ReTo Eco-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. ReTo Eco-Solutions's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 50% to $3,236,286. Profit margin reached -483%. Total operating expenses were $11,554,430.
Profit Margin
| 2014 | 13.76M | 650.38K | 4.73% |
|---|---|---|---|
| 2015 | 17.38M | 2.31M | 13.31% |
| 2016 | 32.42M | 4.10M | 12.66% |
| 2017 | 35.55M | 5.97M | 16.82% |
| 2018 | 37.56M | 4.48M | 11.93% |
| 2019 | 29.55M | -12.29M | -41.61% |
| 2020 | 9.73M | -15.13M | -155.45% |
| 2021 | 3.60M | -20.47M | -568.81% |
| 2022 | 6.47M | -15.37M | -237.57% |
| 2023 | 3.23M | -15.64M | -483.32% |
RETO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.23M | 6.47M | 3.60M | 9.73M | 29.55M | 37.56M | 35.55M | 32.42M | 17.38M | 13.76M |
Cost of revenue | 3.02M | 5.66M | 3.21M | 8.57M | 22.19M | 20.36M | 17.58M | 18.27M | 9.26M | 8.00M |
Gross profit | 210.07K | 806.66K | 385.72K | 1.15M | 7.36M | 17.20M | 17.96M | 14.15M | 8.11M | 5.76M |
Operating exp. | ||||||||||
Research and development | 1.16M | 960.59K | 346.95K | 334.90K | 438.37K | 799.60K | 603.44K | 503.68K | 458.24K | 629.24K |
Selling and marketing | 1.19M | 3.77M | 826.24K | 1.28M | 1.30M | 1.98M | 1.79M | 1.58M | 1.46M | 1.43M |
Total operating expenses | 11.55M | 13.32M | 5.79M | 6.25M | 5.70M | 8.05M | 7.70M | 5.96M | 4.52M | 3.81M |
Operating income | -11.34M | -12.52M | -5.40M | -5.09M | 1.95M | 7.19M | 10.25M | 8.18M | 3.59M | 1.50M |
Other income (expenses), net | -4.74M | -2.87M | -15.06M | -413.77K | -13.24M | -1.93M | -3.41M | -283.20K | -939.44K | -625.64K |
Income before tax | -16.08M | -15.39M | -20.47M | -14.56M | -11.28M | 6.14M | 9.40M | 6.45M | 2.65M | 876.14K |
Income tax expense | -16.63K | -17.56K | 3.46K | 569.97K | 1.00M | 1.58M | 2.76M | 1.95M | 295.76K | 207.99K |
Net income | -15.64M | -15.37M | -20.47M | -15.13M | -12.29M | 4.48M | 5.97M | 4.10M | 2.31M | 650.38K |
Earnings per share | ||||||||||
Basic EPS | -19.44 | -39.64 | -78.28 | -62.72 | -53.72 | 19.69 | 3.5 | 1.84 | 1.04 | 0 |
Diluted EPS | -19.44 | -39.64 | -78.28 | -62.72 | -53.72 | 19.69 | 3.5 | 1.84 | 1.04 | 0 |
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