OPTICAL CABLE CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $73.0M | $66.7M | $72.2M | $69.1M | $59.1M | $55.3M | $71.3M | $87.8M |
| Cost of Revenue | $50.4M | $48.5M | $49.9M | $48.6M | $42.9M | $41.2M | $53.0M | $60.0M |
| Gross Profit | $22.6M | $18.2M | $22.3M | $20.5M | $16.3M | $14.1M | $18.3M | $27.9M |
| Gross Margin | 30.9% | 27.3% | 30.9% | 29.7% | 27.5% | 25.5% | 25.7% | 31.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $23.0M | $21.5M | $21.2M | $20.0M | $18.2M | $19.2M | $23.4M | $26.1M |
| Operating Income | $-450.3K | $-3.4M | $993.1K | $472.9K | $-2.0M | $-5.5M | $-5.2M | $1.7M |
| Operating Margin | -0.6% | -5.1% | 1.4% | 0.7% | -3.3% | -10.0% | -7.2% | 2.0% |
| Interest Expense | — | — | $1.2M | $768.3K | $690.4K | $569.8K | $521.1K | $608.4K |
| Pretax Income | $-1.4M | $-4.2M | $2.2M | $-322.4K | $6.6M | $-6.1M | $-5.7M | $1.1M |
| Income Tax Expense | $30.3K | $20.7K | $145.7K | $24.7K | $-19.9K | $18.0K | $-5.8K | $-16.7K |
| Net Income | $-1.5M | $-4.2M | $2.1M | $-347.1K | $6.6M | $-6.1M | $-5.7M | $1.1M |
| Net Margin | -2.0% | -6.3% | 2.9% | -0.5% | 11.2% | -11.1% | -7.9% | 1.2% |
| EPS (Basic) | $-0.18 | $-0.54 | $0.26 | $-0.05 | $0.87 | $-0.83 | $-0.77 | $0.14 |
| EPS (Diluted) | — | — | — | — | $0.87 | $-0.83 | $-0.77 | $0.14 |
| Shares Outstanding (Basic) | 8.0M | 7.7M | 7.9M | 7.5M | 7.6M | 7.4M | 7.5M | 7.7M |
| Shares Outstanding (Diluted) | 8.0M | 7.7M | 7.9M | 7.5M | 7.6M | 7.4M | 7.5M | 7.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |