Pioneer Power Solutions, Inc. (PPSI)

Pioneer Power Solutions Income Statement

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

Year Ending	TTM	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	42.6	27	18.31	19.49	20.58	20.13
Revenue Growth (YoY)	103.13%	47.45%	-6.05%	-5.31%	2.26%	-82.41%
Cost of Revenue	31.21	22.39	16.92	18.61	19.42	18.23
Gross Profit	11.4	4.61	1.39	0.88	1.17	1.89
Selling, General & Admin	10.01	8.64	5.26	5.17	12.92	11.02
Other Operating Expenses	0	0	0	0	0	0.06
Operating Expenses	10.01	8.64	5.26	5.17	12.92	11.08
Operating Income	1.39	-4.03	-3.86	-4.28	-11.75	-9.19
Interest Expense / Income	0	0	0	0	0.4	0.92
Other Expense / Income	-0.39	-0.4	-1.68	-1.3	-12.4	-3.65
Pretax Income	1.78	-3.63	-2.18	-2.98	0.25	-6.46
Income Tax	0	0.01	-0.02	0.01	1.28	-0.8
Net Income	1.78	-3.64	-2.17	-2.99	-1.03	-5.66
Shares Outstanding (Basic)	10	10	9	9	9	9
Shares Outstanding (Diluted)	10	10	9	9	9	9
Shares Change	4.92%	9.82%	1.51%	-	-	0.10%
EPS (Basic)	0.18	-0.37	-0.24	-0.34	-0.12	-0.65
EPS (Diluted)	0.18	-0.37	-0.24	-0.34	-0.12	-0.65
Free Cash Flow	-5.53	-7.28	-3.43	-3.61	-5.73	2.33
Free Cash Flow Per Share	-0.55	-0.75	-0.39	-0.41	-0.66	0.27
Dividend Per Share	-	-	0.120	-	1.370	-
Gross Margin	26.75%	17.06%	7.61%	4.52%	5.66%	9.41%
Operating Margin	3.26%	-14.92%	-21.09%	-21.98%	-57.10%	-45.66%
Profit Margin	4.17%	-13.47%	-11.83%	-15.32%	-5.01%	-28.14%
Free Cash Flow Margin	-12.98%	-26.98%	-18.73%	-18.54%	-27.82%	11.56%
Effective Tax Rate	-	-	-	-	519.51%	-
EBITDA	3.27	-2.5	-1.17	-1.9	2.37	-2.24
EBITDA Margin	7.68%	-9.27%	-6.36%	-9.72%	11.52%	-11.13%
Depreciation & Amortization	1.5	1.13	1.02	1.09	1.73	3.3
EBIT	1.78	-3.63	-2.18	-2.98	0.64	-5.54
EBIT Margin	4.17%	-13.45%	-11.92%	-15.30%	3.12%	-27.55%

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).