Recon Technology, Ltd.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|
| Revenue | $12.8M | $8.9M | $6.4M | $8.5M | $15.2M | $12.4M | $12.0M |
| Cost of Revenue | $12.2M | $6.5M | $5.3M | $6.8M | $9.9M | $8.3M | $8.1M |
| Gross Profit | $626.9K | $2.4M | $1.1M | $1.7M | $5.3M | $4.0M | $3.8M |
| Gross Margin | 4.9% | 26.6% | 17.0% | 19.6% | 34.7% | 32.7% | 32.1% |
| Operating Expenses | |||||||
| Research & Development | $485.8K | $1.1M | $1.0M | $684.7K | $1.3M | $1.4M | — |
| SG&A Expense | $5.2M | $4.8M | $3.0M | $5.0M | $2.6M | $1.8M | $3.6M |
| Operating Income | $-6.2M | $-4.5M | $-6.0M | $-5.8M | $459.8K | $-91.3K | $-559.8K |
| Operating Margin | -48.3% | -51.0% | -93.4% | -68.9% | 3.0% | -0.7% | -4.7% |
| Interest Expense | $135.6K | $81.0K | $136.0K | $182.4K | $154.8K | $251.6K | $152.4K |
| Pretax Income | $-6.9M | $-4.6M | $-6.1M | $-5.6M | $453.1K | $146.5K | $-590.9K |
| Income Tax Expense | $2.5K | $45.4K | $82.2K | $-419.1K | $156.2K | $46.4K | $-34.8K |
| Net Income | $-6.7M | $-4.6M | $-6.2M | $-4.7M | $131.1K | $6.4K | $-604.5K |
| Net Margin | -52.0% | -52.4% | -95.7% | -56.0% | 0.9% | 0.1% | -5.1% |
| EPS (Basic) | $-0.15 | $-0.18 | $-0.27 | $-0.27 | $0.01 | $0.00 | $-0.04 |
| EPS (Diluted) | $-0.15 | $-0.18 | $-0.27 | $-0.27 | $0.01 | $0.00 | $-0.04 |
| Shares Outstanding (Basic) | 73.5M | 39.6M | 22.6M | 19.5M | 17.2M | 15.8M | 15.8M |
| Shares Outstanding (Diluted) | 73.5M | 39.6M | 22.6M | 19.5M | 17.5M | 15.8M | 15.8M |
| Dividends Per Share | — | — | — | — | — | — | — |