Canaan
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. Canaan's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 95% to $211,477,000. The net income dropped to -$414,153,000 and profit margin reached -196%. Total operating expenses were $170,101,000.
Profit Margin
| 2017 | 1.30B | 375.81M | 28.73% |
|---|---|---|---|
| 2018 | 2.70B | 122.43M | 4.53% |
| 2019 | 203.32M | -109.21M | -53.71% |
| 2020 | 68.58M | -32.95M | -48.05% |
| 2021 | 782.33M | 309.08M | 39.51% |
| 2022 | 4.37B | 658.24M | 15.03% |
| 2023 | 211.47M | -414.15M | -195.84% |
CAN Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 211.47M | 4.37B | 782.33M | 68.58M | 203.32M | 2.70B | 1.30B |
Cost of revenue | 452.25M | 2.63B | 335.10M | 62.79M | 277.07M | 2.19B | 703.69M |
Gross profit | -240.78M | 1.74B | 447.23M | 5.78M | -73.74M | 508.11M | 604.38M |
Operating exp. | |||||||
Research and development | 64.84M | 546.64M | 52.21M | 21.45M | 24.15M | 189.68M | 99.76M |
Selling and marketing | 8.17M | 62.96M | 15.76M | 3.06M | 3.13M | 38.73M | 20.72M |
Total operating expenses | 170.10M | 172.50M | 160.40M | 39.56M | 76.78M | 256.80M | 209.25M |
Operating income | -410.88M | 557.81M | 286.83M | -38.89M | -191.49M | 251.31M | 397.43M |
Other income (expenses), net | -54.61M | 252.69M | 34.83M | 5.94M | 43.63M | -2.23M | 345.85M |
Income before tax | -465.49M | 810.50M | 321.67M | -32.95M | -147.85M | 200.24M | 400.96M |
Income tax expense | -51.34M | 152.26M | 7.86M | 0 | -38.63M | 77.81M | 25.15M |
Net income | -414.15M | 658.24M | 309.08M | -32.95M | -109.21M | 122.43M | 375.81M |
Earnings per share | |||||||
Basic EPS | -0.16 | 4.21 | 1.87 | -0.01 | -0.76 | 0.78 | 0.02 |
Diluted EPS | -0.16 | 4.21 | 1.84 | -0.01 | -0.76 | 0.77 | 0.02 |
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