SUMMIT NETWORKS INC.
Income Statement
| Line Item | FY2025 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|
| Revenue | $11.8K | $28.2K | $46.5K | $119.1K | $30.1K |
| Cost of Revenue | $12.7K | $21.3K | $30.3K | $88.7K | $23.0K |
| Gross Profit | $-870 | $6.9K | $16.2K | $30.4K | $7.1K |
| Gross Margin | -7.4% | 24.6% | 34.9% | 25.5% | 23.6% |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $320.2K | $21.1K | $25.7K | $54.8K | $2.0K |
| Operating Income | $-320.2K | $-14.2K | $-9.4K | $-22.9K | $5.1K |
| Operating Margin | -2,714.4% | -50.3% | -20.3% | -19.2% | 16.9% |
| Interest Expense | $10.0K | — | — | — | — |
| Pretax Income | $-331.1K | $-14.2K | $-9.4K | $-24.4K | $5.1K |
| Income Tax Expense | — | — | — | $-1.5K | — |
| Net Income | $-331.1K | $-14.2K | $-9.4K | $-22.9K | $5.1K |
| Net Margin | -2,806.4% | -50.3% | -20.3% | -19.2% | 16.9% |
| EPS (Basic) | $-0.05 | $-0.03 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.05 | $-0.03 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 68.9M | — | 55.0M | 55.0M | 44.0M |
| Shares Outstanding (Diluted) | 68.9M | 55.0M | 55.0M | 55.0M | 44.0M |
| Dividends Per Share | — | — | — | — | — |