Thorne HealthTech
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. Thorne HealthTech's past years’ income statements indicate that its last revenue has increased compared to the previous period by 23% to $228,731,362. The net income raised on $15,674,040 and profit margin reached 7%. Total operating expenses were $109,452,804.

Profit Margin

Thorne HealthTech, Inc. (NASDAQ:THRN): Profit margin
2019 102.53M -16.59M -16.18%
2020 138.45M -2.44M -1.77%
2021 185.24M 10.50M 5.67%
2022 228.73M 15.67M 6.85%

THRN Income Statement (2019 – 2022)

2022 2021 2020 2019
Revenue
Revenue
228.73M185.24M138.45M102.53M
Cost of revenue
113.79M87.89M73.66M57.78M
Gross profit
114.93M97.35M64.78M44.74M
Operating exp.
Research and development
7.42M5.93M4.22M3.89M
Selling and marketing
26.44M25.18M00
Total operating expenses
109.45M86.03M63.77M58.64M
Operating income
5.48M9.75M770.60K-13.90M
Other income (expenses), net
2.31M1.16M-3.28M-2.65M
Income before tax
7.79M10.92M-2.26M-16.55M
Income tax expense
-7.30M411.91K176.75K33.42K
Net income
15.67M10.50M-2.44M-16.59M
Earnings per share
Basic EPS
0.30.33-0.04-0.46
Diluted EPS
0.30.33-0.04-0.46
Data sourceData source