KWESST Micro Systems
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. KWESST Micro Systems's past years’ income statements indicate that its last revenue has increased compared to the previous period by 71% to $1,234,450. The net income raised on -$9,306,360 and profit margin reached -754%. Total operating expenses were $11,913,610.

Profit Margin

KWESST Micro Systems Inc. (NASDAQ:KWE): Profit margin
2018 0 -116
2020 861.91K -3.53M -410.34%
2021 1.27M -9.43M -739.26%
2022 721.51K -10.52M -1458.08%
2023 1.23M -9.30M -753.89%

KWE Income Statement (2017 – 2023)

2023 2022 2021 2020 2017
Revenue
Revenue
1.23M721.51K1.27M861.91K0
Cost of revenue
1.42M536.73K798.88K350.51K0
Gross profit
-191.37K184.78K476.91K511.40K0
Operating exp.
Research and development
1.64M2.06M2.13M803.49K0
Selling and marketing
3.02M3.29M3.48M00
Total operating expenses
11.91M10.27M9.67M2.44M0
Operating income
-12.10M-10.09M-9.19M-1.92M0
Other income (expenses), net
2.79M-478.38K-116.33K-1.60M-116
Income before tax
-9.30M-10.56M-9.31M-3.53M-116
Income tax expense
0-49.44K116.11K30
Net income
-9.30M-10.52M-9.43M-3.53M-116
Earnings per share
Basic EPS
-2.28-14.41-14.91-8.03-0.00
Diluted EPS
-2.28-14.41-14.91-8.03-0.00
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