iSpecimen
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. iSpecimen's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 5% to $9,928,184. Profit margin reached -112%. Total operating expenses were $16,277,265.

Profit Margin

iSpecimen Inc. (NASDAQ:ISPC): Profit margin
2018 4.39M -5.34M -121.67%
2019 4.29M -4.72M -109.97%
2020 8.18M -6.75M -82.58%
2021 11.13M -10.01M -89.95%
2022 10.40M -9.04M -86.91%
2023 9.92M -11.09M -111.8%

ISPC Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
9.92M10.40M11.13M8.18M4.29M4.39M
Cost of revenue
4.82M4.75M5.24M3.58M2.12M2.36M
Gross profit
5.10M5.64M5.88M4.59M2.17M2.03M
Operating exp.
Research and development
3.56M2.65M1.83M1.42M993.32K1.21M
Selling and marketing
3.95M3.44M2.42M1.77M1.41M1.31M
Total operating expenses
16.27M15.83M11.81M7.00M6.05M5.38M
Operating income
-11.16M-10.18M-5.92M-2.40M-3.88M-3.35M
Other income (expenses), net
69.86K-59.84K-3.03M-2.24M-1.00M-904.26K
Income before tax
-11.09M-10.24M-8.96M-4.65M-4.88M-5.47M
Income tax expense
0-1.20M1.05M2.10M-157K-127K
Net income
-11.09M-9.04M-10.01M-6.75M-4.72M-5.34M
Earnings per share
Basic EPS
-1.23-1.02-1.15-144.38-0.72-1.26
Diluted EPS
-24.55-1.02-1.15-144.38-0.72-1.26
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