Income Statement (TTM)
Grand River Commerce, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 14 | 16 | 17 | 17 | 17 | 16 | 16 | 15 | 15 | 15 | 16 | 17 | 13 | 13 | 13 | 13 | 14 | 14 | 14 |
| Change (%) | 13.06 | 15.14 | 6.22 | -0.53 | -2.75 | -4.23 | -2.08 | -1.34 | -3.20 | 0.60 | 9.01 | 2.69 | -20.72 | -0.08 | 0.82 | 0.14 | 1.55 | 0.53 | -0.72 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | ||||||||||||||||||||
| Change (%) | ||||||||||||||||||||
| % of Revenue | ||||||||||||||||||||
| Gross Operating Profit | 12 | 14 | 16 | 17 | 17 | 17 | 16 | 16 | 15 | 15 | 15 | 16 | 17 | 13 | 13 | 13 | 13 | 14 | 14 | 14 |
| Change (%) | 13.06 | 15.14 | 6.22 | -0.53 | -2.75 | -4.23 | -2.08 | -1.34 | -3.20 | 0.60 | 9.01 | 2.69 | -20.72 | -0.08 | 0.82 | 0.14 | 1.55 | 0.53 | -0.72 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| SG&A | 8 | 9 | 9 | 11 | 11 | 11 | 12 | 12 | 13 | 12 | 17 | 19 | 20 | 13 | 13 | 13 | 13 | 13 | 12 | 12 |
| Change (%) | 10.49 | 5.06 | 12.33 | 0.65 | 0.98 | 7.05 | 4.19 | 11.41 | -14.13 | 48.58 | 10.97 | 4.96 | -35.23 | -0.46 | 1.21 | -1.15 | -2.71 | -1.75 | -3.71 | |
| % of Revenue | 65.77 | 64.28 | 58.65 | 62.03 | 62.76 | 65.17 | 72.84 | 77.51 | 87.53 | 77.64 | 114.68 | 116.74 | 119.32 | 97.49 | 97.12 | 97.48 | 96.22 | 92.19 | 90.10 | 87.38 |
| R&D | ||||||||||||||||||||
| Change (%) | ||||||||||||||||||||
| % of Revenue | ||||||||||||||||||||
| OpEx | 9 | 10 | 10 | 12 | 12 | 12 | 13 | 13 | 15 | 13 | 20 | 23 | 24 | 14 | 14 | 14 | 14 | 13 | 13 | 13 |
| Change (%) | 10.65 | 5.88 | 11.51 | 0.93 | 2.06 | 6.61 | 4.65 | 12.78 | -15.71 | 55.43 | 16.91 | 5.60 | -41.96 | -0.66 | 0.28 | -1.51 | -2.90 | -1.91 | -3.25 | |
| % of Revenue | 71.83 | 70.30 | 64.65 | 67.87 | 68.86 | 72.26 | 80.44 | 85.97 | 98.27 | 85.57 | 132.21 | 141.81 | 145.82 | 106.76 | 106.14 | 105.57 | 103.83 | 99.29 | 96.88 | 94.41 |
| Operating Income | 3 | 4 | 6 | 6 | 5 | 5 | 3 | 2 | 0 | 2 | -5 | -7 | -8 | -1 | -1 | -1 | -1 | 0 | 0 | 1 |
| Change (%) | 19.20 | 37.07 | -3.44 | -3.60 | -13.38 | -32.47 | -29.76 | -87.85 | 708.30 | -324.60 | 41.47 | 12.56 | -88.30 | -9.26 | -8.49 | -31.18 | -118.95 | 339.18 | 77.93 | |
| % of Revenue | 28.17 | 29.70 | 35.35 | 32.13 | 31.14 | 27.74 | 19.56 | 14.03 | 1.73 | 14.43 | -32.21 | -41.81 | -45.82 | -6.76 | -6.14 | -5.57 | -3.83 | 0.71 | 3.12 | 5.59 |
| Interest Expense | ||||||||||||||||||||
| Change (%) | ||||||||||||||||||||
| % of Revenue | ||||||||||||||||||||
| Net Income | 3 | 3 | 4 | 4 | 4 | 3 | 2 | 1 | -0 | -2 | -4 | -6 | -6 | -7 | -6 | -4 | -3 | -1 | -0 | 0 |
| Change (%) | 20.85 | 39.06 | -3.80 | -4.00 | -14.80 | -35.21 | -34.39 | -104.68 | 3,193.94 | 89.65 | 39.17 | 13.21 | 12.38 | -22.25 | -26.57 | -25.14 | -83.24 | -71.13 | -147.68 | |
| % of Revenue | 20.24 | 21.64 | 26.13 | 23.67 | 22.84 | 20.01 | 13.54 | 9.07 | -0.43 | -14.64 | -27.61 | -35.25 | -38.86 | -55.08 | -42.86 | -31.22 | -23.33 | -3.85 | -1.11 | 0.53 |
Source: Capital IQ
