Bantec
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. Bantec's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $2,324,307. The net income raised on -$2,225,334 and profit margin reached -96%. Total operating expenses were $1,886,542.

Profit Margin

Bantec, Inc. (OTC:BANT): Profit margin
2015 0 -79.05K
2017 24.58M -7.82M -31.83%
2018 18.38M -5.77M -31.4%
2019 10.28M -8.64M -84.01%
2020 4.45M -5.92M -133.03%
2021 2.42M -3.32M -137.12%
2022 2.46M -3.89M -157.9%
2023 2.32M -2.22M -95.74%

BANT Income Statement (2015 – 2023)

2023 2022 2021 2020 2019 2018 2017 2015
Revenue
Revenue
2.32M2.46M2.42M4.45M10.28M18.38M24.58M0
Cost of revenue
1.94M2.04M1.55M3.35M9.19M16.77M22.96M0
Gross profit
379.53K418.02K869.48K1.10M1.09M1.61M1.62M0
Operating exp.
Research and development
00000000
Selling and marketing
00000000
Total operating expenses
1.88M2.18M2.84M2.84M3.29M3.67M7.21M77.66K
Operating income
-1.50M-1.77M-1.97M-1.73M-2.20M-2.06M-5.58M-77.67K
Other income (expenses), net
-718.32K-895.08K90.67K-2.59M-4.91M-3.71M-2.24M386.94K
Income before tax
-2.22M-2.67M-1.88M-4.32M-7.11M-5.77M-7.82M-79.05K
Income tax expense
01.22M1.44M1.59M1.52M-179.36K50-466K
Net income
-2.22M-3.89M-3.32M-5.92M-8.64M-5.77M-7.82M-79.05K
Earnings per share
Basic EPS
-0.36-1.14-2.33-46.54-3.30K0-180K-3.70M
Diluted EPS
-0.36-1.14-2.33-46.54-3.30K0-180K-3.70M
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