Chembio Diagnostics Inc
NASDAQ:CEMI
Income Statement
Earnings Waterfall
Chembio Diagnostics Inc
Revenue
|
49.5m
USD
|
Cost of Revenue
|
-38.6m
USD
|
Gross Profit
|
10.9m
USD
|
Operating Expenses
|
-31.3m
USD
|
Operating Income
|
-20.4m
USD
|
Other Expenses
|
-2.9m
USD
|
Net Income
|
-23.3m
USD
|
Income Statement
Chembio Diagnostics Inc
Dec-2012 | Mar-2013 | Jun-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
26
N/A
|
26
+0%
|
25
-3%
|
30
+18%
|
30
0%
|
29
-3%
|
31
+7%
|
28
-8%
|
28
-3%
|
28
+2%
|
27
-2%
|
27
-2%
|
24
-10%
|
25
+2%
|
21
-14%
|
18
-15%
|
18
-1%
|
18
-2%
|
18
+5%
|
22
+21%
|
24
+8%
|
25
+6%
|
31
+20%
|
33
+7%
|
35
+5%
|
35
+2%
|
36
+2%
|
36
0%
|
35
-3%
|
33
-5%
|
29
-14%
|
29
+2%
|
32
+12%
|
34
+6%
|
36
+4%
|
37
+5%
|
48
+28%
|
58
+21%
|
61
+5%
|
60
-1%
|
50
-17%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(15)
|
(15)
|
(15)
|
(17)
|
(17)
|
(17)
|
(18)
|
(17)
|
(17)
|
(17)
|
(16)
|
(15)
|
(14)
|
(14)
|
(12)
|
(9)
|
(9)
|
(9)
|
(10)
|
(12)
|
(13)
|
(14)
|
(18)
|
(21)
|
(23)
|
(24)
|
(24)
|
(23)
|
(23)
|
(22)
|
(21)
|
(22)
|
(24)
|
(23)
|
(21)
|
(22)
|
(34)
|
(46)
|
(50)
|
(52)
|
(39)
|
|
Gross Profit |
11
N/A
|
10
-6%
|
10
-3%
|
12
+24%
|
12
+1%
|
12
-3%
|
13
+6%
|
11
-11%
|
11
-3%
|
11
+4%
|
11
+0%
|
12
+2%
|
10
-9%
|
11
+5%
|
10
-13%
|
9
-10%
|
8
-1%
|
8
-1%
|
9
+4%
|
10
+18%
|
11
+8%
|
12
+6%
|
12
+6%
|
12
-7%
|
12
+4%
|
12
-2%
|
12
+2%
|
13
+4%
|
12
-3%
|
11
-9%
|
8
-31%
|
7
-4%
|
9
+18%
|
11
+31%
|
14
+26%
|
16
+9%
|
13
-15%
|
12
-12%
|
10
-11%
|
8
-25%
|
11
+41%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(14)
|
(15)
|
(14)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(17)
|
(17)
|
(18)
|
(17)
|
(18)
|
(18)
|
(20)
|
(21)
|
(23)
|
(25)
|
(25)
|
(25)
|
(25)
|
(26)
|
(31)
|
(33)
|
(36)
|
(38)
|
(37)
|
(37)
|
(35)
|
(34)
|
(31)
|
|
Selling, General & Administrative |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(13)
|
(14)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(21)
|
(23)
|
(25)
|
(25)
|
(25)
|
(26)
|
(25)
|
(25)
|
(24)
|
|
Research & Development |
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(8)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(11)
|
(11)
|
(9)
|
(7)
|
|
Operating Income |
1
N/A
|
1
-16%
|
0
-73%
|
2
+473%
|
1
-47%
|
0
-87%
|
0
+115%
|
(1)
N/A
|
(2)
-47%
|
(2)
-32%
|
(3)
-33%
|
(3)
-12%
|
(4)
-17%
|
(3)
+12%
|
(5)
-47%
|
(6)
-34%
|
(8)
-22%
|
(9)
-15%
|
(9)
+2%
|
(7)
+18%
|
(6)
+7%
|
(6)
+15%
|
(5)
+8%
|
(7)
-34%
|
(8)
-12%
|
(10)
-27%
|
(11)
-16%
|
(13)
-11%
|
(13)
-1%
|
(14)
-7%
|
(17)
-26%
|
(18)
-8%
|
(22)
-19%
|
(22)
-1%
|
(22)
+2%
|
(22)
-2%
|
(24)
-9%
|
(25)
-5%
|
(25)
+1%
|
(26)
-3%
|
(20)
+21%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
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)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Non-Reccuring Items |
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)
|
(2)
|
(2)
|
(1)
|
(0)
|
(2)
|
(2)
|
(7)
|
(10)
|
(8)
|
(8)
|
(3)
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
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
|
0
|
0
|
0
|
0
|
0
|
3
|
|
Pre-Tax Income |
1
N/A
|
1
-16%
|
0
-72%
|
2
+462%
|
1
-46%
|
0
-84%
|
0
+81%
|
(1)
N/A
|
(2)
-48%
|
(2)
-32%
|
(3)
-32%
|
(3)
-12%
|
(4)
-18%
|
(3)
+11%
|
(5)
-47%
|
(6)
-34%
|
(8)
-22%
|
(9)
-15%
|
(8)
+2%
|
(7)
+18%
|
(6)
+7%
|
(5)
+15%
|
(5)
+8%
|
(7)
-34%
|
(8)
-17%
|
(10)
-31%
|
(12)
-15%
|
(13)
-12%
|
(14)
-6%
|
(16)
-14%
|
(21)
-29%
|
(23)
-9%
|
(26)
-14%
|
(25)
+2%
|
(27)
-4%
|
(27)
-3%
|
(34)
-25%
|
(38)
-12%
|
(36)
+6%
|
(36)
-1%
|
(23)
+36%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(5)
|
(5)
|
(6)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
1
|
1
|
0
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(10)
|
(11)
|
(13)
|
(15)
|
(8)
|
(7)
|
(6)
|
(5)
|
(5)
|
(7)
|
(8)
|
(10)
|
(11)
|
(13)
|
(14)
|
(16)
|
(21)
|
(22)
|
(26)
|
(25)
|
(26)
|
(27)
|
(34)
|
(38)
|
(36)
|
(36)
|
(23)
|
|
Net Income (Common) |
1
N/A
|
1
-12%
|
0
-66%
|
1
+361%
|
1
-58%
|
0
N/A
|
0
N/A
|
(1)
N/A
|
(1)
-27%
|
(2)
-38%
|
(2)
-32%
|
(2)
-8%
|
(2)
-7%
|
(2)
+15%
|
(10)
-375%
|
(11)
-17%
|
(13)
-17%
|
(15)
-10%
|
(8)
+42%
|
(7)
+18%
|
(6)
+8%
|
(5)
+15%
|
(5)
+8%
|
(7)
-35%
|
(8)
-17%
|
(10)
-28%
|
(11)
-15%
|
(13)
-13%
|
(14)
-6%
|
(16)
-16%
|
(21)
-29%
|
(22)
-9%
|
(26)
-15%
|
(25)
+2%
|
(26)
-5%
|
(27)
-3%
|
(34)
-25%
|
(38)
-13%
|
(36)
+6%
|
(36)
-1%
|
(23)
+36%
|
|
EPS (Diluted) |
0.11
N/A
|
0.1
-9%
|
0.03
-70%
|
0.14
+367%
|
0.05
-64%
|
-0.01
N/A
|
0
N/A
|
-0.1
N/A
|
-0.12
-20%
|
-0.17
-42%
|
-0.22
-29%
|
-0.24
-9%
|
-0.26
-8%
|
-0.22
+15%
|
-1.01
-359%
|
-1.02
-1%
|
-1.1
-8%
|
-1.19
-8%
|
-0.71
+40%
|
-0.57
+20%
|
-0.52
+9%
|
-0.4
+23%
|
-0.33
+18%
|
-0.49
-48%
|
-0.48
+2%
|
-0.58
-21%
|
-0.67
-16%
|
-0.77
-15%
|
-0.8
-4%
|
-0.93
-16%
|
-1.08
-16%
|
-1.1
-2%
|
-1.26
-15%
|
-1.24
+2%
|
-1.3
-5%
|
-1.01
+22%
|
-1.12
-11%
|
-1.26
-13%
|
-1.19
+6%
|
-1.12
+6%
|
-0.63
+44%
|