IFBD
Income statement / Annual
Last year (2023), Infobird Co., Ltd's total revenue was $280,000.00,
a decrease of 94.91% from the previous year.
In 2023, Infobird Co., Ltd's net income was -$2.58 M.
See Infobird Co., Ltd’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$280,000.00
|
$5.51 M
|
$9.64 M
|
$14.53 M
|
$18.25 M
|
$18.79 M
|
| Cost of Revenue |
$125,271.00 |
$3.53 M |
$7.37 M |
$4.72 M |
$7.99 M |
$9.30 M |
| Gross Profit |
$154,729.00 |
$1.98 M |
$2.27 M |
$9.81 M |
$10.26 M |
$9.49 M |
| Gross Profit Ratio |
0.55 |
0.36 |
0.24 |
0.68 |
0.56 |
0.5 |
| Research and Development
Expenses |
$0.00
|
$3.32 M
|
$3.27 M
|
$1.90 M
|
$1.50 M
|
$3.01 M
|
| General & Administrative
Expenses |
$1.42 M
|
$7.04 M
|
$5.95 M
|
$1.71 M
|
$1.19 M
|
$1.49 M
|
| Selling & Marketing
Expenses |
$1.89 M
|
$3.37 M
|
$3.83 M
|
$1.84 M
|
$1.53 M
|
$1.92 M
|
| Selling, General &
Administrative Expenses |
$3.31 M
|
$10.41 M
|
$9.78 M
|
$3.55 M
|
$2.73 M
|
$3.41 M
|
| Other Expenses |
$0.00 |
-$431,118.00 |
$679,875.00 |
$180,051.00 |
$138,457.00 |
$11,595.00 |
| Operating Expenses |
$3.31 M |
$13.73 M |
$13.05 M |
$5.45 M |
$4.22 M |
$6.42 M |
| Cost And Expenses |
$3.44 M |
$17.26 M |
$20.42 M |
$10.17 M |
$12.21 M |
$15.72 M |
| Interest Income |
$1,366.00 |
$2,994.00 |
$9,135.00 |
$6,989.00 |
$8,823.00 |
$5,432.00 |
| Interest Expense |
$736,941.00 |
$1.45 M |
$317,402.00 |
$208,506.00 |
$411,298.00 |
$497,057.00 |
| Depreciation &
Amortization |
$587,728.00
|
$1.43 M
|
$1.14 M
|
$481,993.00
|
$203,529.00
|
$341,928.00
|
| EBITDA |
-$20.70 M
|
-$309,683.00
|
-$579,824.00
|
$5.04 M
|
$6.39 M
|
$3.41 M
|
| EBITDA Ratio |
-73.94 |
-1.95 |
-0.94 |
0.35 |
0.35 |
0.18 |
| Operating Income Ratio
|
-11.27
|
-2.61
|
-1.5
|
0.3
|
0.33
|
0.16
|
| Total Other
Income/Expenses Net |
-$18.28 M
|
-$1.64 M
|
-$13.30 M
|
-$21,466.00
|
-$264,018.00
|
-$480,030.00
|
| Income Before Tax |
-$21.44 M |
-$16.26 M |
-$14.10 M |
$4.35 M |
$5.77 M |
$2.59 M |
| Income Before Tax Ratio
|
-76.57
|
-2.95
|
-1.46
|
0.3
|
0.32
|
0.14
|
| Income Tax Expense |
$0.00 |
-$77,649.00 |
$124,058.00 |
$286,071.00 |
$673,034.00 |
$145,263.00 |
| Net Income |
-$2.58 M |
-$15.27 M |
-$13.87 M |
$4.00 M |
$4.85 M |
$2.60 M |
| Net Income Ratio |
-9.2 |
-2.77 |
-1.44 |
0.28 |
0.27 |
0.14 |
| EPS |
-6.55 |
-13.27 |
-14.81 |
3.82 |
4.63 |
3.43 |
| EPS Diluted |
-6.55 |
-13.27 |
-14.81 |
3.82 |
4.63 |
3.43 |
| Weighted Average Shares
Out |
$393,572.00
|
$1.15 M
|
$936,844.00
|
$1.05 M
|
$1.05 M
|
$760,000.00
|
| Weighted Average Shares
Out Diluted |
$393,572.00
|
$1.15 M
|
$936,844.00
|
$1.05 M
|
$1.05 M
|
$760,000.00
|
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