MGO Global Inc. Common Stock
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. MGO Global Inc. Common Stock's past years’ income statements indicate that its last revenue has increased compared to the previous period by 411% to $5,359,875. Profit margin reached -133%. Total operating expenses were $9,460,084.

Profit Margin

MGO Global Inc. Common Stock (NASDAQ:MGOL): Profit margin
2020 694.58K -957.07K -137.79%
2021 880.34K -1.01M -114.76%
2022 1.04M -2.58M -246.67%
2023 5.35M -7.14M -133.28%

MGOL Income Statement (2020 – 2023)

2023 2022 2021 2020
Revenue
Revenue
5.35M1.04M880.34K694.58K
Cost of revenue
3.28M337.63K392.40K382.82K
Gross profit
2.07M710.38K487.93K311.76K
Operating exp.
Research and development
0000
Selling and marketing
4.12M479.38K29.74K32.91K
Total operating expenses
9.46M3.20M1.40M1.19M
Operating income
-7.38M-2.63M-919.25K-1.37M
Other income (expenses), net
12.39K-238.39K-66.63K-44.61K
Income before tax
-7.37M-2.87M-985.89K-1.42M
Income tax expense
0-292.25K24.41K-466.71K
Net income
-7.14M-2.58M-1.01M-957.07K
Earnings per share
Basic EPS
-5.06-0.18-0.07-1.09
Diluted EPS
-5.06-0.18-0.07-1.09
Data sourceData source