Omega Flex, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $101.8M | $94.1M | $93.3M | $85.2M | $77.1M | $64.0M | $54.2M | $46.9M |
| Cost of Revenue | $40.0M | $36.2M | $36.1M | $35.2M | $35.2M | $31.1M | $26.5M | $22.6M |
| Gross Profit | $61.8M | $57.9M | $57.1M | $50.0M | $41.9M | $32.9M | $27.7M | $24.3M |
| Gross Margin | 60.7% | 61.5% | 61.3% | 58.7% | 54.3% | 51.4% | 51.1% | 51.8% |
| Operating Expenses | ||||||||
| Research & Development | $923.0K | $788.0K | $876.0K | $904.0K | $720.0K | $807.0K | $850.0K | — |
| SG&A Expense | $17.9M | $17.1M | $15.7M | $12.4M | $11.1M | $12.0M | $7.7M | $6.4M |
| Operating Income | $24.2M | $21.9M | $23.5M | $20.6M | $15.0M | $10.7M | $6.7M | $6.7M |
| Operating Margin | 23.8% | 23.3% | 25.2% | 24.2% | 19.5% | 16.8% | 12.4% | 14.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $24.3M | $21.5M | $23.6M | $20.6M | $15.0M | $10.9M | $6.7M | $6.7M |
| Income Tax Expense | $8.5M | $7.0M | $7.6M | $-7.0M | $4.9M | $4.0M | $2.1M | $2.2M |
| Net Income | $15.7M | $14.4M | $15.8M | $13.5M | $10.0M | $6.9M | $4.6M | $4.6M |
| Net Margin | 15.4% | 15.3% | 16.9% | 15.8% | 13.0% | 10.7% | 8.6% | 9.7% |
| EPS (Basic) | $1.55 | $1.42 | $1.56 | $1.33 | $0.99 | $0.68 | $0.46 | $0.45 |
| EPS (Diluted) | $1.55 | $1.42 | $1.56 | $1.33 | $0.99 | $0.68 | $0.46 | $0.45 |
| Shares Outstanding (Basic) | 10.1M | 10.1M | 10.1M | 10.1M | 10.1M | 10.1K | 10.1M | 10.1M |
| Shares Outstanding (Diluted) | 10.1M | 10.1M | 10.1M | 10.1M | 10.1M | 10.1K | 10.1M | 10.1M |
| Dividends Per Share | $0.66 | $0.85 | $0.85 | — | — | — | — | — |