Lithium Royalty Corp.
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. Lithium Royalty Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 228% to $5,522,000. The net income dropped to -$5,039,000 and profit margin reached -91%. Total operating expenses were $9,120,000.

Profit Margin

Lithium Royalty Corp. (TSX:LIRC.TO): Profit margin
2019 1.76M -6.63M -375.03%
2020 1.12M 274.68K 24.45%
2021 1.80M 10.72M 594.58%
2022 1.68M 13.77M 818.33%
2023 5.52M -5.03M -91.25%

LIRC.TO Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
5.52M1.68M1.80M1.12M1.76M
Cost of revenue
935K961.32K1.03M750.35K1.24M
Gross profit
4.58M722.47K767.00K372.91K521.30K
Operating exp.
Research and development
00000
Selling and marketing
869K0000
Total operating expenses
9.12M2.66M1.01M773.08K762.24K
Operating income
-4.53M-1.33M4.26M-400.16K-6.65M
Other income (expenses), net
2.45M16.98M12.06M870.59K-6.34M
Income before tax
-2.08M15.24M11.81M470.43K-6.58M
Income tax expense
2.88M1.27M642.18K195.74K49.32K
Net income
-5.03M13.77M10.72M274.68K-6.63M
Earnings per share
Basic EPS
-0.090.310.390.00-0.12
Diluted EPS
-0.090.310.390.00-0.12
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