Inflection Point Acquisition Corp.
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. Inflection Point Acquisition Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $79,521,000. The net income raised on $62,804,000 and profit margin reached 79%. Total operating expenses were $35,286,000.

Profit Margin

Inflection Point Acquisition Corp. (NASDAQ:IPAX): Profit margin
2020 44.25M -4.32M -9.78%
2021 72.55M -35.64M -49.14%
2022 85.94M -6.40M -7.45%
2023 79.52M 62.80M 78.98%

IPAX Income Statement (2020 – 2023)

2023 2022 2021 2020
Revenue
Revenue
79.52M85.94M72.55M44.25M
Cost of revenue
100.47M75.51M100.30M42.55M
Gross profit
-20.95M10.43M-27.75M1.7M
Operating exp.
Research and development
0000
Selling and marketing
0000
Total operating expenses
35.28M15.94M10.13M6.09M
Operating income
-56.23M-5.50M-37.88M-4.39M
Other income (expenses), net
71.29M-921K2.24M73K
Income before tax
15.06M-6.42M-35.64M-4.32M
Income tax expense
40K-23K2K8K
Net income
62.80M-6.40M-35.64M-4.32M
Earnings per share
Basic EPS
3.43-0.05-0.29-0.24
Diluted EPS
2.37-0.05-0.29-0.24