TRxADE HEALTH
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. TRxADE HEALTH's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 28% to $8,272,214. Profit margin reached -216%. Total operating expenses were $9,861,663.
Profit Margin
| 2014 | 1.49M | -2.01M | -134.47% |
|---|---|---|---|
| 2015 | 4.99M | -1.11M | -22.38% |
| 2016 | 2.48M | -2.76M | -111.21% |
| 2017 | 2.93M | 288.98K | 9.86% |
| 2018 | 3.83M | 9.03K | 0.24% |
| 2019 | 7.43M | -409.73K | -5.51% |
| 2020 | 17.12M | -2.56M | -14.98% |
| 2021 | 9.88M | -4.11M | -41.59% |
| 2022 | 11.44M | -4.31M | -37.65% |
| 2023 | 8.27M | -17.84M | -215.7% |
MEDS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.27M | 11.44M | 9.88M | 17.12M | 7.43M | 3.83M | 2.93M | 2.48M | 4.99M | 1.49M |
Cost of revenue | 5.67M | 5.99M | 5.14M | 11.41M | 2.56M | 449.04K | 0 | 16.36K | 1.92M | 440.04K |
Gross profit | 2.59M | 5.45M | 4.74M | 5.70M | 4.87M | 3.38M | 2.93M | 2.46M | 3.06M | 1.05M |
Operating exp. | ||||||||||
Research and development | 1.37M | 1.16M | 1.36M | 662.72K | 647.14K | 949.94K | 375.17K | 0 | 319.44K | 319.44K |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 147.63K | 355.11K | 374.61K |
Total operating expenses | 9.86M | 8.20M | 8.81M | 7.48M | 4.37M | 3.30M | 2.26M | 3.44M | 4.05M | 2.48M |
Operating income | -7.26M | -2.75M | -5.29M | -1.78M | 565.81K | -87.61K | 395.09K | -984.02K | -987.04K | -1.43M |
Other income (expenses), net | -6.45M | -1.15M | -23.59K | -29.38K | -850.24K | -15.63K | -106.11K | -37.57K | -119.51K | -580.57K |
Income before tax | -13.72M | -3.90M | -5.31M | -2.53M | -284.42K | 9.03K | 288.98K | -1.17M | -1.11M | -2.01M |
Income tax expense | 5.33M | 400.33K | -1.20M | 29.38K | 125.30K | -154.19K | -50.94K | 1.62M | 130.13K | 576.41K |
Net income | -17.84M | -4.31M | -4.11M | -2.56M | -409.73K | 9.03K | 288.98K | -2.76M | -1.11M | -2.01M |
Earnings per share | ||||||||||
Basic EPS | -23.35 | -7.63 | -7.58 | -4.99 | -1.04 | 0.02 | 0.81 | -3.35 | -3.2 | -6.3 |
Diluted EPS | -7.49 | -7.63 | -7.58 | -4.99 | -1.04 | 0.02 | 0.81 | -3.6 | -3.2 | -6.07 |
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