Forza Innovations
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. Forza Innovations's past years’ income statements indicate that its last revenue has increased compared to the previous period by 343% to $114,596. Profit margin reached -4150%. Total operating expenses were $1,014,357.
Profit Margin
| 2016 | 0 | -8.51K | |
|---|---|---|---|
| 2017 | 1.35K | -47.41K | -3494.03% |
| 2018 | 236.85K | -76.29K | -32.21% |
| 2019 | 768.78K | 102.74K | 13.36% |
| 2020 | 605.43K | -462.34K | -76.37% |
| 2021 | 0 | -3.18M | |
| 2022 | 25.87K | -3.50M | -13533.87% |
| 2023 | 114.59K | -4.75M | -4149.98% |
FORZ Income Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 114.59K | 25.87K | 0 | 605.43K | 768.78K | 236.85K | 1.35K | 0 |
Cost of revenue | 26.89K | 2.79K | 10.86K | 398.38K | 458.06K | 84.39K | 698 | 0 |
Gross profit | 87.69K | 23.07K | -10.86K | 207.04K | 310.72K | 152.46K | 659 | 0 |
Operating exp. | ||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 31.40K | 111.52K | 0 | 0 | 0 | 0 | -48.02M | 0 |
Total operating expenses | 1.01M | 1.92M | 60.16K | 231.71K | 148.30K | 220.85K | 48.07K | 8.51K |
Operating income | -926.65K | -1.89M | -60.16K | -64.67K | 162.41K | -68.39K | -47.41K | -8.51K |
Other income (expenses), net | -3.82M | -800.83K | -3.10M | -257.98K | -21.18K | -7.89K | 0 | 0 |
Income before tax | -4.75M | -2.70M | -3.16M | -321.00K | 141.22K | -76.29K | -47.41K | -8.51K |
Income tax expense | 0 | 800.83K | 13.09K | 141.33K | 38.48K | 0 | 0 | 0 |
Net income | -4.75M | -3.50M | -3.18M | -462.34K | 102.74K | -76.29K | -47.41K | -8.51K |
Earnings per share | ||||||||
Basic EPS | -0.00 | -0.01 | -0.14 | -0.00 | 0.00 | -0.00 | -0.00 | 0 |
Diluted EPS | -0.00 | -0.01 | -0.14 | -0.00 | 0.00 | -0.00 | -0.00 | 0 |
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