Alvopetro Energy Ltd.
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. Alvopetro Energy Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 9% to $58,035,000. Profit margin reached 49%. Total operating expenses were $6,165,000.
Profit Margin
| 2014 | 1.48M | -31.70M | -2130.98% |
|---|---|---|---|
| 2015 | 627K | -12.42M | -1981.5% |
| 2016 | 561K | -12.57M | -2242.07% |
| 2017 | 462K | -7.11M | -1540.48% |
| 2018 | 519K | -4.34M | -836.22% |
| 2019 | 240K | -5.27M | -2197.92% |
| 2020 | 11.30M | 5.70M | 50.46% |
| 2021 | 34.98M | 5.59M | 15.99% |
| 2022 | 63.50M | 31.73M | 49.97% |
| 2023 | 58.03M | 28.52M | 49.15% |
ALV.V Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 58.03M | 63.50M | 34.98M | 11.30M | 240K | 519K | 462K | 561K | 627K | 1.48M |
Cost of revenue | 4.20M | 15.03M | 14.84M | 4.14M | 544K | 1.03M | 898K | 1.24M | 947K | 1.58M |
Gross profit | 53.83M | 48.46M | 20.13M | 7.16M | -304K | -520K | -436K | -684K | -320K | -96K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 6.16M | 5.89M | 5.19M | 3.39M | 3.08M | 3.12M | 3.14M | 4.48M | 5.43M | 6.48M |
Operating income | 47.66M | 43M | 15.38M | 3.19M | -3.32M | -3.64M | -3.43M | -5.16M | -5.75M | -6.58M |
Other income (expenses), net | -14.86M | -5.55M | -4.25M | -4.01M | -1.68M | -700K | -3.92M | -7.74M | -13.30M | -25.19M |
Income before tax | 32.79M | 37.44M | 11.12M | 1.96M | -5.01M | -4.34M | -7.11M | -12.90M | -18.55M | -31.77M |
Income tax expense | 4.27M | 5.71M | 4.50M | -3.74M | 264K | -700K | 3.53M | -330K | -6.13M | -68K |
Net income | 28.52M | 31.73M | 5.59M | 5.70M | -5.27M | -4.34M | -7.11M | -12.57M | -12.42M | -31.70M |
Earnings per share | ||||||||||
Basic EPS | 0.76 | 0.92 | 0.17 | 0.17 | -0.16 | -0.15 | -0.25 | -0.44 | -0.44 | -1.12 |
Diluted EPS | 0.76 | 0.86 | 0.16 | 0.16 | -0.16 | -0.15 | -0.25 | -0.44 | -0.44 | -1.12 |