Frequency Electronics Inc
NASDAQ:FEIM
Income Statement
Earnings Waterfall
Frequency Electronics Inc
Revenue
|
52.7m
USD
|
Cost of Revenue
|
-36.4m
USD
|
Gross Profit
|
16.3m
USD
|
Operating Expenses
|
-13.4m
USD
|
Operating Income
|
2.9m
USD
|
Other Expenses
|
302k
USD
|
Net Income
|
3.2m
USD
|
Income Statement
Frequency Electronics Inc
Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
70
N/A
|
72
+3%
|
74
+4%
|
77
+3%
|
77
+0%
|
77
0%
|
74
-4%
|
70
-4%
|
65
-7%
|
55
-15%
|
50
-9%
|
46
-9%
|
44
-5%
|
50
+15%
|
47
-6%
|
45
-5%
|
44
-2%
|
39
-11%
|
38
-3%
|
41
+7%
|
44
+6%
|
50
+13%
|
51
+3%
|
48
-6%
|
44
-7%
|
42
-7%
|
42
+1%
|
47
+12%
|
49
+4%
|
54
+11%
|
54
+0%
|
53
-2%
|
54
+1%
|
48
-10%
|
44
-10%
|
40
-9%
|
38
-4%
|
41
+8%
|
45
+10%
|
50
+10%
|
53
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(45)
|
(47)
|
(50)
|
(52)
|
(53)
|
(53)
|
(50)
|
(48)
|
(44)
|
(36)
|
(33)
|
(30)
|
(29)
|
(39)
|
(36)
|
(36)
|
(41)
|
(34)
|
(33)
|
(34)
|
(30)
|
(34)
|
(36)
|
(38)
|
(35)
|
(36)
|
(36)
|
(34)
|
(37)
|
(37)
|
(37)
|
(38)
|
(38)
|
(40)
|
(39)
|
(39)
|
(37)
|
(33)
|
(32)
|
(33)
|
(36)
|
|
Gross Profit |
24
N/A
|
25
+2%
|
24
-2%
|
25
+2%
|
24
-1%
|
24
-3%
|
24
+0%
|
22
-6%
|
21
-5%
|
19
-8%
|
17
-10%
|
16
-9%
|
14
-9%
|
11
-22%
|
11
-4%
|
9
-14%
|
3
-66%
|
5
+63%
|
5
-5%
|
7
+37%
|
14
+103%
|
16
+15%
|
15
-2%
|
10
-34%
|
9
-9%
|
6
-38%
|
6
+2%
|
12
+110%
|
12
-3%
|
17
+40%
|
17
0%
|
16
-7%
|
16
+3%
|
9
-47%
|
5
-47%
|
1
-83%
|
1
+29%
|
8
+670%
|
13
+62%
|
17
+31%
|
16
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(21)
|
(20)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(17)
|
(16)
|
(16)
|
(16)
|
(19)
|
(17)
|
(16)
|
(17)
|
(18)
|
(17)
|
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(19)
|
(17)
|
(16)
|
(18)
|
(17)
|
(18)
|
(19)
|
(18)
|
(18)
|
(17)
|
(15)
|
(14)
|
(13)
|
(13)
|
(12)
|
(13)
|
(13)
|
|
Selling, General & Administrative |
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(11)
|
(11)
|
(10)
|
(10)
|
(12)
|
(10)
|
(10)
|
(10)
|
(11)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(12)
|
(12)
|
(14)
|
(13)
|
(13)
|
(14)
|
(13)
|
(13)
|
(12)
|
(9)
|
(9)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
|
Research & Development |
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Operating Income |
3
N/A
|
5
+47%
|
5
-1%
|
5
+11%
|
5
-5%
|
4
-28%
|
4
+0%
|
2
-47%
|
1
-38%
|
2
+104%
|
1
-55%
|
(0)
N/A
|
(1)
-1 064%
|
(8)
-488%
|
(6)
+16%
|
(7)
-11%
|
(13)
-91%
|
(12)
+8%
|
(12)
-1%
|
(11)
+13%
|
(4)
+64%
|
(3)
+28%
|
(4)
-30%
|
(8)
-127%
|
(10)
-14%
|
(11)
-14%
|
(10)
+4%
|
(5)
+49%
|
(5)
+12%
|
(1)
+80%
|
(2)
-141%
|
(2)
+3%
|
(2)
+10%
|
(8)
-300%
|
(10)
-28%
|
(13)
-25%
|
(12)
+8%
|
(5)
+60%
|
1
N/A
|
4
+644%
|
3
-22%
|
|
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)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
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 |
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
2
|
2
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
2
|
2
|
2
|
1
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
|
Pre-Tax Income |
5
N/A
|
6
+31%
|
7
+4%
|
6
-3%
|
6
-9%
|
5
-22%
|
5
+6%
|
3
-38%
|
2
-26%
|
3
+49%
|
1
-60%
|
0
-86%
|
(1)
N/A
|
(7)
-665%
|
(5)
+32%
|
(6)
-18%
|
(12)
-115%
|
(11)
+7%
|
(13)
-11%
|
(11)
+16%
|
(4)
+66%
|
(2)
+31%
|
(3)
-25%
|
(8)
-162%
|
(9)
-16%
|
(12)
-26%
|
(11)
+3%
|
(6)
+46%
|
(5)
+12%
|
0
N/A
|
(1)
N/A
|
(1)
+18%
|
(1)
+9%
|
(9)
-1 275%
|
(10)
-18%
|
(13)
-28%
|
(13)
+3%
|
(5)
+57%
|
(0)
+95%
|
3
N/A
|
3
+16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
2
|
2
|
2
|
3
|
0
|
0
|
(0)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
3
|
4
|
4
|
4
|
4
|
3
|
3
|
2
|
1
|
2
|
1
|
0
|
0
|
(5)
|
(3)
|
(4)
|
(9)
|
(11)
|
(12)
|
(11)
|
(6)
|
(3)
|
(3)
|
(8)
|
(9)
|
(10)
|
(10)
|
(4)
|
(4)
|
1
|
(1)
|
(0)
|
(0)
|
(9)
|
(10)
|
(13)
|
(13)
|
(6)
|
(0)
|
3
|
3
|
|
Net Income (Common) |
3
N/A
|
4
+24%
|
4
+1%
|
4
-2%
|
4
-9%
|
3
-22%
|
3
+6%
|
2
-45%
|
1
-37%
|
1
-3%
|
(1)
N/A
|
(2)
-158%
|
(1)
+4%
|
(5)
-223%
|
(4)
+27%
|
(4)
-13%
|
(15)
-271%
|
(24)
-62%
|
(24)
-2%
|
(23)
+7%
|
(13)
+44%
|
(3)
+80%
|
(3)
-25%
|
(8)
-160%
|
(9)
-15%
|
(10)
-7%
|
(10)
+3%
|
(4)
+54%
|
(4)
+17%
|
1
N/A
|
(1)
N/A
|
(0)
+27%
|
(0)
+13%
|
(9)
-2 012%
|
(10)
-18%
|
(13)
-28%
|
(13)
+3%
|
(6)
+56%
|
(0)
+94%
|
3
N/A
|
3
+16%
|
|
EPS (Diluted) |
0.37
N/A
|
0.46
+24%
|
0.47
+2%
|
0.46
-2%
|
0.42
-9%
|
0.32
-24%
|
0.34
+6%
|
0.18
-47%
|
0.11
-39%
|
0.11
N/A
|
-0.06
N/A
|
-0.17
-183%
|
-0.16
+6%
|
-0.56
-250%
|
-0.39
+30%
|
-0.44
-13%
|
-1.66
-277%
|
-2.69
-62%
|
-2.7
0%
|
-2.5
+7%
|
-1.41
+44%
|
-0.28
+80%
|
-0.36
-29%
|
-0.91
-153%
|
-1.04
-14%
|
-1.1
-6%
|
-1.07
+3%
|
-0.49
+54%
|
-0.41
+16%
|
0.07
N/A
|
-0.07
N/A
|
-0.06
+14%
|
-0.05
+17%
|
-0.93
-1 760%
|
-1.1
-18%
|
-1.4
-27%
|
-1.35
+4%
|
-0.59
+56%
|
-0.03
+95%
|
0.3
N/A
|
0.35
+17%
|