NVE Corporation (NVEC)

NVE Corporation Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	25.87	29.8	38.25	26.99	21.37
Revenue Growth (YoY)	-13.18%	-22.09%	41.75%	26.31%	-15.92%
Cost of Revenue	4.24	6.77	8.06	6.26	4.12
Gross Profit	21.64	23.03	30.19	20.72	17.24
Selling, General & Admin	2.01	1.77	1.96	1.47	1.32
Research & Development	3.64	2.73	2.58	2.93	3.18
Operating Expenses	5.64	4.51	4.55	4.4	4.5
Operating Income	15.99	18.52	25.64	16.33	12.74
Interest & Investment Income	1.91	1.95	1.45	1.17	1.5
Other Non Operating Income (Expenses)	0.14	-	-	-	-
Pretax Income	18.04	20.47	27.09	17.5	14.24
Income Tax Expense	2.97	3.34	4.4	2.99	2.55
Net Income	15.06	17.12	22.69	14.51	11.69
Net Income to Common	15.06	17.12	22.69	14.51	11.69
Net Income Growth	-12.03%	-24.54%	56.43%	24.05%	-19.50%
Shares Outstanding (Basic)	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5
Shares Change (YoY)	-0.01%	0.16%	-0.07%	0.02%	-0.27%
EPS (Basic)	3.12	3.54	4.70	3.00	2.42
EPS (Diluted)	3.11	3.54	4.70	3.00	2.42
EPS Growth	-12.15%	-24.65%	56.59%	24.01%	-19.30%
Free Cash Flow	13.05	18.23	18.16	12.02	13.3
Free Cash Flow Per Share	2.70	3.77	3.76	2.49	2.75
Dividend Per Share	4.000	4.000	4.000	4.000	4.000
Gross Margin	83.63%	77.28%	78.92%	76.79%	80.71%
Operating Margin	61.81%	62.13%	67.04%	60.51%	59.64%
Profit Margin	58.22%	57.46%	59.33%	53.76%	54.73%
Free Cash Flow Margin	50.45%	61.17%	47.46%	44.54%	62.26%
EBITDA	16.32	18.83	25.84	16.75	13.29
EBITDA Margin	63.07%	63.17%	67.55%	62.08%	62.19%
D&A For EBITDA	0.32	0.31	0.2	0.42	0.54
EBIT	15.99	18.52	25.64	16.33	12.74
EBIT Margin	61.81%	62.13%	67.04%	60.51%	59.64%
Effective Tax Rate	16.49%	16.33%	16.23%	17.10%	17.89%
Revenue as Reported	25.87	29.8	38.25	26.99	21.37

Updated Jan 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q