Gencor Industries Inc
NASDAQ:GENC
Income Statement
Earnings Waterfall
Gencor Industries Inc
Revenue
|
105.3m
USD
|
Cost of Revenue
|
-74.5m
USD
|
Gross Profit
|
30.8m
USD
|
Operating Expenses
|
-16.1m
USD
|
Operating Income
|
14.7m
USD
|
Other Expenses
|
827k
USD
|
Net Income
|
15.5m
USD
|
Income Statement
Gencor Industries Inc
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
54
N/A
|
51
-6%
|
43
-16%
|
40
-6%
|
36
-9%
|
36
-2%
|
36
+1%
|
39
+9%
|
46
+18%
|
55
+18%
|
63
+16%
|
70
+10%
|
73
+4%
|
73
+1%
|
77
+5%
|
81
+5%
|
88
+9%
|
96
+9%
|
97
+0%
|
99
+2%
|
97
-2%
|
93
-4%
|
87
-6%
|
81
-7%
|
78
-4%
|
77
-1%
|
81
+5%
|
77
-5%
|
78
+1%
|
74
-6%
|
76
+3%
|
85
+13%
|
86
+1%
|
96
+11%
|
100
+5%
|
103
+3%
|
109
+6%
|
109
0%
|
107
-2%
|
105
-2%
|
105
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(42)
|
(39)
|
(34)
|
(32)
|
(30)
|
(29)
|
(29)
|
(32)
|
(36)
|
(42)
|
(48)
|
(53)
|
(54)
|
(53)
|
(56)
|
(59)
|
(66)
|
(72)
|
(73)
|
(72)
|
(70)
|
(65)
|
(61)
|
(59)
|
(56)
|
(58)
|
(62)
|
(59)
|
(61)
|
(57)
|
(59)
|
(67)
|
(68)
|
(77)
|
(81)
|
(83)
|
(87)
|
(83)
|
(80)
|
(76)
|
(75)
|
|
Gross Profit |
12
N/A
|
11
-5%
|
9
-23%
|
8
-11%
|
7
-15%
|
7
-1%
|
7
+2%
|
8
+12%
|
10
+39%
|
12
+17%
|
15
+22%
|
18
+17%
|
18
+5%
|
20
+7%
|
21
+8%
|
21
+0%
|
22
+4%
|
24
+10%
|
24
-1%
|
27
+12%
|
27
-1%
|
28
+4%
|
26
-6%
|
22
-14%
|
22
-3%
|
19
-12%
|
20
+3%
|
19
-4%
|
18
-7%
|
16
-7%
|
17
+1%
|
18
+9%
|
19
+4%
|
19
+0%
|
19
+0%
|
21
+8%
|
23
+10%
|
26
+13%
|
27
+7%
|
29
+6%
|
31
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(8)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(16)
|
(17)
|
(17)
|
(18)
|
(18)
|
(17)
|
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
|
Selling, General & Administrative |
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
|
Research & Development |
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
Operating Income |
4
N/A
|
4
-2%
|
2
-59%
|
0
N/A
|
(1)
N/A
|
(1)
-30%
|
(1)
-1%
|
(1)
+44%
|
2
N/A
|
3
+70%
|
6
+73%
|
8
+35%
|
8
+6%
|
9
+14%
|
10
+11%
|
10
-2%
|
10
+2%
|
11
+10%
|
11
-3%
|
14
+25%
|
14
+2%
|
16
+11%
|
14
-13%
|
10
-30%
|
9
-9%
|
6
-29%
|
7
+10%
|
6
-18%
|
3
-40%
|
0
-86%
|
(0)
N/A
|
1
N/A
|
1
+2%
|
1
+93%
|
2
+67%
|
4
+80%
|
7
+76%
|
11
+44%
|
12
+12%
|
13
+13%
|
15
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
5
|
4
|
6
|
4
|
2
|
2
|
(0)
|
(3)
|
(2)
|
(2)
|
(2)
|
2
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
(1)
|
2
|
4
|
3
|
7
|
(1)
|
1
|
1
|
2
|
9
|
7
|
6
|
4
|
1
|
(4)
|
(6)
|
(4)
|
(2)
|
3
|
5
|
5
|
|
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
|
0
|
|
Pre-Tax Income |
9
N/A
|
8
-8%
|
8
-9%
|
4
-42%
|
2
-59%
|
1
-62%
|
(2)
N/A
|
(4)
-127%
|
0
N/A
|
1
+250%
|
4
+300%
|
9
+140%
|
9
-1%
|
12
+25%
|
12
+3%
|
12
+2%
|
12
+1%
|
12
-1%
|
12
-3%
|
15
+27%
|
13
-12%
|
18
+34%
|
18
-2%
|
13
-27%
|
16
+21%
|
5
-65%
|
8
+43%
|
7
-13%
|
6
-18%
|
9
+67%
|
7
-27%
|
7
-1%
|
4
-34%
|
2
-52%
|
(2)
N/A
|
(2)
+19%
|
3
N/A
|
9
+181%
|
14
+60%
|
19
+30%
|
20
+6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
1
|
2
|
1
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
0
|
(1)
|
(2)
|
(4)
|
(4)
|
|
Income from Continuing Operations |
8
|
7
|
6
|
4
|
2
|
1
|
(0)
|
(2)
|
1
|
1
|
3
|
7
|
7
|
9
|
9
|
8
|
9
|
9
|
9
|
12
|
11
|
14
|
14
|
10
|
12
|
4
|
6
|
6
|
5
|
8
|
6
|
6
|
4
|
2
|
(1)
|
(0)
|
3
|
8
|
12
|
15
|
16
|
|
Net Income (Common) |
8
N/A
|
7
-13%
|
6
-12%
|
4
-44%
|
2
-45%
|
1
-38%
|
(0)
N/A
|
(2)
-847%
|
1
N/A
|
1
+52%
|
3
+140%
|
7
+122%
|
7
-2%
|
9
+26%
|
9
+6%
|
8
-8%
|
9
+12%
|
10
+4%
|
10
+1%
|
13
+29%
|
11
-16%
|
14
+35%
|
14
-2%
|
10
-28%
|
12
+21%
|
4
-66%
|
6
+44%
|
6
-10%
|
5
-17%
|
8
+64%
|
6
-26%
|
6
+5%
|
4
-31%
|
2
-46%
|
(1)
N/A
|
(0)
+69%
|
3
N/A
|
8
+131%
|
12
+54%
|
15
+22%
|
16
+6%
|
|
EPS (Diluted) |
0.57
N/A
|
0.49
-14%
|
0.44
-10%
|
0.24
-45%
|
0.13
-46%
|
0.08
-38%
|
-0.02
N/A
|
-0.13
-550%
|
0.06
N/A
|
0.09
+50%
|
0.22
+144%
|
0.48
+118%
|
0.48
N/A
|
0.6
+25%
|
0.63
+5%
|
0.57
-10%
|
0.63
+11%
|
0.65
+3%
|
0.66
+2%
|
0.86
+30%
|
0.72
-16%
|
0.97
+35%
|
0.96
-1%
|
0.69
-28%
|
0.85
+23%
|
0.3
-65%
|
0.42
+40%
|
0.38
-10%
|
0.32
-16%
|
0.52
+63%
|
0.39
-25%
|
0.39
N/A
|
0.27
-31%
|
0.14
-48%
|
-0.08
N/A
|
-0.03
+63%
|
0.23
N/A
|
0.53
+130%
|
0.82
+55%
|
1
+22%
|
1.06
+6%
|