See more : Spartan Delta Corp. (SDE.TO) Income Statement Analysis – Financial Results
Complete financial analysis of Kornit Digital Ltd. (KRNT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Kornit Digital Ltd., a leading company in the Industrial – Machinery industry within the Industrials sector.
You may be interested
- Fiesta Restaurant Group, Inc. (FRGI) Income Statement Analysis – Financial Results
- Payoneer Global Inc. (PAYO) Income Statement Analysis – Financial Results
- 3D Pioneer Systems Inc. (DPSM) Income Statement Analysis – Financial Results
- RenuEn Corporation (RENU) Income Statement Analysis – Financial Results
- Gentrack Group Limited (GTK.NZ) Income Statement Analysis – Financial Results
Kornit Digital Ltd. (KRNT)
About Kornit Digital Ltd.
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company's solutions include digital printing systems, ink and other consumables, associated software, and value-added services. Its products and services include direct-to-garment printing platform for smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and maintenance and support, consulting, and professional services. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh HaAyin, Israel.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 219.79M | 271.52M | 322.01M | 193.33M | 179.87M | 142.37M | 114.09M | 108.69M | 86.41M | 66.36M | 49.40M | 39.17M |
| Cost of Revenue | 152.83M | 175.02M | 170.10M | 105.53M | 97.79M | 72.50M | 59.98M | 59.28M | 45.82M | 37.19M | 27.95M | 22.74M |
| Gross Profit | 66.96M | 96.50M | 151.91M | 87.80M | 82.08M | 69.87M | 54.11M | 49.41M | 40.59M | 29.18M | 21.44M | 16.43M |
| Gross Profit Ratio | 30.46% | 35.54% | 47.18% | 45.41% | 45.63% | 49.07% | 47.43% | 45.46% | 46.97% | 43.97% | 43.41% | 41.94% |
| Research & Development | 50.06M | 56.03M | 43.73M | 31.46M | 22.41M | 21.91M | 20.83M | 17.38M | 11.95M | 9.48M | 7.44M | 4.84M |
| General & Administrative | 37.59M | 39.29M | 36.64M | 26.66M | 18.50M | 16.44M | 13.58M | 12.26M | 9.50M | 5.27M | 3.28M | 3.09M |
| Selling & Marketing | 66.84M | 71.07M | 58.75M | 36.41M | 33.57M | 25.60M | 21.28M | 18.34M | 13.37M | 10.62M | 7.73M | 4.67M |
| SG&A | 104.43M | 110.36M | 95.39M | 63.07M | 52.07M | 42.03M | 34.86M | 30.60M | 22.87M | 15.88M | 11.01M | 7.76M |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 503.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 154.49M | 166.38M | 139.12M | 94.53M | 74.48M | 63.94M | 55.69M | 47.98M | 34.82M | 25.36M | 18.46M | 12.60M |
| Cost & Expenses | 307.32M | 341.40M | 309.21M | 200.06M | 172.27M | 136.45M | 115.67M | 107.26M | 80.64M | 62.54M | 46.41M | 35.34M |
| Interest Income | 27.59M | 13.05M | 5.37M | 5.11M | 3.31M | 2.51M | 2.00M | 1.26M | 416.00K | 8.00K | 19.00K | 60.00K |
| Interest Expense | 236.00K | 13.38M | 286.00K | 357.00K | 405.00K | 299.00K | 790.00K | 0.00 | 334.00K | 166.00K | 117.00K | 189.00K |
| Depreciation & Amortization | 14.70M | 13.57M | 7.10M | 4.71M | 4.47M | 4.97M | 4.81M | 2.97M | 1.78M | 1.35M | 1.17M | 786.00K |
| EBITDA | -72.83M | -54.11M | 12.79M | -2.02M | 12.04M | 10.89M | 3.23M | 1.43M | 7.55M | 5.32M | 4.16M | 4.61M |
| EBITDA Ratio | -33.14% | -20.74% | 6.14% | -1.04% | 6.69% | 7.87% | 3.28% | 4.04% | 8.74% | 7.58% | 9.14% | 12.18% |
| Operating Income | -87.53M | -69.88M | 12.79M | -6.73M | 7.60M | 5.60M | -2.08M | 1.43M | 5.77M | 3.82M | 2.99M | 3.83M |
| Operating Income Ratio | -39.83% | -25.74% | 3.97% | -3.48% | 4.22% | 3.94% | -1.83% | 1.32% | 6.68% | 5.76% | 6.05% | 9.77% |
| Total Other Income/Expenses | 24.15M | 13.38M | 2.60M | 3.50M | 3.31M | 1.43M | 452.00K | 46.00K | -334.00K | -15.00K | -460.00K | -285.00K |
| Income Before Tax | -63.38M | -56.50M | 15.39M | -3.23M | 10.91M | 7.04M | -1.63M | 1.48M | 5.43M | 3.81M | 2.53M | 3.54M |
| Income Before Tax Ratio | -28.84% | -20.81% | 4.78% | -1.67% | 6.07% | 4.94% | -1.43% | 1.36% | 6.29% | 5.73% | 5.12% | 9.04% |
| Income Tax Expense | 970.00K | 22.57M | -135.00K | 1.55M | 744.00K | -5.39M | 384.00K | 648.00K | 709.00K | 782.00K | 1.39M | 1.23M |
| Net Income | -64.35M | -79.07M | 15.53M | -4.78M | 10.17M | 12.43M | -2.02M | 828.00K | 4.73M | 3.02M | 1.13M | 2.31M |
| Net Income Ratio | -29.28% | -29.12% | 4.82% | -2.47% | 5.65% | 8.73% | -1.77% | 0.76% | 5.47% | 4.56% | 2.30% | 5.91% |
| EPS | -1.31 | -1.59 | 0.33 | -0.11 | 0.27 | 0.36 | -0.06 | 0.03 | 0.19 | 0.11 | 0.05 | 0.11 |
| EPS Diluted | -1.31 | -1.59 | 0.32 | -0.11 | 0.26 | 0.35 | -0.06 | 0.03 | 0.18 | 0.11 | 0.05 | 0.10 |
| Weighted Avg Shares Out | 49.16M | 49.79M | 47.08M | 42.29M | 38.08M | 34.52M | 33.57M | 30.56M | 24.63M | 28.70M | 21.60M | 21.60M |
| Weighted Avg Shares Out (Dil) | 49.16M | 49.79M | 48.60M | 42.29M | 39.29M | 35.36M | 33.57M | 31.73M | 26.46M | 28.70M | 23.08M | 23.08M |
Kornit Digital: Upgrading On Expected Return To Growth And Profitability Next Year
Earlier this month, shares of Kornit Digital sold off after the company reported in-line Q2 results but guided Q3 well below consensus expectations. Management attributed the shortfall to prevailing softness in system sales as customers continue to deal with excess...
Kornit Digital (KRNT) Reports Q2 Loss, Lags Revenue Estimates
Kornit Digital (KRNT) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to loss of $0.31 per share a year ago.
Kornit Digital Further Demonstrates Commitment to More Sustainable Fashion and Textile Industry with Release of Third-Annual Impact Report
ROSH-HA`AYIN, Israel, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashionx and textile production technologies, today issued its Impact Report for 2022, highlighting the Company's...
Kornit Digital Reports Second Quarter 2023 Results
ROSH-HA`AYIN, Israel, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or “the Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, reported today its results for the second quarter ended June...
Kornit Digital Sets Second Quarter Earnings Release Date and Webcast
ROSH HA'AYIN, Israel, July 24, 2023 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or “The Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, announced today that it will release its financial results...
Kornit Digital: Inflection Point Likely Still Several Quarters In The Future - Hold
Last month, Kornit Digital reported weak Q1/2023 results, with revenues down by over 40% year-over-year as system sales remain impacted by challenging macroeconomic conditions. The company commenced buybacks under its recently announced up to $75 million share repurchase program. Despite...
Kornit Digital to Participate in 20th Annual Craig-Hallum Institutional Investor Conference
ROSH-HA`AYIN, Israel, May 22, 2023 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or “the Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, announced today that the Company will conduct one-on-one meetings at...
KORNIT DIGITAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS
NEW ORLEANS, March 28, 2023 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until April 17, 2023 to file lead plaintiff applications in securities class action lawsuits against Kornit Digital Ltd. (the “Company”) (NasdaqGS:...
7 Value Stocks to Buy for Long-Term Growth
For investors that have the patience to ride out volatility in exchange for possible long-term upside, value stocks to buy that are discounted against book value may offer considerable intrigue. On paper, book value represents the difference between the company's...
Kornit Digital: No Near-Term Catalysts But Upgrading To 'Hold' On Bargain Valuation
Last month, the company reported mediocre fourth quarter results and provided a cautious outlook for 2023. With key system sales expected to remain weak, overall revenue is likely to be down for the second year in a row.
Source: https://incomestatements.info
Category: Stock Reports