Sacks Parente Golf
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. Sacks Parente Golf's past years’ income statements indicate that its last revenue has increased compared to the previous period by 84% to $349,000. Profit margin reached -1325%. Total operating expenses were $4,755,000.

Profit Margin

Sacks Parente Golf, Inc. (NASDAQ:SPGC): Profit margin
2020 182K -479K -263.19%
2021 200K -302K -151%
2022 190K -3.50M -1844.74%
2023 349K -4.62M -1325.21%

SPGC Income Statement (2020 – 2023)

2023 2022 2021 2020
Revenue
Revenue
349K190K200K182K
Cost of revenue
227K110K116K41K
Gross profit
122K80K84K141K
Operating exp.
Research and development
258K73K19K13K
Selling and marketing
1.32M283K63K5K
Total operating expenses
4.75M2.94M378K614K
Operating income
-4.63M-2.86M-294K-473K
Other income (expenses), net
8K-574K-8K-6K
Income before tax
-4.62M-3.50M-302K-479K
Income tax expense
064K-294K-473K
Net income
-4.62M-3.50M-302K-479K
Earnings per share
Basic EPS
-3.78-0.24-0.02-0.03
Diluted EPS
-0.38-0.24-0.02-0.03
Data source