UNITED-GUARDIAN, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.5M | $12.2M | $10.9M | $12.7M | $13.9M | $11.0M | $13.6K | $13.4M |
| Cost of Revenue | $5.4M | $5.7M | $5.5M | $6.0M | $5.7M | $4.9M | $5.7M | $5.3M |
| Gross Profit | $5.1M | $6.5M | $5.4M | $6.7M | $8.2M | $6.1M | $-5.6M | $8.1M |
| Gross Margin | 48.8% | 53.0% | 49.7% | 52.8% | 58.7% | 55.6% | -41,501.0% | 60.3% |
| Operating Expenses | ||||||||
| Research & Development | $463.6K | $456.8K | $464.0K | $490.8K | $478.6K | $451.2K | $397.4K | $399.5K |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $2.2M | $3.6M | $2.9M | $4.0M | $5.7M | $3.6M | $5.4M | $5.6M |
| Operating Margin | 21.3% | 29.9% | 26.3% | 31.8% | 40.7% | 33.1% | 39,678.9% | 41.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $2.6M | $4.1M | $3.3M | $3.2M | $5.9M | $4.2M | $6.0M | $5.5M |
| Income Tax Expense | $537.3K | $857.6K | $669.4K | $658.2K | $1.2M | $856.0K | $1.3M | $1.1M |
| Net Income | $2.1M | $3.3M | $2.6M | $2.6M | $4.7M | $3.3M | $4.8M | $4.4M |
| Net Margin | 20.0% | 26.7% | 23.7% | 20.2% | 33.4% | 30.1% | 35,014.9% | 32.4% |
| EPS (Basic) | $0.46 | $0.71 | $0.56 | $0.56 | $1.01 | $0.72 | $1.04 | $0.95 |
| EPS (Diluted) | — | — | — | — | $1.01 | $0.72 | $1.04 | $0.95 |
| 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 | — | $0.60 | $0.10 | — | — | — | $1.10 | $1.05 |