XMax Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $106.5M | $92.6M | $89.9M | $98.7M | $78.4M | $66.3M | $43.2M | $28.8M |
| Cost of Revenue | $86.1M | $79.1M | $74.7M | $79.3M | $63.0M | $51.6M | $31.0M | $21.2M |
| Gross Profit | $20.4M | $13.5M | $15.3M | $19.4M | $15.4M | $14.7M | $12.1M | $7.6M |
| Gross Margin | 19.2% | 14.6% | 17.0% | 19.6% | 19.6% | 22.2% | 28.1% | 26.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | $1.1M | $1.2M | $426.7K | $497.9K | $164.7K | — |
| SG&A Expense | $9.5M | $9.0M | $6.0M | $7.8M | $5.9M | $4.8M | $3.3M | $1.2M |
| Operating Income | $6.8M | $-766.1K | $4.6M | $5.3M | $6.1M | $6.7M | $6.9M | $5.3M |
| Operating Margin | 6.4% | -0.8% | 5.1% | 5.3% | 7.7% | 10.0% | 16.1% | 18.3% |
| Interest Expense | $174.3K | $283.8K | $275.6K | $158.3K | — | — | — | — |
| Pretax Income | $6.5M | $-1.1M | $3.6M | $9.5M | $5.5M | $6.5M | $6.8M | $5.2M |
| Income Tax Expense | $2.8M | $-836.6K | $161.4K | $980.7K | $599.3K | $1.1M | $1.5M | $1.0M |
| Net Income | $3.8M | $-1.1M | $2.2M | $8.6M | $4.9M | $5.4M | $5.4M | $4.2M |
| Net Margin | 3.5% | -1.2% | 2.4% | 8.7% | 6.2% | 8.2% | 12.4% | 14.6% |
| EPS (Basic) | $0.03 | $-0.01 | $0.02 | $0.08 | $0.05 | $0.06 | $0.07 | $0.09 |
| EPS (Diluted) | $0.03 | $-0.01 | $0.02 | $0.08 | $0.05 | $0.06 | $0.07 | $0.09 |
| Shares Outstanding (Basic) | 138.4M | 127.2M | 114.1M | 101.9M | 94.4M | 92.7M | 72.5M | 48.4M |
| Shares Outstanding (Diluted) | 138.8M | 127.2M | 114.1M | 102.4M | 95.6M | 93.4M | 73.5M | 48.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |