Iet Labs is classified as operating in the Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals industry, NAICS Code 334515.
Note: Iet Labs's revenues are gauged from an analysis of company filings.
Iet Labs's Income Statement (based on Industry Averages)
Iet Labs P&L
$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
Market Share of Iet Labs's Largest Competitors
A competitive analysis shows these companies are in the same general field as Iet Labs, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to Iet Labs.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Iet Labs's Fastest Growing Competitors
These companies are in the same general field as Iet Labs and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.