Oxbridge Acquisition Corp.
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. Oxbridge Acquisition Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 44% to $12,214,556. Profit margin reached -103%. Total operating expenses were $12,331,912.

Profit Margin

Oxbridge Acquisition Corp. (NASDAQ:OXACW): Profit margin
2021 1.11M -15.76M -1417.49%
2022 21.86M -7.73M -35.39%
2023 12.21M -12.61M -103.29%

OXACW Income Statement (2021 – 2023)

2023 2022 2021
Revenue
Revenue
12.21M21.86M1.11M
Cost of revenue
12.39M19.80M1.38M
Gross profit
-178.53K2.05M-270.90K
Operating exp.
Research and development
160.85K137.27K117.39K
Selling and marketing
573.88K426.72K704.72K
Total operating expenses
12.33M9.79M15.70M
Operating income
-12.51M-7.73M-15.97M
Other income (expenses), net
-103.49K3207.36K
Income before tax
-12.61M-7.73M-15.76M
Income tax expense
2.46K2.4K0
Net income
-12.61M-7.73M-15.76M
Earnings per share
Basic EPS
-2-0.89-1.81
Diluted EPS
-2-0.89-1.81
Data source