Nova LifeStyle
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. Nova LifeStyle's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 13% to $11,087,459. The net income raised on -$7,723,257 and profit margin reached -70%. Total operating expenses were $10,592,105.
Profit Margin
| 2014 | 98.71M | 8.55M | 8.67% |
|---|---|---|---|
| 2015 | 108.82M | 2.20M | 2.02% |
| 2016 | 92.64M | -1.11M | -1.21% |
| 2017 | 106.49M | 3.76M | 3.54% |
| 2018 | 88.64M | 5.29M | 5.98% |
| 2019 | 21.98M | -6.13M | -27.92% |
| 2020 | 11.35M | -25.75M | -226.88% |
| 2021 | 12.81M | -19.96M | -155.8% |
| 2022 | 12.74M | -17.07M | -133.98% |
| 2023 | 11.08M | -7.72M | -69.66% |
NVFY Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 11.08M | 12.74M | 12.81M | 11.35M | 21.98M | 88.64M | 106.49M | 92.64M | 108.82M | 98.71M |
Cost of revenue | 6.91M | 20.52M | 23.13M | 31.24M | 20.69M | 72.69M | 86.07M | 79.12M | 90.43M | 79.31M |
Gross profit | 4.17M | -7.78M | -10.31M | -19.89M | 1.29M | 15.95M | 20.42M | 13.52M | 18.38M | 19.39M |
Operating exp. | ||||||||||
Research and development | 3.11M | 10.91K | 110.28K | 33.74K | 132.84K | 0 | 373.93K | 0 | 139.86K | 1.24M |
Selling and marketing | 2.41M | 2.88M | 3.75M | 1.74M | 1.58M | 3.98M | 4.13M | 5.32M | 6.16M | 5.47M |
Total operating expenses | 10.59M | 8.44M | 9.47M | 6.41M | 7.08M | 11.00M | 13.61M | 14.28M | 14.83M | 13.30M |
Operating income | -6.41M | -16.22M | -19.79M | -26.30M | -5.79M | 4.94M | 6.80M | -766.09K | 3.54M | 5.25M |
Other income (expenses), net | -573.61K | -851.16K | -2.97K | -96.18K | -89.28K | 331 | -279.44K | 40.33K | -1.06M | 4.28M |
Income before tax | -6.99M | -17.07M | -19.79M | -26.40M | -5.88M | 4.63M | 6.52M | -1.12M | 2.75M | 9.53M |
Income tax expense | 731.09K | 2.4K | 163.89K | -649.16K | 251.04K | -659.91K | 2.75M | -836.62K | 551.58K | 980.73K |
Net income | -7.72M | -17.07M | -19.96M | -25.75M | -6.13M | 5.29M | 3.76M | -1.11M | 2.20M | 8.55M |
Earnings per share | ||||||||||
Basic EPS | -4.96 | -12.32 | -16.37 | -22.43 | -5.42 | 4.67 | 3.5 | -1.1 | 2.5 | 10.5 |
Diluted EPS | -4.96 | -12.32 | -16.37 | -22.43 | -5.42 | 4.63 | 3.5 | -1.1 | 2.5 | 10.5 |
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