8i Acquisition 2 Corp. (LAXXR)

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$0.46

north_east NA Past Year
Day's range
$0.45
Day's range
$0.51

LAXXR Income statement / Annual

Last year (2023), 8i Acquisition 2 Corp.'s total revenue was $3.71 M, a decrease of 62.34% from the previous year. In 2023, 8i Acquisition 2 Corp.'s net income was -$10.04 M. See 8i Acquisition 2 Corp.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Operating Revenue $3.71 M $9.84 M $10.54 M $8.88 M
Cost of Revenue $2.86 M $6.49 M $6.30 M $4.99 M
Gross Profit $842,075.00 $3.35 M $4.24 M $3.89 M
Gross Profit Ratio 0.23 0.34 0.4 0.44
Research and Development Expenses $0.00 $17,209.00 $129,265.00 $158,011.00
General & Administrative Expenses $4.27 M $7.15 M $4.08 M $3.76 M
Selling & Marketing Expenses $533,562.00 $1.90 M $1.26 M $863,389.00
Selling, General & Administrative Expenses $4.80 M $9.06 M $5.34 M $4.63 M
Other Expenses $0.00 -$12.78 M $386,828.00 $1.09 M
Operating Expenses $4.80 M $9.07 M $5.47 M $4.78 M
Cost And Expenses $7.67 M $15.56 M $11.77 M $9.77 M
Interest Income $0.00 $120,082.00 $1.92 M $65,819.00
Interest Expense $23,225.00 $120,082.00 $127,126.00 $65,819.00
Depreciation & Amortization $111,200.00 $256,258.00 $264,103.00 $285,378.00
EBITDA -$8.30 M -$24.56 M $1.34 M $484,241.00
EBITDA Ratio -2.24 -1.85 -0.05 0.05
Operating Income Ratio -1.07 -1.23 -0.12 0.02
Total Other Income/Expenses Net -$4.47 M -$12.71 M $1.51 M $1.14 M
Income Before Tax -$8.43 M -$24.93 M $948,537.00 $246,449.00
Income Before Tax Ratio -2.28 -2.53 0.09 0.03
Income Tax Expense $0.00 $17,422.00 $48,141.00 $47,477.00
Net Income -$10.04 M -$24.88 M $864,829.00 $175,575.00
Net Income Ratio -2.71 -2.53 0.08 0.02
EPS -0.44 -2.07 0.0935 0.0087
EPS Diluted -0.44 -2.07 0.0935 0.0087
Weighted Average Shares Out $22.90 M $12.03 M $9.25 M $20.19 M
Weighted Average Shares Out Diluted $22.90 M $12.03 M $9.25 M $20.19 M
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