.06 | $0.01 | $0.00 | $0.09 | $0.08 | $0.08 | $-0.03 |
| Shares Outstanding (Basic) | 28.4M | 28.3M | 27.7M | 27.0M | 26.2M | 26.1M | 26.1M | — |
| Shares Outstanding (Diluted) | 29.0M | 28.9M | 28.0M | 27.8M | 27.7M | 27.5M | 26.1M | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |