RELIABILITY INCORPORATED
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.7M | $24.0M | $21.5M | $25.7M | $26.2M | $29.2M | $38.4M | $37.6M |
| Cost of Revenue | $17.8M | $20.8M | $18.4M | $22.2M | $23.0M | $25.7M | $34.4M | $33.8M |
| Gross Profit | $3.0M | $3.2M | $3.0M | $3.5M | $3.3M | $3.5M | $4.1M | $3.9M |
| Gross Margin | 14.2% | 13.3% | 14.2% | 13.6% | 12.4% | 11.9% | 10.6% | 10.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $3.8M | $3.9M | $3.8M | $4.4M | $3.6M | $4.5M | $3.0M | $2.8M |
| Operating Income | $-830.0K | $-707.0K | $-749.0K | $-906.0K | $-301.0K | $-988.0K | $1.1M | $1.1M |
| Operating Margin | -4.0% | -2.9% | -3.5% | -3.5% | -1.1% | -3.4% | 2.8% | 2.8% |
| Interest Expense | $105.0K | $108.0K | $92.0K | $171.0K | $39.0K | $281.0K | $438.0K | $328.0K |
| Pretax Income | $-650.0K | $-594.0K | $-726.0K | $-569.0K | $8.9M | $-1.2M | $508.0K | $568.0K |
| Income Tax Expense | $14.0K | — | $14.0K | $170.0K | $984.0K | $-230.0K | $156.0K | $182.0K |
| Net Income | $-664.0K | $-594.0K | $-740.0K | $-739.0K | $7.9M | $-789.0K | $195.0K | $386.0K |
| Net Margin | -3.2% | -2.5% | -3.4% | -2.9% | 30.1% | -2.7% | 0.5% | 1.0% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 300.0M | 300.0M | 300.0M | 300.0M | 300.0M | 300.0M | 300.0M | 282.0M |
| Shares Outstanding (Diluted) | 300.0M | 300.0M | 300.0M | 300.0M | 300.0M | 300.0M | 300.0M | 282.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |