Turbo Energy, S.A. American Depositary Shares
Income Statement

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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. Turbo Energy, S.A. American Depositary Shares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 58% to $13,103,679. Profit margin reached -15%. Total operating expenses were $3,702,283.

Profit Margin

Turbo Energy, S.A. American Depositary Shares (NASDAQ:TURB): Profit margin
2021 17.15M 267.22K 1.56%
2022 31.14M 1.02M 3.3%
2023 13.10M -2.01M -15.37%

TURB Income Statement (2021 – 2023)

2023 2022 2021
Revenue
Revenue
13.10M31.14M17.15M
Cost of revenue
12.04M26.54M14.89M
Gross profit
1.06M4.60M2.25M
Operating exp.
Research and development
000
Selling and marketing
335.30K805.06K537.02K
Total operating expenses
3.70M2.91M1.67M
Operating income
-2.64M1.67M477.49K
Other income (expenses), net
-488.46K13.82K-94.02K
Income before tax
-3.13M1.39M348.22K
Income tax expense
-1.11M366.51K81K
Net income
-2.01M1.02M267.22K
Earnings per share
Basic EPS
-0.20.090.02
Diluted EPS
-0.20.090.02
Data source