Innovative Designs
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. Innovative Designs's past years’ income statements indicate that its last revenue has increased compared to the previous period by 34% to $347,763. Profit margin reached -87%. Total operating expenses were $464,065.
Profit Margin
| 2014 | 771.18K | -434.07K | -56.29% |
|---|---|---|---|
| 2015 | 772.9K | -511.6K | -66.19% |
| 2016 | 602.06K | -632.42K | -105.04% |
| 2017 | 367.95K | -633.05K | -172.05% |
| 2018 | 249.68K | -554.62K | -222.13% |
| 2019 | 215.97K | -845.63K | -391.54% |
| 2020 | 202.25K | -292.99K | -144.86% |
| 2021 | 225.60K | -405.49K | -179.74% |
| 2022 | 258.73K | 103.43K | 39.98% |
| 2023 | 347.76K | -301.37K | -86.66% |
IVDN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 347.76K | 258.73K | 225.60K | 202.25K | 215.97K | 249.68K | 367.95K | 602.06K | 772.9K | 771.18K |
Cost of revenue | 167.78K | 146.91K | 96.72K | 131.28K | 126.64K | 160.53K | 216.25K | 303.54K | 371.71K | 433.86K |
Gross profit | 179.97K | 111.82K | 128.87K | 70.97K | 89.33K | 89.14K | 151.70K | 298.51K | 401.18K | 337.32K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 464.06K | 666.23K | 411.71K | 341.13K | 898.44K | 648.36K | 755.83K | 865.31K | 816.23K | 646.93K |
Operating income | -284.09K | -554.41K | -282.84K | -270.15K | -809.11K | -559.21K | -604.13K | -566.79K | -415.05K | -309.60K |
Other income (expenses), net | -17.28K | 328.92K | -39.88K | -10.58K | -32.86K | 27.25K | -28.92K | -2.49K | -96.55K | -124.46K |
Income before tax | -301.37K | -225.48K | -322.73K | -280.74K | -841.97K | -554.62K | -633.05K | -632.42K | -511.6K | -434.07K |
Income tax expense | 0 | -328.92K | 82.76K | 12.25K | 3.65K | 49.91K | 19.23K | 2.49K | 2.97K | 124.46K |
Net income | -301.37K | 103.43K | -405.49K | -292.99K | -845.63K | -554.62K | -633.05K | -632.42K | -511.6K | -434.07K |
Earnings per share | ||||||||||
Basic EPS | -0.00 | 0.00 | -0.01 | -0.00 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 |
Diluted EPS | -0.00 | 0.00 | -0.01 | -0.00 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 |
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