Are sales (revenues) growing steadily, and, if so, at what rate? What is the cost of goods sold compared to revenues? Is
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Are sales (revenues) growing steadily, and, if so, at what rate? What is the cost of goods sold compared to revenues? Is
5 Consolidated Satements of Income (in thousands) 2020 2019 2018 80,144 54.063 61,529 45835 43,155 41,072 14,309 20.908 20,457 2379.1% 3263.7% 3324.8% 7 Revenue 8 Net sales 9 Cost of goods sold 10 Gross profit/s) 11 Gross margin 12 13 Operating expenses 14 Sales and markering 15 Engineering and product development 16 General and administrative 17 Total operating expenses 18 Operating Income/oss 19 20 Other Incomelexpense 21 Interest income/expense 22 Other income/expense) 23 Income before provision for income taxes 24 Income taxes 25 Net Income (los) 26 Net margin 4.733 3,141 1,913 9,787 4,522 4.537 2.992 1.601 9,130 11.778 3,944 2,339 1,392 7.875 12.782 1,747 175 80 (6,254) (2.914) (3,080) 15 9,039 9,782 1,459 1,729 535 7,310 9,247 2309% -25086% -30023% 27