Maris-Tech (MTEK) Income Statement: Revenue & Earnings

Maris-Tech Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Maris-Tech Ltd. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	6.08	4.03	2.50	2.08	0.99
Cost of Revenue	2.56	2.10	1.72	1.11	0.50
Gross Profit	3.52	1.93	0.78	0.97	0.49
Operating Expenses
Research & Development	0.93	1.05	1.02	0.71	0.78
Selling, General & Administrative	3.94	3.80	3.44	0.84	0.10
Operating Expenses	4.86	4.86	4.47	1.54	0.88
Operating Income	-1.35	-2.93	-3.68	-0.57	-0.39
Other Income/Expense
Interest Income	0.11	0.25	0.09	0.00	0.00
Interest Expense	0.01	0.00	0.00	0.25	-0.25
Other Income/Expense	-2.58	-0.01	-0.08	-0.08	0.00
Income
Income Before Tax	-1.23	-2.71	-3.69	-0.82	-0.64
Income Tax Expense	0.00	0.00	0.00	0.00	0.00
Net Income	-1.23	-2.71	-3.69	-0.82	-0.64
Net Income - Continuous Operations	-1.23	-2.71	-3.69	-0.82	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-1.25	-2.87	-3.67	-0.57	-0.39
EBIT	-1.35	-2.93	-3.68	-0.57	-0.39
Depreciation & Amortization	0.10	0.06	0.02	0.01	0.00
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	7.89	7.91	7.53	6.67	2.48
Diluted Shares Outstanding	7.89	7.91	7.53	6.67	2.48