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. 's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2772% to $138,427,484. The net income raised on $72,558,671 and profit margin reached 52%. Total operating expenses were $1,307,685.
Profit Margin
| 2012 | 5.48M | 3.26M | 59.58% |
|---|---|---|---|
| 2013 | 17.66M | 10.31M | 58.41% |
| 2014 | 7.60M | 3.87M | 50.95% |
| 2016 | 6.45M | 993.91K | 15.39% |
| 2018 | 4.26M | 15.60M | 366.06% |
| 2019 | 19.56M | 4.70M | 24.07% |
| 2021 | 2.99M | 149.21M | 4977.85% |
| 2022 | 4.81M | 12.49M | 259.25% |
| 2024 | 138.42M | 72.55M | 52.42% |
FRMO Income Statement (2012 – 2023)
| 2023 | 2021 | 2020 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 138.42M | 4.81M | 2.99M | 19.56M | 4.26M | 6.45M | 7.60M | 17.66M | 5.48M |
Cost of revenue | 131.43M | -9.05M | -147.57M | -13.30M | -12.15M | 103.2K | 103.2K | 110.53K | 141.52K |
Gross profit | 6.99M | 13.87M | 150.56M | 32.87M | 16.41M | 6.35M | 7.49M | 17.55M | 5.34M |
Operating exp. | |||||||||
Research and development | 0 | 2 | 49 | 0 | 3 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | -1.08M | -1.12M | 0 | -789.23K | 0 | 0 | 0 | 0 |
Total operating expenses | 1.30M | 1.38M | 1.34M | 1.33M | 808.44K | 617.94K | 366.97K | 432.39K | 519.46K |
Operating income | 137.11M | 298.94K | 228.15K | 18.23M | 19.20K | 993.91K | 7.13M | 17.12M | 4.82M |
Other income (expenses), net | -248.14K | 44.01M | -6.53M | 2.74M | 11.80M | -2.03M | 229.48K | -324.69K | -224.34K |
Income before tax | 136.87M | 12.13M | 142.91M | 18.23M | 11.82M | -1.03M | 6.67M | 16.79M | 4.59M |
Income tax expense | 18.42M | 11.84M | 142.68M | 1.02M | 11.80M | -1.03M | 2.80M | 6.47M | 1.33M |
Net income | 72.55M | 12.49M | 149.21M | 4.70M | 15.60M | 993.91K | 3.87M | 10.31M | 3.26M |
Earnings per share | |||||||||
Basic EPS | 1.65 | 186.74M | 3.39 | 0.11 | 0.32 | -0.01 | 0.08 | 0.26 | 0.08 |
Diluted EPS | 1.65 | 186.74M | 3.39 | 0.11 | 0.32 | -0.02 | 0.08 | 0.26 | 0.08 |