Rito Group Corp.
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. Rito Group Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $438,845. The net income raised on -$747,721 and profit margin reached -170%. Total operating expenses were $939,788.

Profit Margin

Rito Group Corp. (OTC:RTTO): Profit margin
2015 3.40K -100.76K -2958.31%
2016 5.87K -834.05K -14189.38%
2017 119.11K -704.31K -591.31%
2018 232.59K -822.15K -353.47%
2019 425.25K -1.51M -355.65%
2020 438.84K -747.72K -170.38%

RTTO Income Statement (2015 – 2020)

2020 2019 2018 2017 2016 2015
Revenue
Revenue
438.84K425.25K232.59K119.11K5.87K3.40K
Cost of revenue
241.09K303.66K153.14K71.75K3.08K2.04K
Gross profit
197.75K121.58K79.45K47.35K2.79K1.36K
Operating exp.
Research and development
000000
Selling and marketing
000000
Total operating expenses
939.78K1.62M894.85K719.07K787.18K102.12K
Operating income
-742.03K-1.50M-815.4K-671.72K-784.39K-100.76K
Other income (expenses), net
-5.68K-5.39K-6.75K-32.58K-49.66K0
Income before tax
-747.72K-1.51M-822.15K-704.31K-834.05K-100.76K
Income tax expense
000000
Net income
-747.72K-1.51M-822.15K-704.31K-834.05K-100.76K
Earnings per share
Basic EPS
-0.01-0.02-0.01-0.01-0.01-0.00
Diluted EPS
-0.01-0.02-0.01-0.01-0.01-0.00
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