Omnitek Engineering Corp Income Statement
OMTK|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Omnitek Engineering Corp reported $1M in revenue and $273,639 in net income for FY2025. Revenue has declined at a 0.5% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -24.02 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4M | $1.0M | $1.1M | $1.1M | $1.1M | $876.0K | $964.4K | $1.3M | $1.1M | $1.3M | $1.8M | $42.2K | $1.1M | $1.9M | $1.5M |
| Cost of Revenue | $897.4K | $561.9K | $644.7K | $649.4K | $621.7K | $588.9K | $796.9K | $784.9K | $905.2K | $776.0K | $1.0M | $852.4K | $703.6K | $971.9K | $793.3K |
| Gross Profit | $552.5K | $457.9K | $410.7K | $421.4K | $475.8K | $287.1K | $167.5K | $500.8K | $169.1K | $532.1K | $761.1K | $633.5K | $348.9K | $927.8K | $753.4K |
| SG&A Expense | $566.2K | $532.7K | $537.5K | $526.8K | $600.2K | $671.7K | $759.6K | $811.5K | $1.1M | $1.2M | $1.4M | $1.9M | $1.7M | $2.0M | $980.2K |
| R&D Expense | $68.4K | $70.3K | $67.6K | $66.4K | $63.8K | $82.1K | $106.9K | $106.9K | $118.9K | $187.1K | $295.2K | $600.1K | $292.2K | $285.7K | $143.3K |
| Operating Income | -$85.9K | -$148.5K | -$196.1K | -$174.4K | -$189.5K | -$467.2K | -$699.6K | -$425.2K | -$1.0M | -$900.0K | -$1.0M | -$1.9M | -$1.7M | -$1.4M | -$440.6K |
| Interest Expense | $30.5K | $20.6K | $23.3K | $21.5K | $24.7K | $19.9K | $20.0K | $17.9K | $8.7K | $6.2K | $1.9K | - | $13 | $490 | $145 |
| Income Tax | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 |
| Net Income | $273.6K | -$167.1K | -$215.4K | -$196.7K | $17.4K | -$489.7K | -$720.4K | -$468.4K | -$1.0M | -$901.4K | -$1.0M | -$1.8M | -$3.5M | -$1.4M | -$441.6K |
| EPS (Basic) | - | - | - | - | - | - | - | - | - | - | - | - | - | -$0.03 | -$0.07 |
| EPS (Diluted) | - | - | - | - | -$0.02 | -$0.04 | -$0.02 | -$0.05 | -$0.04 | -$0.05 | -$0.09 | -$0.18 | -$0.27 | -$0.03 | - |
| Shares Outstanding | 21.9M | 21.9M | 21.9M | 21.9M | 21.6M | 21.3M | 20.4M | 20.3M | 20.0M | 20.0M | 20.0M | 19.8M | 19.7M | 17.1M | 15.7M |
| Gross Margin | 38.1% | 44.9% | 38.9% | 39.4% | 43.4% | 32.8% | 17.4% | 39.0% | 15.7% | 40.7% | 42.4% | 1502.8% | 33.1% | 48.8% | 48.7% |
| Operating Margin | -5.9% | -14.6% | -18.6% | -16.3% | -17.3% | -53.3% | -72.5% | -33.1% | -95.6% | -68.8% | -56.2% | -4476.9% | -159.4% | -73.9% | -28.5% |
| Profit Margin | 18.9% | -16.4% | -20.4% | -18.4% | 1.6% | -55.9% | -74.7% | -36.4% | -96.5% | -68.9% | -56.1% | -4338.6% | -334.8% | -72.2% | -28.5% |