MTEK
Income statement / Annual
Last year (2023), Maris-Tech Ltd.'s total revenue was $4.03 M,
an increase of 60.93% from the previous year.
In 2023, Maris-Tech Ltd.'s net income was -$2.71 M.
See Maris-Tech Ltd.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$4.03 M
|
$2.50 M
|
$2.08 M
|
$987,883.00
|
$893,034.00
|
| Cost of Revenue |
$2.10 M |
$1.72 M |
$1.11 M |
$500,696.00 |
$502,514.00 |
| Gross Profit |
$1.93 M |
$782,792.00 |
$969,308.00 |
$487,187.00 |
$390,520.00 |
| Gross Profit Ratio |
0.48 |
0.31 |
0.47 |
0.49 |
0.44 |
| Research and Development
Expenses |
$1.05 M
|
$1.02 M
|
$706,021.00
|
$781,417.00
|
$750,768.00
|
| General & Administrative
Expenses |
$2.93 M
|
$2.84 M
|
$595,074.00
|
$93,196.00
|
$75,771.00
|
| Selling & Marketing
Expenses |
$874,793.00
|
$604,114.00
|
$241,114.00
|
$22,551.00
|
$24,927.00
|
| Selling, General &
Administrative Expenses |
$3.80 M
|
$3.44 M
|
$836,188.00
|
$93,196.00
|
$100,698.00
|
| Other Expenses |
$0.00 |
$0.00 |
$0.00 |
$3,525.00 |
$0.00 |
| Operating Expenses |
$4.86 M |
$4.47 M |
$1.54 M |
$878,138.00 |
$851,466.00 |
| Cost And Expenses |
$6.96 M |
$6.19 M |
$2.65 M |
$1.38 M |
$1.35 M |
| Interest Income |
$251,724.00 |
$4,495.00 |
$251,323.00 |
$249,392.00 |
$87,301.00 |
| Interest Expense |
$31,718.00 |
$4,495.00 |
$251,323.00 |
$249,392.00 |
$87,301.00 |
| Depreciation &
Amortization |
$60,649.00
|
$17,211.00
|
$5,056.00
|
$3,525.00
|
$3,730.00
|
| EBITDA |
-$2.87 M
|
-$3.67 M
|
-$567,845.00
|
-$387,425.00
|
-$457,216.00
|
| EBITDA Ratio |
-0.71 |
-1.46 |
-0.27 |
-0.39 |
-0.51 |
| Operating Income Ratio
|
-0.73
|
-1.47
|
-0.28
|
-0.4
|
-0.52
|
| Total Other
Income/Expenses Net |
$220,006.00
|
-$4,495.00
|
-$251,323.00
|
-$249,392.00
|
-$87,304.00
|
| Income Before Tax |
-$2.71 M |
-$3.69 M |
-$824,224.00 |
-$640,343.00 |
-$548,247.00 |
| Income Before Tax Ratio
|
-0.67
|
-1.47
|
-0.4
|
-0.65
|
-0.61
|
| Income Tax Expense |
$0.00 |
$4,495.00 |
$251,323.00 |
$249,392.00 |
$87,298.00 |
| Net Income |
-$2.71 M |
-$3.69 M |
-$1.08 M |
-$889,735.00 |
-$635,545.00 |
| Net Income Ratio |
-0.67 |
-1.47 |
-0.52 |
-0.9 |
-0.71 |
| EPS |
-0.34 |
-0.46 |
-0.35 |
-0.12 |
-0.0874 |
| EPS Diluted |
-0.34 |
-0.46 |
-0.35 |
-0.12 |
-0.0874 |
| Weighted Average Shares
Out |
$7.91 M
|
$8.00 M
|
$3.09 M
|
$7.28 M
|
$7.28 M
|
| Weighted Average Shares
Out Diluted |
$7.91 M
|
$8.00 M
|
$3.09 M
|
$7.28 M
|
$7.28 M
|
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