Avricore Health
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. Avricore Health's past years’ income statements indicate that its last revenue has increased compared to the previous period by 97% to $3,485,147. The net income raised on -$701,215 and profit margin reached -20%. Total operating expenses were $1,786,662.
Profit Margin
| 2015 | 5.71K | -2.20M | -38520.01% |
|---|---|---|---|
| 2015 | 156.46K | -2.81M | -1802.12% |
| 2016 | 1.01M | -2.61M | -257.86% |
| 2017 | 537.71K | -2.73M | -508.95% |
| 2018 | 226.44K | -4.13M | -1826.85% |
| 2019 | 33K | -2.10M | -6380.63% |
| 2020 | 33.03K | -1.17M | -3554.24% |
| 2021 | 122.80K | -1.70M | -1390.9% |
| 2022 | 1.76M | -818.22K | -46.27% |
| 2023 | 3.48M | -701.21K | -20.12% |
AVCR.V Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.48M | 1.76M | 122.80K | 33.03K | 33K | 226.44K | 537.71K | 1.01M | 156.46K | 5.71K |
Cost of revenue | 2.28M | 1.31M | 92.28K | 15.55K | 18.50K | 188.39K | 290.87K | 710.91K | 66.78K | 2.49K |
Gross profit | 1.20M | 456.79K | 30.52K | 17.48K | 14.49K | 38.05K | 246.84K | 302.77K | 89.68K | 3.22K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 251.50K | 242.30K | 208.78K | 90.44K | 56.14K |
Selling and marketing | 1.03K | 175.99K | 0 | 2.27K | 44.69K | 472.49K | 281.00K | 663.82K | 126.46K | 9.85K |
Total operating expenses | 1.78M | 1.26M | 1.76M | 870.72K | 1.61M | 2.91M | 2.26M | 2.63M | 2.90M | 1.73M |
Operating income | -691.83K | -809.85K | -1.74M | -859.15K | -1.60M | -2.88M | -1.98M | -2.33M | -2.35M | -1.72M |
Other income (expenses), net | -9.37K | -8.36K | 75.31K | -125.05K | -308.51K | -1.25M | 20.97K | -285.63K | -461.58K | -472.21K |
Income before tax | -701.21K | -818.22K | -1.70M | -1.17M | -1.91M | -4.13M | -2.73M | -2.61M | -2.81M | -2.20M |
Income tax expense | 0 | 0 | 38.43K | 40.43K | 196.59K | 540 | 35.35K | 278.48K | 0 | 1.06K |
Net income | -701.21K | -818.22K | -1.70M | -1.17M | -2.10M | -4.13M | -2.73M | -2.61M | -2.81M | -2.20M |
Earnings per share | ||||||||||
Basic EPS | -0.00 | -0.00 | -0.01 | -0.01 | -0.04 | -0.12 | -0.15 | -0.18 | -0.21 | -0.19 |
Diluted EPS | -0.00 | -0.00 | -0.01 | -0.01 | -0.04 | -0.12 | -0.15 | -0.18 | -0.21 | -0.19 |