Maris-Tech Ltd. (MTEK) Financials

$2.17

north_east
$0.1 (4.91%)
Day's range
$2.11
Day's range
$2.21
$8M$8M$6M$6M$4M$4M$2M$2M$0$0-$2M-$2M-$4M-$4MEarning201920192020202020212021202220222023202320242024150%150%100%100%50%50%0%0%-50%-50%-100%-100%-150%-150%Profit Margin
Profit Margin
Revenue
Earnings

MTEK Income statement / Annual

Last year (2024), Maris-Tech Ltd.'s total revenue was $6.08 M, an increase of 50.80% from the previous year. In 2024, Maris-Tech Ltd.'s net income was -$1.23 M. See Maris-Tech Ltd.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $6.08 M $4.03 M $2.50 M $2.08 M $987,883.00 $893,034.00
Cost of Revenue $2.56 M $2.10 M $1.72 M $1.11 M $500,696.00 $502,514.00
Gross Profit $3.52 M $1.93 M $782,792.00 $969,308.00 $487,187.00 $390,520.00
Gross Profit Ratio 0.58 0.48 0.31 0.47 0.49 0.44
Research and Development Expenses $927,048.00 $1.05 M $1.02 M $706,021.00 $781,417.00 $750,768.00
General & Administrative Expenses $3.01 M $2.93 M $2.84 M $595,074.00 $93,196.00 $75,771.00
Selling & Marketing Expenses $923,439.00 $874,793.00 $604,114.00 $241,114.00 $22,551.00 $24,927.00
Selling, General & Administrative Expenses $3.94 M $3.80 M $3.44 M $836,188.00 $93,196.00 $100,698.00
Other Expenses -$2.70 M $0.00 $0.00 $0.00 $3,525.00 $0.00
Operating Expenses $2.17 M $4.86 M $4.47 M $1.54 M $878,138.00 $851,466.00
Cost And Expenses $4.73 M $6.96 M $6.19 M $2.65 M $1.38 M $1.35 M
Interest Income $0.00 $251,724.00 $4,495.00 $251,323.00 $249,392.00 $87,301.00
Interest Expense $0.00 $31,718.00 $4,495.00 $251,323.00 $249,392.00 $87,301.00
Depreciation & Amortization $97,213.00 $60,649.00 $17,211.00 $5,056.00 $3,525.00 $3,730.00
EBITDA -$1.25 M -$2.87 M -$3.67 M -$567,845.00 -$387,425.00 -$457,216.00
EBITDA Ratio -0.21 -0.71 -1.46 -0.27 -0.39 -0.51
Operating Income Ratio 0.22 -0.73 -1.47 -0.28 -0.4 -0.52
Total Other Income/Expenses Net -$2.58 M $220,006.00 -$4,495.00 -$251,323.00 -$249,392.00 -$87,304.00
Income Before Tax -$1.23 M -$2.71 M -$3.69 M -$824,224.00 -$640,343.00 -$548,247.00
Income Before Tax Ratio -0.2 -0.67 -1.47 -0.4 -0.65 -0.61
Income Tax Expense $0.00 $0.00 $4,495.00 $251,323.00 $249,392.00 $87,298.00
Net Income -$1.23 M -$2.71 M -$3.69 M -$1.08 M -$889,735.00 -$635,545.00
Net Income Ratio -0.2 -0.67 -1.47 -0.52 -0.9 -0.71
EPS 0 -0.34 -0.46 -0.35 -0.12 -0.0874
EPS Diluted 0 -0.34 -0.46 -0.35 -0.12 -0.0874
Weighted Average Shares Out $0.00 $7.91 M $8.00 M $3.09 M $7.28 M $7.28 M
Weighted Average Shares Out Diluted $0.00 $7.91 M $8.00 M $3.09 M $7.28 M $7.28 M
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