Profire Energy, Inc. (PFIE)

Profire Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	58.21	45.94	26.36	21.46	38.98
Revenue Growth (YoY)	26.71%	74.29%	22.82%	-44.95%	-14.54%
Cost of Revenue	27.68	24.29	14.96	11.93	19.45
Gross Profit	30.53	21.65	11.4	9.53	19.53
Selling, General & Admin	17.18	14.78	11.53	10.64	13.45
Research & Development	0.92	1.05	1.12	1.3	1.93
Other Operating Expenses	0.58	0.63	0.76	0.67	0.98
Operating Expenses	18.68	16.46	13.42	12.61	16.36
Operating Income	11.85	5.19	-2.02	-3.08	3.16
Interest Expense / Income	0.01	0.02	0	0	0
Other Expense / Income	-0.6	-0.51	-0.33	-0.42	-0.4
Pretax Income	12.45	5.69	-1.68	-2.66	3.57
Income Tax	1.67	1.74	-0.63	-0.48	1.55
Net Income	10.78	3.95	-1.05	-2.18	2.02
Net Income Growth	172.98%	-	-	-	-66.76%
Shares Outstanding (Basic)	47	47	48	48	47
Shares Outstanding (Diluted)	49	48	48	48	48
Shares Change	1.40%	0.78%	0.61%	-0.74%	-2.21%
EPS (Basic)	0.23	0.08	-0.02	-0.05	0.04
EPS (Diluted)	0.22	0.08	-0.02	-0.05	0.04
EPS Growth	175.00%	-	-	-	-66.67%
Free Cash Flow	6.19	0.44	0.66	-0.77	3.17
Free Cash Flow Per Share	0.13	0.01	0.01	-0.02	0.07
Gross Margin	52.45%	47.13%	43.26%	44.39%	50.10%
Operating Margin	20.37%	11.31%	-7.65%	-14.35%	8.12%
Profit Margin	18.51%	8.59%	-3.99%	-10.14%	5.19%
Free Cash Flow Margin	10.64%	0.95%	2.50%	-3.58%	8.12%
Effective Tax Rate	13.42%	30.57%	-	-	43.34%
EBITDA	13.56	6.81	-0.43	-1.48	5.03
EBITDA Margin	23.30%	14.81%	-1.61%	-6.91%	12.92%
Depreciation & Amortization	1.11	1.1	1.26	1.18	1.47
EBIT	12.46	5.7	-1.68	-2.66	3.57
EBIT Margin	21.40%	12.42%	-6.38%	-12.39%	9.15%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).