UNITED GUARDIAN INC
For the period ended Dec 31, 2024. Filed Mar 21, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 21, 2025
UG$8.85+31.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Income
| Years ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net sales | $12,181,971 | $10,885,154 |
| Costs and expenses: | ||
| Cost of sales | 5,721,584 | 5,479,566 |
| Operating expenses | 2,356,819 | 2,078,564 |
| Research and development | 456,779 | 463,992 |
| Total costs and expenses | 8,535,182 | 8,022,122 |
| Income from operations | 3,646,789 | 2,863,032 |
| Other income: | ||
| Investment income | 434,679 | 306,651 |
| Net gain on marketable securities | 26,989 | 81,095 |
| Total other income | 461,668 | 387,746 |
| Income before provision for income taxes | 4,108,457 | 3,250,778 |
| Provision for income taxes | 857,582 | 669,408 |
| Net income | $3,250,875 | $2,581,370 |
| Earnings per common share (basic and diluted) | $0.71 | $0.56 |
| Weighted average shares (basic and diluted) | 4,594,319 | 4,594,319 |
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