PRZO
Income statement / Annual
Last year (2023), ParaZero Technologies Ltd.'s total revenue was $620,508.00,
an increase of 10.78% from the previous year.
In 2023, ParaZero Technologies Ltd.'s net income was -$3.77 M.
See ParaZero Technologies Ltd.’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 |
$620,508.00
|
$560,118.00
|
$724,391.00
|
$762,410.00
|
Cost of Revenue |
$476,610.00 |
$337,565.00 |
$464,715.00 |
$848,931.00 |
Gross Profit |
$143,898.00 |
$222,553.00 |
$259,676.00 |
-$86,521.00 |
Gross Profit Ratio |
0.23 |
0.4 |
0.36 |
-0.11 |
Research and Development
Expenses |
$636,801.00
|
$640,328.00
|
$603,702.00
|
$318,868.00
|
General & Administrative
Expenses |
$1.47 M
|
$766,711.00
|
$474,703.00
|
$745,351.00
|
Selling & Marketing
Expenses |
$487,904.00
|
$264,728.00
|
$168,700.00
|
$169,082.00
|
Selling, General &
Administrative Expenses |
$1.96 M
|
$1.03 M
|
$643,403.00
|
$914,433.00
|
Other Expenses |
-$752,105.00 |
-$115,890.00 |
$0.00 |
$0.00 |
Operating Expenses |
$2.60 M |
$2.06 M |
$1.25 M |
$1.23 M |
Cost And Expenses |
$3.07 M |
$2.40 M |
$1.71 M |
$2.08 M |
Interest Income |
$210,675.00 |
$202,958.00 |
$372,048.00 |
$0.00 |
Interest Expense |
$152,745.00 |
$17,386.00 |
$2,070.00 |
$4,774.00 |
Depreciation &
Amortization |
$4,633.12
|
$5,504.57
|
$5,457.07
|
$68,951.00
|
EBITDA |
-$2.98 M
|
-$1.62 M
|
-$969,802.00
|
-$1.30 M
|
EBITDA Ratio |
-4.8 |
-2.89 |
-1.34 |
-1.71 |
Operating Income Ratio
|
-4.51
|
-3.28
|
-1.36
|
-1.73
|
Total Other
Income/Expenses Net |
-$1.38 M
|
-$389,396.00
|
-$2,070.00
|
-$619,549.00
|
Income Before Tax |
-$3.77 M |
-$1.65 M |
-$615,381.00 |
-$1.94 M |
Income Before Tax Ratio
|
-6.08
|
-2.95
|
-0.85
|
-2.54
|
Income Tax Expense |
-$599,360.00 |
-$372,010.00 |
$2,070.00 |
-$614,775.00 |
Net Income |
-$3.77 M |
-$1.65 M |
-$615,381.00 |
-$1.94 M |
Net Income Ratio |
-6.08 |
-2.95 |
-0.85 |
-2.54 |
EPS |
-0.37 |
-0.28 |
-0.1 |
-0.33 |
EPS Diluted |
-0.37 |
-0.28 |
-0.1 |
-0.33 |
Weighted Average Shares
Out |
$10.07 M
|
$5.95 M
|
$5.95 M
|
$5.95 M
|
Weighted Average Shares
Out Diluted |
$10.07 M
|
$5.95 M
|
$5.95 M
|
$5.95 M
|
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