UNITED-GUARDIAN, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.0M | $10.8M | $14.0M | $13.4M | $15.4M | $13.8M | $14.3M | $13.7M |
| Cost of Revenue | $5.3M | $4.9M | $5.2M | $5.3M | $5.6M | $5.2M | $5.7M | $5.3M |
| Gross Profit | $7.7M | $5.9M | $8.8M | $8.1M | $9.8M | $8.6M | $8.7M | $8.5M |
| Gross Margin | 59.1% | 54.7% | 62.9% | 60.5% | 63.6% | 62.3% | 60.6% | 61.7% |
| Operating Expenses | ||||||||
| Research & Development | $646.1K | $651.8K | $648.2K | $730.4K | $717.0K | $693.0K | $637.0K | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $5.2M | $3.4M | $6.3M | $5.5M | $7.3M | $6.1M | $6.1M | $5.1M |
| Operating Margin | 40.4% | 31.5% | 44.9% | 40.8% | 47.4% | 44.1% | 42.8% | 36.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $5.6M | $3.7M | $6.6M | $5.8M | $8.6M | $6.9M | $6.9M | $5.5M |
| Income Tax Expense | $1.7M | $1.1M | $2.0M | $1.7M | $2.7M | $2.1M | $2.2M | $1.7M |
| Net Income | $3.8M | $2.6M | $4.6M | $4.1M | $5.9M | $4.8M | $4.7M | $3.8M |
| Net Margin | 29.6% | 24.0% | 32.9% | 30.1% | 38.3% | 34.9% | 32.9% | 27.7% |
| EPS (Basic) | $0.84 | $0.56 | $1.00 | $0.88 | $1.28 | $1.05 | $1.03 | $0.80 |
| EPS (Diluted) | $0.84 | $0.56 | $1.00 | $0.88 | $1.28 | $1.05 | $1.03 | $0.80 |
| Shares Outstanding (Basic) | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M |
| Shares Outstanding (Diluted) | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |