ToughBuilt Industries
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. ToughBuilt Industries's past years’ income statements indicate that its last revenue has increased compared to the previous period by 36% to $95,253,767. The net income raised on -$22,532,068 and profit margin reached -24%. Total operating expenses were $77,486,855.
Profit Margin
| 2014 | 5.26M | -359.02K | -6.82% |
|---|---|---|---|
| 2015 | 8.93M | 32.31K | 0.36% |
| 2016 | 9.21M | -4.73M | -51.34% |
| 2017 | 14.20M | -5.94M | -41.84% |
| 2018 | 15.28M | -27.65M | -180.85% |
| 2019 | 19.09M | -5.27M | -27.62% |
| 2020 | 39.43M | -18.49M | -46.91% |
| 2021 | 70.02M | -37.23M | -53.17% |
| 2022 | 95.25M | -22.53M | -23.65% |
TBLT Income Statement (2014 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 95.25M | 70.02M | 39.43M | 19.09M | 15.28M | 14.20M | 9.21M | 8.93M | 5.26M |
Cost of revenue | 70.04M | 50.91M | 27.68M | 13.47M | 11.79M | 10.23M | 7.50M | 6.57M | 3.82M |
Gross profit | 25.21M | 19.11M | 11.74M | 5.61M | 3.49M | 3.96M | 1.71M | 2.35M | 1.43M |
Operating exp. | |||||||||
Research and development | 11.29M | 6.98M | 5.05M | 2.11M | 1.81M | 1.67M | 1.24M | 35.03K | 4.74K |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 77.48M | 58.41M | 26.13M | 14.19M | 8.75M | 7.74M | 5.64M | 2.21M | 1.72M |
Operating income | -52.27M | -39.30M | -14.38M | -8.58M | -6.45M | -3.77M | -3.92M | 137.31K | -283.02K |
Other income (expenses), net | 12.98M | 1.77M | -2.96M | 4.27M | -19.07M | -2.16M | -802.51K | -105K | -76K |
Income before tax | -39.29M | -37.52M | -17.34M | -4.30M | -27.65M | -5.94M | -4.73M | 32.31K | -359.02K |
Income tax expense | -16.76M | -290.29K | 1.15M | 972.16K | -17.87M | 0 | 0 | 4 | 0 |
Net income | -22.53M | -37.23M | -18.49M | -5.27M | -27.65M | -5.94M | -4.73M | 32.31K | -359.02K |
Earnings per share | |||||||||
Basic EPS | -222.2 | -3.61K | -6.62K | -16.58K | -285.06K | -61.25K | -48.78K | 319.17 | 0 |
Diluted EPS | -222.2 | -3.61K | -6.62K | -16.58K | -285.06K | -61.25K | -48.78K | 319.17 | 0 |
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