Innovation1 Biotech
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. The net income raised on -$5,988,266 over the previous period. Total operating expenses were $1,367,386.

Profit Margin

Innovation1 Biotech Inc. (OTC:IVBT): Profit margin
2015 0 -14.52K
2016 0 -35.00K
2017 0 -35.85K
2018 16.77K -303.02K -1806.86%
2019 79.24K -147.37K -185.97%
2020 1.18K -3.05M -258778.92%
2021 3.08K 811.56K 26349.35%
2022 0 -40.87M
2023 0 -5.98M

IVBT Income Statement (2015 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
003.08K1.18K79.24K16.77K000
Cost of revenue
52.69K2.54M1.42K2.96K129.33K81.02K000
Gross profit
-52.69K-2.54M1.65K-1.78K-50.09K-64.25K000
Operating exp.
Research and development
15K201.16K0000000
Selling and marketing
10.26K4.91K6772.66K94.44K61.81K14.17K00
Total operating expenses
1.36M5.24M240.65K215.09K616.77K371.86K35.85K35.00K14.52K
Operating income
-1.36M-41.02M-238.99K-216.87K-667.98K-436.11K-35.85K-35.00K-14.52K
Other income (expenses), net
-4.62M-35.63M1.27M-2.36M497.92K-539.40K000
Income before tax
-5.98M-40.87M1.03M-2.58M-170.06K-975.52K-35.85K-35.00K-14.52K
Income tax expense
02.41M228.37K476.11K-22.69K-672.49K-161.70K00
Net income
-5.98M-40.87M811.56K-3.05M-147.37K-303.02K-35.85K-35.00K-14.52K
Earnings per share
Basic EPS
-0.7-2.684.31-10.18-0.34-0.75-0.2-0.2-0.08
Diluted EPS
-0.7-2.684.31-10.18-0.34-0.75-0.2-0.2-0.08
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