IBW Financial
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. IBW Financial's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 12% to $33,118,000. Profit margin reached 8%. Total operating expenses were $25,302,000.

Profit Margin

IBW Financial Corporation (OTC:IBWC): Profit margin
2020 37.71M 5.67M 15.05%
2023 33.11M 2.71M 8.19%

IBWC Income Statement (2020 – 2023)

2023 2020
Revenue
Revenue
33.11M37.71M
Cost of revenue
-9.26M0
Gross profit
42.38M37.71M
Operating exp.
Research and development
00
Selling and marketing
18.51M0
Total operating expenses
25.30M9.01M
Operating income
7.81M8.29M
Other income (expenses), net
-4.04M-2.99M
Income before tax
3.76M7.76M
Income tax expense
1.05M2.08M
Net income
2.71M5.67M
Earnings per share
Basic EPS
4.019.46
Diluted EPS
4.019.46