Newtopia
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. Newtopia's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 12% to $9,783,546. The net income raised on -$6,600,347 and profit margin reached -67%. Total operating expenses were $7,867,685.

Profit Margin

Newtopia Inc. (TSX:NEWU.V): Profit margin
2017 1.50M -7.70M -512.21%
2018 3.07M -6.38M -207.84%
2019 6.10M -10.14M -165.99%
2020 11.41M -7.73M -67.73%
2021 10.45M -7.64M -73.16%
2022 11.16M -7.70M -68.96%
2023 9.78M -6.60M -67.46%

NEWU.V Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
9.78M11.16M10.45M11.41M6.10M3.07M1.50M
Cost of revenue
4.50M5.14M5.38M5.91M4.13M2.17M1.29M
Gross profit
5.27M6.02M5.07M5.50M1.97M898.97K205.50K
Operating exp.
Research and development
2.32M1.35M428.11K3.43M2.51M2.19M2.23M
Selling and marketing
1.38M2.72M3.15M3.52M1.70M1.35M2.30M
Total operating expenses
7.86M12.46M12.28M12.35M9.70M6.54M8.67M
Operating income
-2.59M-6.96M-7.45M-6.86M-7.74M-5.86M-8.47M
Other income (expenses), net
-4.01M-347.55K-6.10K-1.14M399.37K267.16K735.82K
Income before tax
-6.60M-7.70M-7.64M-7.73M-10.14M-6.38M-7.70M
Income tax expense
0392.24K187.50K376.86K2.79M793.36K-3
Net income
-6.60M-7.70M-7.64M-7.73M-10.14M-6.38M-7.70M
Earnings per share
Basic EPS
-0.04-0.06-0.07-0.12-0.16-0.07-0.12
Diluted EPS
-0.04-0.06-0.07-0.12-0.16-0.07-0.12