Legato Merger Corp. II
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. Legato Merger Corp. II's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 9% to $1,161,431,000. The net income raised on $60,542,000 and profit margin reached 5%. Total operating expenses were $58,231,000.

Profit Margin

Legato Merger Corp. II (NASDAQ:LGTOW): Profit margin
2019 1.04B 30.44M 2.91%
2021 1.27B 38.72M 3.03%
2022 1.16B 60.54M 5.21%

LGTOW Income Statement (2019 – 2022)

2022 2021 2019
Revenue
Revenue
1.16B1.27B1.04B
Cost of revenue
1.02B1.16B967.17M
Gross profit
140.93M114.18M80.50M
Operating exp.
Research and development
000
Selling and marketing
56.94M00
Total operating expenses
58.23M58.13M45.18M
Operating income
82.70M56.05M35.32M
Other income (expenses), net
2.12M3.67M6.50M
Income before tax
75.94M52.47M32.70M
Income tax expense
13.29M10.94M2.27M
Net income
60.54M38.72M30.44M
Earnings per share
Basic EPS
0.05-0.000.69
Diluted EPS
0.05-0.000.69