Artificial Intelligence Technology Solutions
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Artificial Intelligence Technology Solutions's past years’ income statements indicate that its last revenue has increased compared to the previous period by 67% to $2,227,559. The net income raised on -$20,708,716 and profit margin reached -930%. Total operating expenses were $15,085,869.

Profit Margin

Artificial Intelligence Technology Solutions Inc. (OTC:AITX): Profit margin
2015 6.75K -1.04M -15547.08%
2016 0 -1.26M
2017 0 33.84M
2018 106.47K -33.13M -31117.67%
2019 114.67K 41.54M 36229.4%
2020 260.76K -9.67M -3711.63%
2021 360.88K -9.27M -2571.09%
2022 1.44M -94.86M -6555.45%
2023 1.33M -28.95M -2173.84%
2024 2.22M -20.70M -929.66%

AITX Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
2.22M1.33M1.44M360.88K260.76K114.67K106.47K006.75K
Cost of revenue
1.13M678.07K472.92K98.16K83.76K4.52K45K295.78K619.96K0
Gross profit
1.09M653.88K974.18K262.72K177.00K110.14K61.47K-295.78K-619.96K6.75K
Operating exp.
Research and development
2.87M3.62M2.96M378.23K332.52K540.97K493K50.72K063.17K
Selling and marketing
260.40K000000000
Total operating expenses
15.08M13.34M14.37M3.25M1.97M4.18M3.01M301.57K572.47K658.85K
Operating income
-13.98M-12.69M-13.40M-2.99M-1.79M-4.07M-2.95M-295.78K-619.96K-652.10K
Other income (expenses), net
-6.71M-5.41M-48.79M-2.90M-4.43M19.43M-21.29M322.17K-47.49K-375.41K
Income before tax
-20.70M-18.10M-62.19M-5.89M-6.21M15.36M-24.24M33.84M-1.26M-1.02M
Income tax expense
010.84M32.66M3.37M3.46M-26.18M8.88M-35.00M47.49K21.90K
Net income
-20.70M-28.95M-94.86M-9.27M-9.67M41.54M-33.13M33.84M-1.26M-1.04M
Earnings per share
Basic EPS
-0.00-0.00-0.02-0.00-49212.38-265.06K1.99M-316.98K-1.04M
Diluted EPS
-0.00-0.00-0.02-0.00-49212.38-265.06K1.99M-316.98K-1.04M
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