Comet Industries Ltd.
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. Comet Industries Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 17% to $352,903. The net income raised on $8,149,775 and profit margin reached 2309%. Total operating expenses were $276,294.

Profit Margin

Comet Industries Ltd. (TSX:CMU.V): Profit margin
2013 412.17K 22.74K 5.52%
2015 451.37K -22.63K -5.01%
2016 452.55K 58.13K 12.85%
2018 525.45K -112 -0.02%
2019 558.09K 35.11K 6.29%
2021 309.97K -67.93K -21.92%
2022 424.64K 360.19K 84.82%
2024 352.90K 8.14M 2309.35%

CMU.V Income Statement (2013 – 2023)

2023 2021 2020 2018 2017 2015 2014 2013
Revenue
Revenue
352.90K424.64K309.97K558.09K525.45K452.55K451.37K412.17K
Cost of revenue
76.60K1.11K1.17K1.3K1.37K1.76K1.72K2.71K
Gross profit
276.29K423.53K308.80K556.79K524.08K450.79K449.65K409.45K
Operating exp.
Research and development
535.67K0000000
Selling and marketing
14.02K0000000
Total operating expenses
276.29K490.74K322.96K410.53K463.39K481.85K368.87K338.27K
Operating income
-1.00M-120.38K-195.88K38.80K1.86K-93.63K2.56K9.22K
Other income (expenses), net
10.21M457.73K127.95K-63.11K-1.97K151.77K-25.19K6.41K
Income before tax
9.20M360.19K-67.93K35.11K-11258.13K-22.63K22.74K
Income tax expense
1.06M142.73K31.86K36.07K38.24K198.21K27.53K39.33K
Net income
8.14M360.19K-67.93K35.11K-11258.13K-22.63K22.74K
Earnings per share
Basic EPS
1.750.07-0.010.0000.01-0.000.01
Diluted EPS
1.670.07-0.010.0000.01-0.000.01