Tungray Technologies Inc. (TRSG)

Tungray Technologies Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	14.36	14.36	16.33	17.47	9.51
Revenue Growth (YoY)	-12.07%	-12.07%	-6.49%	83.73%	-
Cost of Revenue	7.63	7.63	7.14	8.4	4.92
Gross Profit	6.74	6.74	9.2	9.07	4.59
Selling, General & Admin	4.82	4.82	5.15	3.71	2.7
Research & Development	0.79	0.79	0.83	0.67	0.31
Operating Expenses	5.61	5.61	5.98	4.38	3.01
Operating Income	1.12	1.12	3.21	4.69	1.58
Interest Expense	-0.16	-0.16	-0.04	-0.19	-0.3
Other Non Operating Income (Expenses)	0.36	0.36	0.22	0.32	0.25
Pretax Income	1.32	1.32	3.4	4.82	1.54
Income Tax Expense	0.5	0.5	0.52	0.71	0.31
Earnings From Continuing Operations	0.82	0.82	2.88	4.11	1.22
Minority Interest in Earnings	0.1	0.1	0.01	0	-
Net Income	0.92	0.92	2.89	4.11	1.22
Net Income to Common	0.92	0.92	2.89	4.11	1.22
Net Income Growth	-68.35%	-68.35%	-29.62%	236.06%	-
Shares Outstanding (Basic)	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15
EPS (Basic)	0.06	0.06	0.19	0.27	0.08
EPS (Diluted)	0.06	0.06	0.19	0.27	0.08
EPS Growth	-68.35%	-68.35%	-29.62%	236.06%	-
Free Cash Flow	0.41	0.41	3.49	5.78	1.14
Free Cash Flow Per Share	0.03	0.03	0.23	0.39	0.08
Gross Margin	46.90%	46.90%	56.30%	51.91%	48.27%
Operating Margin	7.83%	7.83%	19.67%	26.85%	16.60%
Profit Margin	6.37%	6.37%	17.71%	23.53%	12.86%
Free Cash Flow Margin	2.84%	2.84%	21.38%	33.09%	11.96%
EBITDA	1.36	1.36	3.45	5.12	1.75
EBITDA Margin	9.46%	9.46%	21.13%	29.33%	18.40%
D&A For EBITDA	0.23	0.23	0.24	0.43	0.17
EBIT	1.12	1.12	3.21	4.69	1.58
EBIT Margin	7.83%	7.83%	19.67%	26.85%	16.60%
Effective Tax Rate	38.20%	38.20%	15.22%	14.68%	20.43%
Revenue as Reported	14.36	14.36	16.33	17.47	9.51
Advertising Expenses	-	-	-	-	0

Source: S&P Capital IQ. Standard template. Financial Sources.