Prestige Wealth
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. Prestige Wealth's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 83% to $348,528. The net income dropped to -$1,035,751 and profit margin reached -297%. Total operating expenses were $1,460,517.
Profit Margin
| 2020 | 2.56M | 1.73M | 67.6% |
|---|---|---|---|
| 2021 | 2.79M | 1.91M | 68.48% |
| 2022 | 2.08M | 1.35M | 64.96% |
| 2023 | 348.52K | -1.03M | -297.18% |
PWM Income Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Revenue | ||||
Revenue | 348.52K | 2.08M | 2.79M | 2.56M |
Cost of revenue | 0 | 0 | 41.91K | 0 |
Gross profit | 348.52K | 2.08M | 2.75M | 2.56M |
Operating exp. | ||||
Research and development | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 |
Total operating expenses | 1.46M | 690.40K | 1.09M | 690.08K |
Operating income | -1.11M | 1.39M | 1.65M | 1.87M |
Other income (expenses), net | 68.76K | 185.31K | 254.82K | 174.23K |
Income before tax | -1.04M | 1.58M | 1.90M | 2.04M |
Income tax expense | -7.47K | 225.65K | -4.92K | 314.21K |
Net income | -1.03M | 1.35M | 1.91M | 1.73M |
Earnings per share | ||||
Basic EPS | -0.01 | 0.01 | 0.02 | 0.02 |
Diluted EPS | -0.01 | 0.01 | 0.02 | 0.02 |
| Data source |