PROFIRE ENERGY, INC. PFIE Income Statement

Profire energy, inc. (PFIE)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
REVENUES (note 10)
REVENUES (note 8)
Total Revenues
7,447	8,118	9,905	10,124	10,833	10,605	11,499	11,339	12,169	-	10,050	9,464	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of goods, net
-	-	-	-	-	-	-	-	-	-	-	-	7,292	6,366	4,507	3,462	3,972	6,515	7,291	6,211	9,128	11,695	14,628	12,316	8,868	8,999	8,940	6,838	5,015	3,176	4,096	3,451	3,411	4,780	4,275	2,408	2,170	2,454	1,925	636
Sales of services, net
-	-	-	-	-	-	-	-	-	-	-	-	532	655	483	511	570	1,038	805	665	668	821	1,092	828	469	531	402	342	273	364	283	225	237	288	247	275	258	241	211	135
Total Revenues
-	-	-	-	-	-	-	-	-	-	-	-	7,824	7,022	4,990	3,974	4,543	7,554	8,097	6,877	9,796	12,516	15,720	13,144	9,337	9,530	9,342	7,181	5,289	3,541	4,379	3,677	3,649	5,068	4,522	2,683	2,428	2,696	2,137	771
COST OF SALES
Cost of goods sold-product
-	-	-	-	-	-	-	-	-	-	-	-	3,055	3,042	1,977	1,712	1,780	2,833	3,445	2,967	4,402	5,299	6,469	5,067	3,962	3,894	3,550	2,724	2,705	1,050	1,950	1,327	1,212	2,583	1,597	776	1,039	929	632	209
Cost of goods sold-services
-	-	-	-	-	-	-	-	-	-	-	-	402	418	388	347	463	722	623	595	700	674	701	640	302	418	232	268	345	313	211	172	101	231	178	206	219	130	60	119
Total Cost of Goods Sold
-	-	-	-	-	-	-	-	-	-	-	-	3,457	3,461	2,366	2,059	2,243	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cost of Goods Sold
4,282	4,711	4,736	4,936	5,068	5,840	5,401	5,431	6,039	-	4,988	4,488	-	-	-	-	-	3,556	4,069	3,563	5,103	5,974	7,171	5,707	4,264	4,312	3,782	2,992	3,051	1,364	2,161	1,500	1,314	2,815	1,775	982	1,259	1,060	693	329
GROSS PROFIT
3,164	3,407	5,169	5,187	5,764	4,764	6,098	5,908	6,130	5,858	5,061	4,976	4,367	3,561	2,624	1,914	2,299	3,998	4,028	3,313	4,693	6,542	8,549	7,437	5,072	5,218	5,559	4,188	2,237	2,176	2,217	2,176	2,335	2,253	2,746	1,701	1,169	1,636	1,443	442
OPERATING EXPENSES
General and administrative expenses
3,272	3,469	3,256	3,566	3,161	3,141	3,180	3,364	3,341	3,217	2,771	2,739	2,948	2,484	2,328	2,385	2,670	1,800	2,919	3,441	8,573	2,446	2,866	2,409	2,389	1,977	1,259	839	286	1,339	863	993	1,412	354	702	283	195	464	287	360
Research and development
409	429	641	512	349	299	377	317	403	427	318	275	198	243	263	250	153	348	295	304	500	521	538	271	312	139	155	95	166	38	70	39	-	-	-	-	-	-	-	-
Payroll expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,230	-	-	-	1,591	1,767	1,265	1,208	946	930	835	872	1,144	298	341	500	602	349	305	255	300	236	177
Depreciation and amortization expense
147	619	130	110	116	99	143	129	128	120	125	130	149	162	160	159	142	128	137	107	134	176	122	124	71	78	65	61	-32	116	64	46	27	45	43	43	8	24	20	18
Total Operating Expenses
3,829	4,518	4,027	4,190	3,626	3,540	3,701	3,810	3,873	3,766	3,216	3,145	3,296	2,890	2,752	2,795	2,966	3,508	3,353	3,853	4,584	4,736	5,295	4,070	3,981	3,143	2,410	1,831	1,292	2,638	1,296	1,421	1,940	1,001	1,095	632	459	789	543	557
INCOME (LOSS) FROM OPERATIONS
-665	-1,111	1,141	996	2,138	1,223	2,396	2,097	2,256	2,091	1,845	1,831	1,071	670	-127	-881	-666	489	675	-539	109	1,806	3,253	3,366	1,090	2,075	3,148	2,357	945	-462	920	754	395	1,252	1,651	1,068	709	846	899	-115
Other expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-276	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OTHER INCOME (EXPENSE)
Gain (loss) on sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of fixed assets
0	41	34	21	16	0	43	21	64	0	14	46	2	-	0	-2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense)
0	8	-2	-0	-0	0	-1	-4	-1	1	25	18	-5	-	82	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	-	0	7	0	-0	-10	-	-4	7	1	4	6	5	3	1	19	8	2
Gain on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	9	-	-	-	0	1	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-276	177	352	-108	19	-0	-0	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Rental income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	3	0	0	0	0
Interest income
74	67	38	85	91	190	85	174	50	52	41	54	31	42	19	27	5	5	5	21	11	6	7	0	-4	1	7	0	4	13	8	0	0	0	0	0	0	0	2	0
Total Other Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-270	183	358	-69	44	0	7	3	6	1	10	-9	-	8	-	-	-	-	-	-	-	-	-	-
Total Other Income
74	116	71	106	108	190	127	191	113	54	81	120	27	-	102	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	-4	-6	-5	0	-1	-19	-5	-1
INCOME (LOSS) BEFORE INCOME TAXES
-590	-994	1,212	1,103	2,246	1,414	2,523	2,289	2,370	2,145	1,927	1,951	1,099	727	-25	-851	-936	673	1,033	-608	154	1,806	3,260	3,369	1,097	2,076	3,159	2,348	941	-453	921	753	390	1,245	1,646	1,068	708	826	894	-116
INCOME TAX BENEFIT (EXPENSE)
225	1,714	290	117	-577	583	864	575	493	827	709	638	498	118	-99	-245	-171	194	254	-149	622	-110	1,182	1,149	359	870	1,109	734	393	-127	276	187	58	350	460	294	193	206	311	-25
NET INCOME (LOSS)
-365	-1,554	921	985	1,668	831	1,659	1,714	1,876	1,318	1,217	1,312	600	608	74	-605	-764	478	778	-458	-468	1,917	2,078	2,220	737	1,206	2,049	1,613	548	-326	645	565	332	895	1,185	774	514	620	582	-91
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation gain (loss)
-945	-	-91	102	149	-	170	-427	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation gain (loss)
-	-	-	-	-	-	-	-	-239	-52	327	238	75	-213	-202	0	-840	-482	-1,084	333	-1,118	-381	-455	296	-223	-178	-90	-110	-	-449	-	-	-	-	-	-	-	-	-	-
Unrealized gains (losses) on investments
-157	38	-12	49	68	0	-11	9	-33	-50	10	26	36	-	-20	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Other Comprehensive Income (Loss)
-1,102	213	-103	151	218	-163	158	-418	-272	-103	337	265	111	-305	-223	0	-840	-	-1,084	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OTHER COMPREHENSIVE INCOME UNREALIZED HOLDING LOSS ON AVAILABLE FOR SALE SECURITIES LESS: RECLASSIFICATION ADJUSTMENT FOR NET LOSS INCLUDED IN NET INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	0	-2	0	4	-7	1	-2
FOREIGN CURRENCY TRANSLATION GAIN (LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	382	-162	239	57	-404	-39	-	222	-	-
FOREIGN CURRENCY TRANSLATION GAIN (LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59	-91
COMPREHENSIVE INCOME (LOSS)
-1,468	-1,340	817	1,137	1,886	667	1,817	1,296	1,603	1,215	1,555	1,577	711	303	-148	-604	-1,604	-3	-305	-125	-1,586	1,536	1,623	2,517	513	1,027	1,959	1,503	664	-775	1,027	402	571	952	778	735	694	835	643	-185
BASIC EARNINGS PER SHARE (in dollars per share)
-0.01	-0.04	0.02	0.02	0.04	0.02	0.03	0.04	0.04	0.02	0.03	0.03	0.01	0.01	0.00	-0.01	-0.01	0.01	0.01	-0.01	-0.02	0.04	0.04	0.05	0.00	0.03	0.05	0.04	0.02	-0.01	0.01	0.01	0.00	0.02	0.03	0.02	0.02	0.01	0.01	-0.00
FULLY DILUTED EARNINGS PER SHARE (in dollars per share)
-0.01	-0.03	0.02	0.02	0.03	0.02	0.03	0.03	0.04	0.03	0.02	0.03	0.01	0.01	0.00	-0.01	-0.01	0.01	0.01	-0.01	-0.02	0.04	0.04	0.05	0.01	0.03	0.04	0.04	0.02	-0.01	0.01	0.01	0.00	0.02	0.03	0.02	0.02	0.01	0.01	-0.00
BASIC WEIGHTED AVG NUMBER OF SHARES OUTSTANDING (in shares)
47,492	47,438	47,739	47,348	47,437	48,865	48,082	48,266	48,670	48,598	48,552	49,678	50,632	52,100	53,215	53,256	53,243	53,255	53,236	53,214	53,149	52,884	52,482	47,922	47,822	46,560	45,289	45,250	45,174	45,155	45,078	45,030	45,000	45,000	45,000	45,000	45,000	45,000	45,000	45,000
FULLY DILUTED WEIGHTED AVG NUMBER OF SHARES OUTSTANDING (in shares)
47,492	47,857	48,469	48,124	48,084	49,197	48,852	49,095	49,744	48,493	49,369	50,283	51,287	53,101	54,091	53,256	53,243	53,523	53,344	53,214	51,856	53,161	53,126	48,579	48,684	46,973	45,905	45,727	45,743	45,155	45,460	45,128	45,244	45,199	45,173	45,255	45,672	45,122	45,122	45,000
Product
Total Revenues
6,860	7,198	9,251	9,559	10,198	9,860	10,830	10,724	11,454	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cost of Goods Sold
3,833	4,121	4,326	4,568	4,570	5,354	4,917	4,959	5,557	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service
Total Revenues
586	920	653	564	634	744	669	615	715	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cost of Goods Sold
448	589	410	368	497	486	484	471	481	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-