Payfare
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. Payfare's past years’ income statements indicate that its last revenue has increased compared to the previous period by 43% to $186,044,054. The net income raised on $13,124,045 and profit margin reached 7%. Total operating expenses were $14,301,976.

Profit Margin

Payfare Inc. (TSX:PAY.TO): Profit margin
2016 23.92K -4.63M -19377.58%
2017 1.16M -11.39M -982.1%
2018 3.58M -13.40M -373.6%
2019 6.30M -32.24M -511.01%
2020 13.44M -28.39M -211.16%
2021 43.77M -22.01M -50.29%
2022 129.92M -2.93M -2.26%
2023 186.04M 13.12M 7.05%

PAY.TO Income Statement (2016 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue
186.04M129.92M43.77M13.44M6.30M3.58M1.16M23.92K
Cost of revenue
160.02M114.78M42.44M13.90M7.09M3.62M1.03M49.16K
Gross profit
26.01M15.14M1.32M-456.33K-789.25K-41.70K125.29K-25.23K
Operating exp.
Research and development
00000000
Selling and marketing
3.86M3.93M197.82K5.45K112.27K338.48K449.91K146.97K
Total operating expenses
14.30M18.81M19.68M15.61M14.77M12.09M11.20M4.20M
Operating income
11.71M-3.67M-18.35M-16.54M-15.33M-13.07M-11.08M-4.23M
Other income (expenses), net
1.54M801.57K-3.02M-9.77M-8.57M-690.40K-314.26K-365.04K
Income before tax
13.25M-2.87M-21.37M-26.32M-23.90M-13.40M-11.39M-4.63M
Income tax expense
134.09K62.76K637.98K2.07M8.33M224.82K00
Net income
13.12M-2.93M-22.01M-28.39M-32.24M-13.40M-11.39M-4.63M
Earnings per share
Basic EPS
0.28-0.06-0.51-0.15-0.17-0.32-0.28-0.11
Diluted EPS
0.27-0.06-0.51-0.15-0.17-0.32-0.28-0.11
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