Hour Loop
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. Hour Loop's past years’ income statements indicate that its last revenue has increased compared to the previous period by 38% to $132,124,202. Profit margin reached -2%. Total operating expenses were $69,520,678.
Profit Margin
| 2019 | 26.56M | -476.37K | -1.79% |
|---|---|---|---|
| 2020 | 38.65M | 3.82M | 9.9% |
| 2021 | 62.79M | 4.78M | 7.62% |
| 2022 | 95.93M | -1.47M | -1.54% |
| 2023 | 132.12M | -2.42M | -1.84% |
HOUR Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 132.12M | 95.93M | 62.79M | 38.65M | 26.56M |
Cost of revenue | 65.60M | 46.94M | 27.98M | 16.63M | 14.13M |
Gross profit | 66.51M | 48.98M | 34.80M | 22.01M | 12.42M |
Operating exp. | |||||
Research and development | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 61.13M | 42.22M | 25.11M | 15.15M | 11.49M |
Total operating expenses | 69.52M | 50.90M | 29.33M | 18.32M | 12.82M |
Operating income | -3.00M | -1.91M | 5.47M | 3.68M | -391.74K |
Other income (expenses), net | -157.03K | -20.42K | 18.82K | -15.18K | -32.84K |
Income before tax | -3.16M | -1.93M | 5.49M | 3.82M | -424.58K |
Income tax expense | -730.76K | -462.16K | 709.20K | 43.26K | 51.79K |
Net income | -2.42M | -1.47M | 4.78M | 3.82M | -476.37K |
Earnings per share | |||||
Basic EPS | -0.06 | -0.04 | 0.14 | 0.11 | -0.01 |
Diluted EPS | -0.06 | -0.04 | 0.14 | 0.11 | -0.01 |
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