Kisses From Italy
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. Kisses From Italy's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 42% to $225,953. Profit margin reached -2156%. Total operating expenses were $3,669,458.

Profit Margin

Kisses From Italy Inc. (OTC:KITL): Profit margin
2017 740.41K -650.93K -87.91%
2018 444.42K -445.44K -100.23%
2019 461.29K -3.42M -741.85%
2020 514.03K -4.20M -818.42%
2021 400.66K -5.74M -1432.88%
2022 391.44K -847.38K -216.48%
2023 225.95K -4.87M -2156%

KITL Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
225.95K391.44K400.66K514.03K461.29K444.42K740.41K
Cost of revenue
118.00K213.10K203.12K114.10K214.35K209.56K300.95K
Gross profit
107.94K178.34K197.54K399.93K246.94K234.85K439.45K
Operating exp.
Research and development
0000000
Selling and marketing
3.05M000000
Total operating expenses
3.66M676.57K4.33M3.64M3.01M591.58K1.05M
Operating income
-3.56M-498.23K-4.13M-3.24M-2.76M-356.73K-615.08K
Other income (expenses), net
-1.31M-362.46K-798.87K-497.61K-339.26K-114.28K-48.33K
Income before tax
-4.87M-860.70K-4.93M-3.73M-3.10M-471.02K-663.41K
Income tax expense
0-13.32K802.26K468.49K318.17K-228.57K-12.48K
Net income
-4.87M-847.38K-5.74M-4.20M-3.42M-445.44K-650.93K
Earnings per share
Basic EPS
-0.01-0.00-0.03-0.02-0.03-0.00-0.00
Diluted EPS
-0.01-0.00-0.03-0.02-0.03-0.00-0.00
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