Finnovate Acquisition Corp.
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. The net income dropped to $2,494,909 over the previous period. Total operating expenses were $1,993,129.

Profit Margin

Finnovate Acquisition Corp. (NASDAQ:FNVTW): Profit margin
2021 0 -639.54K
2022 0 3.69M
2023 0 2.49M

FNVTW Income Statement (2021 – 2023)

2023 2022 2021
Revenue
Revenue
000
Cost of revenue
000
Gross profit
000
Operating exp.
Research and development
000
Selling and marketing
000
Total operating expenses
1.99M1.47M190.97K
Operating income
-1.99M-1.47M-190.97K
Other income (expenses), net
4.48M2.58M-448.57K
Income before tax
2.49M1.11M-639.54K
Income tax expense
0-2.58M448.57K
Net income
2.49M3.69M-639.54K
Earnings per share
Basic EPS
0.190.17-0.02
Diluted EPS
0.190.17-0.02
Data sourceData sourceData source