Asset Entities
Income Statement

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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. Asset Entities's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 19% to $277,038. Profit margin reached -1780%. Total operating expenses were $5,207,501.

Profit Margin

Asset Entities Inc. (NASDAQ:ASST): Profit margin
2020 86.90K 3.26K 3.76%
2021 829.61K 14.87K 1.79%
2022 343.10K -645.25K -188.06%
2023 277.03K -4.93M -1779.97%

ASST Income Statement (2020 – 2023)

2023 2022 2021 2020
Revenue
Revenue
277.03K343.10K829.61K86.90K
Cost of revenue
734155.23K160.25K1.92K
Gross profit
276.30K187.87K669.36K84.98K
Operating exp.
Research and development
0000
Selling and marketing
176.77K00-115.16K
Total operating expenses
5.20M988.36K814.74K83.63K
Operating income
-4.93M-645.25K14.87K3.27K
Other income (expenses), net
051-4.57K
Income before tax
-4.93M-645.25K14.87K3.26K
Income tax expense
0-645.25K14.87K7.83K
Net income
-4.93M-645.25K14.87K3.26K
Earnings per share
Basic EPS
-1.82-0.040.000.00
Diluted EPS
-1.82-0.040.000.00
Data sourceData source