Fitell
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. Fitell's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 45% to $4,466,775. Profit margin reached -208%. Total operating expenses were $9,584,222.

Profit Margin

Fitell Corporation (NASDAQ:FTEL): Profit margin
2021 6.94M 849.20K 12.23%
2022 8.15M 12.60K 0.15%
2024 4.46M -9.31M -208.48%

FTEL Income Statement (2020 – 2023)

2023 2021 2020
Revenue
Revenue
4.46M8.15M6.94M
Cost of revenue
2.88M4.52M4.19M
Gross profit
1.58M3.63M2.75M
Operating exp.
Research and development
000
Selling and marketing
351.29K604.2K336.86K
Total operating expenses
9.58M2.30M1.82M
Operating income
-7.99M1.33M923.37K
Other income (expenses), net
-1.52M-1.07M213.25K
Income before tax
-9.52M232.45K1.13M
Income tax expense
-209.34K219.85K287.43K
Net income
-9.31M12.60K849.20K
Earnings per share
Basic EPS
00.000.07
Diluted EPS
00.000.07
Data source