MLSS
Income statement / Annual
Last year (2023), Milestone Scientific Inc.'s total revenue was $9.83 M,
an increase of 11.60% from the previous year.
In 2023, Milestone Scientific Inc.'s net income was -$6.93 M.
See Milestone Scientific 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 |
$9.83 M |
$8.81 M |
$10.30 M |
$5.44 M |
$8.37 M |
$9.62 M |
$11.28 M |
$10.48 M |
$9.49 M |
$10.33 M |
| Cost of Revenue |
$3.03 M
|
$3.91 M
|
$3.99 M
|
$1.82 M
|
$2.66 M
|
$5.19 M
|
$4.31 M
|
$4.18 M
|
$3.05 M
|
$3.63 M
|
| Gross Profit |
$6.79 M
|
$4.90 M
|
$6.31 M
|
$3.62 M
|
$5.72 M
|
$4.43 M
|
$6.97 M
|
$6.31 M
|
$6.44 M
|
$6.70 M
|
| Gross Profit Ratio |
0.69
|
0.56
|
0.61
|
0.67
|
0.68
|
0.46
|
0.62
|
0.6
|
0.68
|
0.65
|
| Research and Development Expenses |
$701,378.00
|
$1.15 M
|
$878,210.00
|
$307,850.00
|
$189,923.00
|
$245,636.00
|
$272,746.00
|
$1.27 M
|
$100,856.00
|
$88,243.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$10.65 M
|
$11.93 M
|
$11.55 M
|
$9.40 M
|
$7.40 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$13.14 M
|
$12.51 M
|
$12.74 M
|
$10.77 M
|
$9.53 M
|
$10.65 M
|
$11.93 M
|
$11.55 M
|
$9.40 M
|
$7.40 M
|
| Other Expenses |
$61,912.00
|
$63,755.00
|
$73,836.00
|
-$24,790.00
|
-$10,408.00
|
-$7,232.00
|
-$4,930.00
|
-$5,088.00
|
-$5,347.00
|
$0.00
|
| Operating Expenses |
$13.90 M
|
$13.73 M
|
$13.69 M
|
$11.07 M
|
$9.72 M
|
$10.89 M
|
$12.20 M
|
$12.82 M
|
$9.50 M
|
$7.49 M
|
| Cost And Expenses |
$16.93 M
|
$17.63 M
|
$17.68 M
|
$12.89 M
|
$12.37 M
|
$16.08 M
|
$16.52 M
|
$17.00 M
|
$12.55 M
|
$11.12 M
|
| Interest Income |
$0.00
|
$54,607.00
|
$16,360.00
|
$6,709.00
|
$1,543.00
|
$7,447.00
|
$9,298.00
|
$1,285.00
|
$3,838.00
|
$5,057.00
|
| Interest Expense |
$0.00
|
$54,607.00
|
$16,360.00
|
$18,081.00
|
$0.00
|
$0.00
|
$0.00
|
$1,285.00
|
$0.00
|
$2,668.00
|
| Depreciation & Amortization |
$150,769.00
|
$144,376.00
|
$128,930.00
|
$130,282.00
|
$256,469.00
|
$881,285.00
|
$573,151.00
|
$163,366.00
|
$97,375.00
|
$95,838.00
|
| EBITDA |
-$6.96 M |
-$8.68 M |
-$7.30 M |
-$7.36 M |
-$3.90 M |
-$5.58 M |
-$4.66 M |
-$6.35 M |
-$2.96 M |
-$694,338.00 |
| EBITDA Ratio |
-0.71
|
-0.99
|
-0.71
|
-1.35
|
-0.01
|
-0.42
|
-0.41
|
-0.61
|
-0.31
|
-0.15
|
| Operating Income Ratio |
-0.72
|
-1
|
-0.72
|
-1.37
|
-0.48
|
-0.83
|
-0.46
|
-0.62
|
-0.32
|
-0.08
|
| Total Other Income/Expenses Net |
$125,527.00
|
$54,607.00
|
$259,820.00
|
-$18,081.00
|
-$3.64 M
|
$215.00
|
$4,368.00
|
-$3,803.00
|
-$1,509.00
|
-$907,811.00
|
| Income Before Tax |
-$6.98 M
|
-$8.77 M
|
-$7.12 M
|
-$7.47 M
|
-$7.64 M
|
-$8.00 M
|
-$5.23 M
|
-$6.52 M
|
-$3.06 M
|
-$1.70 M
|
| Income Before Tax Ratio |
-0.71
|
-1
|
-0.69
|
-1.37
|
-0.91
|
-0.83
|
-0.46
|
-0.62
|
-0.32
|
-0.16
|
| Income Tax Expense |
$0.00
|
-$66,735.00
|
$333.00
|
$15,500.00
|
$18,126.00
|
$23,986.00
|
$19,093.00
|
-$19,101.00
|
$36,157.00
|
$9,509.00
|
| Net Income |
-$6.93 M
|
-$8.71 M
|
-$7.12 M
|
-$7.49 M
|
-$7.66 M
|
-$7.43 M
|
-$5.19 M
|
-$5.95 M
|
-$5.47 M
|
-$1.70 M
|
| Net Income Ratio |
-0.71
|
-0.99
|
-0.69
|
-1.38
|
-0.91
|
-0.77
|
-0.46
|
-0.57
|
-0.58
|
-0.16
|
| EPS |
-0.0952 |
-0.12 |
-0.1 |
-0.12 |
-0.17 |
-0.21 |
-0.16 |
-0.22 |
-0.26 |
-0.0848 |
| EPS Diluted |
-0.0952 |
-0.12 |
-0.1 |
-0.12 |
-0.17 |
-0.21 |
-0.16 |
-0.22 |
-0.26 |
-0.0848 |
| Weighted Average Shares Out |
$72.78 M
|
$70.61 M
|
$68.83 M
|
$63.06 M
|
$45.74 M
|
$35.30 M
|
$32.70 M
|
$26.97 M
|
$21.03 M
|
$20.06 M
|
| Weighted Average Shares Out Diluted |
$72.78 M
|
$70.61 M
|
$68.83 M
|
$63.06 M
|
$45.74 M
|
$35.30 M
|
$32.70 M
|
$26.97 M
|
$21.43 M
|
$20.06 M
|
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