Concentric AB (publ)

CCNTF · OTC
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12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue$4,205,000$4,056,000$2,115,000$1,502,000
% Growth3.7%91.8%40.8%
Cost of Goods Sold$3,144,000$2,991,000$1,495,000$1,039,000
Gross Profit$1,061,000$1,065,000$620,000$463,000
% Margin25.2%26.3%29.3%30.8%
R&D Expenses$95,000$91,000$37,000$28,000
G&A Expenses$280,000$210,000$159,000$136,000
SG&A Expenses$395,000$328,000$219,000$182,000
Sales & Mktg Exp.$115,000$118,000$60,000$46,000
Other Operating Expenses-$24,000$62,000$26,000$31,000
Operating Expenses$466,000$481,000$282,000$241,000
Operating Income$595,000$677,000$403,000$276,000
% Margin14.1%16.7%19.1%18.4%
Other Income/Exp. Net-$69,000-$43,000-$13,000-$20,000
Pre-Tax Income$526,000$634,000$390,000$256,000
Tax Expense$109,000$133,000$52,000$51,000
Net Income$417,000$501,000$338,000$205,000
% Margin9.9%12.4%16%13.6%
EPS1113.28.925.42
% Growth-16.7%48%64.6%
EPS Diluted1113.178.895.41
Weighted Avg Shares Out37,90937,96137,90237,815
Weighted Avg Shares Out Dil37,89338,03038,02037,860
Supplemental Information
Interest Income$9,000$8,000$1,000$2,000
Interest Expense$70,000$48,000$8,000$8,000
Depreciation & Amortization$191,000$188,000$98,000$86,000
EBITDA$780,000$870,000$496,000$350,000
% Margin18.5%21.4%23.5%23.3%