IMAC Holdings
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. IMAC Holdings's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 68% to $5,197,000. The net income raised on -$9,418,585 and profit margin reached -181%. Total operating expenses were $5,027,126.
Profit Margin
| 2016 | 15K | -380.79K | -2538.65% |
|---|---|---|---|
| 2017 | 786.02K | -57.18K | -7.27% |
| 2018 | 6.70M | -3.05M | -45.57% |
| 2019 | 15.12M | -7.37M | -48.78% |
| 2020 | 12.83M | -5.56M | -43.37% |
| 2021 | 14.38M | -11.10M | -77.18% |
| 2022 | 16.18M | -26.74M | -165.24% |
| 2023 | 5.19M | -9.41M | -181.23% |
IMAC Income Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 5.19M | 16.18M | 14.38M | 12.83M | 15.12M | 6.70M | 786.02K | 15K |
Cost of revenue | 1.34M | 1.50M | 1.62M | 1.62M | 2.54M | 933.90K | 63.21K | 4.26K |
Gross profit | 3.84M | 14.67M | 12.75M | 11.21M | 12.58M | 5.76M | 722.80K | 10.73K |
Operating exp. | ||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 7.73K | 1.10M | 1.32M | 933.33K | 1.23M | 859.19K | 119.86K | 25K |
Total operating expenses | 5.02M | 24.52M | 22.70M | 17.68M | 18.77M | 9.31M | 1.63M | 229.78K |
Operating income | -6.37M | -9.84M | -9.94M | -6.47M | -6.18M | -3.55M | -915.06K | -219.04K |
Other income (expenses), net | -99.85K | -8.46M | -593.35K | 993.85K | -765.95K | -87.19K | -1.46K | -178.39K |
Income before tax | -6.47M | -18.31M | -10.54M | -5.54M | -6.95M | -3.78M | -916.53K | -397.44K |
Income tax expense | 0 | 8.43M | 561.43K | 24.36K | 427.20K | -79.65K | -818.59K | -16.64K |
Net income | -9.41M | -26.74M | -11.10M | -5.56M | -7.37M | -3.05M | -57.18K | -380.79K |
Earnings per share | ||||||||
Basic EPS | -5.06 | -28.38 | -14.77 | -15.11 | -28.55 | -12.65 | -0.38 | -2.56 |
Diluted EPS | -7.36 | -28.38 | -14.77 | -15.11 | -28.55 | -12.65 | -0.38 | -2.56 |
| Data source | Data source |