Q4
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. Q4's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $56,075,053. Profit margin reached -65%. Total operating expenses were $67,405,093.
Profit Margin
| 2018 | 17.30M | -8.26M | -47.77% |
|---|---|---|---|
| 2019 | 22.40M | -11.05M | -49.34% |
| 2020 | 40.38M | -13.11M | -32.49% |
| 2021 | 55.38M | -26.88M | -48.53% |
| 2022 | 56.07M | -36.36M | -64.86% |
QFOR.TO Income Statement (2018 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 56.07M | 55.38M | 40.38M | 22.40M | 17.30M |
Cost of revenue | 22.88M | 23.79M | 18.70M | 10.42M | 8.09M |
Gross profit | 33.18M | 31.58M | 21.67M | 11.97M | 9.20M |
Operating exp. | |||||
Research and development | 18.20M | 11.08M | 6.53M | 3.27M | 2.05M |
Selling and marketing | 21.74M | 17.98M | 11.67M | 8.07M | 5.17M |
Total operating expenses | 67.40M | 51.37M | 33.27M | 21.35M | 14.03M |
Operating income | -37.30M | -22.19M | -12.23M | -9.89M | -4.44M |
Other income (expenses), net | -1.86M | -5.82M | -639.37K | -1.35M | 364.03K |
Income before tax | -36.08M | -26.83M | -12.87M | -10.86M | -7.94M |
Income tax expense | 288.74K | 47.82K | 244.65K | 183.69K | 319.85K |
Net income | -36.36M | -26.88M | -13.11M | -11.05M | -8.26M |
Earnings per share | |||||
Basic EPS | -0.91 | -1.71 | -0.33 | -0.28 | -0.21 |
Diluted EPS | -0.91 | -1.71 | -0.33 | -0.28 | -0.21 |
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