Erayak Power Solution Group Inc. (RAYA) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 14.1M | 8.74M | 18.36M | 11.94M | 10.87M | 9.41M | 15.43M | 11.48M | 10.62M | 8.01M | 7.99M | 6.13M | 4.47M |
| Revenue Growth % | -23.19% | -26.78% | 68.83% | 26.79% | -29.54% | -17.99% | 45.33% | 43.28% | 32.83% | 30.72% | - | 36.95% | - |
| Cost of Goods Sold | 11.59M | 7.1M | 15.81M | 10.87M | 8.68M | 6.68M | 12.65M | 7.6M | 7.42M | 5.54M | 5.49M | 4.83M | 3.35M |
| COGS % of Revenue | 82.22% | 81.27% | 86.11% | 91.07% | 79.82% | 71.01% | 82.01% | 66.25% | 69.85% | 69.16% | 68.7% | 78.84% | 74.8% |
| Gross Profit | 2.51M | 1.64M | 2.55M | 1.07M | 2.19M | 2.73M | 2.78M | 3.87M | 3.2M | 2.47M | 2.5M | 1.3M | 1.13M |
| Gross Margin % | 17.78% | 18.73% | 13.89% | 8.93% | 20.18% | 28.99% | 17.99% | 33.75% | 30.15% | 30.84% | 31.3% | 21.16% | 25.2% |
| Gross Profit Growth % | -1.65% | 53.61% | 16.16% | -60.96% | -20.96% | -29.55% | -13.27% | 56.79% | 27.95% | 90.51% | - | 15.04% | - |
| Operating Expenses | 3.52M | 2.27M | 2.83M | 2.35M | 2.11M | 2.07M | 1.11M | 1.15M | 724.76K | 833.1K | 592.94K | 471.12K | 932.17K |
| OpEx % of Revenue | 24.94% | 25.95% | 15.39% | 19.72% | 19.39% | 21.98% | 7.21% | 10.03% | 6.83% | 10.4% | 7.42% | 7.69% | 20.83% |
| Selling, General & Admin | 3.19M | 1.5M | 1.86M | 799.88K | 1.37M | 1.52M | 918.13K | 650.9K | 533.66K | 583.86K | 415.21K | 423.27K | 517.48K |
| SG&A % of Revenue | 22.6% | 17.15% | 10.14% | 6.7% | 12.62% | 16.11% | 5.95% | 5.67% | 5.03% | 7.29% | 5.19% | 6.91% | 11.56% |
| Research & Development | 319.31K | 769.81K | 842.66K | 817.38K | 695.24K | 468.82K | 372.25K | 560.02K | 578.28K | 408.61K | 386.21K | 218.91K | 254.43K |
| R&D % of Revenue | 2.26% | 8.81% | 4.59% | 6.85% | 6.39% | 4.98% | 2.41% | 4.88% | 5.45% | 5.1% | 4.83% | 3.57% | 5.69% |
| Other Operating Expenses | 10.79K | 0 | 121.39K | 736.61K | 40.49K | -83.42K | 0 | 0 | 233.5K | 233.5K | 276.51K | 276.51K | 160.26K |
| Operating Income | -1.01M | -631.47K | -276.73K | -1.29M | 86.56K | 660.21K | 1.44M | 2.62M | 2.04M | 1.44M | 1.67M | 637.84K | 420.83K |
| Operating Margin % | -7.16% | -7.23% | -1.51% | -10.79% | 0.8% | 7.01% | 9.36% | 22.87% | 19.24% | 18.01% | 20.9% | 10.41% | 9.4% |
| Operating Income Growth % | -265.08% | 50.98% | -419.71% | -295.14% | -94.01% | -74.84% | -29.31% | 81.92% | 22.27% | 126.17% | - | 51.57% | - |
| EBITDA | -355.42K | -21.48K | -50.97K | -792.71K | 287.25K | 847.51K | 1.59M | 2.75M | 2.15M | 1.55M | 1.75M | 704.83K | 428.84K |
| EBITDA Margin % | -2.52% | -0.25% | -0.28% | -6.64% | 2.64% | 9% | 10.32% | 23.93% | 20.28% | 19.32% | 21.92% | 11.5% | 9.58% |
| EBITDA Growth % | -597.35% | 97.29% | -117.74% | -193.53% | -81.96% | -69.14% | -26.05% | 77.44% | 22.89% | 119.59% | - | 64.36% | - |
| D&A (Non-Cash Add-back) | 654.87K | 609.99K | 225.76K | 495.61K | 200.7K | 187.31K | 148K | 121.82K | 110.05K | 105.07K | 81.21K | 66.99K | 8.01K |
| EBIT | -1.01M | -631.47K | -164.85K | -1.02M | 86.56K | 812.79K | 1.44M | 2.62M | 2.04M | 1.44M | 1.67M | 637.84K | 581.09K |
| Net Interest Income | 207.01K | -142.24K | -74.85K | -68.56K | -395.27K | -206.36K | 232.18K | 240.9K | -225.84K | -225.84K | -131.3K | -131.3K | 0 |
| Interest Income | 405.57K | 884 | 38.26K | 8.04K | 99.1K | 38.56K | 232.18K | 240.9K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 198.56K | 143.13K | 147.1K | 76.61K | 494.37K | 244.92K | 0 | 0 | 225.84K | 225.84K | 131.3K | 131.3K | 26.46K |
| Other Income/Expense | 172.15K | 108.61K | 0 | 190.81K | 757.52K | -92.33K | -12.89K | -141.95K | 169.22K | 41.74K | 144.29K | 146.14K | 133.8K |
| Pretax Income | -838.14K | -522.86K | -169.62K | -1.1M | 844.08K | 567.88K | 1.43M | 2.48M | 2.21M | 1.48M | 1.82M | 783.98K | 554.62K |
| Pretax Margin % | -5.94% | -5.98% | -0.92% | -9.2% | 7.76% | 6.03% | 9.27% | 21.63% | 20.83% | 18.53% | 22.71% | 12.79% | 12.39% |
| Income Tax | 35.14K | -6.21K | -54.75K | -38.96K | 100.54K | 92.71K | 145.89K | 291.88K | 225.75K | 76.16K | 295.21K | 90.54K | 79.03K |
| Effective Tax Rate % | -4.19% | 1.19% | 32.28% | 3.55% | 11.91% | 16.33% | 10.19% | 11.76% | 10.2% | 5.13% | 16.26% | 11.55% | 14.25% |
| Net Income | -873.28K | -516.65K | -57.44K | -1.06M | 743.54K | 475.17K | 1.29M | 2.19M | 1.99M | 1.41M | 1.52M | 693.44K | 475.59K |
| Net Margin % | -6.19% | -5.91% | -0.31% | -8.87% | 6.84% | 5.05% | 8.33% | 19.09% | 18.71% | 17.58% | 19.01% | 11.32% | 10.63% |
| Net Income Growth % | -1420.39% | 51.19% | -107.72% | -322.77% | -42.15% | -78.31% | -35.3% | 55.56% | 30.69% | 103.07% | - | 45.81% | - |
| Net Income (Continuing) | -873.28K | -516.65K | -114.87K | -1.06M | 743.54K | 475.17K | 1.29M | 2.19M | 1.99M | 1.41M | 1.52M | 693.44K | 475.59K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -9.76 | -2.25 | -0.36 | -0.07 | 0.06 | 0.04 | 0.14 | 0.24 | 0.17 | 0.12 | 0.13 | 0.06 | 0.04 |
| EPS Growth % | -2611.11% | -3073.48% | -680.65% | -279.04% | -55.14% | -83.5% | -16.55% | 104.43% | 30.81% | 103.11% | - | 45.96% | - |
| EPS (Basic) | -9.76 | -2.25 | -0.36 | -0.07 | 0.06 | 0.04 | 0.14 | 0.24 | 0.17 | 0.12 | 0.13 | 0.06 | 0.04 |
| Diluted Shares Outstanding | 89.5K | 229.95K | 159.13K | 14.92M | 12M | 12M | 9.3M | 9M | 12M | 12M | 12M | 12M | 12M |
| Basic Shares Outstanding | 89.5K | 229.95K | 159.13K | 14.92M | 12M | 12M | 9.3M | 9M | 12M | 12M | 12M | 12M | 12M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - |