Profire Energy (PFIE) Revenue & Revenue Breakdown

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Profire Energy Revenue Highlights

Latest Revenue (Y)

$58.21M

Latest Revenue (Q)

$15.16M

Main Segment (Y)

Electronics

Main Geography (Y)

UNITED STATES

Profire Energy Revenue by Period

Profire Energy Revenue by Year

Date	Revenue	Change
2023-12-31	$58.21M	26.71%
2022-12-31	$45.94M	74.29%
2021-12-31	$26.36M	22.82%
2020-12-31	$21.46M	-44.95%
2019-12-31	$38.98M	-14.54%
2018-12-31	$45.61M	19.14%
2017-12-31	$38.29M	41.42%
2016-03-31	$27.07M	-47.10%
2015-03-31	$51.18M	44.61%
2014-03-31	$35.39M	109.58%
2013-03-31	$16.89M	6.04%
2012-03-31	$15.93M	98.22%
2011-03-31	$8.03M	35.88%
2010-03-31	$5.91M	-5.51%
2009-03-31	$6.26M	100.00%
2007-12-31	-	-100.00%
2006-12-31	$2.33M	-23.59%
2005-12-31	$3.04M	-19.36%
2004-12-31	$3.77M	-

Profire Energy generated $58.21M in revenue during NA 2023, up 26.71% compared to the previous quarter, and up 127.61% compared to the same period a year ago.

Profire Energy Revenue by Quarter

Date	Revenue	Change
2024-06-30	$15.16M	11.14%
2024-03-31	$13.64M	-5.15%
2023-12-31	$14.38M	-3.01%
2023-09-30	$14.83M	2.67%
2023-06-30	$14.44M	-0.76%
2023-03-31	$14.55M	4.17%
2022-12-31	$13.97M	8.90%
2022-09-30	$12.83M	33.18%
2022-06-30	$9.63M	1.37%
2022-03-31	$9.50M	14.68%
2021-12-31	$8.29M	19.34%
2021-09-30	$6.94M	15.06%
2021-06-30	$6.03M	18.50%
2021-03-31	$5.09M	-9.90%
2020-12-31	$5.65M	41.29%
2020-09-30	$4.00M	-8.24%
2020-06-30	$4.36M	-41.46%
2020-03-31	$7.45M	-8.27%
2019-12-31	$8.12M	-18.04%
2019-09-30	$9.91M	-2.16%
2019-06-30	$10.12M	-6.55%
2019-03-31	$10.83M	2.15%
2018-12-31	$10.61M	-7.78%
2018-09-30	$11.50M	1.41%
2018-06-30	$11.34M	-6.82%
2018-03-31	$12.17M	11.17%
2017-12-31	$10.95M	8.92%
2017-09-30	$10.05M	6.18%
2017-06-30	$9.46M	20.97%
2017-03-31	$7.82M	11.42%
2016-12-31	$7.02M	40.71%
2016-09-30	$4.99M	25.59%
2016-06-30	$3.97M	-12.54%
2016-03-31	$4.54M	-39.85%
2015-12-31	$7.55M	-6.71%
2015-09-30	$8.10M	17.74%
2015-06-30	$6.88M	-29.80%
2015-03-31	$9.80M	-21.73%
2014-12-31	$12.52M	-20.38%
2014-09-30	$15.72M	19.60%
2014-06-30	$13.14M	40.78%
2014-03-31	$9.34M	-2.03%
2013-12-31	$9.53M	2.02%
2013-09-30	$9.34M	30.09%
2013-06-30	$7.18M	35.77%
2013-03-31	$5.29M	49.37%
2012-12-31	$3.54M	-19.15%
2012-09-30	$4.38M	19.10%
2012-06-30	$3.68M	0.75%
2012-03-31	$3.65M	-27.99%
2011-12-31	$5.07M	12.08%
2011-09-30	$4.52M	68.52%
2011-06-30	$2.68M	10.49%
2011-03-31	$2.43M	-9.92%
2010-12-31	$2.70M	26.18%
2010-09-30	$2.14M	176.95%
2010-06-30	$771.62K	-44.04%
2010-03-31	$1.38M	-47.70%
2009-12-31	$2.64M	114.82%
2009-09-30	$1.23M	83.23%
2009-06-30	$669.80K	-50.67%
2009-03-31	$1.36M	-14.56%
2008-12-31	$1.59M	-25.95%
2008-09-30	$2.15M	100.00%
2008-06-30	-	100.00%
2007-12-31	-	-

Profire Energy generated $15.16M in revenue during Q2 2024, up 11.14% compared to the previous quarter, and up 104.17% compared to the same period a year ago.

Profire Energy Revenue Breakdown

Profire Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Electronics	$22.33M	$16.28M	$9.08M	$7.69M	$15.67M
Manufactured	$13.19M	$2.98M	$1.21M	$878.96K	$1.83M
Re-Sell	$18.77M	$23.06M	$13.40M	$10.83M	$18.70M
Service	$3.92M	$3.62M	$2.67M	$2.06M	$2.77M

Profire Energy's latest annual revenue breakdown by segment (product or service), as of Dec 23: Electronics (38.36%), Re-Sell (32.24%), Manufactured (22.66%), and Service (6.74%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Re-Sell	$5.93M	$4.36M	$6.88M	$4.18M	$2.84M	$3.78M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Electronics	$6.00M	$5.33M	$4.82M	$2.88M	$1.98M	$3.04M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Manufactured	$4.09M	$3.00M	$981.50K	$304.63K	$196.81K	$373.20K	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service	$1.18M	$949.34K	$1.30M	$858.87K	$840.69K	$924.95K	$1.29M	$933.46K	$772.47K	$624.72K	$924.16K	$646.46K	$659.74K	$434.81K	$633.62K	$482.83K	$360.34K	$586.18K	$920.15K	$653.81K
ManufacturedMember	-	-	-	$2.93M	$3.27M	$1.21M	$974.08K	$503.13K	$521.13K	$346.95K	$324.83K	$236.81K	$139.06K	$142.23K	$400.86K	$519.99K	-	-	-	-
ElectronicsMember	-	-	-	$5.43M	$5.53M	$5.98M	$4.42M	$3.56M	$3.48M	$2.33M	$2.02M	$1.85M	$1.41M	$1.64M	$2.66M	$3.88M	-	-	-	-
ReSellMember	-	-	-	$5.62M	$4.80M	$6.44M	$6.51M	$4.80M	$4.88M	$3.62M	$3.03M	$2.57M	$1.97M	$2.21M	$3.80M	$4.85M	-	-	-	-

Profire Energy's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Electronics (34.91%), Re-Sell (34.47%), Manufactured (23.76%), and Service (6.87%).

Profire Energy Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$42.52M	$37.50M	$20.99M	$17.95M	$33.24M
CANADA	$15.69M	$8.44M	$5.36M	$3.51M	$5.74M

Profire Energy's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (73.04%), and CANADA (26.96%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
UNITED STATES	$14.68M	$11.82M	$5.13M	$12.58M	$12.39M	$12.42M	$11.58M	$10.67M	$7.75M	$7.51M	$6.61M	$5.12M	$5.00M	$4.26M	$4.51M	$3.24M	$3.77M	$6.42M	$6.26M	$8.02M
CANADA	$3.49M	$3.66M	$9.25M	$2.25M	$2.05M	$2.14M	$2.40M	$2.16M	$1.89M	$2.00M	$1.67M	$1.83M	$1.04M	$828.45K	$1.14M	$755.70K	$585.70K	$1.02M	$1.86M	$1.89M

Profire Energy's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (80.79%), and CANADA (19.21%).

Profire Energy Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NOV	NOV	$8.58B	$2.19B
MRC	MRC Global	$3.41B	$2.74B
EFXT	Enerflex	$3.16B	$860.40M
DNOW	NOW	$2.32B	$633.00M
VTOL	Bristow Group	$1.23B	$365.12M
NOA	North American Construction Group	$957.22M	$297.03M
NR	Newpark Resources	$749.60M	$-188.15M
FET	Forum Energy	$738.90M	$207.81M
RNGR	Ranger Energy Services	$636.60M	$153.00M
NINE	Nine Energy Service	$609.53M	-
GEOS	Geospace	$135.60M	$25.86M
NGS	Natural Gas Services Group	$121.17M	$40.69M
PFIE	Profire Energy	$58.21M	$15.16M

PFIE Revenue FAQ

What is Profire Energy’s yearly revenue?

Profire Energy's yearly revenue for 2023 was $58.21M, representing an increase of 26.71% compared to 2022. The company's yearly revenue for 2022 was $45.94M, representing an increase of 74.29% compared to 2021. PFIE's yearly revenue for 2021 was $26.36M, representing an increase of 22.82% compared to 2020.

What is Profire Energy’s quarterly revenue?

Profire Energy's quarterly revenue for Q2 2024 was $15.16M, a 11.14% increase from the previous quarter (Q1 2024), and a 4.96% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $13.64M, a -5.15% decrease from the previous quarter (Q4 2023), and a -6.27% decrease year-over-year (Q1 2023). PFIE's quarterly revenue for Q4 2023 was $14.38M, a -3.01% decrease from the previous quarter (Q3 2023), and a 2.94% increase year-over-year (Q4 2022).

What is Profire Energy’s revenue growth rate?

Profire Energy's revenue growth rate for the last 3 years (2021-2023) was 120.85%, and for the last 5 years (2019-2023) was 49.32%.

What are Profire Energy’s revenue streams?

Profire Energy's revenue streams in c 23 are Electronics, Manufactured, Re-Sell, and Service. Electronics generated $22.33M in revenue, accounting 38.36% of the company's total revenue, up 37.17% year-over-year. Manufactured generated $13.19M in revenue, accounting 22.66% of the company's total revenue, up 342.50% year-over-year. Re-Sell generated $18.77M in revenue, accounting 32.24% of the company's total revenue, down -18.62% year-over-year. Service generated $3.92M in revenue, accounting 6.74% of the company's total revenue, up 8.44% year-over-year.

What is Profire Energy’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Profire Energy was Electronics. This segment made a revenue of $22.33M, representing 38.36% of the company's total revenue.