Raytech Holding Limited Ordinary Shares
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. Raytech Holding Limited Ordinary Shares's past years’ income statements indicate that its last revenue has increased compared to the previous period by 110% to $66,972,301. The net income raised on $9,936,794 and profit margin reached 15%. Total operating expenses were $3,545,369.

Profit Margin

Raytech Holding Limited Ordinary Shares (NASDAQ:RAY): Profit margin
2021 31.85M 5.62M 17.65%
2024 66.97M 9.93M 14.84%

RAY Income Statement (2020 – 2023)

2023 2020
Revenue
Revenue
66.97M31.85M
Cost of revenue
52.06M23.95M
Gross profit
14.90M7.90M
Operating exp.
Research and development
00
Selling and marketing
123.82K66.83K
Total operating expenses
3.54M1.18M
Operating income
11.35M6.71M
Other income (expenses), net
1.39M2.65K
Income before tax
12.75M6.72M
Income tax expense
2.81M1.09M
Net income
9.93M5.62M
Earnings per share
Basic EPS
0.620.32
Diluted EPS
0.620.32
Data source