Net Element
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. Net Element's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $65,705,122. The net income raised on -$5,976,488 and profit margin reached -9%. Total operating expenses were $70,198,202.
Profit Margin
| 2011 | 0 | -677.48K | |
|---|---|---|---|
| 2012 | 1.41M | -16.38M | -1160.36% |
| 2013 | 18.74M | -48.30M | -257.66% |
| 2014 | 21.19M | -10.18M | -48.06% |
| 2015 | 40.23M | -13.25M | -32.94% |
| 2016 | 54.28M | -13.48M | -24.84% |
| 2017 | 60.06M | -9.91M | -16.5% |
| 2018 | 65.78M | -4.93M | -7.5% |
| 2019 | 64.99M | -6.45M | -9.94% |
| 2020 | 65.70M | -5.97M | -9.1% |
NETE Income Statement (2011 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 65.70M | 64.99M | 65.78M | 60.06M | 54.28M | 40.23M | 21.19M | 18.74M | 1.41M | 0 |
Cost of revenue | 55.86M | 54.72M | 55.61M | 51.23M | 45.70M | 33.97M | 15.88M | 13.37M | 1.09M | 715.82K |
Gross profit | 9.84M | 10.27M | 10.16M | 8.82M | 8.57M | 6.25M | 5.31M | 5.37M | 314.65K | -715.82K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 70.19M | 14.51M | 12.35M | 17.42M | 15.72M | 16.77M | 12.55M | 38.04M | 16.74M | 25M |
Operating income | -4.49M | -4.23M | -2.18M | -8.59M | -7.14M | -10.52M | -7.24M | -32.67M | -16.43M | -715.82K |
Other income (expenses), net | -1.48M | -2.32M | -2.83M | -1.42M | -6.46M | -2.80M | -2.96M | -15.21M | -378.46K | 0 |
Income before tax | -5.97M | -6.56M | -5.02M | -10.02M | -13.61M | -13.32M | -10.21M | -47.88M | -16.81M | 0 |
Income tax expense | -36.76K | -1.21M | -1.98M | -236.00K | -5.00M | -2.80M | -2.96M | 213.28K | 119.72K | 0 |
Net income | -5.97M | -6.45M | -4.93M | -9.91M | -13.48M | -13.25M | -10.18M | -48.30M | -16.38M | -677.48K |
Earnings per share | ||||||||||
Basic EPS | -1 | -1.6 | -1.28 | -5.04 | -10.33 | -20.74 | -27.34 | -169.68 | -77 | -12 |
Diluted EPS | -1 | -1.6 | -1.28 | -5.04 | -10.33 | -20.74 | -27.34 | -169.68 | -77 | -12 |
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