IMAC Holdings, Inc. (IMAC) Financials

NASDAQ Currency in USD Disclaimer

$1.01

north_east NA Past Year
Day's range
$0.99
Day's range
$1.02

IMAC Income statement / Annual

Last year (2023), IMAC Holdings, Inc.'s total revenue was $5.20 M, a decrease of 67.89% from the previous year. In 2023, IMAC Holdings, Inc.'s net income was -$9.42 M. See IMAC Holdings, 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
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
Operating Revenue $5.20 M $16.19 M $14.39 M $12.84 M $15.13 M $6.70 M $786,025.00 $15,000.00
Cost of Revenue $1.35 M $1.51 M $1.63 M $1.62 M $2.54 M $933,907.00 $63,216.00 $4,266.00
Gross Profit $3.85 M $14.68 M $12.76 M $11.21 M $12.59 M $5.77 M $722,809.00 $10,734.00
Gross Profit Ratio 0.74 0.91 0.89 0.87 0.83 0.86 0.92 0.72
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses -$6,264.90 $21.80 M $19.73 M $15.44 M $15.98 M $7.81 M $1.45 M $204,781.00
Selling & Marketing Expenses $7,732.00 $1.10 M $1.32 M $933,338.00 $1.24 M $859,191.00 $119,867.00 $25,000.00
Selling, General & Administrative Expenses $1,467.10 $22.90 M $21.06 M $16.38 M $17.22 M $8.67 M $1.57 M $229,781.00
Other Expenses $0.00 $1.63 M $1.65 M $1.31 M $1.55 M $18,356.00 $65,895.00 $0.00
Operating Expenses $5.03 M $24.53 M $22.71 M $17.68 M $18.77 M $9.32 M $1.64 M $229,781.00
Cost And Expenses $6.38 M $26.03 M $24.33 M $19.31 M $21.31 M $10.25 M $1.70 M $234,047.00
Interest Income $0.00 $10,583.00 $2,885.00 $6,073.00 $7,794.00 $7,541.00 $14,821.00 $4.00
Interest Expense $0.00 $14,191.00 $504,103.00 $563,067.00 $897,694.00 $153,824.00 $27,151.00 $4.00
Depreciation & Amortization $403,593.00 $1.63 M $1.65 M $1.72 M $1.55 M $651,066.00 $65,895.00 $219,047.00
EBITDA -$5.95 M -$10.20 M -$8.39 M -$3.26 M -$4.50 M -$2.98 M -$823,482.00 -$397,440.00
EBITDA Ratio -1.14 -0.51 -0.57 -0.37 -0.31 -0.44 -1.04 -26.5
Operating Income Ratio -1.23 -0.61 -0.69 -0.5 -0.41 -0.53 -1.16 -14.6
Total Other Income/Expenses Net -$99,850.00 $6,113.00 -$443,889.00 $993,855.00 -$765,958.00 -$233,477.00 -$1,465.00 -$178,393.00
Income Before Tax -$6.48 M -$18.31 M -$10.54 M -$5.54 M -$6.95 M -$3.78 M -$916,532.00 -$397,440.00
Income Before Tax Ratio -1.25 -1.13 -0.73 -0.43 -0.46 -0.56 -1.17 -26.5
Income Tax Expense $0.00 $8.43 M $561,432.00 $24,368.00 $427,203.00 -$79,653.00 -$818,591.00 -$16,647.00
Net Income -$9.42 M -$26.74 M -$11.10 M -$5.57 M -$7.38 M -$3.05 M -$57,181.00 -$380,797.00
Net Income Ratio -1.81 -1.65 -0.77 -0.43 -0.49 -0.46 -0.07 -25.39
EPS -5.06 -28.38 -14.77 -15.11 -28.55 -12.65 -0.38 -2.56
EPS Diluted -7.36 -28.38 -14.77 -15.11 -28.55 -12.65 -0.38 -2.56
Weighted Average Shares Out $1.62 M $942,462.00 $751,723.00 $368,338.00 $258,454.00 $241,434.00 $150,397.00 $149,017.00
Weighted Average Shares Out Diluted $1.11 M $942,462.00 $751,723.00 $368,338.00 $258,454.00 $241,434.00 $150,397.00 $149,017.00
Link