MDwerks
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. MDwerks's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 96% to $104,066. Profit margin reached -280%. Total operating expenses were $528,114.

Profit Margin

MDwerks, Inc. (OTC:MDWK): Profit margin
2019 0 -21.94K
2020 0 -27.37K
2021 2.82M 37.97K 1.34%
2022 2.60M -136.72K -5.25%
2023 104.06K -291.67K -280.28%

MDWK Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
104.06K2.60M2.82M00
Cost of revenue
28.55K1.48M1.34M00
Gross profit
75.51K1.11M1.48M00
Operating exp.
Research and development
00000
Selling and marketing
-42.07K0000
Total operating expenses
528.11K136.72K20.79K13.72K21.94K
Operating income
-452.59K-136.72K-20.79K-13.72K-21.94K
Other income (expenses), net
160.92K-358.77K-6.82K-1
Income before tax
-291.67K-136.72K37.97K-20.55K-21.94K
Income tax expense
0-108.44K6.82K6.82K0
Net income
-291.67K-136.72K37.97K-27.37K-21.94K
Earnings per share
Basic EPS
-0.00-0.000.00-0.00-0.00
Diluted EPS
-0.00-0.000.00-0.00-0.00
Data sourceData sourceData source