genc: the income statement

MyFinsight

For the quarter ending 2025-06-30, GENC made $26,986K in revenue. $3,828K in net income. Net profit margin of 14.19%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-06-30	2025-03-31	2024-12-31	2024-06-30
Net revenue	26,986	38,204	31,416	25,551
Cost of goods sold	19,843	26,851	22,748	19,444
Gross profit	7,143	11,353	8,668	6,107
Selling, general and administrative	3,265	4,192	3,367	3,290
Product engineering and development	741	681	677	824
Total operating expenses	4,006	4,873	4,044	4,114
Operating income	3,137	6,480	4,624	1,993
Marketable securities, gain (loss)	-	-	-	363
Realized and unrealized gains (losses) on marketable securities, net	-	-	-455	-
Interest and dividend income, net of fees	1,142	1,158	989	966
Net realized and unrealized gains on marketable securities	894	598	-	-
Total other income (expense), net	2,036	1,756	534	1,329
Income before income tax expense	5,173	8,236	5,158	3,322
Income tax expense	1,345	2,141	1,341	764
Net income	3,828	6,095	3,817	2,558

Earnings per share, basic	0.26	0.42	0.26	0.17
Earnings per share, diluted	0.26	0.42	0.26	0.17
Weighted average number of shares outstanding, basic	14,658,000	14,658,000	14,658,000	14,658,000
Weighted average number of shares outstanding, diluted	14,658,000	14,658,000	14,658,000	14,658,000