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The National Security Group NSEC
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Quarterly report 2022-Q1
added 05-23-2026

The National Security Group Income Statement 2021-2009 | NSEC

Brief overview of income trends at The National Security Group

The conclusions below are based on five years of reported results. Revenue reported by The National Security Group was $66.9 million at the beginning of the period and $66.2 million at the end. The total change was −1%, with a CAGR of approximately −0.2%. The revenue trend is close to stagnation.

The five-year change in net income was −81%: from $3.1 million to $582 thousand. The business generated less net income by the end of the period.

The five-year change in capitalization reached −1.7%: from $40.9 million to $40.2 million. Valuation expanded much faster than the underlying results.

Conclusion

The results present an uneven picture without one dominant signal. The weaker side of the profile includes declining net profitability and weak sales momentum. Further direction will depend on top-line growth, operating profitability, and net income.

Annual Income Statement The National Security Group

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

Market Cap

 40.2 M 28.8 M 30.3 M 28.3 M 35.4 M 40.9 M 34 M 30.9 M 19.6 M 17.6 M 18.9 M - -

Shares

 2.53 M 2.53 M 2.53 M 2.53 M 2.52 M 2.52 M 2.51 M 2.5 M 2.48 M 2.47 M 2.47 M - -

Historical Prices

 15.9 11.4 12 11.2 14.1 16.3 13.5 12.3 7.9 7.12 7.65 - -

Net Income

 582 K -8.62 M 4.07 M 779 K -1.2 M 3.06 M 4.7 M 7.62 M 5.66 M -6.67 M -4.96 M 3.26 M -

Revenue

 66.2 M 66.6 M 67.4 M 64.9 M 65.6 M 66.9 M 64 M 64.4 M 61.2 M 59.5 M 62.1 M 69.4 M -

Gross Profit

 - 66.6 M - - - - - - - - - - -

Interest Expense

 592 K 864 K 1.16 M 1.24 M 1.31 M 1.35 M 1.39 M 1.52 M 1.69 M 1.28 M 1.15 M 1.16 M -

EBITDA

 289 K 261 K 365 K 312 K 514 K 303 K 299 K 480 K 703 K 657 K 322 K 277 K -

Operating Expenses

 - 9.3 M 63 M 64 M 67 M 63 M 58 M 55 M 54 M 71 M 70 M - -

General and Administrative Expenses

 9.66 M 9.3 M 9.7 M 8.84 M 8.82 M 9 M 8.62 M 9.43 M 8.44 M 8.75 M 8.83 M 10.7 M -

All numbers in USD currency

Quarterly Income Statement The National Security Group

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

 - - - 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.53 M 2.52 M 2.52 M 2.52 M 2.52 M 2.52 M 2.52 M 2.52 M 2.52 M 2.51 M 2.51 M 2.51 M 2.51 M 2.51 M 2.51 M 2.51 M 2.51 M 2.5 M 2.5 M 2.49 M 2.49 M 2.48 M 2.47 M 2.47 M 2.47 M 2.47 M 2.47 M 2.47 M 2.47 M 2.47 M 2.47 M -

Net Income

 - - - 963 K - -644 K -1.04 M 722 K - -778 K -4.73 M -860 K - 430 K -587 K 2.44 M - 907 K 457 K 471 K - -557 K -999 K -316 K - 930 K 1.3 M 941 K - 1.62 M 623 K 1.31 M - 1.8 M 1.93 M 999 K - 3.34 M 965 K -409 K - -627 K -7.31 M 531 K - -650 K -4.94 M 995 K

Revenue

 - - - 16.2 M - 16.7 M 16.2 M 16.3 M - 17.8 M 16.8 M 15.1 M - 16.2 M 16.2 M 17.9 M - 17.1 M 16.2 M 15.9 M - 16.6 M 16.5 M 16.3 M - 17.1 M 16.6 M 16.3 M - 16.1 M 16.1 M 16 M - 15.5 M 17.2 M 15 M - 17.7 M 14.9 M 14.2 M - 16 M 14.7 M 15 M - 15.3 M 15 M 17 M

Interest Expense

 - - - 147 K - 171 K 153 K 138 K - 200 K 199 K 261 K - 293 K 291 K 295 K - 306 K 309 K 302 K - 320 K 326 K 323 K - 339 K 333 K 345 K - 346 K 345 K 317 K - 380 K 382 K 386 K - 434 K 435 K 442 K - 311 K 288 K 292 K - 293 K 285 K 285 K

EBITDA

 - - - 100 K - 176 K 143 K 51 K - 221 K 123 K 69 K - 201 K 143 K 72 K - 218 K 169 K 100 K - 390 K 265 K 146 K - 255 K 154 K 85 K - 235 K 165 K 79 K - 390 K 262 K 134 K - 563 K 398 K 202 K - 465 K 286 K 127 K - 274 K 187 K 93 K

General and Administrative Expenses

 - - - 2.12 M - 1.98 M 2.57 M 2.3 M - 2.31 M 2.49 M 1.39 M - 2.23 M 2.42 M 2.33 M - 2.4 M 2.67 M 2 M - 2.4 M 2.22 M 1.8 M - 2.03 M 2.16 M 2.13 M - 1.71 M 2.09 M 2.01 M - 1.72 M 2.41 M 2.03 M - 2.16 M 2.2 M 1.84 M - 1.95 M 1.84 M 2.49 M - 2.2 M 2.42 M 2.56 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company The National Security Group (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.

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