Empower Clinics
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. Empower Clinics's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $4,476,822. The net income raised on -$2,892,232 and profit margin reached -65%. Total operating expenses were $6,323,379.
Profit Margin
| 2013 | 17K | -5.64M | -33200% |
|---|---|---|---|
| 2014 | 17K | 735K | 4323.53% |
| 2015 | 0 | -269K | |
| 2016 | 2.13K | -215K | -10074.98% |
| 2017 | 1.56M | -75K | -4.8% |
| 2018 | 1.09M | -3.78M | -347.26% |
| 2019 | 2.03M | -5.11M | -251.72% |
| 2020 | 3.20M | -17.60M | -548.69% |
| 2021 | 4.36M | -32.70M | -748.58% |
| 2022 | 4.47M | -2.89M | -64.6% |
EPWCF Income Statement (2013 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 4.47M | 4.36M | 3.20M | 2.03M | 1.09M | 1.56M | 2.13K | 0 | 17K | 17K |
Cost of revenue | 2.79M | 3.02M | 1.19M | 826.27K | 417.04K | 768.89K | 718 | 0 | 0 | 8.64M |
Gross profit | 1.68M | 1.34M | 2.01M | 1.20M | 674.33K | 792.35K | 1.41K | 0 | 17K | -8.62M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 652.12K | 751.51K | 1.03M | 313.87K | 306.79K | 171 | 60 | 0 | 0 | 0 |
Total operating expenses | 6.32M | 6.75M | 5.62M | 4.72M | 4.98M | 113K | 268K | 349K | 562K | 3.05M |
Operating income | -4.63M | -5.40M | -3.60M | -3.51M | -4.30M | -113K | -268K | -349K | 772K | -8.64M |
Other income (expenses), net | 1.79M | -26.32M | -13.09M | -786.60K | 887.35K | -3.10M | 53K | 49.73K | 1.27M | -5.60M |
Income before tax | -2.84M | -31.73M | -17.06M | -4.30M | -3.78M | -75K | -215K | -269K | 735K | -5.64M |
Income tax expense | 165K | 968.66K | 542.20K | 812.17K | -519.45K | -38K | -53K | -55K | 37K | 2.60M |
Net income | -2.89M | -32.70M | -17.60M | -5.11M | -3.78M | -75K | -215K | -269K | 735K | -5.64M |
Earnings per share | ||||||||||
Basic EPS | -0.04 | -0.5 | -0.48 | -0.22 | -0.28 | -0.02 | -0.06 | -0.08 | 0.3 | -2.34 |
Diluted EPS | -0.04 | -0.5 | -0.48 | -0.22 | -0.28 | -0.02 | -0.06 | -0.08 | 0.3 | -2.34 |
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