Liberated Syndication
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. Liberated Syndication's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $24,201,629. Profit margin reached 12%. Total operating expenses were $17,029,211.

Profit Margin

Liberated Syndication Inc. (OTC:LSYN): Profit margin
2015 7.21M 2.98M 41.32%
2016 8.79M 2.78M 31.67%
2017 10.58M -3.18M -30.07%
2018 22.01M 4.37M 19.87%
2019 24.20M 2.83M 11.71%

LSYN Income Statement (2015 – 2019)

2019 2018 2017 2016 2015
Revenue
Revenue
24.20M22.01M10.58M8.79M7.21M
Cost of revenue
3.49M3.33M2.37M2.80M2.10M
Gross profit
20.71M18.67M8.20M5.98M5.10M
Operating exp.
Research and development
01.84M610.79K515.75K0
Selling and marketing
0000298.15K
Total operating expenses
17.02M14.59M11.38M3.19M2.12M
Operating income
3.68M4.07M-3.18M2.78M2.98M
Other income (expenses), net
-417.22K-291.82K330-395
Income before tax
3.26M3.78M-3.18M2.78M2.98M
Income tax expense
-789.81K-585.54K330-395
Net income
2.83M4.37M-3.18M2.78M2.98M
Earnings per share
Basic EPS
0.090.15-0.130.130.14
Diluted EPS
0.090.15-0.130.130.14
Data sourceData sourceData sourceData source