NVE Corporation (NVEC)

NVE Corporation Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	25.69	29.8	38.25	26.99	21.37	25.41
Revenue Growth (YoY)	-27.68%	-22.09%	41.75%	26.31%	-15.92%	-4.00%
Cost of Revenue	4.46	6.77	8.06	6.26	4.12	4.89
Gross Profit	21.23	23.03	30.19	20.72	17.24	20.52
Selling, General & Admin	2.02	1.77	1.96	1.47	1.32	1.32
Research & Development	3.41	2.73	2.58	2.93	3.18	3.69
Operating Expenses	5.42	4.51	4.55	4.4	4.5	5.01
Operating Income	15.81	18.52	25.64	16.33	12.74	15.51
Interest & Investment Income	1.94	1.95	1.45	1.17	1.5	1.79
Pretax Income	17.88	20.47	27.09	17.5	14.24	17.3
Income Tax Expense	2.9	3.34	4.4	2.99	2.55	2.78
Net Income	14.99	17.12	22.69	14.51	11.69	14.53
Net Income to Common	14.99	17.12	22.69	14.51	11.69	14.53
Net Income Growth	-30.45%	-24.54%	56.43%	24.05%	-19.50%	0.13%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
Shares Change (YoY)	0.02%	0.16%	-0.07%	0.02%	-0.27%	-0.07%
EPS (Basic)	3.10	3.54	4.70	3.00	2.42	3.00
EPS (Diluted)	3.10	3.54	4.70	3.00	2.42	3.00
EPS Growth	-30.47%	-24.65%	56.59%	24.01%	-19.30%	0.26%
Free Cash Flow	13.8	18.23	18.16	12.02	13.3	15.84
Free Cash Flow Per Share	2.85	3.77	3.76	2.49	2.75	3.27
Dividend Per Share	4.000	4.000	4.000	4.000	4.000	4.000
Gross Margin	82.64%	77.28%	78.92%	76.79%	80.71%	80.76%
Operating Margin	61.53%	62.13%	67.04%	60.51%	59.64%	61.05%
Profit Margin	58.34%	57.46%	59.33%	53.76%	54.73%	57.16%
Free Cash Flow Margin	53.71%	61.17%	47.46%	44.54%	62.26%	62.35%
EBITDA	16.12	18.83	25.84	16.75	13.29	16.06
EBITDA Margin	62.77%	63.17%	67.55%	62.08%	62.19%	63.22%
D&A For EBITDA	0.32	0.31	0.2	0.42	0.54	0.55
EBIT	15.81	18.52	25.64	16.33	12.74	15.51
EBIT Margin	61.53%	62.13%	67.04%	60.51%	59.64%	61.05%
Effective Tax Rate	16.20%	16.33%	16.23%	17.10%	17.89%	16.04%
Revenue as Reported	25.69	29.8	38.25	26.99	21.37	25.41

Updated Jan 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q