PFTI | Puradyn Filter Technologies, Inc. Annual &

Annual Income Statements

(In USD)

Breakdown	2022	2021	2020	2019	2018	2017
Revenue	-	-	-	1.52 Million	4.2 Million	2.25 Million
Cost of Revenue	-	-	-	1.3 Million	2.46 Million	1.75 Million
Gross Profit	-	-	-	218.8 Thousand	1.74 Million	491.16 Thousand
Operating Expenses	-	-	-	1.43 Million	1.52 Million	1.44 Million
Selling, General and Administrative Expenses	-	-	-	1.43 Million	1.52 Million	1.44 Million
Research and Development Expenses	-	-	-	7097.00	5866.00	6981.00
Other Expenses	-	-	-	-	-	-
Cost and Expenses	-	-	-	2.73 Million	3.98 Million	3.2 Million
Operating Income	-	-	-	-1.21 Million	111.07 Thousand	-956.57 Thousand
Interest Expense	-	-	-	407.23 Thousand	327.45 Thousand	273.51 Thousand
Income Tax Expense	-	-	-	407.23 Thousand	327.45 Thousand	-
Earnings before Tax	-	-	-	-1.68 Million	-216.38 Thousand	-1.23 Million
Net Income	-	-	-	-2.09 Million	-216.38 Thousand	-1.23 Million
Earnings Per Share Basic	-	-	-	-0.03	-0.00	-0.02
Earnings Per Share Diluted	-	-	-	-0.03	-0.00	-0.02
Weighted Average Shares Outstanding	-	-	-	69.01 Million	69.01 Million	69.01 Million
Weighted Average Shares Outstanding (Diluted)	-	-	-	69.01 Million	69.01 Million	69.01 Million
Gross Margin	-	-	-	0.14	0.41	0.22
EBIT Margin	-	-	-	-0.67	0.06	-0.41
Profit Margin	-	-	-	-1.37	-0.05	-0.55
EBITDA	-	-	-	-1.08 Million	264.68 Thousand	-922.2 Thousand
Earnings Before Tax Margin	-	-	-	-0.79	0.03	-0.43

Breakdown	2022 FY	2021 FY	2020 FY	2019 FY	2019 Q4	2019 Q3
Revenue	-	-	-	1.52 Million	248.37 Thousand	326.53 Thousand
Cost of Revenue	-	-	-	1.3 Million	332.24 Thousand	276.16 Thousand
Gross Profit	-	-	-	218.8 Thousand	-83.86 Thousand	50.37 Thousand
Operating Expenses	-	-	-	1.43 Million	309.85 Thousand	340.73 Thousand
Selling, General and Administrative Expenses	-	-	-	-	309.85 Thousand	340.73 Thousand
Research and Development Expenses	-	-	-	-	2.43	1.99
Other Expenses	-	-	-	-	-	-
Cost and Expenses	-	-	-	2.73 Million	642.09 Thousand	616.89 Thousand
Operating Income	-	-	-	-1.21 Million	-416.2 Thousand	-290.35 Thousand
Interest Expense	-	-	-	407.23 Thousand	110.11 Thousand	108.96 Thousand
Income Tax Expense	-	-	-	407.23 Thousand	110.11 Thousand	108.96 Thousand
Earnings before Tax	-	-	-	-1.68 Million	-526.32 Thousand	-431.65 Thousand
Net Income	-	-	-	-2.09 Million	-636.43 Thousand	-540.61 Thousand
Earnings Per Share Basic	-	-	-	-	-0.01	-0.01
Earnings Per Share Diluted	-	-	-	-	-0.01	-0.01
Weighted Average Shares Outstanding	-	-	-	69.01 Million	69.01 Million	69.01 Million
Weighted Average Shares Outstanding (Diluted)	-	-	-	69.01 Million	69.01 Million	69.01 Million
Gross Margin	-	-	-	0.14	-0.34	0.15
EBIT Margin	-	-	-	-	-1.40	-0.74
Profit Margin	-	-	-	-1.37	-2.56	-1.66
EBITDA	-	-	-	-	-346.5 Thousand	-242.53 Thousand
Earnings Before Tax Margin	-	-	-	-0.79	-1.68	-0.89