Oriental Culture Holding LTD
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. Oriental Culture Holding LTD's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 91% to $1,580,058. The net income dropped to -$3,598,480 and profit margin reached -228%. Total operating expenses were $5,509,838.

Profit Margin

Oriental Culture Holding LTD (NASDAQ:OCG): Profit margin
2018 5.35M 2.62M 49.02%
2019 13.44M 9.08M 67.57%
2020 17.43M 2.04M 11.74%
2021 37.59M 11.44M 30.44%
2022 17.81M 3.23M 18.16%
2023 1.58M -3.59M -227.74%

OCG Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
1.58M17.81M37.59M17.43M13.44M5.35M
Cost of revenue
405.62K996.45K2.42M2.64M1.32M500.37K
Gross profit
1.17M16.81M35.17M14.79M12.11M4.85M
Operating exp.
Research and development
000000
Selling and marketing
618.11K7.71M15.95M6.00M675.23K1.62M
Total operating expenses
5.50M14.22M24.28M13.15M3.14M2.22M
Operating income
-4.33M2.58M10.88M1.64M8.97M2.66M
Other income (expenses), net
751.76K651.14K558.80K402.01K108.77K-43.01K
Income before tax
-3.58M3.24M11.44M2.04M9.08M2.62M
Income tax expense
14.83K4.81K-3-4-104.55K0
Net income
-3.59M3.23M11.44M2.04M9.08M2.62M
Earnings per share
Basic EPS
-0.840.150.540.10.450.75
Diluted EPS
-0.840.150.540.10.450.75
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