Avant Brands
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. Avant Brands's past years’ income statements indicate that its last revenue has increased compared to the previous period by 31% to $26,344,000. The net income raised on -$5,070,000 and profit margin reached -19%. Total operating expenses were $13,883,000.
Profit Margin
| 2014 | 0 | -650.18K | |
|---|---|---|---|
| 2015 | 0 | 51.23K | |
| 2016 | 0 | -206.56K | |
| 2017 | 0 | -24.47K | |
| 2018 | 57.75K | -10.52M | -18227.44% |
| 2019 | 2.36M | -9.57M | -405.51% |
| 2020 | 7.90M | -9.74M | -123.23% |
| 2021 | 9.49M | -11.13M | -117.18% |
| 2022 | 20.14M | -6.61M | -32.85% |
| 2023 | 26.34M | -5.07M | -19.25% |
AVTBF Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 26.34M | 20.14M | 9.49M | 7.90M | 2.36M | 57.75K | 0 | 0 | 0 | 0 |
Cost of revenue | 13.91M | 16.23M | 7.6M | 1.75M | 1.04M | 118K | 0 | 0 | 0 | 0 |
Gross profit | 12.43M | 3.91M | 1.89M | 6.15M | 1.32M | -60.24K | 0 | 0 | 0 | 0 |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 292K | 545K | 202K | 208K | 625K | 991.49K | 133.71K | 0 | 0 | 0 |
Total operating expenses | 13.88M | 12.45M | 5.76M | 4.50M | 9.62M | 10.61M | 18.53K | 28.05K | 26.78K | 24.53K |
Operating income | -1.45M | -8.54M | -3.86M | 1.22M | -8.29M | -10.87M | -1.85M | -40.77K | -98.97K | -650.05K |
Other income (expenses), net | -1.54M | 2.28M | -8.46M | -8.82M | -1.29M | -2.09M | 11.72K | -165.78K | 150.20K | -133 |
Income before tax | -2.99M | -6.25M | -12.33M | -8.54M | -9.59M | -12.95M | -24.47K | -206.56K | 51.23K | -650.18K |
Income tax expense | 2.17M | 364K | -1.19M | 1.19M | -19K | -2.41M | 11.72K | 0 | -77.64K | 625.91K |
Net income | -5.07M | -6.61M | -11.13M | -9.74M | -9.57M | -10.52M | -24.47K | -206.56K | 51.23K | -650.18K |
Earnings per share | ||||||||||
Basic EPS | -0.61 | -0.03 | -0.06 | -1.74 | -0.09 | -0.14 | -3.73 | -1.4 | 0.36 | -7.94 |
Diluted EPS | -0.61 | -0.03 | -0.06 | -1.74 | -0.09 | -0.14 | -3.73 | -1.4 | 0.36 | -7.94 |