Think Research
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. Think Research's past years’ income statements indicate that its last revenue has increased compared to the previous period by 64% to $78,604,000. The net income raised on -$25,743,000 and profit margin reached -33%. Total operating expenses were $57,229,000.
Profit Margin
| 2020 | 19.44M | -10.01M | -51.51% |
|---|---|---|---|
| 2021 | 47.79M | -29.04M | -60.78% |
| 2022 | 78.60M | -25.74M | -32.75% |
THNK.V Income Statement (2020 – 2022)
| 2022 | 2021 | 2020 | |
|---|---|---|---|
Revenue | |||
Revenue | 78.60M | 47.79M | 19.44M |
Cost of revenue | 41.21M | 23.39M | 7.51M |
Gross profit | 37.38M | 24.39M | 11.93M |
Operating exp. | |||
Research and development | 6.78M | 6.56M | 4.45M |
Selling and marketing | 9.08M | 8.65M | 3.70M |
Total operating expenses | 57.22M | 46.21M | 20.78M |
Operating income | -19.84M | -21.81M | -8.85M |
Other income (expenses), net | -4.08M | -6.63M | 305K |
Income before tax | -27.90M | -30.51M | -10.04M |
Income tax expense | -2.16M | -1.46M | -24K |
Net income | -25.74M | -29.04M | -10.01M |
Earnings per share | |||
Basic EPS | -0.42 | -0.62 | -0.28 |
Diluted EPS | -0.42 | -0.62 | -0.28 |