R F INDUSTRIES LTD
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $80.6M | $64.9M | $72.2M | $72.2M | $57.4M | $43.0M | $55.3M | $50.2M |
| Cost of Revenue | $53.9M | $46.0M | $52.6M | $52.6M | $39.7M | $31.5M | $39.7M | $33.1M |
| Gross Profit | $26.7M | $18.9M | $19.5M | $19.5M | $17.8M | $11.6M | $15.6M | $17.1M |
| Gross Margin | 33.2% | 29.1% | 27.1% | 27.1% | 30.9% | 26.9% | 28.3% | 34.1% |
| Operating Expenses | ||||||||
| Research & Development | $3.0M | $2.8M | $3.2M | $3.2M | $1.5M | $2.0M | $1.5M | $1.5M |
| SG&A Expense | $22.0M | $18.9M | $20.2M | $20.2M | $11.9M | $10.0M | $9.7M | $8.2M |
| Operating Income | $1.8M | $-2.8M | $-3.8M | $-3.8M | $4.4M | $-403.0K | $4.5M | $7.4M |
| Operating Margin | 2.2% | -4.4% | -5.3% | -5.3% | 7.7% | -0.9% | 8.1% | 14.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $813.0K | $-3.8M | $-4.3M | $-4.3M | $7.2M | $-448.0K | $4.6M | $7.5M |
| Income Tax Expense | $738.0K | $2.8M | $-1.2M | $-1.2M | $1.0M | $-367.0K | $1.0M | $1.5M |
| Net Income | $75.0K | $-6.6M | $-3.1M | $-3.1M | $6.2M | $-81.0K | $3.5M | $5.8M |
| Net Margin | 0.1% | -10.2% | -4.3% | -4.3% | 10.8% | -0.2% | 6.4% | 11.6% |
| EPS (Basic) | $0.01 | $-0.63 | $-0.30 | $-0.30 | $0.62 | $-0.01 | $0.38 | $0.64 |
| EPS (Diluted) | $0.01 | $-0.63 | $-0.30 | $-0.30 | $0.61 | $-0.01 | $0.36 | $0.61 |
| Shares Outstanding (Basic) | 10.6M | 10.5M | 10.3M | 10.3M | 10.0M | 9.7M | 9.4M | 9.1M |
| Shares Outstanding (Diluted) | 10.8M | 10.5M | 10.3M | 10.3M | 10.2M | 9.7M | 9.9M | 9.6M |
| Dividends Per Share | — | — | — | — | — | $0.02 | $0.02 | $0.02 |