Espey MFG and Electronics Corp
NYSE-MKT:ESP
Income Statement
Earnings Waterfall
Espey MFG and Electronics Corp
Revenue
|
37m
USD
|
Cost of Revenue
|
-27.7m
USD
|
Gross Profit
|
9.4m
USD
|
Operating Expenses
|
-4.1m
USD
|
Operating Income
|
5.3m
USD
|
Other Expenses
|
-602.9k
USD
|
Net Income
|
4.7m
USD
|
Income Statement
Espey MFG and Electronics Corp
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 |
32
N/A
|
32
-1%
|
27
-14%
|
26
-5%
|
25
-3%
|
25
0%
|
27
+7%
|
27
+2%
|
29
+6%
|
30
+3%
|
27
-8%
|
27
-1%
|
26
-6%
|
24
-7%
|
23
-5%
|
24
+6%
|
30
+24%
|
30
+1%
|
33
+8%
|
33
+3%
|
29
-13%
|
33
+12%
|
36
+12%
|
34
-7%
|
34
0%
|
31
-9%
|
32
+2%
|
33
+4%
|
33
-1%
|
31
-6%
|
28
-9%
|
28
+1%
|
29
+2%
|
33
+15%
|
32
-2%
|
33
+3%
|
35
+4%
|
36
+3%
|
36
0%
|
36
0%
|
37
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(23)
|
(23)
|
(23)
|
(22)
|
(20)
|
(20)
|
(20)
|
(20)
|
(22)
|
(22)
|
(20)
|
(21)
|
(19)
|
(19)
|
(18)
|
(19)
|
(23)
|
(23)
|
(25)
|
(26)
|
(23)
|
(26)
|
(29)
|
(27)
|
(27)
|
(25)
|
(26)
|
(27)
|
(28)
|
(27)
|
(24)
|
(24)
|
(24)
|
(27)
|
(27)
|
(27)
|
(28)
|
(29)
|
(28)
|
(27)
|
(28)
|
|
Gross Profit |
9
N/A
|
9
-3%
|
5
-49%
|
4
-8%
|
6
+33%
|
5
-4%
|
7
+36%
|
7
+2%
|
7
-9%
|
7
+11%
|
7
+0%
|
7
-8%
|
6
-8%
|
5
-16%
|
5
-10%
|
5
+2%
|
7
+41%
|
7
+2%
|
8
+10%
|
7
-6%
|
6
-22%
|
7
+16%
|
7
+8%
|
7
+2%
|
7
-1%
|
6
-17%
|
6
-6%
|
6
0%
|
5
-14%
|
4
-23%
|
3
-9%
|
4
+7%
|
4
+14%
|
6
+47%
|
5
-9%
|
6
+8%
|
7
+18%
|
7
+3%
|
8
+11%
|
8
+5%
|
9
+10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Selling, General & Administrative |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Operating Income |
6
N/A
|
6
-5%
|
1
-77%
|
1
-17%
|
3
+138%
|
2
-10%
|
4
+87%
|
4
+0%
|
4
-18%
|
4
+19%
|
4
+0%
|
4
-15%
|
3
-14%
|
2
-32%
|
2
-29%
|
2
+0%
|
3
+115%
|
3
+1%
|
4
+16%
|
3
-16%
|
1
-58%
|
2
+52%
|
3
+26%
|
3
+3%
|
3
+0%
|
2
-45%
|
1
-22%
|
1
+14%
|
1
-35%
|
(0)
N/A
|
(0)
-165%
|
(0)
+34%
|
(0)
+90%
|
2
N/A
|
2
-22%
|
2
+40%
|
4
+64%
|
4
+4%
|
4
+17%
|
5
+6%
|
5
+16%
|
|
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
|
1
|
|
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 |
6
N/A
|
6
-5%
|
1
-75%
|
1
-15%
|
3
+120%
|
2
-11%
|
4
+83%
|
5
+0%
|
4
-17%
|
4
+18%
|
4
+1%
|
4
-15%
|
3
-14%
|
2
-30%
|
2
-28%
|
2
+2%
|
3
+107%
|
4
+1%
|
4
+16%
|
4
-14%
|
2
-53%
|
2
+43%
|
3
+23%
|
3
+1%
|
3
0%
|
2
-43%
|
1
-22%
|
1
+10%
|
1
-34%
|
(0)
N/A
|
(0)
-297%
|
(0)
+40%
|
0
N/A
|
2
+7 177%
|
2
-21%
|
2
+38%
|
4
+65%
|
4
+8%
|
5
+20%
|
5
+8%
|
6
+16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
4
|
4
|
1
|
1
|
2
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
2
|
2
|
1
|
1
|
3
|
3
|
3
|
3
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
0
|
2
|
1
|
2
|
3
|
3
|
4
|
4
|
5
|
|
Net Income (Common) |
4
N/A
|
4
-5%
|
1
-72%
|
1
-12%
|
2
+108%
|
2
-9%
|
3
+64%
|
3
-1%
|
3
-19%
|
3
+18%
|
3
+6%
|
3
-15%
|
2
-14%
|
2
-29%
|
1
-31%
|
1
+1%
|
3
+119%
|
3
+2%
|
3
+20%
|
3
-13%
|
1
-52%
|
2
+46%
|
2
+23%
|
2
+1%
|
2
+0%
|
1
-43%
|
1
-14%
|
1
+9%
|
1
-32%
|
(0)
N/A
|
(0)
-74%
|
(0)
+64%
|
0
N/A
|
2
+1 265%
|
1
-32%
|
2
+37%
|
3
+65%
|
3
+7%
|
4
+20%
|
4
+9%
|
5
+16%
|
|
EPS (Diluted) |
1.9
N/A
|
1.81
-5%
|
0.51
-72%
|
0.45
-12%
|
0.94
+109%
|
0.85
-10%
|
1.39
+64%
|
1.38
-1%
|
1.11
-20%
|
1.32
+19%
|
1.38
+5%
|
1.18
-14%
|
1.02
-14%
|
0.71
-30%
|
0.49
-31%
|
0.5
+2%
|
1.07
+114%
|
1.08
+1%
|
1.31
+21%
|
1.13
-14%
|
0.54
-52%
|
0.79
+46%
|
0.98
+24%
|
0.99
+1%
|
0.99
N/A
|
0.56
-43%
|
0.49
-13%
|
0.53
+8%
|
0.36
-32%
|
-0.04
N/A
|
-0.08
-100%
|
-0.03
+63%
|
0.05
N/A
|
0.77
+1 440%
|
0.52
-32%
|
0.71
+37%
|
1.17
+65%
|
1.24
+6%
|
1.49
+20%
|
1.61
+8%
|
1.87
+16%
|