GVP
Income statement / Annual
Last year (2023), GSE Systems, Inc.'s total revenue was $45.04 M,
a decrease of 5.64% from the previous year.
In 2023, GSE Systems, Inc.'s net income was -$8.72 M.
See GSE Systems, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$45.04 M
|
$47.73 M
|
$55.18 M
|
$57.62 M
|
$82.98 M
|
$92.25 M
|
$70.88 M
|
$53.10 M
|
$56.80 M
|
$37.93 M
|
| Cost of Revenue |
$33.80 M |
$35.82 M |
$43.33 M |
$42.84 M |
$62.68 M |
$69.12 M |
$52.34 M |
$37.86 M |
$42.41 M |
$26.55 M |
| Gross Profit |
$11.24 M |
$11.91 M |
$11.86 M |
$14.79 M |
$20.30 M |
$23.13 M |
$18.54 M |
$15.24 M |
$14.40 M |
$11.38 M |
| Gross Profit Ratio |
0.25 |
0.25 |
0.21 |
0.26 |
0.24 |
0.25 |
0.26 |
0.29 |
0.25 |
0.3 |
| Research and Development
Expenses |
$572,000.00
|
$611,000.00
|
$626,000.00
|
$686,000.00
|
$710,000.00
|
$899,000.00
|
$1.39 M
|
$1.38 M
|
$3.10 M
|
$3.45 M
|
| General & Administrative
Expenses |
$11.54 M
|
$16.07 M
|
$13.35 M
|
$14.73 M
|
$12.39 M
|
$16.31 M
|
$14.00 M
|
$11.33 M
|
$14.22 M
|
$17.57 M
|
| Selling & Marketing
Expenses |
$4.29 M
|
$958,000.00
|
$1.56 M
|
$1.03 M
|
$3.78 M
|
$1.16 M
|
$1.47 M
|
$1.17 M
|
$4.66 M
|
$5.90 M
|
| Selling, General &
Administrative Expenses |
$15.83 M
|
$17.03 M
|
$14.91 M
|
$15.77 M
|
$16.17 M
|
$17.47 M
|
$15.47 M
|
$12.51 M
|
$14.22 M
|
$17.57 M
|
| Other Expenses |
-$802,000.00 |
$1.17 M |
$1.50 M |
$2.27 M |
$2.41 M |
$29,000.00 |
-$4,000.00 |
$130,000.00 |
-$146,000.00 |
$1,000.00 |
| Operating Expenses |
$16.40 M |
$18.81 M |
$17.03 M |
$18.72 M |
$19.29 M |
$20.50 M |
$17.54 M |
$13.18 M |
$15.20 M |
$18.31 M |
| Cost And Expenses |
$50.21 M |
$54.64 M |
$60.36 M |
$61.56 M |
$81.96 M |
$89.61 M |
$69.87 M |
$51.04 M |
$57.61 M |
$44.86 M |
| Interest Income |
$0.00 |
$1.27 M |
$159,000.00 |
$672,000.00 |
$1.04 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$1.93 M |
$1.27 M |
$159,000.00 |
$623,000.00 |
$988,000.00 |
-$268,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$1.01 M
|
$1.51 M
|
$1.87 M
|
$2.61 M
|
$3.13 M
|
$2.63 M
|
$1.15 M
|
$1.08 M
|
$987,000.00
|
$738,000.00
|
| EBITDA |
-$4.15 M
|
-$5.82 M
|
$13.21 M
|
-$1.67 M
|
$11.51 M
|
$6.38 M
|
$2.36 M
|
$3.25 M
|
$3.55 M
|
-$6.40 M
|
| EBITDA Ratio |
-0.09 |
-0.12 |
0.24 |
-0.03 |
0.14 |
0.07 |
0.03 |
0.06 |
0.06 |
-0.17 |
| Operating Income Ratio
|
-0.11
|
-0.14
|
0.21
|
-0.07
|
0.11
|
0.01
|
0
|
0.03
|
-0.07
|
-0.18
|
| Total Other
Income/Expenses Net |
-$3.54 M
|
-$8.39 M
|
-$941,000.00
|
-$6.24 M
|
-$15.10 M
|
-$1.59 M
|
-$683,000.00
|
-$378,000.00
|
-$3.52 M
|
$210,000.00
|
| Income Before Tax |
-$8.70 M |
-$15.29 M |
$10.77 M |
-$10.18 M |
-$6.00 M |
$777,000.00 |
$404,000.00 |
$1.77 M |
-$4.23 M |
-$6.58 M |
| Income Before Tax Ratio
|
-0.19
|
-0.32
|
0.2
|
-0.18
|
-0.07
|
0.01
|
0.01
|
0.03
|
-0.07
|
-0.17
|
| Income Tax Expense |
$22,000.00 |
$51,000.00 |
$163,000.00 |
$355,000.00 |
-$1.08 M |
$1.13 M |
-$4.98 M |
$350,000.00 |
$471,000.00 |
$166,000.00 |
| Net Income |
-$8.72 M |
-$15.34 M |
$10.61 M |
-$10.54 M |
-$4.92 M |
-$354,000.00 |
$5.38 M |
$1.42 M |
-$4.71 M |
-$6.74 M |
| Net Income Ratio |
-0.19 |
-0.32 |
0.19 |
-0.18 |
-0.06 |
-0 |
0.08 |
0.03 |
-0.08 |
-0.18 |
| EPS |
-3.51 |
-7.18 |
5.11 |
-5.16 |
-2.45 |
-0.18 |
3.4 |
0.78 |
-2.63 |
-3.77 |
| EPS Diluted |
-3.51 |
-7.18 |
5.11 |
-5.16 |
-2.45 |
-0.18 |
3.3 |
0.78 |
-2.63 |
-3.77 |
| Weighted Average Shares
Out |
$2.49 M
|
$2.14 M
|
$2.08 M
|
$2.04 M
|
$2.01 M
|
$1.97 M
|
$1.96 M
|
$1.82 M
|
$1.79 M
|
$1.79 M
|
| Weighted Average Shares
Out Diluted |
$2.49 M
|
$2.14 M
|
$2.08 M
|
$2.04 M
|
$2.01 M
|
$1.97 M
|
$1.99 M
|
$1.85 M
|
$1.79 M
|
$1.79 M
|
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