VR Education Holdings
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. VR Education Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 62% to $3,868,574. Profit margin reached -156%. Total operating expenses were $9,133,860.

Profit Margin

VR Education Holdings Plc (LSE:VRE.L): Profit margin
2017 624.48K -623.69K -99.87%
2018 716.34K -4.94M -690.16%
2019 1.02M -1.94M -189.89%
2020 1.41M -2.73M -192.85%
2021 2.38M -3.13M -131.3%
2022 3.86M -6.03M -156.01%

VRE.L Income Statement (2017 – 2022)

2022 2021 2020 2019 2018 2017
Revenue
Revenue
3.86M2.38M1.41M1.02M716.34K624.48K
Cost of revenue
709.01K492.39K403.62K401.48K239.70K300.14K
Gross profit
3.15M1.89M1.01M622.66K476.64K324.34K
Operating exp.
Research and development
386.96K537.67K0412.97K00
Selling and marketing
000000
Total operating expenses
9.13M5.00M3.73M2.55M2.24M816.52K
Operating income
-5.97M-3.11M-2.72M-1.93M-1.77M-492.18K
Other income (expenses), net
-30.58K-16.76K-7.31K-6.99K-3.17M-131.51K
Income before tax
-6.00M-3.13M-2.72M-1.93M-4.94M-623.69K
Income tax expense
30.58K2.86K3.44K4.98K-3.14M-82.65K
Net income
-6.03M-3.13M-2.73M-1.94M-4.94M-623.69K
Earnings per share
Basic EPS
-0.01-0.01-0.01-0.01-0.02-0.00
Diluted EPS
-0.01-0.01-0.01-0.01-0.02-0.00
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