iCoreConnect Inc. (ICCT) Financials

$2.26

south_east
-$0.04 (-1.74%)
Day's range
$2.2
Day's range
$2.31

ICCT Income statement / Annual

Last year (2023), iCoreConnect Inc.'s total revenue was $8.15 M, an increase of 2.05% from the previous year. In 2023, iCoreConnect Inc.'s net income was -$15.55 M. See iCoreConnect 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-2014 FY-2013 FY-2012
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 06/30/2017 06/30/2014 06/30/2013 06/30/2012
Operating Revenue $8.15 M $7.99 M $4.96 M $2.12 M $1.01 M $1.09 M $653,000.00 $366,447.00 $105,692.00 $595,506.00
Cost of Revenue $2.03 M $2.24 M $1.58 M $1.01 M $305,000.00 $449,000.00 $296,000.00 $211,758.00 $17,787.00 $5,296.00
Gross Profit $6.12 M $5.74 M $3.38 M $1.11 M $709,000.00 $640,000.00 $357,000.00 $154,689.00 $87,905.00 $590,210.00
Gross Profit Ratio 0.75 0.72 0.68 0.52 0.7 0.59 0.55 0.42 0.83 0.99
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $628,000.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $14.51 M $8.73 M $4.88 M $3.38 M $3.40 M $3.45 M $2.32 M $3.46 M $7.29 M $2.20 M
Selling & Marketing Expenses $614,061.00 $525,533.00 $350,318.00 $70,000.00 $34,000.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $15.12 M $9.25 M $5.23 M $3.45 M $3.43 M $3.45 M $2.32 M $3.46 M $7.29 M $2.20 M
Other Expenses $1.27 M $1.29 M $1.43 M $906,060.00 $655,000.00 $407,000.00 -$1,000.00 $7,875.00 $109,011.00 $1.65 M
Operating Expenses $16.40 M $10.55 M $6.66 M $4.35 M $4.09 M $3.86 M $2.58 M $3.47 M $7.40 M $3.84 M
Cost And Expenses $18.43 M $12.79 M $8.24 M $5.36 M $4.39 M $4.31 M $2.88 M $3.68 M $7.42 M $3.85 M
Interest Income $0.00 $785,406.00 $500,878.00 $238,820.00 $236,000.00 $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $2.40 M $785,406.00 $500,878.00 $238,820.00 $236,000.00 $232,000.00 $2.27 M $1.22 M $1.33 M $640,445.00
Depreciation & Amortization $1.27 M $1.29 M $1.43 M $906,060.00 $655,000.00 -$1.33 M $262,000.00 $7,876.00 $14,179.00 $1.17 M
EBITDA -$11.88 M -$3.51 M -$1.52 M -$2.35 M -$2.09 M -$4.55 M -$1.96 M -$3.31 M $3.18 M -$6.79 M
EBITDA Ratio -1.46 -0.5 -0.61 -1.12 -2.75 -4.18 -3.01 -9.03 -69.04 -3.5
Operating Income Ratio -1.26 -0.6 -0.66 -1.52 -3.33 -2.96 -3.41 -9.05 -85.41 -6.89
Total Other Income/Expenses Net -$5.28 M -$1.28 M -$1.68 M -$252,911.00 $397,000.00 -$1.97 M -$2.27 M $5.27 M $5.27 M $1.68 M
Income Before Tax -$15.55 M -$6.08 M -$4.96 M -$3.49 M -$2.98 M -$5.19 M -$4.49 M $1.95 M -$7.25 M -$4.59 M
Income Before Tax Ratio -1.91 -0.76 -1 -1.64 -2.94 -4.77 -6.88 5.33 -68.55 -7.71
Income Tax Expense $0.00 $1.28 M $838,422.00 $188,930.00 $172,000.00 $1.97 M $2.27 M -$6.49 M -$1.39 M $697,985.00
Net Income -$15.55 M -$7.36 M -$5.80 M -$3.68 M -$3.16 M -$7.16 M -$4.49 M $1.95 M -$7.25 M -$4.59 M
Net Income Ratio -1.91 -0.92 -1.17 -1.73 -3.11 -6.58 -6.88 5.33 -68.55 -7.71
EPS -2.17 -1.28 -1.18 -1.44 -1.61 -4.79 -5.63 3.3 98.49 -531.91
EPS Diluted -2.17 -1.28 -1.18 -1.44 -1.61 -4.79 -5.63 1.69 50.51 -531.91
Weighted Average Shares Out $7.35 M $5.77 M $4.92 M $2.56 M $1.96 M $1.50 M $796,845.00 $591,742.00 $19,830.00 $13,379.00
Weighted Average Shares Out Diluted $7.35 M $5.77 M $4.92 M $2.56 M $1.96 M $1.50 M $796,845.00 $1.15 M $38,669.00 $13,379.00
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