Empire Petroleum
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. Empire Petroleum's past years’ income statements indicate that its last revenue has increased compared to the previous period by 266% to $28,315,467. Profit margin reached -67%. Total operating expenses were $14,095,708.
Profit Margin
| 2012 | 0 | -253.34K | |
|---|---|---|---|
| 2013 | 0 | -227.82K | |
| 2014 | 0 | -236.58K | |
| 2015 | 0 | -174.92K | |
| 2016 | 0 | -381.91K | |
| 2017 | 0 | -830.06K | |
| 2018 | 352.37K | -1.01M | -288.65% |
| 2019 | 5.82M | -6.65M | -114.23% |
| 2020 | 7.72M | -16.83M | -217.85% |
| 2021 | 28.31M | -19.05M | -67.28% |
EMPR Income Statement (2012 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 28.31M | 7.72M | 5.82M | 352.37K | 0 | 0 | 0 | 0 | 0 | 0 |
Cost of revenue | 0 | 0 | 8.06M | 153.00K | 0 | 0 | 9.27K | 35.88K | 36.75K | 14.74K |
Gross profit | 28.31M | 7.72M | -2.24M | 199.36K | 0 | 0 | -9.27K | -35.88K | -36.75K | -14.74K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 14.09M | 7.37M | 3.94M | 1.22M | 757.06K | 196.60K | 165.64K | 186.07K | 191.06K | 230.68K |
Operating income | -18.17M | -17.58M | -6.15M | -915.94K | -757.06K | -378.07K | -174.92K | -221.96K | -227.82K | -245.43K |
Other income (expenses), net | -436.05K | 747.57K | -503.60K | -101.18K | -72.99K | -3.83K | 0 | -14.62K | 0 | -7.91K |
Income before tax | -18.61M | -16.83M | -6.65M | -1.01M | -830.06K | -381.91K | -174.92K | -236.58K | -227.82K | -253.34K |
Income tax expense | 436.05K | 1.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net income | -19.05M | -16.83M | -6.65M | -1.01M | -830.06K | -381.91K | -174.92K | -236.58K | -227.82K | -253.34K |
Earnings per share | ||||||||||
Basic EPS | -0.84 | -2.97 | -1.34 | -0.31 | -0.31 | -0.18 | -0.08 | -0.12 | -0.12 | -0.03 |
Diluted EPS | -0.84 | -2.97 | -1.34 | -0.31 | -0.31 | -0.18 | -0.08 | -0.12 | -0.12 | -0.03 |
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