Recon Technology, Ltd.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.2M | $9.3M | $9.5M | $9.3M | $12.5M | $7.4M | $9.3M | $14.9M |
| Cost of Revenue | $10.8M | $7.1M | $6.6M | $6.7M | $9.6M | $6.3M | $6.5M | $10.6M |
| Gross Profit | $5.4M | $2.1M | $2.9M | $2.6M | $2.9M | $1.1M | $2.8M | $4.3M |
| Gross Margin | 33.2% | 23.0% | 30.3% | 28.1% | 23.2% | 15.1% | 29.8% | 29.2% |
| Operating Expenses | ||||||||
| Research & Development | $1.9M | $2.3M | $2.0M | $1.2M | $1.3M | $905.3K | $996.1K | $456.3K |
| SG&A Expense | $8.2M | $6.9M | $8.8M | $10.6M | $12.4M | $7.1M | $3.7M | $6.0M |
| Operating Income | $-6.1M | $-8.0M | $-9.9M | $-9.6M | $-12.3M | $-9.5M | $-2.9M | $-3.5M |
| Operating Margin | -37.5% | -86.5% | -104.0% | -103.3% | -98.3% | -128.5% | -30.7% | -23.7% |
| Interest Expense | — | — | — | $346.8K | $227.3K | $342.2K | $205.4K | $231.4K |
| Pretax Income | — | — | $-7.1M | $-8.5M | $14.0M | $-4.1M | $-2.8M | $-3.7M |
| Income Tax Expense | $-237 | $221 | $4 | $2.5K | $-91.7K | $-81.2K | $39.9K | $58.0K |
| Net Income | $-4.4M | $-5.9M | $-6.9M | $-8.2M | $14.3M | $-3.5M | $-2.7M | $-3.7M |
| Net Margin | -27.0% | -64.3% | -72.4% | -88.2% | 114.1% | -47.6% | -29.3% | -24.8% |
| EPS (Basic) | $-39.28 | $-0.65 | $-0.68 | $-0.95 | $0.12 | $-0.07 | $-0.15 | $-0.05 |
| EPS (Diluted) | $-39.28 | $-0.65 | $-0.68 | $-0.95 | $0.12 | $-0.07 | $-0.15 | $-0.05 |
| Shares Outstanding (Basic) | 111.3K | 9.1M | 5.0M | 2.2M | 3.4M | 3.0M | 18.5M | 18.4M |
| Shares Outstanding (Diluted) | 111.3K | 9.1M | 5.0M | 2.2M | 3.4M | 3.0M | 18.5M | 18.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |