ADDvantage Technologies Group Inc
NASDAQ:AEY
Income Statement
Earnings Waterfall
ADDvantage Technologies Group Inc
Revenue
|
56.7m
USD
|
Cost of Revenue
|
-41.8m
USD
|
Gross Profit
|
14.9m
USD
|
Operating Expenses
|
-22.3m
USD
|
Operating Income
|
-7.4m
USD
|
Other Expenses
|
-1.4m
USD
|
Net Income
|
-8.8m
USD
|
Income Statement
ADDvantage Technologies Group Inc
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
29
N/A
|
27
-6%
|
28
+6%
|
31
+10%
|
36
+14%
|
41
+13%
|
44
+8%
|
46
+6%
|
44
-5%
|
41
-6%
|
40
-2%
|
39
-5%
|
39
+0%
|
43
+10%
|
43
+2%
|
46
+7%
|
26
-44%
|
49
+89%
|
39
-21%
|
33
-14%
|
27
-18%
|
22
-20%
|
34
+53%
|
44
+29%
|
55
+26%
|
62
+13%
|
61
-1%
|
56
-9%
|
50
-10%
|
49
-2%
|
50
+1%
|
55
+10%
|
62
+14%
|
68
+10%
|
79
+16%
|
90
+14%
|
96
+7%
|
97
+1%
|
88
-9%
|
72
-18%
|
57
-22%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(20)
|
(19)
|
(20)
|
(22)
|
(24)
|
(27)
|
(28)
|
(30)
|
(28)
|
(27)
|
(27)
|
(26)
|
(26)
|
(29)
|
(29)
|
(32)
|
(19)
|
(35)
|
(28)
|
(24)
|
(20)
|
(16)
|
(25)
|
(32)
|
(42)
|
(47)
|
(50)
|
(45)
|
(39)
|
(37)
|
(34)
|
(39)
|
(46)
|
(51)
|
(59)
|
(66)
|
(69)
|
(69)
|
(63)
|
(52)
|
(42)
|
|
Gross Profit |
9
N/A
|
8
-9%
|
8
+5%
|
10
+16%
|
12
+20%
|
14
+17%
|
16
+15%
|
17
+6%
|
15
-7%
|
14
-7%
|
14
-5%
|
13
-5%
|
12
-4%
|
14
+10%
|
14
+1%
|
14
+2%
|
7
-50%
|
14
+100%
|
11
-22%
|
9
-16%
|
7
-20%
|
6
-23%
|
9
+50%
|
11
+30%
|
13
+20%
|
15
+14%
|
11
-26%
|
11
-4%
|
12
+6%
|
12
+0%
|
15
+31%
|
15
+1%
|
16
+4%
|
17
+6%
|
20
+15%
|
24
+20%
|
27
+15%
|
28
+3%
|
25
-8%
|
21
-19%
|
15
-28%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6)
|
(6)
|
(7)
|
(9)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(10)
|
(15)
|
(12)
|
(11)
|
(10)
|
(10)
|
(14)
|
(16)
|
(18)
|
(20)
|
(21)
|
(21)
|
(21)
|
(30)
|
(22)
|
(24)
|
(25)
|
(23)
|
(27)
|
(28)
|
(28)
|
(27)
|
(26)
|
(24)
|
(22)
|
|
Selling, General & Administrative |
(6)
|
(6)
|
(7)
|
(9)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(10)
|
(15)
|
(12)
|
(11)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(15)
|
(14)
|
(13)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(4)
|
(6)
|
(8)
|
(8)
|
(8)
|
(8)
|
(17)
|
(8)
|
(9)
|
(9)
|
(7)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(8)
|
|
Operating Income |
3
N/A
|
2
-29%
|
1
-44%
|
1
-11%
|
1
+8%
|
2
+47%
|
2
+54%
|
3
+25%
|
3
-17%
|
2
-26%
|
2
-6%
|
1
-30%
|
0
-73%
|
1
+100%
|
0
-35%
|
0
-91%
|
(3)
N/A
|
(1)
+81%
|
(1)
-162%
|
(2)
-47%
|
(3)
-36%
|
(5)
-59%
|
(5)
-12%
|
(5)
+8%
|
(4)
+7%
|
(5)
-9%
|
(10)
-106%
|
(10)
-2%
|
(9)
+7%
|
(19)
-101%
|
(6)
+65%
|
(8)
-25%
|
(9)
-15%
|
(6)
+32%
|
(7)
-17%
|
(4)
+44%
|
(0)
+89%
|
1
N/A
|
(0)
N/A
|
(4)
-1 380%
|
(7)
-100%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(9)
|
(9)
|
0
|
(1)
|
0
|
3
|
0
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
3
N/A
|
2
-29%
|
1
-45%
|
1
-19%
|
1
-2%
|
1
+50%
|
2
+61%
|
3
+31%
|
2
-18%
|
2
-28%
|
2
-7%
|
1
-24%
|
0
-59%
|
1
+64%
|
1
-32%
|
(0)
N/A
|
(3)
-4 013%
|
(1)
+71%
|
(2)
-116%
|
(3)
-31%
|
(4)
-61%
|
(5)
-16%
|
(5)
-5%
|
(5)
+12%
|
(4)
+12%
|
(5)
-17%
|
(18)
-281%
|
(19)
-6%
|
(19)
+3%
|
(19)
-1%
|
(7)
+62%
|
(8)
-13%
|
(7)
+20%
|
(7)
-1%
|
(5)
+25%
|
(2)
+61%
|
(1)
+45%
|
0
N/A
|
(1)
N/A
|
(5)
-420%
|
(9)
-92%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
0
|
0
|
1
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
2
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
1
|
0
|
1
|
0
|
(0)
|
(2)
|
(1)
|
(2)
|
(2)
|
(5)
|
(6)
|
(7)
|
(6)
|
(4)
|
(5)
|
(18)
|
(18)
|
(17)
|
(18)
|
(6)
|
(8)
|
(7)
|
(7)
|
(5)
|
(2)
|
(1)
|
0
|
(1)
|
(5)
|
(9)
|
|
Net Income (Common) |
2
N/A
|
1
-37%
|
(0)
N/A
|
(0)
-100%
|
(0)
+96%
|
0
N/A
|
1
+448%
|
2
+39%
|
2
-21%
|
1
-27%
|
1
-7%
|
1
-31%
|
0
-59%
|
1
+72%
|
0
-28%
|
(0)
N/A
|
(0)
-233%
|
(1)
-930%
|
(1)
-26%
|
(3)
-111%
|
(7)
-167%
|
(8)
-5%
|
(9)
-13%
|
(9)
+0%
|
(5)
+38%
|
(6)
-13%
|
(19)
-224%
|
(18)
+8%
|
(17)
+3%
|
(18)
-1%
|
(6)
+66%
|
(8)
-36%
|
(7)
+20%
|
(7)
-1%
|
(5)
+25%
|
(2)
+61%
|
(1)
+44%
|
0
N/A
|
(1)
N/A
|
(5)
-422%
|
(9)
-92%
|
|
EPS (Diluted) |
1.65
N/A
|
1.05
-36%
|
-0.13
N/A
|
-0.27
-108%
|
-0.01
+96%
|
0.25
N/A
|
1.35
+440%
|
1.89
+40%
|
1.49
-21%
|
1.09
-27%
|
1
-8%
|
0.68
-32%
|
0.29
-57%
|
0.49
+69%
|
0.34
-31%
|
-0.04
N/A
|
-0.09
-125%
|
-1
-1 011%
|
-1.23
-23%
|
-2.66
-116%
|
-7.1
-167%
|
-7.36
-4%
|
-8.28
-13%
|
-8.26
+0%
|
-5.09
+38%
|
-5.75
-13%
|
-18.68
-225%
|
-15.99
+14%
|
-15.47
+3%
|
-14.52
+6%
|
-4.81
+67%
|
-6.48
-35%
|
-5.24
+19%
|
-5.17
+1%
|
-3.74
+28%
|
-1.43
+62%
|
-0.77
+46%
|
0.35
N/A
|
-0.67
N/A
|
-3.27
-388%
|
-6.15
-88%
|