PROFIRE ENERGY INC Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019
Revenues
Cost of goods sold-product
Service
Total Revenues
Cost of Goods Sold
Cost of goods sold-product
Service
Total Cost of Goods Sold
GROSS PROFIT
OPERATING EXPENSES
General and administrative
Research and development
Depreciation and amortization
Total Operating Expenses
INCOME FROM OPERATIONS
OTHER INCOME (EXPENSE)
Gain on sale of fixed assets
Gain on sale of property and equipment
Other income (expense)
Interest income
Interest expense
Total Other Income
INCOME BEFORE INCOME TAXES
INCOME TAX EXPENSE (note 12)
NET INCOME
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation gain (loss)
Unrealized gains (losses) on investments
Total Other Comprehensive Income (Loss)
COMPREHENSIVE INCOME
BASIC EARNINGS PER SHARE (in dollars per share)
FULLY DILUTED EARNINGS PER SHARE (in dollars per share)
BASIC WEIGHTED AVG NUMBER OF SHARES OUTSTANDING (in shares)
FULLY DILUTED WEIGHTED AVG NUMBER OF SHARES OUTSTANDING (in shares)

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