Fly-E Group, Inc. Common Stock
Income Statement
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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. Fly-E Group, Inc. Common Stock's past years’ income statements indicate that its last revenue has increased compared to the previous period by 48% to $32,205,666. The net income raised on $1,895,222 and profit margin reached 6%. Total operating expenses were $9,845,989.
Profit Margin
| 2023 | 21.77M | 1.37M | 6.33% |
|---|---|---|---|
| 2024 | 32.20M | 1.89M | 5.88% |
FLYE Income Statement (2023 – 2024)
| 2024 | 2023 | |
|---|---|---|
Revenue | ||
Revenue | 32.20M | 21.77M |
Cost of revenue | 19.09M | 15.53M |
Gross profit | 13.10M | 6.23M |
Operating exp. | ||
Research and development | 0 | 80.04K |
Selling and marketing | 5.91M | 3.66M |
Total operating expenses | 9.84M | 3.92M |
Operating income | 3.26M | 2.31M |
Other income (expenses), net | -182.40K | -111.91K |
Income before tax | 3.07M | 2.20M |
Income tax expense | 1.18M | 821.89K |
Net income | 1.89M | 1.37M |
Earnings per share | ||
Basic EPS | 0.07 | 0.05 |
Diluted EPS | 0.07 | 0.05 |