PROFIRE ENERGY INCPFIE
Market cap
$117.35M
P/E ratio
13.1x
| Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
| Product | - | - | - | - | - | - | 43 | 36 | 19 | 24 | 42 | 54 |
| Service | - | - | - | - | - | - | 3 | 3 | 2 | 3 | 4 | 4 |
| Total Revenues | - | - | - | - | - | - | 46 | 39 | 21 | 26 | 46 | 58 |
| Product | - | - | - | - | - | - | 21 | 18 | 10 | 13 | 21 | 25 |
| Service | - | - | - | - | - | - | 2 | 2 | 2 | 2 | 3 | 3 |
| Total Cost of Goods Sold | 7 | 8 | 15,352,937 | 23,956,635 | 13,432,126 | - | 23 | 19 | 12 | 15 | 24 | 28 |
| GROSS PROFIT | 9 | 9 | 20,039,171 | 27,222,757 | 13,640,320 | 20 | 23 | 20 | 10 | 11 | 22 | 31 |
| General and administrative | 3 | 4 | 6,466,177 | 10,287,493 | 12,264,442 | 12 | 13 | 13 | 11 | 12 | 14 | 17 |
| Research and development | - | - | 703,266 | 1,832,671 | 899,013 | 1 | 1 | 2 | 1 | 1 | 1 | 917,123 |
| Depreciation, Nonproduction | 159,421 | 195,070 | 276,661 | 558,231 | 516,786 | 526,583 | 500,554 | 976,652 | 666,187 | 762,439 | 628,019 | 575,878 |
| Total Operating Expenses | 5 | 7 | 11,367,278 | 18,687,058 | 13,680,241 | 13 | 15 | 16 | 13 | 13 | 16 | 19 |
| INCOME FROM OPERATIONS | 4 | 2 | 8,671,893 | 8,535,699 | -39,921 | 7 | 8 | 3 | -3,080,211 | -2,015,000 | 5 | 12 |
| Gain on sale of property and equipment | - | - | -2,867 | - | - | - | - | - | - | - | - | 268,817 |
| Other income (expense) | - | - | - | - | - | - | -7,414 | 5,044 | -67,078 | 8,715 | -3,626 | -57,088 |
| Interest income | 375 | 25,942 | 5,863 | 26,010 | 37,278 | 180,325 | 501,429 | 283,476 | 181,254 | 133,201 | 177,125 | 390,031 |
| Interest expense | 20,370 | - | -2,692 | - | - | - | - | - | - | - | - | 9,449 |
| Total Other Income | -16,395 | 18,133 | - | - | - | - | 624,004 | 403,161 | 421,047 | 334,099 | 491,574 | 592,311 |
| INCOME BEFORE INCOME TAXES | 4 | 2 | 8,681,921 | 8,591,588 | 162,572 | 7 | 9 | 4 | -2,659,164 | -1,680,901 | 6 | 12 |
| INCOME TAX EXPENSE (note 12) | 1 | 730,905 | 3,074,612 | 2,843,905 | 127,828 | 3 | 3 | 2 | -483,567 | -629,358 | 2 | 2 |
| NET INCOME | 3 | 1 | 5,607,309 | 5,747,683 | 34,744 | 4 | 6 | 2 | -2,175,597 | -1,051,543 | 4 | 11 |
| Foreign currency translation gain (loss) | - | - | - | - | - | - | - | - | - | - | - | 275,810 |
| Unrealized gains (losses) on investments | - | - | - | - | - | 22,330 | - | - | - | - | - | 174,361 |
| Total Other Comprehensive Income (Loss) | - | - | - | - | - | - | - | - | - | - | - | 450,171 |
| COMPREHENSIVE INCOME | 3 | 1 | 5,004,792 | 4,089,753 | -358,957 | 5 | 5 | 3 | -1,909,061 | -1,003,086 | 3 | 11 |
| Earnings Per Share, Basic | 0.07 | 0.03 | 0.12 | 0.11 | - | 0.09 | 0.13 | 0.04 | -0.05 | -0.02 | 0.08 | 0.23 |
| Earnings Per Share, Diluted | 0.07 | 0.03 | 0.12 | 0.11 | - | 0.09 | 0.12 | 0.04 | -0.05 | -0.02 | 0.08 | 0.22 |