Healthcare Triangle
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. Healthcare Triangle's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 28% to $33,203,000. Profit margin reached -37%. Total operating expenses were $18,125,000.

Profit Margin

Healthcare Triangle, Inc. (NASDAQ:HCTI): Profit margin
2019 28.73M 1.17M 4.08%
2020 31.33M 2.35M 7.51%
2021 35.26M -5.95M -16.87%
2022 45.88M -9.61M -20.94%
2023 33.20M -12.33M -37.16%

HCTI Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
33.20M45.88M35.26M31.33M28.73M
Cost of revenue
26.42M34.59M24.74M22.75M22.88M
Gross profit
6.77M11.29M10.52M8.58M5.84M
Operating exp.
Research and development
799K5.95M5.25M1.74M1.01M
Selling and marketing
4.67M6.80M4.76M2.42M687.6K
Total operating expenses
18.12M21.71M15.88M7.40M4.17M
Operating income
-11.34M-10.41M-5.35M1.17M1.66M
Other income (expenses), net
-956K869K-566.73K1.43M-52.57K
Income before tax
-12.30M-9.54M-5.92M2.61M1.61M
Income tax expense
35K63K24.24K257.38K444.37K
Net income
-12.33M-9.61M-5.95M2.35M1.17M
Earnings per share
Basic EPS
-2.92-2.62-2.020.670.33
Diluted EPS
-2.92-2.62-2.020.670.33
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