GREENLAND TECHNOLOGIES HOLDING CORPORATION
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.0M | $22.7M | $22.8M | $21.8M | $23.6M | $22.1M | $19.1M | $21.8M |
| Cost of Revenue | $16.2M | $300.0K | $-31.3M | $15.6M | $16.6M | $300.0K | $15.3M | $17.0M |
| Gross Profit | $6.8M | $5.6M | $5.9M | $6.3M | $6.9M | $5.5M | $3.8M | $4.8M |
| Gross Margin | 29.4% | 24.9% | 25.7% | 28.7% | 29.4% | 24.9% | 19.9% | 22.1% |
| Operating Expenses | ||||||||
| Research & Development | $1.1M | $987.7K | $1.6M | $1.2M | $1.4M | $1.1M | $2.8M | $1.0M |
| SG&A Expense | $1.2M | $2.2M | $1.3M | $1.6M | $1.5M | $1.6M | $1.7M | $1.2M |
| Operating Income | $4.0M | $1.9M | $2.2M | $2.8M | $3.4M | $2.4M | $-1.7M | $2.1M |
| Operating Margin | 17.3% | 8.5% | 9.6% | 12.9% | 14.5% | 10.7% | -8.9% | 9.5% |
| Interest Expense | — | $43.8K | $31.5K | $73.0K | $79.5K | $66.5K | $80.3K | $126.0K |
| Pretax Income | $6.6M | $3.4M | $-30.4M | $1.1M | $3.2M | $2.8M | $-4.3M | $2.6M |
| Income Tax Expense | $680.8K | $-186.0K | $227.7K | $878.9K | $304.8K | $296.9K | $-693.0K | $518.9K |
| Net Income | $4.7M | $2.5M | $-18.8M | $-887.4K | $2.4M | $1.4M | $-3.8M | $1.3M |
| Net Margin | 20.2% | 11.0% | -82.7% | -4.1% | 10.2% | 6.5% | -19.9% | 5.9% |
| EPS (Basic) | $0.34 | $0.18 | $-1.42 | $-0.07 | $0.18 | $0.11 | $-0.33 | $0.10 |
| EPS (Diluted) | $0.34 | $0.18 | $-1.42 | $-0.07 | $0.18 | $0.11 | $-0.33 | $0.10 |
| Shares Outstanding (Basic) | 13.6M | 13.6M | 13.2M | 13.6M | 13.0M | 13.0M | 11.9M | 12.2M |
| Shares Outstanding (Diluted) | 13.6M | 13.6M | 13.2M | 13.6M | 13.0M | 13.0M | 11.9M | 12.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |