Happiness Development Group Limited
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. Happiness Development Group Limited's past years’ income statements indicate that its last revenue has increased compared to the previous period by 25% to $89,488,658. Profit margin reached -60%. Total operating expenses were $51,287,517.

Profit Margin

Happiness Development Group Limited (NASDAQ:HAPP): Profit margin
2017 52.99M 14.51M 27.39%
2018 61.49M 17.48M 28.44%
2019 63.93M 18.72M 29.28%
2020 65.06M 12.68M 19.5%
2021 71.48M 691.95K 0.97%
2022 89.48M -54.02M -60.37%

HAPP Income Statement (2017 – 2022)

2022 2021 2020 2019 2018 2017
Revenue
Revenue
89.48M71.48M65.06M63.93M61.49M52.99M
Cost of revenue
85.77M53.30M34.64M31.68M32.14M27.17M
Gross profit
3.71M18.17M30.41M32.24M29.35M25.81M
Operating exp.
Research and development
1.68M1.66M2.35M2.16M1.85M1.65M
Selling and marketing
40.47M9.95M9.17M6.29M5.81M5.58M
Total operating expenses
51.28M16.64M15.02M10.40M9.11M8.61M
Operating income
-47.57M1.52M15.39M21.84M20.24M17.20M
Other income (expenses), net
-10.17M125.62K133.40K62.25K120.84K-184.66K
Income before tax
-57.74M1.65M15.53M21.90M20.36M17.02M
Income tax expense
-3.72M959.38K2.84M3.18M2.87M2.50M
Net income
-54.02M691.95K12.68M18.72M17.48M14.51M
Earnings per share
Basic EPS
-26.690.610.614.9813.9911.61
Diluted EPS
-26.690.610.614.9813.9911.61
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