ICTS INTERNATIONAL N.V.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $297.7M | $255.6M | $187.0M | $172.9M | $124.5M | $96.3M | $93.3M | $92.4M |
| Cost of Revenue | $254.7M | $223.5M | $167.8M | $152.2M | $109.0M | $84.5M | $80.9M | $78.7M |
| Gross Profit | $43.0M | $32.1M | $19.2M | $20.7M | $15.5M | $11.8M | $12.4M | $13.7M |
| Gross Margin | 14.4% | 12.6% | 10.3% | 12.0% | 12.5% | 12.3% | 13.3% | 14.8% |
| Operating Expenses | ||||||||
| Research & Development | $2.7M | $2.7M | $2.6M | $2.2M | $2.2M | $2.3M | $2.8M | $1.7M |
| SG&A Expense | $26.2M | $21.6M | $20.4M | $17.3M | $16.9M | $14.0M | $14.0M | $13.5M |
| Operating Income | $14.1M | $7.8M | $-3.8M | $1.2M | $-2.3M | $-4.5M | $-4.4M | $-3.0M |
| Operating Margin | 4.7% | 3.1% | -2.0% | 0.7% | -1.8% | -4.7% | -4.7% | -3.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $7.9M | $3.3M | $-4.6M | $1.6M | $-6.3M | $-7.6M | $-5.1M | $-5.2M |
| Income Tax Expense | $2.0M | $1.0M | $149.0K | $90.0K | $-1.0M | $223.0K | $-289.0K | $704.0K |
| Net Income | $5.8M | $2.3M | $-4.7M | $1.4M | $-3.4M | $-9.0M | $-2.1M | $-8.1M |
| Net Margin | 2.0% | 0.9% | -2.5% | 0.8% | -2.8% | -9.4% | -2.3% | -8.8% |
| EPS (Basic) | $0.28 | $0.20 | $-0.58 | $0.18 | $-0.43 | $-1.12 | $-0.27 | $-1.02 |
| EPS (Diluted) | $0.28 | $0.20 | $-0.58 | $0.18 | $-0.43 | $-1.12 | $-0.27 | $-1.02 |
| Shares Outstanding (Basic) | 21.0M | 21.0M | 11.0M | 8.1M | 8.0M | 8.0M | 8.0M | 8.0M |
| Shares Outstanding (Diluted) | 21.0M | 21.0M | 11.0M | 8.1M | 8.0M | 8.0M | 8.0M | 8.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |