PowerBand Solutions
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. PowerBand Solutions's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 78% to $2,867,351. The net income raised on -$20,758,081 and profit margin reached -724%. Total operating expenses were $17,469,582.
Profit Margin
| 2014 | 0 | -49.66K | |
|---|---|---|---|
| 2015 | 129.19K | -64.69K | -50.07% |
| 2016 | 112.81K | -51.25K | -45.43% |
| 2017 | 171.32K | -2.29M | -1340.8% |
| 2018 | 281.99K | -6.57M | -2331.7% |
| 2019 | 1.99M | -8.05M | -402.76% |
| 2020 | 3.02M | -12.84M | -424.11% |
| 2021 | 23.93M | -15.78M | -65.95% |
| 2022 | 12.76M | -40.48M | -317.22% |
| 2023 | 2.86M | -20.75M | -723.95% |
PBX.V Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.86M | 12.76M | 23.93M | 3.02M | 1.99M | 281.99K | 171.32K | 112.81K | 129.19K | 0 |
Cost of revenue | 7.47M | 6.11M | 12.29M | 1.76M | 1.91M | 0 | 762.62K | 271.64K | 985.78K | 0 |
Gross profit | -4.61M | 6.64M | 11.64M | 1.26M | 86.45K | 281.99K | -591.30K | -158.83K | -856.58K | 0 |
Operating exp. | ||||||||||
Research and development | 0 | 1.70M | 0 | 1.30M | 1.83M | 0 | 260.14K | 121.46K | 982.14K | 0 |
Selling and marketing | 222.92K | 1.80M | 2.18M | 281.34K | 433.61K | 1.18M | 41.94K | 30.17K | 339 | 0 |
Total operating expenses | 17.46M | 23.49M | 23.33M | 13.61M | 7.00M | 6.04M | 2.46M | 51.25K | 64.69K | 49.66K |
Operating income | -22.08M | -16.84M | -11.69M | -12.34M | -6.98M | -5.78M | -2.29M | -51.25K | -64.69K | -49.66K |
Other income (expenses), net | -11.10M | -13.80M | -4.49M | -818.53K | -1.35M | -538.31K | -229.58K | -4 | 978.42K | 0 |
Income before tax | -21.77M | -30.65M | -16.19M | -13.16M | -8.34M | -6.57M | -2.49M | -51.25K | -64.69K | -49.66K |
Income tax expense | -1.01M | 9.82M | -404.67K | -325.42K | -291.41K | 518.29K | -202.64K | -231.92K | -1.33M | 0 |
Net income | -20.75M | -40.48M | -15.78M | -12.84M | -8.05M | -6.57M | -2.29M | -51.25K | -64.69K | -49.66K |
Earnings per share | ||||||||||
Basic EPS | -0.06 | -0.16 | -0.09 | -0.11 | -0.1 | -0.13 | -0.11 | -0.04 | -0.04 | -0.03 |
Diluted EPS | -0.06 | -0.16 | -0.09 | -0.11 | -0.1 | -0.13 | -0.11 | -0.04 | -0.04 | -0.03 |