Infinite Group
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. Infinite Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 3% to $7,003,404. Profit margin reached -68%. Total operating expenses were $5,080,560.

Profit Margin

Infinite Group, Inc. (OTC:IMCI): Profit margin
2013 8.71M 108.5K 1.25%
2014 8.56M -498K -5.81%
2015 7.94M -811.08K -10.21%
2016 7.41M -325K -4.38%
2017 6.38M -75K -1.17%
2018 6.37M 37K 0.58%
2019 7.09M -233.18K -3.29%
2020 7.21M -584.09K -8.09%
2021 7.22M -1.97M -27.28%
2022 7.00M -4.78M -68.31%

IMCI Income Statement (2013 – 2022)

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue
Revenue
7.00M7.22M7.21M7.09M6.37M6.38M7.41M7.94M8.56M8.71M
Cost of revenue
4.26M4.48M4.17M4.42M4.15M4.44M5.32M5.99M6.38M6.38M
Gross profit
2.74M2.73M3.04M2.67M2.21M1.94M2.08M1.95M2.18M2.32M
Operating exp.
Research and development
46.48K153.6K159.7K0000000
Selling and marketing
2.59M1.98M1.34M1.00M917.97K1.19M946.74K887.44K930.89K865.65K
Total operating expenses
5.08M4.14M3.04M2.34M2.00M2.34M2.16M2.40M2.23M1.88M
Operating income
-2.33M-1.40M969.08K329.13K209.69K-397.93K-74.82K-455.33K-51.67K440.62K
Other income (expenses), net
-1.22M-161.24K674.70K-281.16K83.25K322.93K-250.17K-355.74K-446.32K-23K
Income before tax
-3.56M-1.56M675.99K47.97K37K-75K-325K-811.08K-498K108.5K
Income tax expense
1.22M402.29K1.26M281.16K83.25K817.05K0246.74K278.32K309.12K
Net income
-4.78M-1.97M-584.09K-233.18K37K-75K-325K-811.08K-498K108.5K
Earnings per share
Basic EPS
-10.68-4.91-1.01-0.60.09-0.19-0.86-2.29-1.50.31
Diluted EPS
-10.68-4.91-1.01-0.590.09-0.19-0.86-2.29-1.440.18
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