NIP Group
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. NIP Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1375% to $83,668,441. Profit margin reached -16%. Total operating expenses were $21,850,627.

Profit Margin

NIP Group Inc. (NASDAQ:NIPG): Profit margin
2020 5.67M -3.21M -56.61%
2023 83.66M -13.25M -15.85%

NIPG Income Statement (2020 – 2023)

2023 2020
Revenue
Revenue
83.66M5.67M
Cost of revenue
76.46M4.73M
Gross profit
7.19M942.63K
Operating exp.
Research and development
00
Selling and marketing
6.57M1.36M
Total operating expenses
21.85M3.82M
Operating income
-14.65M-2.87M
Other income (expenses), net
193.23K-202.42K
Income before tax
-14.45M-3.08M
Income tax expense
-1.20M130.20K
Net income
-13.25M-3.21M
Earnings per share
Basic EPS
-1.02-0.05
Diluted EPS
-1.02-0.05