Smart for Life, Inc. (SMFL) Financials

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Last update: 07:00 PM EST
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$20M$20M$10M$10M$0$0-$10M-$10M-$20M-$20M-$30M-$30MEarning2019201920202020202120212022202220232023-50%-50%-100%-100%-150%-150%-200%-200%-250%-250%-300%-300%Profit Margin
Profit Margin
Revenue
Earnings

SMFL Income statement / Annual

Last year (2023), Smart for Life, Inc.'s total revenue was $8.23 M, a decrease of 53.70% from the previous year. In 2023, Smart for Life, Inc.'s net income was -$22.68 M. See Smart for Life, Inc.,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 $8.23 M $17.77 M $9.02 M $1.96 M $2.36 M
Cost of Revenue $5.14 M $12.89 M $6.12 M $1.83 M $2.32 M
Gross Profit $3.09 M $4.88 M $2.90 M $127.97 K $48.19 K
Gross Profit Ratio 0.38 0.27 0.32 0.07 0.02
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $9.82 M $8.97 M $7.42 M $1.86 M $2.28 M
Selling & Marketing Expenses $361.82 K $2.17 M $1.02 M $36.59 K $28.31 K
Selling, General & Administrative Expenses $6.57 M $8.97 M $7.42 M $1.86 M $2.28 M
Other Expenses $13.68 M $8.07 M $717.93 K $166.61 K $169.38 K
Operating Expenses $20.25 M $17.04 M $8.14 M $2.03 M $2.45 M
Cost And Expenses $25.38 M $29.97 M $14.26 M $3.86 M $4.77 M
Interest Income $0.00 $15.92 M $2.51 M $1.25 M $624.49 K
Interest Expense $4.63 M $15.92 M $2.51 M $1.25 M $624.49 K
Depreciation & Amortization $2.27 M $2.15 M $717.93 K $166.61 K $169.38 K
EBITDA -$14.21 M -$10.06 M -$4.54 M -$1.75 M -$2.22 M
EBITDA Ratio -1.73 -0.57 -0.5 -0.89 -0.94
Operating Income Ratio -2.09 -0.67 -0.58 -0.97 -1.02
Total Other Income/Expenses Net -$3.96 M -$16.23 M -$2.52 M -$1.27 M -$611.20 K
Income Before Tax -$21.12 M -$29.98 M -$7.77 M -$3.17 M -$3.02 M
Income Before Tax Ratio -2.57 -1.69 -0.86 -1.62 -1.27
Income Tax Expense $0.00 $1.85 M $2.50 M $1.24 M $145.02 K
Net Income -$22.68 M -$29.98 M -$10.26 M -$4.41 M -$3.16 M
Net Income Ratio -2.76 -1.69 -1.14 -2.25 -1.34
EPS -377.93 -7176.75 0 0 -386.27
EPS Diluted -377.93 -7176.75 0 0 -386.27
Weighted Average Shares Out $60.00 K $4.18 K $6.53 K $1.91 K $6.53 K
Weighted Average Shares Out Diluted $60.00 K $4.18 K $6.53 K $1.91 K $6.53 K
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