FCUV
Income statement / Annual
Last year (2023), Focus Universal Inc.'s total revenue was $1.05 M,
an increase of 197.55% from the previous year.
In 2023, Focus Universal Inc.'s net income was -$4.72 M.
See Focus Universal Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
03/31/2014 |
| Operating Revenue |
$1.05 M
|
$353,619.00
|
$1.43 M
|
$1.68 M
|
$1.46 M
|
$308,129.00
|
$898,084.00
|
$337,496.00
|
$412,669.00
|
$15,900.00
|
| Cost of Revenue |
$958,413.00 |
$330,899.00 |
$1.14 M |
$1.40 M |
$1.34 M |
$137,897.00 |
$726,252.00 |
$57,128.00 |
$134,682.00 |
$5,000.00 |
| Gross Profit |
$93,785.00 |
$22,720.00 |
$298,131.00 |
$283,780.00 |
$118,231.00 |
$170,232.00 |
$171,832.00 |
$280,368.00 |
$277,987.00 |
$10,900.00 |
| Gross Profit Ratio |
0.09 |
0.06 |
0.21 |
0.17 |
0.08 |
0.55 |
0.19 |
0.83 |
0.67 |
0.69 |
| Research and Development
Expenses |
$1.39 M
|
$1.06 M
|
$220,469.00
|
$256,636.00
|
$255,232.00
|
$221,510.00
|
$208,238.00
|
$201,899.00
|
$360,926.00
|
$0.00
|
| General & Administrative
Expenses |
$2.45 M
|
$4.03 M
|
$3.05 M
|
$2.55 M
|
$2.64 M
|
$1.53 M
|
$483,430.00
|
$521,706.00
|
$198,310.00
|
$31,406.00
|
| Selling & Marketing
Expenses |
$140,994.00
|
$142,372.00
|
$39,821.00
|
$22,590.00
|
$46,624.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$3.67 M
|
$4.17 M
|
$3.09 M
|
$2.57 M
|
$2.69 M
|
$1.53 M
|
$483,430.00
|
$521,706.00
|
$198,310.00
|
$31,406.00
|
| Other Expenses |
$0.00 |
$179,875.00 |
$196,474.00 |
$162,242.00 |
$154,390.00 |
$0.00 |
-$1.00 |
$4,136.00 |
$0.00 |
$1,400.00 |
| Operating Expenses |
$4.89 M |
$5.23 M |
$3.31 M |
$2.99 M |
$2.94 M |
$1.75 M |
$691,668.00 |
$723,605.00 |
$559,236.00 |
$31,406.00 |
| Cost And Expenses |
$6.02 M |
$5.56 M |
$4.45 M |
$4.38 M |
$4.28 M |
$1.89 M |
$1.42 M |
$780,733.00 |
$693,918.00 |
$36,406.00 |
| Interest Income |
$6.00 |
$3,887.00 |
$37,608.00 |
$4,153.00 |
$2,257.00 |
$0.00 |
$0.00 |
$0.00 |
$3,918.00 |
$0.00 |
| Interest Expense |
$0.00 |
$3,887.00 |
$37,608.00 |
$4,153.00 |
$1,750.00 |
$440,943.00 |
$105,830.00 |
$203.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$167,983.00
|
$166,266.00
|
$162,160.00
|
$162,242.00
|
$160,022.00
|
$27,993.00
|
$2,181.00
|
$1,130.00
|
$0.00
|
$0.00
|
| EBITDA |
-$4.51 M
|
-$4.76 M
|
-$2.85 M
|
-$2.37 M
|
-$3.02 M
|
-$1.56 M
|
-$518,348.00
|
-$465,900.00
|
-$281,249.00
|
-$84,341.00
|
| EBITDA Ratio |
-4.29 |
-14.52 |
-1.85 |
-1.41 |
-1.48 |
-5.05 |
-0.58 |
-1.31 |
-0.68 |
-1.29 |
| Operating Income Ratio
|
-4.72
|
-14.72
|
-2.1
|
-1.61
|
-1.93
|
-5.14
|
-0.58
|
-1.31
|
-0.68
|
-1.29
|
| Total Other
Income/Expenses Net |
$244,665.00
|
$278,709.00
|
-$204,390.00
|
$166,800.00
|
-$351,568.00
|
-$440,943.00
|
-$105,831.00
|
$91.00
|
$60,655.00
|
$0.00
|
| Income Before Tax |
-$4.72 M |
-$4.93 M |
-$3.22 M |
-$2.54 M |
-$3.18 M |
-$2.02 M |
-$625,667.00 |
-$439,304.00 |
-$220,594.00 |
-$20,506.00 |
| Income Before Tax Ratio
|
-4.48
|
-13.93
|
-2.25
|
-1.51
|
-2.17
|
-6.57
|
-0.7
|
-1.3
|
-0.53
|
-1.29
|
| Income Tax Expense |
$0.00 |
-$377,543.00 |
$234,082.00 |
$177,534.00 |
$505,958.00 |
$440,943.00 |
$694.00 |
$1,600.00 |
-$50,195.00 |
$0.00 |
| Net Income |
-$4.72 M |
-$4.55 M |
-$3.46 M |
-$2.71 M |
-$3.68 M |
-$2.02 M |
-$626,361.00 |
-$440,904.00 |
-$221,394.00 |
-$20,506.00 |
| Net Income Ratio |
-4.48 |
-12.87 |
-2.41 |
-1.62 |
-2.52 |
-6.57 |
-0.7 |
-1.31 |
-0.54 |
-1.29 |
| EPS |
-0.08 |
-0.0697 |
-0.0552 |
-0.0442 |
-0.0599 |
-0.0357 |
-0.0121 |
-0.0085 |
-0.0064 |
-0.0021 |
| EPS Diluted |
-0.0782 |
-0.0697 |
-0.0552 |
-0.0442 |
-0.0599 |
-0.0357 |
-0.0121 |
-0.0085 |
-0.0064 |
-0.0021 |
| Weighted Average Shares
Out |
$58.98 M
|
$65.30 M
|
$62.57 M
|
$61.44 M
|
$61.42 M
|
$56.67 M
|
$51.86 M
|
$51.86 M
|
$34.57 M
|
$9.71 M
|
| Weighted Average Shares
Out Diluted |
$60.31 M
|
$65.30 M
|
$62.57 M
|
$61.44 M
|
$61.42 M
|
$56.67 M
|
$51.86 M
|
$51.86 M
|
$34.57 M
|
$9.87 M
|
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