FTAC Olympus Acquisition Corp.
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. FTAC Olympus Acquisition Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 32% to $831,103,000. The net income raised on $93,333,000 and profit margin reached 11%. Total operating expenses were $566,885,000.

Profit Margin

FTAC Olympus Acquisition Corp. (NASDAQ:FTOCU): Profit margin
2018 260.13M -7.18M -2.76%
2019 317.75M -544K -0.17%
2020 345.59M -23.60M -6.83%
2021 473.40M -33.95M -7.17%
2022 627.62M -11.96M -1.91%
2023 831.10M 93.33M 11.23%

FTOCU Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
831.10M627.62M473.40M345.59M317.75M260.13M
Cost of revenue
148.32M110.16M101.47M97.04M94.66M81.36M
Gross profit
682.77M517.45M371.92M248.55M223.08M178.76M
Operating exp.
Research and development
119.19M115.04M80.76M52.30M34.77M29.38M
Selling and marketing
196.65M164.56M114.33M76.84M61.02M50.16M
Total operating expenses
566.88M539.67M402.13M265.84M219.44M180.69M
Operating income
103.60M-22.21M-30.20M-17.29M3.64M-1.92M
Other income (expenses), net
28.92M23.83M4.97M2.01M524K-2.17M
Income before tax
132.53M1.61M-25.23M-15.28M4.16M-4.1M
Income tax expense
39.20M13.58M8.71M8.32M4.70M3.08M
Net income
93.33M-11.96M-33.95M-23.60M-544K-7.18M
Earnings per share
Basic EPS
0.26-0.03-0.17-0.5-0.00-0.02
Diluted EPS
0.24-0.03-0.17-0.5-0.00-0.02
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