BOE Varitronix Limited
VARXF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $13,448,506 | $10,760,416 | $10,722,361 | $7,737,943 |
| % Growth | 25% | 0.4% | 38.6% | – |
| Cost of Goods Sold | $11,178,266 | $8,758,277 | $9,840,909 | $7,163,425 |
| Gross Profit | $2,270,240 | $2,002,139 | $881,452 | $574,518 |
| % Margin | 16.9% | 18.6% | 8.2% | 7.4% |
| R&D Expenses | $0 | $0 | $192,751 | $199,705 |
| G&A Expenses | $28,966 | $18,130 | $23,077 | $24,893 |
| SG&A Expenses | $256,204 | $153,747 | $133,973 | $119,475 |
| Sales & Mktg Exp. | $227,238 | $135,617 | $110,896 | $94,582 |
| Other Operating Expenses | $1,576,583 | $1,278,669 | $26,078 | -$33,796 |
| Operating Expenses | $1,832,787 | $1,432,416 | $352,802 | $285,384 |
| Operating Income | $437,453 | $569,723 | $670,464 | $350,084 |
| % Margin | 3.3% | 5.3% | 6.3% | 4.5% |
| Other Income/Exp. Net | -$15,362 | -$29,691 | -$12,361 | -$915 |
| Pre-Tax Income | $422,091 | $540,032 | $658,103 | $349,169 |
| Tax Expense | $20,506 | $58,951 | $98,077 | $38,960 |
| Net Income | $391,282 | $475,260 | $582,451 | $327,798 |
| % Margin | 2.9% | 4.4% | 5.4% | 4.2% |
| EPS | 0.5 | 0.6 | 0.78 | 0.45 |
| % Growth | -16.7% | -23.1% | 73.3% | – |
| EPS Diluted | 0.5 | 0.6 | 0.78 | 0.45 |
| Weighted Avg Shares Out | 788,572 | 786,365 | 742,756 | 727,081 |
| Weighted Avg Shares Out Dil | 790,536 | 788,954 | 748,648 | 732,457 |
| Supplemental Information | – | – | – | – |
| Interest Income | $115,440 | $93,282 | $52,849 | $25,403 |
| Interest Expense | $15,362 | $28,607 | $14,041 | $2,354 |
| Depreciation & Amortization | $248,365 | $205,263 | $171,068 | $163,491 |
| EBITDA | $685,818 | $770,515 | $761,400 | $477,607 |
| % Margin | 5.1% | 7.2% | 7.1% | 6.2% |