Torchlight Energy Resources
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. Torchlight Energy Resources's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 880% to -$188,481. Profit margin reached 6782%. Total operating expenses were $9,383,718.

Profit Margin

Torchlight Energy Resources, Inc. (NASDAQ:TRCH): Profit margin
2010 0 0
2011 24.15K -1.96M -8149.19%
2020 -188.48K -12.78M 6781.53%

TRCH Income Statement (2010 – 2020)

2020 2011 2010
Revenue
Revenue
-188.48K24.15K0
Cost of revenue
188.48K25.27K0
Gross profit
-376.96K-1.12K0
Operating exp.
Research and development
000
Selling and marketing
000
Total operating expenses
9.38M1.87M0
Operating income
-9.37M-1.87M0
Other income (expenses), net
-3.40M00
Income before tax
-12.78M-1.96M0
Income tax expense
-2.16M00
Net income
-12.78M-1.96M0
Earnings per share
Basic EPS
-0.14-0.130
Diluted EPS
-0.14-0.130
Data sourceData sourceData source