Borealis Foods
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. The net income raised on -$2,941,403 over the previous period. Total operating expenses were $5,130,993.

Profit Margin

Borealis Foods Inc. (NASDAQ:BRLS): Profit margin
2021 13.63M -10.12M -74.24%
2022 25.59M -26.28M -102.7%
2023 0 -2.94M

BRLS Income Statement (2021 – 2023)

2023 2022 2021
Revenue
Revenue
025.59M13.63M
Cost of revenue
033.66M13.84M
Gross profit
0-8.06M-212.99K
Operating exp.
Research and development
000
Selling and marketing
000
Total operating expenses
5.13M14.99M9.99M
Operating income
-5.13M-23.06M-10.20M
Other income (expenses), net
2.18M51.94K371.27K
Income before tax
-2.94M-26.22M-10.10M
Income tax expense
-167.89K55.58K19.53K
Net income
-2.94M-26.28M-10.12M
Earnings per share
Basic EPS
-0.45-1.2-0.46
Diluted EPS
-0.45-1.2-0.46