Avalon GloboCare Corp.
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. Avalon GloboCare Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $1,255,681. Profit margin reached -1331%. Total operating expenses were $15,991,871.
Profit Margin
| 2015 | 0 | -31.00K | |
|---|---|---|---|
| 2016 | 616.44K | 55.58K | 9.02% |
| 2017 | 1.07M | -3.46M | -321.5% |
| 2018 | 1.56M | -7.77M | -497.61% |
| 2019 | 1.54M | -18.10M | -1170.57% |
| 2020 | 1.37M | -12.79M | -928.43% |
| 2021 | 1.39M | -9.23M | -663.91% |
| 2022 | 1.20M | -12.68M | -1054.77% |
| 2023 | 1.25M | -16.70M | -1330.51% |
ALBT Income Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 1.25M | 1.20M | 1.39M | 1.37M | 1.54M | 1.56M | 1.07M | 616.44K | 0 |
Cost of revenue | 1.01M | 929.44K | 976.45K | 987.55K | 1.20M | 1.17M | 829.78K | 73.06K | 0 |
Gross profit | 238.18K | 272.72K | 414.51K | 390.20K | 339.91K | 388.01K | 247.76K | 543.38K | 0 |
Operating exp. | |||||||||
Research and development | 109.61K | 731.32K | 1.02M | 883.85K | 1.78M | 0 | 0 | 0 | 0 |
Selling and marketing | 1.66M | 1.32M | 328.56K | 294.35K | 685.06K | 335.9K | 15.25K | 6.89K | 0 |
Total operating expenses | 15.99M | 7.71M | 9.24M | 12.84M | 18.70M | 7.95M | 2.78M | 466.44K | 31.00K |
Operating income | -15.75M | -7.44M | -8.83M | -12.45M | -18.36M | -7.63M | -3.87M | 76.93K | -31.00K |
Other income (expenses), net | -953.32K | -4.48M | -256.66K | -225.41K | 297.05K | -171.24K | -171.78K | 575 | 0 |
Income before tax | -16.70M | -11.93M | -9.09M | -12.67M | -18.07M | -8.05M | -4.04M | 77.50K | -31.00K |
Income tax expense | 0 | 749.25K | 144.28K | 112.10K | 30.39K | -278.17K | -585.36K | 21.92K | -175.50K |
Net income | -16.70M | -12.68M | -9.23M | -12.79M | -18.10M | -7.77M | -3.46M | 55.58K | -31.00K |
Earnings per share | |||||||||
Basic EPS | -1.59 | -1.36 | -1.09 | -1.61 | -2.41 | -1.08 | -0.53 | 0.01 | -0.18 |
Diluted EPS | -1.59 | -1.36 | -1.09 | -1.61 | -2.41 | -1.08 | -0.53 | 0.01 | -0.18 |
| Data source | Data source |