Imperial Petroleum
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. Imperial Petroleum's past years’ income statements indicate that its last revenue has increased compared to the previous period by 89% to $183,725,820. The net income raised on $71,134,002 and profit margin reached 39%. Total operating expenses were $6,540,908.

Profit Margin

Imperial Petroleum Inc. (NASDAQ:IMPP): Profit margin
2019 13.32M -382.84K -2.87%
2020 20.30M -403.76K -1.99%
2021 17.36M -3.78M -21.8%
2022 97.01M 29.51M 30.42%
2023 183.72M 71.13M 38.72%

IMPP Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
183.72M97.01M17.36M20.30M13.32M
Cost of revenue
110.35M64.38M19.70M19.93M13.00M
Gross profit
73.37M32.63M-2.34M367.66K321.94K
Operating exp.
Research and development
00000
Selling and marketing
65.10K0000
Total operating expenses
6.54M2.81M1.14M723.07K696.92K
Operating income
66.01M29.81M-3.48M-355.30K-367.74K
Other income (expenses), net
5.11M-308.53K-154.93K-38.35K-7.43K
Income before tax
71.13M29.51M-3.63M-393.76K-375.18K
Income tax expense
0308.53K145.01K10.00K7.66K
Net income
71.13M29.51M-3.78M-403.76K-382.84K
Earnings per share
Basic EPS
3.222.89-11.89-1.27-1.2
Diluted EPS
2.622.88-11.89-1.27-1.2
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