Taitron Components Incorporated
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.1M | $6.1M | $8.4M | $8.6M | $6.7M | $6.8M | $8.2M | $7.6M |
| Cost of Revenue | $2.0M | $2.7M | $4.0M | $4.5M | $3.4M | $3.7M | $4.6M | $4.6M |
| Gross Profit | $2.1M | $3.4M | $4.4M | $4.1M | $3.3M | $3.1M | $3.6M | $3.0M |
| Gross Margin | 51.1% | 56.5% | 52.2% | 47.7% | 49.0% | 45.3% | 44.0% | 39.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.2M | $2.2M | $2.2M | $2.0M | $2.2M | $2.4M | $2.2M | $2.2M |
| Operating Income | $-104.0K | $1.2M | $2.2M | $2.1M | $1.1M | $698.0K | $1.4M | $791.0K |
| Operating Margin | -2.5% | 19.6% | 26.5% | 24.2% | 15.7% | 10.3% | 17.3% | 10.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.4M | $2.3M | $1.8M | $2.4M | $1.4M | $806.0K | $1.4M | $701.0K |
| Income Tax Expense | $513.0K | $412.0K | $-1.4M | $388.0K | $4.0K | $0 | $6.0K | $5.0K |
| Net Income | $902.0K | $1.8M | $3.2M | $2.0M | $1.4M | $773.0K | $1.4M | $701.0K |
| Net Margin | 21.8% | 30.2% | 38.1% | 23.3% | 20.3% | 11.4% | 16.8% | 9.2% |
| EPS (Basic) | — | — | — | — | — | — | $0.25 | $0.13 |
| EPS (Diluted) | — | — | — | — | — | — | $0.24 | $0.12 |
| Shares Outstanding (Basic) | 6.0M | 6.0M | 6.0M | 5.8M | 5.8M | 5.7M | 5.6M | 5.6M |
| Shares Outstanding (Diluted) | 6.0M | 6.0M | 6.0M | 5.9M | 5.9M | 5.8M | 5.7M | 5.6M |
| Dividends Per Share | $0.20 | $0.20 | $0.29 | $0.17 | $0.15 | $0.13 | $0.11 | $0.10 |