Next Hydrogen Solutions
Income Statement

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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. Next Hydrogen Solutions's past years’ income statements indicate that its last revenue has increased compared to the previous period by 32% to $951,908. The net income raised on -$12,013,889 and profit margin reached -1262%. Total operating expenses were $12,204,628.

Profit Margin

Next Hydrogen Solutions Inc. (TSX:NXH.V): Profit margin
2021 1.77K 423.31K 23848.45%
2021 177.58K -25.00M -14081.75%
2022 721.58K -14.27M -1978.74%
2023 951.90K -12.01M -1262.09%

NXH.V Income Statement (2020 – 2023)

2023 2022 2021 2020
Revenue
Revenue
951.90K721.58K177.58K1.77K
Cost of revenue
1.24M1.43M82.23K0
Gross profit
-288.79K-712.06K95.35K1.77K
Operating exp.
Research and development
7.06M7.70M6.17M1.91M
Selling and marketing
466.37K969.60K1.41M139.83K
Total operating expenses
12.20M13.87M16.84M188.84K
Operating income
-12.49M-14.03M-16.66M-762.98K
Other income (expenses), net
479.53K-247.92K-7.98M1.15M
Income before tax
-12.01M-14.27M-25.00M387.59K
Income tax expense
00358.63K-35.71K
Net income
-12.01M-14.27M-25.00M423.31K
Earnings per share
Basic EPS
-0.52-0.62-1.280.02
Diluted EPS
-0.52-0.62-1.280.02