NOCOPI TECHNOLOGIES, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2014 | 64.9% | 3.1% | 0.8% |
| FY2015 | 65.0% | -4.1% | -1.9% |
| FY2016 | 68.0% | 19.6% | 18.7% |
| FY2017 | 71.7% | 25.9% | 24.3% |
| FY2018 | 83.2% | 56.0% | 49.5% |
| FY2019 | 66.8% | 31.8% | 29.8% |
| FY2020 | 57.7% | 18.0% | 19.1% |
| FY2021 | 62.2% | 1.3% | 2.5% |
| FY2022 | 84.3% | 44.2% | 39.2% |
| FY2023 | 52.9% | -89.8% | -68.9% |