WANG & LEE GROUP
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. WANG & LEE GROUP's past years’ income statements indicate that its last revenue has increased compared to the previous period by 64% to $6,825,879. Profit margin reached -10%. Total operating expenses were $3,211,690.
Profit Margin
| 2020 | 4.07M | 278.01K | 6.82% |
|---|---|---|---|
| 2021 | 4.13M | -354.74K | -8.58% |
| 2022 | 4.16M | -596.88K | -14.31% |
| 2023 | 6.82M | -648.85K | -9.51% |
WLGS Income Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Revenue | ||||
Revenue | 6.82M | 4.16M | 4.13M | 4.07M |
Cost of revenue | 4.38M | 3.38M | 3.27M | 3.33M |
Gross profit | 2.44M | 785.70K | 859.76K | 735.16K |
Operating exp. | ||||
Research and development | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 |
Total operating expenses | 3.21M | 1.42M | 1.22M | 592.53K |
Operating income | -771.09K | -641.45K | -360.85K | 142.62K |
Other income (expenses), net | 122.23K | 79.94K | 19.42K | 140.93K |
Income before tax | -648.85K | -596.88K | -354.74K | 283.56K |
Income tax expense | 0 | 115.32K | 32.74K | 5.54K |
Net income | -648.85K | -596.88K | -354.74K | 278.01K |
Earnings per share | ||||
Basic EPS | -0.04 | -0.03 | -0.02 | 0.01 |
Diluted EPS | -0.04 | -0.03 | -0.02 | 0.01 |
| Data source | Data source |