Profire energy, inc. (PFIE)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
REVENUES (note 10)
REVENUES (note 8)
Total Revenues

35,595

38,981

41,468

43,062

44,277

45,614

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales of goods, net

-

-

-

-

-

-

-

-

-

-

-

-

21,628

18,309

18,458

21,243

23,992

29,147

34,327

41,664

47,768

47,508

44,812

39,123

33,646

29,794

23,971

19,128

15,740

14,136

15,740

15,918

14,875

13,634

11,308

8,958

7,186

0

0

0

Sales of services, net

-

-

-

-

-

-

-

-

-

-

-

-

2,182

2,221

2,604

2,925

3,080

3,178

2,961

3,247

3,410

3,211

2,921

2,231

1,745

1,550

1,382

1,263

1,146

1,111

1,035

999

1,049

1,070

1,023

987

847

0

0

0

Total Revenues

-

-

-

-

-

-

-

-

-

-

-

-

23,811

20,530

21,062

24,169

27,072

32,325

37,288

44,911

51,179

50,719

47,733

41,355

35,392

31,344

25,354

20,391

16,887

15,247

16,775

16,918

15,925

14,704

12,331

9,946

8,033

0

0

0

COST OF SALES
Cost of goods sold-product

-

-

-

-

-

-

-

-

-

-

-

-

9,788

8,513

8,304

9,772

11,027

13,649

16,115

19,140

21,240

20,799

19,394

16,474

14,131

12,874

10,031

8,431

7,034

5,541

7,074

6,721

6,170

5,997

4,342

3,378

2,812

0

0

0

Cost of goods sold-services

-

-

-

-

-

-

-

-

-

-

-

-

1,556

1,617

1,921

2,156

2,405

2,642

2,594

2,671

2,716

2,318

2,062

1,593

1,221

1,264

1,159

1,138

1,043

798

716

683

717

835

734

617

529

0

0

0

Total Cost of Goods Sold

-

-

-

-

-

-

-

-

-

-

-

-

11,344

10,130

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Cost of Goods Sold

18,667

19,452

20,582

21,247

21,741

22,713

0

0

0

-

0

0

-

-

-

-

-

16,292

18,710

21,812

23,956

23,118

21,456

18,067

15,352

14,139

11,191

9,570

8,077

6,340

7,791

7,405

6,887

6,832

5,077

3,995

3,342

0

0

0

GROSS PROFIT

16,928

19,528

20,885

21,814

22,535

22,901

23,995

22,958

22,026

20,263

17,966

15,529

12,467

10,399

10,836

12,240

13,639

16,033

18,578

23,099

27,222

27,601

26,277

23,287

20,039

17,204

14,162

10,821

8,809

8,907

8,984

9,513

9,037

7,871

7,253

5,950

4,691

0

0

0

OPERATING EXPENSES
General and administrative expenses

13,565

13,454

13,126

13,050

12,848

13,029

13,105

12,696

12,070

11,676

10,943

10,499

10,146

9,868

9,184

9,776

10,831

16,735

17,381

17,328

16,296

10,112

9,643

8,036

6,466

4,362

3,724

3,328

3,483

4,609

3,623

3,462

2,752

1,535

1,645

1,230

1,307

0

0

0

Research and development

1,993

1,933

1,803

1,539

1,343

1,397

1,525

1,466

1,425

1,221

1,036

981

956

911

1,016

1,048

1,102

1,449

1,622

1,865

1,832

1,644

1,262

878

703

557

455

371

315

0

0

0

-

-

-

-

-

-

-

-

Payroll expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

5,833

5,188

4,351

3,921

3,585

3,782

3,149

2,656

2,285

1,743

1,794

1,757

1,513

1,211

1,097

969

0

0

0

Depreciation and amortization expense

1,007

976

456

469

488

500

521

504

506

526

568

602

631

624

590

568

516

508

556

540

558

495

397

340

276

173

211

209

195

254

183

162

159

141

120

97

73

0

0

0

Total Operating Expenses

16,566

16,363

15,385

15,059

14,680

14,927

15,152

14,667

14,002

13,424

12,548

12,084

11,734

11,404

12,021

12,622

13,680

15,298

16,526

18,469

18,687

18,084

16,491

13,606

11,367

8,677

8,173

7,059

6,649

7,298

5,660

5,459

4,669

3,189

2,976

2,425

2,350

0

0

0

INCOME (LOSS) FROM OPERATIONS

361

3,164

5,499

6,754

7,855

7,973

8,842

8,291

8,024

6,839

5,418

3,445

732

-1,004

-1,185

-382

-40

735

2,051

4,630

8,535

9,516

9,785

9,680

8,671

8,526

5,989

3,761

2,159

1,609

3,323

4,054

4,367

4,681

4,276

3,524

2,341

0

0

0

Other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OTHER INCOME (EXPENSE)
Gain (loss) on sale of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of fixed assets

97

114

73

82

82

129

129

100

125

62

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense)

5

5

-2

-2

-6

-7

-5

21

44

40

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

7

-2

0

0

0

-

8

20

18

20

17

30

33

32

0

0

0

Gain on disposal of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

144

441

262

-90

21

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposal of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

Rental income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

0

0

0

3

3

3

3

0

0

0

0

Interest income

266

283

406

453

542

501

363

319

199

180

170

148

121

95

58

44

37

43

44

46

26

10

5

5

5

14

25

26

25

21

8

0

0

0

0

3

3

0

0

0

Total Other Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

202

517

334

-16

55

17

19

22

10

12

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Total Other Income

369

403

477

533

618

624

487

441

369

283

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11

-17

-16

-12

-26

-26

-28

0

0

0

INCOME (LOSS) BEFORE INCOME TAXES

731

3,567

5,976

7,287

8,474

8,597

9,329

8,732

8,394

7,123

5,705

3,752

950

-1,084

-1,139

-80

161

1,252

2,386

4,613

8,591

9,534

9,804

9,703

8,681

8,526

5,995

3,758

2,163

1,612

3,311

4,036

4,351

4,669

4,250

3,498

2,312

0

0

0

INCOME TAX BENEFIT (EXPENSE)

2,348

1,546

414

988

1,445

2,517

2,761

2,605

2,668

2,673

1,965

1,156

272

-398

-323

31

127

921

617

1,545

2,843

2,581

3,562

3,489

3,074

3,108

2,110

1,277

730

395

872

1,057

1,163

1,299

1,154

1,005

686

0

0

0

NET INCOME (LOSS)

-12

2,021

4,407

5,144

5,873

6,080

6,568

6,127

5,725

4,449

3,739

2,596

678

-686

-816

-112

34

330

1,768

3,068

5,747

6,953

6,242

6,214

5,607

5,417

3,885

2,480

1,432

1,217

2,438

2,978

3,187

3,370

3,095

2,492

1,626

0

0

0

OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation gain (loss)

0

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation gain (loss)

-

-

-

-

-

-

-

-

273

587

426

-102

-340

-1,255

-1,524

-2,406

-2,074

-2,352

-2,250

-1,620

-1,657

-763

-560

-196

-602

-828

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Unrealized gains (losses) on investments

-81

144

106

107

66

-35

-86

-64

-47

22

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Other Comprehensive Income (Loss)

-840

480

102

365

-204

-695

-635

-456

226

610

408

-152

-416

-1,368

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OTHER COMPREHENSIVE INCOME UNREALIZED HOLDING LOSS ON AVAILABLE FOR SALE SECURITIES LESS: RECLASSIFICATION ADJUSTMENT FOR NET LOSS INCLUDED IN NET INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

1

-5

-1

-4

0

0

0

FOREIGN CURRENCY TRANSLATION GAIN (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

516

-270

-147

-163

0

0

-

0

-

-

FOREIGN CURRENCY TRANSLATION GAIN (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

COMPREHENSIVE INCOME (LOSS)

-853

2,501

4,509

5,509

5,668

5,385

5,932

5,670

5,952

5,059

4,147

2,443

261

-2,054

-2,361

-2,518

-2,039

-2,021

-481

1,447

4,089

6,190

5,681

6,017

5,004

5,155

3,352

2,420

1,319

1,226

2,954

2,705

3,038

3,160

3,044

2,908

1,988

0

0

0

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

32,870

36,208

38,870

40,448

41,614

42,870

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Cost of Goods Sold

16,850

17,587

18,820

19,411

19,802

20,789

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service
Total Revenues

2,724

2,773

2,597

2,613

2,663

2,744

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Cost of Goods Sold

1,816

1,865

1,762

1,836

1,939

1,924

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-