Sunrise New Energy Co., 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. Sunrise New Energy Co., Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 18% to $45,050,405. Profit margin reached -54%. Total operating expenses were $18,126,754.

Profit Margin

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW): Profit margin
2017 2.28M -674.67K -29.5%
2018 13.53M 7.47M 55.23%
2019 17.92M 9.74M 54.37%
2020 23.18M 12.08M 52.14%
2021 7.40M -8.40M -113.42%
2022 38.12M -22.63M -59.37%
2023 45.05M -24.23M -53.79%

EPOW Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
45.05M38.12M7.40M23.18M17.92M13.53M2.28M
Cost of revenue
57.45M39.47M3.88M2.98M2.10M1.14M780.34K
Gross profit
-12.40M-1.35M3.52M20.20M15.81M12.39M1.50M
Operating exp.
Research and development
1.19M1.05M2.15M671.31K795.54K665.37K255.42K
Selling and marketing
742.16K1.07M946.77K906.45K1.35M1.28M773.54K
Total operating expenses
18.12M14.80M10.93M5.47M5.04M3.72M2.33M
Operating income
-27.37M-16.15M-7.41M14.72M10.77M8.69M-826.18K
Other income (expenses), net
-5.54M-6.15M-1.54M286.21K197.55K111.79K7.01K
Income before tax
-32.92M-22.31M-8.95M15.01M10.96M8.81M-819.17K
Income tax expense
-226808.97K-236.58K3.05M1.58M1.15M-149.44K
Net income
-24.23M-22.63M-8.40M12.08M9.74M7.47M-674.67K
Earnings per share
Basic EPS
-1.08-0.91-0.360.520.420.45-0.02
Diluted EPS
-0.95-0.91-0.360.520.420.45-0.02
Data sourceData source