Longeveron
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. Longeveron's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 42% to $709,000. Profit margin reached -3020%. Total operating expenses were $21,250,000.

Profit Margin

Longeveron Inc. (NASDAQ:LGVN): Profit margin
2018 2.13M -6.33M -296.84%
2019 5.63M -2.99M -53.12%
2020 5.62M -3.79M -67.35%
2021 1.30M -17.16M -1314.24%
2022 1.22M -19.62M -1606.14%
2023 709K -21.41M -3020.17%

LGVN Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
709K1.22M1.30M5.62M5.63M2.13M
Cost of revenue
488K725K716K3.80M3.88M1.45M
Gross profit
221K497K590K1.82M1.75M680.64K
Operating exp.
Research and development
9.06M9.37M7.09M2.67M1.79M3.87M
Selling and marketing
783K1.05M220K199.00K185.38K48.16K
Total operating expenses
21.25M18.54M18.04M5.60M4.75M7.04M
Operating income
-21.02M-18.04M-17.45M-3.77M-2.99M-6.36M
Other income (expenses), net
-384K-792K411K57.46K38.22K23.82K
Income before tax
-21.41M-18.83M-17.04M-3.72M-2.95M-6.33M
Income tax expense
0792K119K70.41K35.63K23.82K
Net income
-21.41M-19.62M-17.16M-3.79M-2.99M-6.33M
Earnings per share
Basic EPS
-10.22-9.36-8.22-2.21-1.57-0.4
Diluted EPS
-10.22-9.36-8.22-2.21-1.57-0.4
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