Eightco Holdings
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. Eightco Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 137% to $75,297,484. Profit margin reached -91%. Total operating expenses were $18,469,633.

Profit Margin

Eightco Holdings Inc. (NASDAQ:OCTO): Profit margin
2019 5.83M -40.42K -0.69%
2020 6.71M -402.96K -6%
2021 7.87M -1.20M -15.33%
2022 31.82M -47.25M -148.51%
2023 75.29M -68.32M -90.73%

OCTO Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
75.29M31.82M7.87M6.71M5.83M
Cost of revenue
66.80M29.62M5.68M4.69M4.21M
Gross profit
8.49M2.19M2.19M2.02M1.62M
Operating exp.
Research and development
00000
Selling and marketing
00000
Total operating expenses
18.46M16.40M3.39M2.31M1.63M
Operating income
-9.97M-15.50M-1.20M-290.67K-122.10K
Other income (expenses), net
-58.34M-26.44M5.67K-112.29K28.02K
Income before tax
-68.32M-47.61M-1.20M-402.96K-94.08K
Income tax expense
0-172.99K210K67.39K53.66K
Net income
-68.32M-47.25M-1.20M-402.96K-40.42K
Earnings per share
Basic EPS
-118.15-150.95-6.03K-4.960
Diluted EPS
-118.15-150.95-6.03K-2.570