UNIVERSAL SAFETY PRODUCTS, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.9M | $14.1M | $13.7M | $9.9M | $12.6M | $90.4K | $56.2K | $13.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $4.5M | $4.1M | $3.8M | $2.3M | $2.8M | $4.3M | $3.5M | $3.8M |
| Gross Margin | 30.6% | 29.5% | 27.5% | 23.5% | 22.6% | 4,800.6% | 6,249.7% | 28.4% |
| Operating Expenses | ||||||||
| Research & Development | $653.9K | $682.5K | $665.3K | $776.8K | $592.5K | $543.1K | $571.0K | $615.6K |
| SG&A Expense | $4.6M | $4.4M | $4.5M | $4.2M | $4.3M | $5.0M | $4.4M | $4.4M |
| Operating Income | $-726.2K | $-978.1K | $-1.4M | $-2.6M | $-2.0M | $-1.2M | $-1.4M | $-1.2M |
| Operating Margin | -4.9% | -6.9% | -9.9% | -26.5% | -15.9% | -1,340.2% | -2,580.1% | -9.3% |
| Interest Expense | $213.1K | — | — | — | — | — | $0 | $4.2K |
| Pretax Income | $-2.3M | $-2.1M | $-2.1M | $-3.7M | $-2.1M | $-398.7K | $-892.9K | $-1.0M |
| Income Tax Expense | $0 | $0 | $0 | $-25.0K | $2.3M | $53.9K | $-389.6K | $-146.9K |
| Net Income | $-2.3M | $-2.1M | $-2.1M | $-3.7M | $-4.5M | $-452.6K | $-503.3K | $817.8K |
| Net Margin | -15.2% | -14.6% | -15.6% | -37.5% | -35.4% | -500.4% | -895.8% | 6.2% |
| EPS (Basic) | $-0.98 | $-0.89 | $-0.92 | $-1.60 | $-1.94 | $-0.20 | $-0.21 | $0.34 |
| EPS (Diluted) | $-0.98 | $-0.89 | $-0.92 | $-1.60 | $-1.94 | $-0.20 | $-0.21 | $0.34 |
| Shares Outstanding (Basic) | 2.3M | 2.3M | 2.3M | 2.3M | 2.3M | 2.3M | 2.4M | 2.4M |
| Shares Outstanding (Diluted) | 2.3M | 2.3M | 2.3M | 2.3M | 2.3M | 2.3M | 2.4M | 2.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |