Freight Technologies
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. Freight Technologies's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 34% to $17,060,753. Profit margin reached -55%. Total operating expenses were $3,243,967.
Profit Margin
| 2015 | 9.72M | 5.61M | 57.68% |
|---|---|---|---|
| 2016 | 18.61M | 13.88M | 74.6% |
| 2017 | 29.20M | 24.04M | 82.36% |
| 2018 | 3.24M | -2.40M | -74.19% |
| 2019 | 4.17M | -3.50M | -83.86% |
| 2020 | 9.20M | -5.85M | -63.57% |
| 2021 | 21.47M | -8.20M | -38.19% |
| 2022 | 25.88M | -8.18M | -31.62% |
| 2023 | 17.06M | -9.32M | -54.67% |
FRGT Income Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 17.06M | 25.88M | 21.47M | 9.20M | 4.17M | 3.24M | 29.20M | 18.61M | 9.72M |
Cost of revenue | 22.07M | 23.62M | 19.55M | 8.41M | 3.84M | 2.92M | 729.75K | 390.05K | 243.41K |
Gross profit | -5.01M | 2.26M | 1.91M | 794.37K | 331.06K | 317.98K | 28.47M | 18.22M | 9.48M |
Operating exp. | |||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 3.51M | 92.68K | 0 | 0 |
Selling and marketing | 80.32K | 557.47K | 91.65K | 23.62K | 130.64K | 20.23K | 371.38K | 0 | 0 |
Total operating expenses | 3.24M | 9.32M | 6.72M | 5.50M | 3.39M | 2.38M | 3.63M | 1.58M | 1.71M |
Operating income | -8.26M | -7.06M | -4.80M | -4.70M | -3.06M | -2.06M | 24.83M | 16.64M | 7.76M |
Other income (expenses), net | -961.46K | -1.03M | -3.35M | -1.11M | -428.68K | -340.48K | -155.16K | -301.61K | -286.27K |
Income before tax | -9.22M | -8.09M | -8.16M | -5.82M | -3.49M | -2.40M | 24.68M | 16.34M | 7.48M |
Income tax expense | 104.94K | 90.51K | 40.26K | 23.05K | 9.98K | -1.70M | 633.31K | 2.45M | 1.87M |
Net income | -9.32M | -8.18M | -8.20M | -5.85M | -3.50M | -2.40M | 24.04M | 13.88M | 5.61M |
Earnings per share | |||||||||
Basic EPS | -194.87 | -20.96 | -41.44 | -20.1 | -17.43 | -11.98 | 126.69 | 76.39 | 30.87 |
Diluted EPS | -194.87 | -20.96 | -40.97 | -20.1 | -17.43 | -11.98 | 126.69 | 76.39 | 30.87 |
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