Search for news, symbols or companies finance Breakdown TTM 12/31/2019 12/31/2018 Total Revenue 261,972,000 256,776,000 194,579,000 Cost of Revenue 215,276,000 211,248,000 163,041,000 Gross Profit 46,696,000 45,528,000 31,538,000 > Operating Expenses 33,854,000 33,541,000 21,368,000 Operating Income or Loss 12,842,000 11,987,000 10,170,000 Interest Expense 2,986,000 3,035,000 2,619,000 Total Other Income/Expenses Net -19,000 45,000 -6,145,000 Income Before Tax 9,837,000 8,997,000 1,406,000 Income Tax Expense 2,621,000 2,366,000 2,002,000 Income from Continuing Operations 7,216,000 6,631,000 -596,000 Net Income 7,220,000 6,634,000 -594,000 Net Income available to common s. 7,222,000 6,634,000 -594,000 Basic EPS 5.10 -0.57 Diluted EPS 5.08 -0.57 Basic Average Shares 1,301,000 1,044,000
Search for news, symbols or companies finance Breakdown TTM 12/31/2019 12/31/2018 Total Revenue 261,972,000 256,776,000 194,579,000 Cost of Revenue 215,276,000 211,248,000 163,041,000 Gross Profit 46,696,000 45,528,000 31,538,000 > Operating Expenses 33,854,000 33,541,000 21,368,000 Operating Income or Loss 12,842,000 11,987,000 10,170,000 Interest Expense 2,986,000 3,035,000 2,619,000 Total Other Income/Expenses Net -19,000 45,000 -6,145,000 Income Before Tax 9,837,000 8,997,000 1,406,000 Income Tax Expense 2,621,000 2,366,000 2,002,000 Income from Continuing Operations 7,216,000 6,631,000 -596,000 Net Income 7,220,000 6,634,000 -594,000 Net Income available to common s. 7,222,000 6,634,000 -594,000 Basic EPS 5.10 -0.57 Diluted EPS 5.08 -0.57 Basic Average Shares 1,301,000 1,044,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Perform horizontal analysis of the business’s income statement. Is the trend becoming more favorable, unfavorable or remaining constant? Explain your answer.

Transcribed Image Text:Search for news, symbols or companies
finance
Breakdown
TTM
12/31/2019
12/31/2018
Total Revenue
261,972,000
256,776,000
194,579,000
Cost of Revenue
215,276,000
211,248,000
163,041,000
Gross Profit
46,696,000
45,528,000
31,538,000
> Operating Expenses
33,854,000
33,541,000
21,368,000
Operating Income or Loss
12,842,000
11,987,000
10,170,000
Interest Expense
2,986,000
3,035,000
2,619,000
Total Other Income/Expenses Net
-19,000
45,000
-6,145,000
Income Before Tax
9,837,000
8,997,000
1,406,000
Income Tax Expense
2,621,000
2,366,000
2,002,000
Income from Continuing Operations
7,216,000
6,631,000
-596,000
Net Income
7,220,000
6,634,000
-594,000
Net Income available to common s.
7,222,000
6,634,000
-594,000
Basic EPS
5.10
-0.57
Diluted EPS
5.08
-0.57
Basic Average Shares
1,301,000
1,044,000
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