ExcelFin Acquisition 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. The net income dropped to -$3,287,521 over the previous period. Total operating expenses were $7,240,525.

Profit Margin

ExcelFin Acquisition Corp. (NASDAQ:XFINW): Profit margin
2021 0 -696.97K
2022 0 623.11K
2023 0 -3.28M

XFINW Income Statement (2021 – 2023)

2023 2022 2021
Revenue
Revenue
000
Cost of revenue
0570K0
Gross profit
0-570K0
Operating exp.
Research and development
000
Selling and marketing
7.03M0706.42K
Total operating expenses
7.24M2.04M706.65K
Operating income
-7.24M-5.68M-706.66K
Other income (expenses), net
4.61M6.93M9.68K
Income before tax
-2.30M1.24M-696.97K
Income tax expense
985.21K620.34K-418
Net income
-3.28M623.11K-696.97K
Earnings per share
Basic EPS
-0.220.02-0.02
Diluted EPS
-0.220.02-0.02
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