Tel-Instrument Electronics Corp
OTC:TIKK
Income Statement
Earnings Waterfall
Tel-Instrument Electronics Corp
Revenue
|
8.9m
USD
|
Cost of Revenue
|
-5.5m
USD
|
Gross Profit
|
3.4m
USD
|
Operating Expenses
|
-3.3m
USD
|
Operating Income
|
135.2k
USD
|
Other Expenses
|
-549.3k
USD
|
Net Income
|
-414.1k
USD
|
Income Statement
Tel-Instrument 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 |
13
N/A
|
16
+20%
|
16
-1%
|
15
-3%
|
16
+6%
|
18
+12%
|
21
+15%
|
24
+15%
|
25
+4%
|
25
-1%
|
24
-2%
|
23
-7%
|
21
-8%
|
19
-10%
|
17
-10%
|
14
-19%
|
12
-12%
|
10
-17%
|
8
-17%
|
9
+5%
|
10
+15%
|
12
+20%
|
14
+12%
|
15
+12%
|
16
+5%
|
16
-2%
|
15
-2%
|
15
-4%
|
13
-14%
|
12
-9%
|
13
+10%
|
13
+2%
|
14
+4%
|
13
-5%
|
11
-15%
|
9
-14%
|
9
-9%
|
9
+0%
|
9
+7%
|
9
-5%
|
9
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(13)
|
(15)
|
(17)
|
(17)
|
(17)
|
(16)
|
(15)
|
(14)
|
(12)
|
(11)
|
(9)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
|
Gross Profit |
3
N/A
|
6
+82%
|
6
-1%
|
6
-6%
|
6
+3%
|
5
-10%
|
6
+13%
|
8
+22%
|
8
+6%
|
8
0%
|
8
+1%
|
8
-5%
|
7
-5%
|
7
-8%
|
6
-9%
|
5
-24%
|
4
-15%
|
3
-20%
|
2
-24%
|
3
+25%
|
4
+35%
|
5
+35%
|
7
+20%
|
7
+13%
|
8
+3%
|
7
-3%
|
7
-1%
|
7
-7%
|
6
-18%
|
5
-15%
|
5
+11%
|
6
+6%
|
6
+7%
|
6
-4%
|
5
-20%
|
3
-24%
|
3
-15%
|
3
+3%
|
4
+15%
|
3
-6%
|
3
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
Selling, General & Administrative |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Research & Development |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(1)
N/A
|
1
N/A
|
1
-21%
|
1
-42%
|
1
-3%
|
0
-46%
|
1
+157%
|
2
+142%
|
3
+33%
|
3
-6%
|
3
-3%
|
2
-22%
|
1
-30%
|
2
+21%
|
1
-28%
|
0
-93%
|
(0)
N/A
|
(2)
-644%
|
(2)
-31%
|
(1)
+33%
|
(0)
+67%
|
1
N/A
|
2
+118%
|
3
+40%
|
3
+8%
|
3
-8%
|
2
-9%
|
2
-15%
|
1
-60%
|
0
-62%
|
1
+173%
|
1
+5%
|
1
+58%
|
1
-33%
|
(0)
N/A
|
(1)
-2 092%
|
(1)
-38%
|
(1)
+35%
|
(0)
+73%
|
(0)
+24%
|
0
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(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
|
(4)
|
(4)
|
(7)
|
(7)
|
(3)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
0
|
0
|
1
|
0
|
1
|
1
|
(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)
|
1
|
1
|
0
|
0
|
0
|
|
Pre-Tax Income |
(2)
N/A
|
1
N/A
|
0
-56%
|
(0)
N/A
|
0
N/A
|
(0)
N/A
|
1
N/A
|
1
+121%
|
2
+32%
|
2
+3%
|
2
+5%
|
2
+1%
|
2
-14%
|
(2)
N/A
|
(3)
-41%
|
(6)
-111%
|
(7)
-8%
|
(4)
+35%
|
(5)
-11%
|
(2)
+56%
|
(1)
+46%
|
0
N/A
|
1
+495%
|
2
+60%
|
2
+14%
|
2
-5%
|
2
-6%
|
2
-13%
|
1
-27%
|
1
-54%
|
1
+103%
|
2
+69%
|
2
-10%
|
1
-16%
|
0
-69%
|
(1)
N/A
|
(1)
+21%
|
(1)
+46%
|
0
N/A
|
0
-3%
|
(0)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
|
Income from Continuing Operations |
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
(5)
|
(5)
|
(9)
|
(9)
|
(4)
|
(5)
|
(2)
|
(1)
|
0
|
1
|
2
|
2
|
5
|
5
|
4
|
4
|
1
|
1
|
2
|
2
|
1
|
1
|
(1)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
|
Net Income (Common) |
(1)
N/A
|
0
N/A
|
(0)
N/A
|
(0)
-600%
|
(0)
+62%
|
(0)
-251%
|
0
N/A
|
1
+118%
|
1
+30%
|
1
-7%
|
1
+14%
|
1
+6%
|
1
-7%
|
(5)
N/A
|
(5)
-15%
|
(9)
-58%
|
(9)
-6%
|
(4)
+52%
|
(5)
-12%
|
(2)
+54%
|
(2)
+21%
|
(1)
+70%
|
0
N/A
|
1
+155%
|
2
+62%
|
4
+135%
|
4
-3%
|
4
-7%
|
4
-10%
|
0
-92%
|
1
+166%
|
2
+104%
|
1
-20%
|
1
-19%
|
0
-82%
|
(1)
N/A
|
(1)
+15%
|
(1)
+35%
|
(0)
+75%
|
(0)
+22%
|
(0)
-194%
|
|
EPS (Diluted) |
-0.44
N/A
|
0.08
N/A
|
-0.01
N/A
|
-0.07
-600%
|
-0.04
+43%
|
-0.09
-125%
|
0.1
N/A
|
0.24
+140%
|
0.32
+33%
|
0.31
-3%
|
0.35
+13%
|
0.37
+6%
|
0.34
-8%
|
-1.46
N/A
|
-1.68
-15%
|
-2.66
-58%
|
-2.81
-6%
|
-1.36
+52%
|
-1.52
-12%
|
-0.7
+54%
|
-0.52
+26%
|
-0.16
+69%
|
0.13
N/A
|
0.23
+77%
|
0.37
+61%
|
0.89
+141%
|
1.31
+47%
|
0.78
-40%
|
0.69
-12%
|
0.06
-91%
|
0.14
+133%
|
0.29
+107%
|
0.23
-21%
|
0.19
-17%
|
0.05
-74%
|
-0.41
N/A
|
-0.21
+49%
|
-0.22
-5%
|
-0.03
+86%
|
-0.04
-33%
|
-0.07
-75%
|