Hemisphere Energy
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. Hemisphere Energy's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 30% to $67,702,000. The net income raised on $24,195,000 and profit margin reached 36%. Total operating expenses were $5,470,000.
Profit Margin
| 2014 | 16.63M | -1.66M | -10.03% |
|---|---|---|---|
| 2015 | 9.74M | -8.31M | -85.24% |
| 2016 | 6.22M | -2.68M | -43.09% |
| 2017 | 10.97M | -3.79M | -34.59% |
| 2018 | 17.75M | -7.93M | -44.7% |
| 2019 | 31.51M | -1.27M | -4.05% |
| 2020 | 18.66M | -3.45M | -18.53% |
| 2021 | 43.13M | 4.17M | 9.67% |
| 2022 | 96.69M | 21.31M | 22.04% |
| 2023 | 67.70M | 24.19M | 35.74% |
HME.V Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 67.70M | 96.69M | 43.13M | 18.66M | 31.51M | 17.75M | 10.97M | 6.22M | 9.74M | 16.63M |
Cost of revenue | 25.19M | 46.31M | 20.57M | 12.40M | 17.11M | 13.15M | 9.14M | 6.67M | 9.53M | 12.72M |
Gross profit | 42.50M | 50.38M | 22.56M | 6.25M | 14.39M | 4.59M | 1.83M | -449.59K | 214.39K | 3.91M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 846K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 5.47M | 6.73M | 4.51M | 2.45M | 3.32M | 3.20M | 2.50M | 1.75M | 2.06M | 2.92M |
Operating income | 37.03M | 37.37M | 15.05M | 2.94M | 10.51M | 894.19K | -3.00M | -2.06M | -6.09M | -1.63M |
Other income (expenses), net | -4.57M | -7.71M | -9.14M | -3.36M | -8.28M | -5.74M | -1.34M | -538.21K | -571.35K | 107.72K |
Income before tax | 32.46M | 29.66M | 5.91M | -415.90K | 2.23M | -4.85M | -4.34M | -2.74M | -6.66M | -1.53M |
Income tax expense | 8.27M | 8.34M | 1.74M | 3.04M | 3.50M | 3.08M | -547.74K | -65.4K | 1.64M | 129.55K |
Net income | 24.19M | 21.31M | 4.17M | -3.45M | -1.27M | -7.93M | -3.79M | -2.68M | -8.31M | -1.66M |
Earnings per share | ||||||||||
Basic EPS | 0.24 | 0.21 | 0.04 | -0.03 | -0.01 | -0.08 | -0.04 | -0.03 | -0.11 | -0.02 |
Diluted EPS | 0.24 | 0.21 | 0.04 | -0.03 | -0.01 | -0.08 | -0.04 | -0.03 | -0.11 | -0.02 |