LASE
Income statement / Annual
Last year (2023), Laser Photonics Corporation's total revenue was $3.94 M,
a decrease of 20.49% from the previous year.
In 2023, Laser Photonics Corporation's net income was -$3.32 M.
See Laser Photonics Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$3.94 M
|
$4.95 M
|
$4.19 M
|
$2.15 M
|
$0.00
|
| Cost of Revenue |
$1.49 M |
$2.09 M |
$1.54 M |
$949,782.00 |
$0.00 |
| Gross Profit |
$2.45 M |
$2.87 M |
$2.65 M |
$1.20 M |
$0.00 |
| Gross Profit Ratio |
0.62 |
0.58 |
0.63 |
0.56 |
0 |
| Research and Development
Expenses |
$202,259.00
|
$100,802.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$3.30 M
|
$1.82 M
|
$1.63 M
|
$1.17 M
|
$15,636.00
|
| Selling & Marketing
Expenses |
$2.00 M
|
$1.68 M
|
$410,693.00
|
-$767,879.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$5.30 M
|
$3.50 M
|
$1.63 M
|
$400,066.00
|
$15,636.00
|
| Other Expenses |
$743,678.00 |
$345,291.00 |
$396,315.00 |
$1.19 M |
$0.00 |
| Operating Expenses |
$6.25 M |
$3.85 M |
$2.02 M |
$1.19 M |
$15,636.00 |
| Cost And Expenses |
$7.29 M |
$5.93 M |
$3.57 M |
$2.14 M |
$15,636.00 |
| Interest Income |
$0.00 |
$24,426.00 |
$49,351.00 |
$0.00 |
$0.00 |
| Interest Expense |
$0.00 |
$24,426.00 |
$49,351.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$523,380.00
|
$437,832.00
|
$396,247.00
|
$26,409.00
|
$93,816.00
|
| EBITDA |
-$2.79 M
|
-$1.63 M
|
$1.01 M
|
$37,050.00
|
$0.00
|
| EBITDA Ratio |
-0.71 |
-0.13 |
0.25 |
0.02 |
0 |
| Operating Income Ratio
|
-0.96
|
-0.2
|
0.15
|
0
|
0
|
| Total Other
Income/Expenses Net |
$477,824.00
|
-$24,427.00
|
-$26,670.00
|
$0.00
|
$78,180.00
|
| Income Before Tax |
-$3.32 M |
-$997,461.00 |
$584,394.00 |
$10,641.00 |
-$15,636.00 |
| Income Before Tax Ratio
|
-0.84
|
-0.2
|
0.14
|
0
|
0
|
| Income Tax Expense |
$0.00 |
$17,539.00 |
$72,033.00 |
$1.00 |
-$93,816.00 |
| Net Income |
-$3.32 M |
-$1.02 M |
$584,394.00 |
$10,641.00 |
-$15,636.00 |
| Net Income Ratio |
-0.84 |
-0.2 |
0.14 |
0 |
0 |
| EPS |
-0.37 |
-0.18 |
0.12 |
0.0014 |
-0.0032 |
| EPS Diluted |
-0.37 |
-0.18 |
0.12 |
0.0014 |
-0.0032 |
| Weighted Average Shares
Out |
$8.93 M
|
$5.63 M
|
$4.88 M
|
$26.61 M
|
$4.88 M
|
| Weighted Average Shares
Out Diluted |
$8.93 M
|
$5.63 M
|
$4.88 M
|
$26.61 M
|
$4.88 M
|
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