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RETRACTABLE TECHNOLOGIES INC (RVP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Sales, net  188.481.941.833.334.529.829.634.5
            Sales, net growth  130.1%95.9%25.6%-3.5%15.6%0.9%-14.4%12.1%
Cost of sales:          
Total cost of sales  93.044.927.723.124.519.516.519.8
    Gross profit  95.437.014.110.210.010.310.612.0
            Gross margin  50.6%45.2%33.8%30.7%28.9%34.7%35.8%34.8%
   
Operating expenses:          
Sales and marketing  4.54.14.24.44.74.03.84.0
Research and development  0.90.60.50.60.70.60.60.6
General and administrative  17.48.36.46.88.48.89.39.6
    Total operating expenses  22.812.911.211.813.813.835.314.2
    Income (loss) from operations  72.624.13.0-1.3-3.8-3.5-3.2-2.2
            Operating margin  38.5%29.4%7.1%-4.0%-11.0%-11.8%-10.9%-6.3%
Other income - TIA  0.4       
Interest and other income  0.82.30.40.20.10.00.00.0
Interest expense  -0.2-0.3-0.2-0.2-0.2-0.2-0.2-0.2
    Income (loss) before income taxes  75.026.13.2     
Provision (benefit) for income taxes  18.91.90.00.0-0.20.00.00.0
    Net income (loss)  56.124.23.1-1.3-3.7-3.74.3-2.4
Preferred Stock dividend requirements  -0.2-0.6-0.7-0.7-0.7-0.7-0.7-0.9
    Net income (loss) applicable to common shareholders  55.826.62.4-2.0-4.4-4.45.9-3.3
   
Basic earnings (loss) per share  $1.65$0.80$0.07($0.06)($0.14)($0.15)$0.21($0.12)
Diluted earnings (loss) per share  $1.63$0.80$0.07($0.06)($0.14)($0.15)$0.20($0.12)
   
Weighted average common shares outstanding:          
Basic (in shares)  33.933.232.732.732.029.427.827.4
Diluted (in shares)  34.233.332.732.732.029.429.527.4

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