Wabtech Corps
| Item | Q1 2023 | vs Previous | % of Revenue |
|---|---|---|---|
Revenue | |||
Product Sales | $1,250,000 | 8.7% | 51.7% |
Service Revenue | $850,000 | 3.7% | 35.1% |
Licensing | $320,000 | 6.7% | 13.2% |
| Total Revenue | $2,420,000 | 6.6% | 100.0% |
Expenses | |||
Cost of Goods Sold | $620,000 | 6.9% | 25.6% |
Research & Development | $350,000 | 2.9% | 14.5% |
Sales & Marketing | $280,000 | 3.7% | 11.6% |
General & Administrative | $190,000 | 2.7% | 7.9% |
Depreciation & Amortization | $120,000 | 4.3% | 5.0% |
| Total Expenses | $1,560,000 | 4.7% | 64.5% |
Other Income | |||
Interest Income | $45,000 | 7.1% | 1.9% |
Foreign Exchange Gain/(Loss) | -$15,000 | 160.0% | -0.6% |
| Total Other Income | $30,000 | 55.2% | 1.2% |
Taxes | |||
Income Tax Expense | $220,000 | 4.8% | 9.1% |
| Total Taxes | $220,000 | 4.8% | 9.1% |
| Gross Profit | $1,800,000 | 6.5% | 74.4% |
| Operating Income | $860,000 | 10.3% | 35.5% |
| Net Income | $670,000 | 5.2% | 27.7% |