Innovative Designs, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $368.0K | $602.1K | $772.9K | $771.2K | $484.3K | $812.8K | $1.0M | $1.1M |
| Cost of Revenue | $216.3K | $303.5K | $371.7K | $433.9K | $206.9K | $320.0K | $489.3K | $600.1K |
| Gross Profit | $151.7K | $298.5K | $401.2K | $337.3K | $277.4K | $492.7K | $549.8K | $508.8K |
| Gross Margin | 41.2% | 49.6% | 51.9% | 43.7% | 57.3% | 60.6% | 52.9% | 45.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $755.8K | $865.3K | $816.2K | $646.9K | $507.9K | $635.3K | $495.9K | $420.8K |
| Operating Income | $-604.1K | $-566.8K | $-415.1K | $-309.6K | $-230.5K | $-142.5K | $53.9K | $88.0K |
| Operating Margin | -164.2% | -94.1% | -53.7% | -40.1% | -47.6% | -17.5% | 5.2% | 7.9% |
| Interest Expense | $24.1K | $63.1K | $93.6K | $124.5K | $102.3K | $122.8K | $55.8K | $39.7K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-633.1K | $-632.4K | $-511.6K | $-434.1K | $-142.8K | $-454.7K | $15.1K | $48.6K |
| Net Margin | -172.0% | -105.0% | -66.2% | -56.3% | -29.5% | -55.9% | 1.4% | 4.4% |
| EPS (Basic) | $-0.03 | $-0.03 | $-0.02 | $-0.02 | $-0.01 | $-0.02 | $0.00 | $0.00 |
| EPS (Diluted) | — | — | — | $-0.02 | $-0.01 | $-0.02 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 25.6M | 25.1M | 23.4M | 20.4M | 19.0M | 18.8M | 18.8M | 18.7M |
| Shares Outstanding (Diluted) | 25.6M | 25.1M | 23.4M | 20.4M | 19.0M | 18.8M | 18.8M | 18.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |