UTG, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $42.3M | $84.9M | $26.3M | $69.7M | $35.6M | $27.3M | $44.2M | $41.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $8.0M | $7.5M | $7.9M | $7.9M | $6.8M | $7.3M | $7.4M | $7.1M |
| Operating Income | $21.9M | $63.2M | $2.8M | $44.0M | $11.8M | $2.6M | $20.2M | $16.5M |
| Operating Margin | 51.6% | 74.4% | 10.8% | 63.2% | 33.2% | 9.4% | 45.7% | 40.0% |
| Interest Expense | $0 | $11.6K | $28.4K | $108.7K | $4.1K | $0 | — | — |
| Pretax Income | $21.9M | $63.2M | $2.8M | $43.9M | $11.8M | $2.6M | $20.2M | $16.5M |
| Income Tax Expense | $4.7M | $13.1M | $41.8K | $9.6M | $2.1M | $340.5K | $3.6M | $3.9M |
| Net Income | $17.1M | $50.0M | $2.7M | $34.3M | $9.7M | $2.1M | $16.3M | $12.4M |
| Net Margin | 40.3% | 58.9% | 10.1% | 49.1% | 27.1% | 7.7% | 36.8% | 30.0% |
| EPS (Basic) | $5.42 | $15.80 | $0.84 | $10.81 | $3.05 | $0.65 | $4.95 | $3.75 |
| EPS (Diluted) | $5.42 | $15.80 | $0.84 | $10.81 | $3.05 | $0.65 | $4.95 | $3.75 |
| Shares Outstanding (Basic) | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.3M | 3.3M |
| Shares Outstanding (Diluted) | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.3M | 3.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |