Royale Energy
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. Royale Energy's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 18% to $2,160,594. Profit margin reached -85%. Total operating expenses were $2,377,869.
Profit Margin
| 2014 | 3.22M | -2.15M | -66.8% |
|---|---|---|---|
| 2015 | 1.71M | -2.01M | -117.38% |
| 2016 | 1.21M | -4.14M | -341.43% |
| 2017 | 1.00M | -2.42M | -240.94% |
| 2018 | 3.28M | -23.50M | -715.93% |
| 2019 | 2.96M | -1.04M | -35.09% |
| 2020 | 1.58M | -2.69M | -169.62% |
| 2021 | 1.71M | -3.61M | -210.61% |
| 2022 | 2.64M | -148.04K | -5.6% |
| 2023 | 2.16M | -1.83M | -84.8% |
ROYL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.16M | 2.64M | 1.71M | 1.58M | 2.96M | 3.28M | 1.00M | 1.21M | 1.71M | 3.22M |
Cost of revenue | 2.07M | 2.50M | 2.35M | 1.87M | 2.23M | 2.33M | 551.65K | 2.66M | 1.87M | 2.31M |
Gross profit | 82.05K | 138.10K | -633.25K | -283.46K | 734.50K | 946.73K | 455.72K | -1.45M | -160.15K | 908.92K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 350.42K | 259.10K | 230.34K | 113.61K | 414.97K | 340.64K | 268.66K | 294.52K | 326.14K | 430.77K |
Total operating expenses | 2.37M | 867.43K | 2.66M | 816.00K | 513.03K | 2.30M | 2.32M | 3.82M | 5.00M | 4.96M |
Operating income | -1.94M | -143.14K | -3.66M | -2.67M | 893.76K | -3.20M | -2.34M | -4.83M | -1.92M | -2.07M |
Other income (expenses), net | 110.75K | -2.45K | 67.74K | -5.47M | -1.24M | -21.96M | -85.94K | 1.24M | 882.86K | -81.60K |
Income before tax | -1.83M | -145.59K | -3.59M | -8.14M | -348.38K | -23.50M | -2.42M | -4.14M | -2.01M | -2.15M |
Income tax expense | 0 | 2.45K | 21.27K | -5.45M | 692.85K | -20.12M | 232.59K | 114.15K | 86.08K | 81.60K |
Net income | -1.83M | -148.04K | -3.61M | -2.69M | -1.04M | -23.50M | -2.42M | -4.14M | -2.01M | -2.15M |
Earnings per share | ||||||||||
Basic EPS | -0.04 | -0.00 | -0.06 | -0.05 | -0.02 | -0.54 | -0.11 | -0.22 | -0.13 | -0.14 |
Diluted EPS | -0.04 | -0.00 | -0.06 | -0.05 | -0.02 | -0.53 | -0.11 | -0.22 | -0.13 | -0.14 |
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