The Shyft Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	872.2	1,027	991.79	675.97	756.54	Upgrade
Revenue Growth (YoY)	-15.09%	3.57%	46.72%	-10.65%	32.60%	Upgrade
Cost of Revenue	721.84	846.73	792.53	529.7	639.52	Upgrade
Gross Profit	150.36	180.43	199.27	146.28	117.03	Upgrade
Selling, General & Admin	118.42	107.6	106.67	93.07	64.55	Upgrade
Research & Development	25.19	25.32	8.54	4.36	4.86	Upgrade
Operating Expenses	143.61	132.92	115.21	97.43	69.41	Upgrade
Operating Income	6.75	47.51	84.05	48.85	47.61	Upgrade
Interest Expense / Income	6.53	2.83	0.41	1.29	1.84	Upgrade
Other Expense / Income	-0.5	0.75	0.21	4.87	47.99	Upgrade
Pretax Income	0.73	43.93	83.43	42.69	-2.21	Upgrade
Income Tax	-5.77	7.37	14.51	9.87	10.36	Upgrade
Net Income	6.5	36.56	68.93	32.82	-12.57	Upgrade
Net Income Growth	-82.23%	-46.96%	110.02%	-	-	Upgrade
Shares Outstanding (Basic)	35	35	35	35	35	Upgrade
Shares Outstanding (Diluted)	35	35	36	36	35	Upgrade
Shares Change	-1.78%	-1.67%	0.16%	1.76%	0.65%	Upgrade
EPS (Basic)	0.19	1.04	1.95	0.93	-0.36	Upgrade
EPS (Diluted)	0.19	1.03	1.91	0.91	-0.36	Upgrade
EPS Growth	-81.55%	-46.07%	109.89%	-	-	Upgrade
Free Cash Flow	35.63	-39.26	51.03	49.8	24.15	Upgrade
Free Cash Flow Per Share	1.03	-1.12	1.44	1.40	0.68	Upgrade
Dividend Per Share	0.200	0.200	0.100	0.100	0.100	Upgrade
Dividend Growth	0%	100.00%	0%	0%	0%	Upgrade
Gross Margin	17.24%	17.57%	20.09%	21.64%	15.47%	Upgrade
Operating Margin	0.77%	4.63%	8.47%	7.23%	6.29%	Upgrade
Profit Margin	0.74%	3.56%	6.95%	4.86%	-1.66%	Upgrade
Free Cash Flow Margin	4.09%	-3.82%	5.15%	7.37%	3.19%	Upgrade
Effective Tax Rate	-792.31%	16.77%	17.39%	23.12%	-	Upgrade
EBITDA	24.21	61.53	95.2	58.17	10.81	Upgrade
EBITDA Margin	2.78%	5.99%	9.60%	8.60%	1.43%	Upgrade
Depreciation & Amortization	16.95	14.77	11.36	14.19	11.18	Upgrade
EBIT	7.26	46.76	83.85	43.98	-0.37	Upgrade
EBIT Margin	0.83%	4.55%	8.45%	6.51%	-0.05%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).