
Communications Systems, Inc. Income Statement 2020-2011 | JCS
Brief overview of financial results at Communications Systems, Inc.
The comparison covers a five-year financial horizon. According to figures from Communications Systems, Inc., revenue changed from $108 million to $42.6 million over five years. The five-year change reached −60.5%, while CAGR stood at −16.9%. Revenue ended the period on a sustained downward trend.
Gross profit changed from $31.5 million to $17.2 million (−45.5%). Gross profit as a share of revenue changed from 29.3% to 40.4%. The business retained more gross profit from each unit of revenue.
EBITDA changed from −$7.2 million to −$2.7 million (+62.5%). Operating profitability strengthened faster than the scale of sales. Comparing the endpoints gives EBITDA margins of −6.7% and −6.3%. Operating efficiency did not change materially.
The net financial result changed from −$9.6 million to −$1.8 million. Losses became smaller, but the business remains unprofitable.
Market value was 63 million dollars at the start and 44.1 million dollars at the end. Capitalization lags the underlying business improvement.
Financial takeaway
The financial trajectory is weak and requires a cautious interpretation. The strongest signals are consistent operating efficiency, improving gross profitability and a stronger final result. The weaker side of the profile includes lower investor confidence, limited revenue growth and a narrow EBITDA buffer. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Communications Systems, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
44.1 M | 58.1 M | 22 M | 31.7 M | 44.8 M | 63 M | 88.4 M | 102 M | 95 M | 127 M |
Shares |
9.36 M | 9.27 M | 9.11 M | 8.94 M | 8.82 M | 8.72 M | 8.62 M | 8.53 M | 8.51 M | 8.45 M |
Net Income |
-1.8 M | 6.47 M | -6.79 M | -11.8 M | -8.11 M | -9.65 M | 1.96 M | -958 K | 2.24 M | 9.8 M |
Revenue |
42.6 M | 50.9 M | 65.8 M | 82.3 M | 99.4 M | 108 M | 119 M | 131 M | 104 M | 144 M |
EBITDA |
-2.7 M | 1.04 M | -3.98 M | -4.68 M | -774 K | -7.19 M | 6.01 M | 10.3 M | 5.53 M | 20.9 M |
Operating Expenses |
19.9 M | 22.2 M | 27.5 M | 28.7 M | 31 M | 42.1 M | 38.6 M | 36.7 M | 38.1 M | 40.1 M |
General and Administrative Expenses |
19.2 M | 22.2 M | 27.5 M | - | 31 M | 42.1 M | 38.6 M | 36.7 M | 38.1 M | 40.1 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Communications Systems, Inc. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.