SWK HOLDINGS CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.5M | $45.0M | $37.8M | $41.5M | $56.2M | $36.7M | $30.7M | $26.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $1.6M | $2.2M | $3.4M | $7.0M | $7.3M | $4.3M | $1.2M | — |
| SG&A Expense | $14.8M | $11.5M | $11.2M | $13.0M | $13.6M | $10.5M | $7.4M | $4.9M |
| Operating Income | $20.3M | $11.6M | $14.7M | $9.8M | $33.4M | $4.1M | $17.2M | $6.4M |
| Operating Margin | 48.9% | 25.8% | 38.8% | 23.7% | 59.5% | 11.2% | 55.9% | 24.6% |
| Interest Expense | $1.1M | $1.1M | $1.8M | $340.0K | $374.0K | $455.0K | $338.0K | $160.0K |
| Pretax Income | $20.1M | $18.4M | $14.6M | $9.5M | $33.0M | $3.7M | $16.8M | $6.2M |
| Income Tax Expense | $22.6M | $4.9M | $-1.3M | $-4.0M | $7.1M | $-1.5M | $-7.0M | $42.0K |
| Net Income | $-2.5M | $13.5M | $15.9M | $13.5M | $25.9M | $5.2M | $23.8M | $6.2M |
| Net Margin | -6.1% | 30.0% | 42.1% | 32.5% | 46.2% | 14.2% | 77.5% | 23.8% |
| EPS (Basic) | $-0.21 | $1.09 | $1.26 | $1.05 | $2.03 | $0.40 | $1.85 | $0.47 |
| EPS (Diluted) | $-0.21 | $1.09 | $1.25 | $1.05 | $2.02 | $0.40 | $1.85 | $0.47 |
| Shares Outstanding (Basic) | 12.2M | 12.4M | 12.7M | 12.8M | 12.8M | 12.9M | 12.9M | 13.1M |
| Shares Outstanding (Diluted) | 12.2M | 12.4M | 12.7M | 12.9M | 12.8M | 12.9M | 12.9M | 13.1M |
| Dividends Per Share | $4.00 | — | — | — | — | — | — | — |