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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