PRECISION OPTICS CORPORATION, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.1M | $19.1M | $21.0M | $15.7M | $10.7M | $9.9M | $6.8M | $4.0M |
| Cost of Revenue | $15.7M | $13.3M | $13.3M | $10.8M | $7.2M | $6.6M | $4.7M | $2.6M |
| Gross Profit | $3.4M | $5.8M | $7.7M | $4.9M | $3.4M | $3.4M | $2.1M | $1.5M |
| Gross Margin | 17.8% | 30.3% | 36.8% | 31.4% | 32.2% | 33.9% | 31.2% | 36.7% |
| Operating Expenses | ||||||||
| Research & Development | $1.2M | $981.8K | $992.4K | $666.5K | $624.3K | $886.1K | $505.3K | $456.4K |
| SG&A Expense | $7.8M | $7.5M | $7.4M | $5.6M | $3.7M | $3.9M | $2.1M | $1.4M |
| Operating Income | $-5.6M | $-2.7M | $-638.5K | $-1.5M | $-905.6K | $-1.4M | $-612.5K | $-348.6K |
| Operating Margin | -29.1% | -14.3% | -3.0% | -9.7% | -8.5% | -14.3% | -9.0% | -8.6% |
| Interest Expense | $227.0K | $225.1K | $218.9K | $155.7K | $5.3K | $1.0K | $1.4K | $1.9K |
| Pretax Income | $-5.8M | $-2.9M | $-142.7K | $-927.5K | $-101.9K | $-1.4M | $-614.0K | $-350.5K |
| Income Tax Expense | $1.9K | $1.9K | $1.9K | $952 | $912 | $2.2K | $912 | $912 |
| Net Income | $-5.8M | $-3.0M | $-144.6K | $-928.4K | $-102.8K | $-1.4M | $-614.9K | $-351.4K |
| Net Margin | -30.3% | -15.4% | -0.7% | -5.9% | -1.0% | -14.4% | -9.0% | -8.7% |
| EPS (Basic) | $-0.85 | $-0.49 | $-0.03 | $-0.18 | $-0.01 | $-0.11 | $-0.05 | $-0.04 |
| EPS (Diluted) | $-0.85 | $-0.49 | $-0.03 | $-0.18 | $-0.01 | $-0.11 | $-0.05 | $-0.04 |
| Shares Outstanding (Basic) | 6.8M | 6.1M | 5.7M | 5.3M | 13.3M | 13.0M | 11.5M | 9.8M |
| Shares Outstanding (Diluted) | 6.8M | 6.1M | 5.7M | 5.3M | 13.3M | 13.0M | 11.5M | 9.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |