Northann Corp.
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. Northann Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 33% to $13,971,729. Profit margin reached -51%. Total operating expenses were $5,978,069.

Profit Margin

Northann Corp. (AMEX:NCL): Profit margin
2020 13.09M 444.09K 3.39%
2021 34.52M 322.68K 0.93%
2022 20.95M 929.05K 4.43%
2023 13.97M -7.13M -51.05%

NCL Income Statement (2020 – 2023)

2023 2022 2021 2020
Revenue
Revenue
13.97M20.95M34.52M13.09M
Cost of revenue
12.75M15.20M28.69M8.57M
Gross profit
1.21M5.75M5.83M4.52M
Operating exp.
Research and development
1.89M1.46M2.33M1.87M
Selling and marketing
1.15M684.06K857.29K719.87K
Total operating expenses
5.97M3.67M4.68M3.97M
Operating income
-4.76M2.07M1.14M549.38K
Other income (expenses), net
-2.35M-340.59K-259.68K-145.57K
Income before tax
-7.11M1.05M879.37K403.80K
Income tax expense
14.36K126.98K556.68K-40.29K
Net income
-7.13M929.05K322.68K444.09K
Earnings per share
Basic EPS
-0.330.040.010.01
Diluted EPS
-0.350.040.010.01
Data source