FRX 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. FRX Innovations's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 49% to $3,114,136. Profit margin reached -455%. Total operating expenses were $6,733,739.

Profit Margin

FRX Innovations Inc. (TSX:FRXI.V): Profit margin
2019 5.62M -8.06M -143.37%
2020 5.27M -6.18M -117.25%
2021 6.12M -8.73M -142.67%
2022 3.11M -14.17M -455.12%

FRXI.V Income Statement (2019 – 2022)

2022 2021 2020 2019
Revenue
Revenue
3.11M6.12M5.27M5.62M
Cost of revenue
3.16M7.10M6.59M6.01M
Gross profit
-51.41K-989K-1.32M-390.87K
Operating exp.
Research and development
503.15K763.28K840.81K1.36M
Selling and marketing
72.78K620.98K00
Total operating expenses
6.73M3.80M3.03M4.37M
Operating income
-6.78M-4.78M-4.35M-4.76M
Other income (expenses), net
-5.70M-2.52M-1.83M-163.89K
Income before tax
-14.17M-8.73M-6.18M-8.06M
Income tax expense
1.94M1.41M1.17M3.14M
Net income
-14.17M-8.73M-6.18M-8.06M
Earnings per share
Basic EPS
-0.23-0.11-0.07-0.1
Diluted EPS
-0.23-0.11-0.07-0.1