Micronet Enertec Annual Income Statement (NASDAQ:MICT)

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$1.33 $0.02 (1.53%) MICT stock closing price Dec 02, 2016 (Closing)

Looking at financial statements, along with the Micronet Enertec stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   The income statement is a summary of the revenue, expenses and profitability (shown as Net Income) or lack of it. Like any other income statement, the MICT income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue decline of $10.65M when compared to the same period in the past. The operating expenses (also check: Micronet Enertec assets and Micronet Enertec free cash flow) as shown in the Micronet Enertec profit and loss statement 2015 total to $26.09M. This line item has decreased from $36.06M compared with last year. Micronet Enertec revenue for 2015 is $23.58M. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011
Micronet Enertec Net Sales or Revenues
23.58M34.23M35.57M17.78M10.14M
Cost Of Goods Sold (COGS)16.28M24.18M22.29M13.79M6.29M
Micronet Enertec Gross Profit
7.3M10.05M13.27M3.99M3.84M
Research & Development Expense2.45M2.8M2.67M0.77M0.24M
Selling General & Admin Expense6.25M8.23M5.34M2.99M1.71M
Income Before Depreciation Depletion Amortization-1.4M-0.98M5.24M0.22M1.89M
Depreciation Depletion Amortization1.11M0.85M0.65M0.55M-
Non Operating Income--0.29M-4.62M-
Interest Expense0.61M-2.29M-0.08M0.56M
Micronet Enertec Pretax Income
-3.13M-2.13M2.29M4.39M1.32M
Provision for Income Taxes-0.08M0.24M0.49M-0.13M0.07M
Minority Interest-0.58M-0.23M2.29M-0.84M-
Investment Gains Losses---0.04M0.04M
Other Income-----
Income Before Extraordinaries & Disc Operations-3.05M-2.37M1.8M4.56M1.29M
Extraordinary Items & Discontinued Operations-----
Micronet Enertec Net Income (Profit/Loss)
-2.46M-2.13M-0.49M5.41M1.35M
Average Shares used to compute Diluted EPS5.86M5.83M5.09M3.6M-
Average Shares used to compute Basic EPS5.86M5.83M5.09M3.24M-
Income Before Nonrecurring Items-1.79M-0.94M1.87M2.41M-
Income from Nonrecurring Items-0.68M-1.2M-2.37M3.01M-
Micronet Enertec Earnings Per Share Basic Net
-0.42-0.37-0.101.67-
Micronet Enertec Earnings Per Share Diluted Net
-0.42-0.37-0.101.54-
EPS Diluted Before Nonrecurring Items-0.30-0.160.360.70-
Preferred Dividends Acc Pd-----
Dividends Common-----
Dividend Per Share Common-----
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Micronet Enertec stock analysis. An investor must check the following items in an income statement:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Micronet Enertec revenue chart) implies that the company is growing, which has not been the case with Micronet Enertec. One must stay away from stocks whose revenues are declining.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. MICT stock had a poor bottom line growth.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Micronet Enertec historical stock prices to check how the price has moved with time. .

Micronet Enertec Income Statement - Key Financial Ratios

PS ratio (
price sales ratio
)
0.3120
Operating margin
-28.2
Net profit margin
-23.9
Dividend yield
0%