Paltalk
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. Paltalk's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 0% to $10,979,844. The net income raised on -$1,067,335 and profit margin reached -10%. Total operating expenses were $9,811,844.
Profit Margin
| 2014 | 13.55M | -1.65M | -12.23% |
|---|---|---|---|
| 2015 | 12.02M | -1.29M | -10.8% |
| 2016 | 20.98M | -1.45M | -6.92% |
| 2017 | 24.84M | -5.89M | -23.73% |
| 2018 | 26.35M | -3.79M | -14.41% |
| 2019 | 15.28M | -8.94M | -58.51% |
| 2020 | 12.83M | 1.37M | 10.69% |
| 2021 | 13.27M | 1.32M | 9.98% |
| 2022 | 10.98M | -3.41M | -31.05% |
| 2023 | 10.97M | -1.06M | -9.72% |
PALT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 10.97M | 10.98M | 13.27M | 12.83M | 15.28M | 26.35M | 24.84M | 20.98M | 12.02M | 13.55M |
Cost of revenue | 3.23M | 2.82M | 2.72M | 2.57M | 3.17M | 4.88M | 4.86M | 5.01M | 1.70M | 2.83M |
Gross profit | 7.74M | 8.16M | 10.55M | 10.25M | 12.10M | 21.47M | 19.97M | 15.97M | 10.31M | 10.72M |
Operating exp. | ||||||||||
Research and development | 4.86M | 5.93M | 5.39M | 5.02M | 6.56M | 8.04M | 8.91M | 8.60M | 2.10M | 8.23M |
Selling and marketing | 878.65K | 1.57M | 1.17M | 825.06K | 1.05M | 5.79M | 7.84M | 5.09M | 5.41M | 5.24M |
Total operating expenses | 9.81M | 11.81M | 9.26M | 9.01M | 13.96M | 22.81M | 25.64M | 17.71M | 11.71M | 12.46M |
Operating income | -2.07M | -3.65M | 1.23M | 992.69K | 5.53M | -1.34M | -5.66M | -1.74M | -1.39M | -1.74M |
Other income (expenses), net | 982.65K | 67.63K | 98.53K | 128.95K | -14.61M | -2.53M | -5.21K | 351.10K | 101.68K | 86.22K |
Income before tax | -1.08M | -3.58M | 1.33M | 1.37M | -9.08M | -3.79M | -5.66M | -1.45M | -1.29M | -1.65M |
Income tax expense | -20.25K | -171.66K | 9.95K | 387 | -141.59K | 3.00K | 228.97K | 60.03K | -101.68K | -86.22K |
Net income | -1.06M | -3.41M | 1.32M | 1.37M | -8.94M | -3.79M | -5.89M | -1.45M | -1.29M | -1.65M |
Earnings per share | ||||||||||
Basic EPS | -0.12 | -0.35 | 0.17 | 0.2 | -1.3 | -0.57 | -0.91 | -0.26 | -1.15 | -1.48 |
Diluted EPS | -0.12 | -0.35 | 0.17 | 0.2 | -1.3 | -0.56 | -0.91 | -0.26 | -1.15 | -1.48 |
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