Maris Tech Ltd.

Maris Tech Ltd.MTEKEarnings & Financial Report

Nasdaq · Communications Equipment, NEC

MTEK Q2 FY2023 Key Financial Metrics

Revenue

$473.9K

Gross Profit

$-170.6K

Operating Profit

$-2.4M

Net Profit

$-2.3M

Gross Margin

-36.0%

Operating Margin

-511.9%

Net Margin

-477.8%

YoY Growth

-51.0%

EPS

$-0.29

Maris Tech Ltd. Q2 FY2023 Financial Summary

Maris Tech Ltd. reported revenue of $473.9K (down 51.0% YoY) for Q2 FY2023, with a net profit of $-2.3M (up 0.4% YoY) (-477.8% margin).

Key Financial Metrics

Total Revenue$473.9K
Net Profit$-2.3M
Gross MarginN/A
Operating Margin-511.9%
Report PeriodQ2 FY2023

Maris Tech Ltd. Quarterly Revenue & Net Profit History

Maris Tech Ltd. results over the last 2 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q2 FY2023$473.9K-51.0%$-2.3M-477.8%
Q2 FY2022$967.9K$-2.3M-234.9%

Income Statement

Q2 2022Q2 2023
Revenue$967925$473853
YoY GrowthN/A-51.0%

Balance Sheet

Q2 2022Q2 2023
Assets$14.1M$10.7M
Liabilities$3.1M$3.4M
Equity$11.0M$7.3M

Cash Flow

Q2 2022Q2 2023
Operating CF$-2.9M$-2.3M