Kaival Brands Innovations Group
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. Kaival Brands Innovations Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $13,087,018. The net income raised on -$11,132,772 and profit margin reached -85%. Total operating expenses were $13,238,496.

Profit Margin

Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL): Profit margin
2019 0 -68.84K
2020 64.31M 3.84M 5.98%
2021 58.77M -9.03M -15.37%
2022 12.76M -14.37M -112.61%
2023 13.08M -11.13M -85.07%

KAVL Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
13.08M12.76M58.77M64.31M0
Cost of revenue
10.51M11.52M46.84M54.25M0
Gross profit
2.57M1.24M11.93M10.05M0
Operating exp.
Research and development
00000
Selling and marketing
2.45M2.67M3.19M2.34M0
Total operating expenses
13.23M15.62M22.40M4.69M68.84K
Operating income
-10.66M-14.38M-10.46M5.35M-68.84K
Other income (expenses), net
-466.52K123951.04K1
Income before tax
-11.13M-14.38M-10.46M5.36M-68.84K
Income tax expense
2.34K-18.31K-1.43M1.51M-68.84K
Net income
-11.13M-14.37M-9.03M3.84M-68.84K
Earnings per share
Basic EPS
-4.13-7.6-7.91.88-0.03
Diluted EPS
-4.13-7.6-7.91.88-0.03
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