Jowell Global Ltd.
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. Jowell Global Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 24% to $160,009,293. The net income raised on -$11,467,142 and profit margin reached -7%. Total operating expenses were $14,161,700.

Profit Margin

Jowell Global Ltd. (NASDAQ:JWEL): Profit margin
2018 24.18M 1.47M 6.11%
2019 61.77M 1.27M 2.07%
2020 96.87M 3.58M 3.7%
2021 170.91M -6.38M -3.74%
2022 209.98M -11.53M -5.49%
2023 160.00M -11.46M -7.17%

JWEL Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
160.00M209.98M170.91M96.87M61.77M24.18M
Cost of revenue
156.73M203.73M159.25M86.40M56.08M20.18M
Gross profit
3.27M6.24M11.65M10.47M5.69M4.00M
Operating exp.
Research and development
000000
Selling and marketing
7.77M8.79M9.38M1.02M722.65K536.84K
Total operating expenses
14.16M18.28M18.64M5.36M3.98M2.01M
Operating income
-10.89M-12.04M-6.99M5.11M1.70M1.98M
Other income (expenses), net
-494.39K88.75K412.90K6.10K1.26K-249
Income before tax
-11.38M-11.95M-6.57M5.11M1.70M1.98M
Income tax expense
135.11K-420.16K-190.51K1.53M427.35K506.51K
Net income
-11.46M-11.53M-6.38M3.58M1.27M1.47M
Earnings per share
Basic EPS
-5.36-0.39-0.260.140.040.07
Diluted EPS
-5.36-0.39-0.260.140.040.07
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