RETO
Income statement / Annual
Last year (2023), ReTo Eco-Solutions, Inc.'s total revenue was $3.24 M,
a decrease of 50.01% from the previous year.
In 2023, ReTo Eco-Solutions, Inc.'s net income was -$15.64 M.
See ReTo Eco-Solutions, 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
|
FY-2015
|
FY-2014
|
| 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 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$3.24 M
|
$6.47 M
|
$3.60 M
|
$9.73 M
|
$29.55 M
|
$37.57 M
|
$35.55 M
|
$32.42 M
|
$17.38 M
|
$13.76 M
|
| Cost of Revenue |
$3.03 M |
$5.67 M |
$3.21 M |
$8.58 M |
$22.19 M |
$20.37 M |
$17.59 M |
$18.27 M |
$9.27 M |
$8.00 M |
| Gross Profit |
$210,072.00 |
$806,665.00 |
$385,729.00 |
$1.16 M |
$7.36 M |
$17.20 M |
$17.96 M |
$14.15 M |
$8.12 M |
$5.76 M |
| Gross Profit Ratio |
0.06 |
0.12 |
0.11 |
0.12 |
0.25 |
0.46 |
0.51 |
0.44 |
0.47 |
0.42 |
| Research and Development
Expenses |
$1.17 M
|
$960,598.00
|
$346,951.00
|
$334,904.00
|
$438,371.00
|
$799,604.00
|
$603,445.00
|
$503,688.00
|
$458,246.00
|
$629,242.00
|
| General & Administrative
Expenses |
$9.41 M
|
$8.59 M
|
$4.62 M
|
$4.64 M
|
$3.95 M
|
$5.27 M
|
$5.31 M
|
$3.88 M
|
$2.61 M
|
$2.20 M
|
| Selling & Marketing
Expenses |
$1.19 M
|
$3.77 M
|
$826,242.00
|
$1.28 M
|
$1.31 M
|
$1.99 M
|
$1.80 M
|
$1.58 M
|
$1.46 M
|
$1.43 M
|
| Selling, General &
Administrative Expenses |
$9.99 M
|
$12.37 M
|
$5.45 M
|
$5.92 M
|
$5.26 M
|
$7.25 M
|
$7.11 M
|
$5.46 M
|
$4.07 M
|
$3.63 M
|
| Other Expenses |
$0.00 |
-$289,630.00 |
-$1.94 M |
$430,730.00 |
$293,996.00 |
$15,456.00 |
$166,997.00 |
$0.00 |
$92,880.00 |
$0.00 |
| Operating Expenses |
$11.55 M |
$13.33 M |
$5.79 M |
$6.26 M |
$5.70 M |
$8.05 M |
$7.71 M |
$5.96 M |
$4.53 M |
$3.81 M |
| Cost And Expenses |
$14.18 M |
$19.00 M |
$9.01 M |
$14.83 M |
$27.89 M |
$28.42 M |
$25.30 M |
$24.24 M |
$13.79 M |
$11.82 M |
| Interest Income |
$25,182.00 |
$3,234.00 |
$1,898.00 |
$857,551.00 |
$4,549.00 |
$5,940.00 |
$966,997.00 |
$1.45 M |
$1.03 M |
$1.07 M |
| Interest Expense |
$420,514.00 |
$321,686.00 |
$103,340.00 |
$1.54 M |
$1.25 M |
$1.07 M |
$1.01 M |
$1.45 M |
$1.03 M |
$0.00 |
| Depreciation &
Amortization |
$924,374.00
|
$1.10 M
|
$1.05 M
|
$869,725.00
|
$2.37 M
|
$1.61 M
|
$1.57 M
|
$1.36 M
|
$1.26 M
|
$966,586.00
|
| EBITDA |
-$14.74 M
|
-$13.98 M
|
-$19.18 M
|
-$2.99 M
|
-$3.23 M
|
$6.37 M
|
$11.99 M
|
$9.27 M
|
$4.94 M
|
$2.47 M
|
| EBITDA Ratio |
-4.55 |
-1.85 |
-1.8 |
-0.24 |
0.15 |
0.29 |
0.34 |
0.29 |
0.28 |
0.18 |
| Operating Income Ratio
|
-3.51
|
-1.93
|
-1.5
|
-0.52
|
0.07
|
0.19
|
0.29
|
0.25
|
0.21
|
0.11
|
| Total Other
Income/Expenses Net |
-$4.74 M
|
-$145,946.00
|
-$12.82 M
|
-$413,776.00
|
-$7.23 M
|
-$1.07 M
|
-$3.42 M
|
-$1.73 M
|
-$939,449.00
|
-$625,640.00
|
| Income Before Tax |
-$16.09 M |
-$15.40 M |
-$20.47 M |
-$14.56 M |
-$11.29 M |
$6.15 M |
$9.41 M |
$6.46 M |
$2.65 M |
$876,146.00 |
| Income Before Tax Ratio
|
-4.97
|
-2.38
|
-5.69
|
-1.5
|
-0.38
|
0.16
|
0.26
|
0.2
|
0.15
|
0.06
|
| Income Tax Expense |
-$16,639.00 |
-$17,562.00 |
$3,469.00 |
$569,974.00 |
$1.01 M |
$1.58 M |
$2.76 M |
$1.95 M |
$295,760.00 |
$207,996.00 |
| Net Income |
-$15.64 M |
-$15.38 M |
-$20.48 M |
-$15.13 M |
-$12.30 M |
$4.48 M |
$5.98 M |
$4.10 M |
$2.31 M |
$650,388.00 |
| Net Income Ratio |
-4.83 |
-2.38 |
-5.69 |
-1.55 |
-0.42 |
0.12 |
0.17 |
0.13 |
0.13 |
0.05 |
| EPS |
-19.44 |
-39.64 |
-78.28 |
-62.72 |
-53.72 |
19.69 |
3.5 |
1.84 |
1.04 |
0 |
| EPS Diluted |
-19.44 |
-39.64 |
-78.28 |
-62.72 |
-53.72 |
19.69 |
3.5 |
1.84 |
1.04 |
0 |
| Weighted Average Shares
Out |
$804,566.00
|
$388,009.00
|
$261,607.00
|
$241,248.00
|
$228,882.00
|
$227,600.00
|
$191,301.00
|
$223,400.00
|
$223,400.00
|
$0.00
|
| Weighted Average Shares
Out Diluted |
$804,566.00
|
$388,009.00
|
$261,607.00
|
$241,248.00
|
$228,882.00
|
$227,600.00
|
$191,301.00
|
$223,400.00
|
$223,400.00
|
$0.00
|
| Link |
|
|
|
|
|
|
|
|
|
|
