Resonate Blends
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. Resonate Blends's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 67% to $16,468. The net income dropped to -$1,415,979 and profit margin reached -8598%. Total operating expenses were $301,551.
Profit Margin
| 2014 | 342.25K | -456.45K | -133.37% |
|---|---|---|---|
| 2015 | 317.46K | -3.55M | -1119.64% |
| 2016 | 458.27K | -3.26M | -711.82% |
| 2017 | 943.73K | -7.64M | -810.52% |
| 2018 | 1.06M | 21.00K | 1.97% |
| 2019 | 1.05M | -3.88M | -369.53% |
| 2020 | 0 | -2.05M | |
| 2021 | 27.03K | -5.01M | -18569.87% |
| 2022 | 49.50K | 2.86M | 5794.58% |
| 2023 | 16.46K | -1.41M | -8598.37% |
KOAN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 16.46K | 49.50K | 27.03K | 0 | 1.05M | 1.06M | 943.73K | 458.27K | 317.46K | 342.25K |
Cost of revenue | 114.14K | 33.06K | 19.14K | 0 | 392.67K | 314.63K | 317.33K | 103.08K | 116.33K | 153.75K |
Gross profit | -97.67K | 16.43K | 7.88K | 0 | 657.48K | 751.77K | 626.40K | 355.18K | 201.12K | 188.49K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 23.77K | 378.70K | 611.91K | 7.35K | 143.01K | 77.92K | 41.23K | 0 | 0 | 12.07K |
Total operating expenses | 301.55K | 1.40M | 2.53M | 1.81M | 3.97M | 973.40K | 7.17M | 1.17M | 3.20M | 426.76K |
Operating income | -399.22K | -1.38M | -2.53M | -1.81M | -3.32M | -306.72K | -6.54M | -815.62K | -3.00M | -238.26K |
Other income (expenses), net | -1.01M | 2.04M | -2.34M | -143.11K | -347.30K | 287.96K | -1.10M | -1.69M | -547.06K | -218.19K |
Income before tax | -1.41M | 653.62K | -4.87M | -1.95M | -3.66M | 21.00K | -7.64M | -3.26M | -3.55M | -456.45K |
Income tax expense | 0 | -2.21M | 146.56K | 95.21K | 210.91K | 373.05K | 283.81K | 772.43K | 58.72K | 134.22K |
Net income | -1.41M | 2.86M | -5.01M | -2.05M | -3.88M | 21.00K | -7.64M | -3.26M | -3.55M | -456.45K |
Earnings per share | ||||||||||
Basic EPS | -0.01 | 0.03 | -0.16 | -0.08 | -0.35 | 0.00 | -3.83 | -24.71 | -43.21 | -6.63 |
Diluted EPS | -0.01 | 0.03 | -0.16 | -0.08 | -0.35 | 0.00 | -3.83 | -24.71 | -43.21 | -6.63 |
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