iCoreConnect
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. iCoreConnect's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $8,151,586. Profit margin reached -191%. Total operating expenses were $16,399,043.
Profit Margin
| 2012 | 595.50K | -4.58M | -770.61% |
|---|---|---|---|
| 2013 | 105.69K | -7.24M | -6855.22% |
| 2014 | 366.44K | 1.95M | 532.97% |
| 2017 | 653K | -4.49M | -687.6% |
| 2018 | 1.08M | -7.16M | -657.67% |
| 2019 | 1.01M | -3.15M | -311.14% |
| 2020 | 2.12M | -3.68M | -173.3% |
| 2021 | 4.95M | -5.80M | -117.07% |
| 2022 | 7.98M | -7.35M | -92.11% |
| 2023 | 8.15M | -15.55M | -190.78% |
ICCT Income Statement (2012 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.15M | 7.98M | 4.95M | 2.12M | 1.01M | 1.08M | 653K | 366.44K | 105.69K | 595.50K |
Cost of revenue | 2.02M | 2.24M | 1.58M | 1.00M | 305K | 449K | 296K | 211.75K | 17.78K | 5.29K |
Gross profit | 6.12M | 5.74M | 3.37M | 1.11M | 709K | 640K | 357K | 154.68K | 87.90K | 590.21K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 628K | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 614.06K | 525.53K | 350.31K | 70K | 34K | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 16.39M | 10.54M | 6.66M | 4.35M | 4.08M | 3.85M | 2.58M | 3.47M | 7.39M | 3.84M |
Operating income | -10.27M | -4.80M | -3.28M | -3.23M | -3.38M | -3.21M | -2.22M | -3.31M | -9.02M | -4.10M |
Other income (expenses), net | -5.27M | -1.27M | -1.67M | -252.91K | 397K | -1.97M | -2.26M | 5.27M | 1.39M | -483.85K |
Income before tax | -15.55M | -6.07M | -4.96M | -3.49M | -2.98M | -5.19M | -4.49M | 1.95M | -7.24M | -4.58M |
Income tax expense | 0 | 1.27M | 838.42K | 188.93K | 172K | 1.97M | 2.26M | -6.49M | -1.39M | 0 |
Net income | -15.55M | -7.35M | -5.80M | -3.68M | -3.15M | -7.16M | -4.49M | 1.95M | -7.24M | -4.58M |
Earnings per share | ||||||||||
Basic EPS | -2.17 | -1.28 | -1.18 | -1.44 | -1.61 | -4.79 | -5.63 | 3.3 | -18.15 | -17.82 |
Diluted EPS | -2.17 | -1.28 | -1.18 | -1.44 | -1.61 | -4.79 | -5.63 | 1.69 | -18.15 | -17.82 |
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