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. 's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $1,144,600,000. The net income raised on -$63,700,000 and profit margin reached -6%. Total operating expenses were $584,500,000.

Profit Margin

(NYSE:ONIT): Profit margin
2017 1.20B -143.97M -11.95%
2020 951.06M -105.68M -11.11%
2023 1.14B -63.7M -5.57%

ONIT Income Statement (2017 – 2023)

2023 2020 2017
Revenue
Revenue
1.14B951.06M1.20B
Cost of revenue
560.1M96.38M224.71M
Gross profit
584.5M854.67M980.01M
Operating exp.
Research and development
000
Selling and marketing
229.2M00
Total operating expenses
584.5M368.4M-336.54M
Operating income
392.4M19.12M78.67M
Other income (expenses), net
-450.5M-105.7M-239.47M
Income before tax
-58.1M179.03M271.24M
Income tax expense
5.6M159.91M192.57M
Net income
-63.7M-105.68M-143.97M
Earnings per share
Basic EPS
-8.34-12.08-15.1
Diluted EPS
-8.34-12.08-15.15