Toro 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. Toro Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 30% to $78,468,574. The net income raised on $140,636,993 and profit margin reached 179%. Total operating expenses were -$83,648,109.
Profit Margin
| 2021 | 29.26M | -1.43M | -4.89% |
|---|---|---|---|
| 2022 | 111.88M | 49.92M | 44.62% |
| 2023 | 78.46M | 140.63M | 179.23% |
TORO Income Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Revenue | |||
Revenue | 78.46M | 111.88M | 29.26M |
Cost of revenue | 25.23M | 61.15M | 29.10M |
Gross profit | 53.23M | 50.73M | 154.91K |
Operating exp. | |||
Research and development | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 |
Total operating expenses | -83.64M | 2.36M | 889.09K |
Operating income | 136.88M | 51.59M | -734.18K |
Other income (expenses), net | 4.10M | 3.21M | 15.32K |
Income before tax | 140.98M | 50.88M | -1.22M |
Income tax expense | 350.66K | 960.18K | 206.17K |
Net income | 140.63M | 49.92M | -1.43M |
Earnings per share | |||
Basic EPS | 9.05 | 5.55 | -0.15 |
Diluted EPS | 2.87 | 1.23 | -0.15 |
| Data source | Data source |