MILESTONE SCIENTIFIC INC. Income Statement
MLSS|7 years of annual SEC 10-K data (FY2011-FY2017)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
MILESTONE SCIENTIFIC INC. reported $11M in revenue and $5M in net loss for FY2017. Revenue has grown at a 2.5% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -3.97 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $11.3M | $10.5M | $10.3M | $10.0M | $8.6M | $8.6M | $9.7M |
| Cost of Revenue | $4.3M | $4.2M | $3.6M | $3.2M | $3.1M | $3.1M | $3.5M |
| Gross Profit | $7.0M | $6.3M | $6.7M | $6.8M | $5.6M | $5.6M | $6.2M |
| SG&A Expense | $11.9M | $11.5M | $7.4M | $5.5M | $5.9M | $5.9M | $6.6M |
| R&D Expense | $272.7K | $1.3M | $88.2K | $191.3K | $182.0K | $182.0K | $270.5K |
| Operating Income | -$5.2M | -$6.5M | -$790.2K | $1.1M | -$520.4K | -$520.4K | -$700.8K |
| Interest Expense | - | - | - | $70.8K | $175.9K | $175.9K | $95.1K |
| Income Tax | $19.1K | -$19.1K | $9.5K | $9.5K | - | - | - |
| Net Income | -$5.2M | -$5.9M | -$1.7M | $1.5M | -$870.3K | -$870.3K | -$614.5K |
| EPS (Basic) | -$0.22 | -$0.26 | -$0.08 | $0.09 | -$0.05 | - | - |
| EPS (Diluted) | -$0.22 | -$0.26 | -$0.08 | $0.08 | -$0.05 | -$0.10 | - |
| Shares Outstanding | 30.4M | 21.7M | 21.4M | 17.7M | 16.5M | 15.5M | 14.9M |
| Gross Margin | 61.8% | 60.2% | 64.9% | 68.0% | 64.7% | 64.7% | 63.8% |
| Operating Margin | -46.4% | -62.1% | -7.6% | 10.8% | -6.0% | -6.0% | -7.2% |
| Profit Margin | -46.0% | -56.7% | -16.5% | 14.6% | -10.1% | -10.1% | -6.3% |