Summit Networks Inc. (SNTW) Operating Expenses (2014 - 2023)
Summit Networks (SNTW) posted quarterly Operating Expenses of $51648.0 for Q1 2023, down 5.22% year-over-year from $54491.0 in Q1 2022, and up 83.25% quarter-over-quarter from $28185.0 in Q4 2022.
Summit Networks Inc. (SNTW) Operating Expenses (2014 - 2023) Analysis & Trends
Summit Networks (SNTW) has reported Operating Expenses for 10 consecutive years, with $51648.0 the latest figure, recorded in Q1 2023.
- In Q1 2023, Operating Expenses fell 5.22% year-over-year to $51648.0; the TTM figure through Mar 2023 stood at $57340.0 (down 88.49% YoY), while the FY2022 annual figure was $108205.0, down 81.11% from the prior year.
- Operating Expenses improved to $51648.0 in Q1 2023 per SNTW's latest filing, from $28185.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $389464.0 in Q1 2021 and bottomed at -$165967.0 in Q3 2020.
- Historically, Operating Expenses has averaged $55955.9 across 5 years, with a median of $42498.0 in 2019.
- Annual changes were most pronounced in 2021 — Operating Expenses jumped 524.45% — and 2022, when it slumped 118.53%.
- Summit Networks' Operating Expenses stood at $27267.0 in 2019, then surged by 267.59% to $100232.0 in 2020, then declined by 23.97% to $76204.0 in 2021, then sank by 63.01% to $28185.0 in 2022, then soared by 83.25% to $51648.0 in 2023.
- Business Quant data shows SNTW's Operating Expenses at $51648.0 in Q1 2023, $28185.0 in Q4 2022, and -$53597.0 in Q3 2022.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 51,648.00 |
| Dec 31, 2022 | 28,185.00 |
| Sep 30, 2022 | -53,597.00 |
| Jun 30, 2022 | 31,104.00 |
| Mar 31, 2022 | 54,491.00 |
| Dec 31, 2021 | 76,204.00 |
| Sep 30, 2021 | 289,232.00 |
| Jun 30, 2021 | 78,074.00 |
| Mar 31, 2021 | 389,464.00 |
| Dec 31, 2020 | 100,232.00 |
| Sep 30, 2020 | -68,143.00 |
| Jul 31, 2020 | -165,967.00 |
| Apr 30, 2020 | 43,022.00 |
| Jan 31, 2020 | 10,047.00 |
| Oct 31, 2019 | 27,267.00 |
| Apr 30, 2019 | 17,489.00 |
| Jan 31, 2019 | 42,498.00 |
| Oct 31, 2018 | 237,505.00 |
| Apr 30, 2017 | 1,320.00 |
| Jan 31, 2017 | 4,362.00 |