ZCMD
Income statement / Annual
Last year (2024), Zhongchao Inc.'s total revenue was $15.86 M,
a decrease of 18.37% from the previous year.
In 2024, Zhongchao Inc.'s net income was -$643.23 K.
See Zhongchao Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$15.86 M |
$19.43 M |
$14.15 M |
$16.30 M |
$17.99 M |
$14.88 M |
$12.87 M |
$9.82 M |
| Cost of Revenue |
$6.95 M
|
$10.92 M
|
$7.79 M
|
$6.86 M
|
$6.12 M
|
$4.66 M
|
$4.46 M
|
$3.97 M
|
| Gross Profit |
$8.91 M
|
$8.51 M
|
$6.36 M
|
$9.44 M
|
$11.87 M
|
$10.23 M
|
$8.41 M
|
$5.85 M
|
| Gross Profit Ratio |
0.56
|
0.44
|
0.45
|
0.58
|
0.66
|
0.69
|
0.65
|
0.6
|
| Research and Development Expenses |
$252.45 K
|
$514.41 K
|
$411.52 K
|
$758.88 K
|
$816.55 K
|
$864.32 K
|
$1.45 M
|
$943.25 K
|
| General & Administrative Expenses |
$4.99 M
|
$6.70 M
|
$6.80 M
|
$5.86 M
|
$3.12 M
|
$2.52 M
|
$1.43 M
|
$1.14 M
|
| Selling & Marketing Expenses |
$4.01 M
|
$6.71 M
|
$2.10 M
|
$3.14 M
|
$3.44 M
|
$3.20 M
|
$2.26 M
|
$2.72 M
|
| Selling, General & Administrative Expenses |
$9.00 M
|
$13.41 M
|
$8.90 M
|
$9.00 M
|
$6.57 M
|
$5.72 M
|
$3.69 M
|
$3.85 M
|
| Other Expenses |
$863.00
|
$7.87 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$37.36 K
|
$0.00
|
| Operating Expenses |
$9.25 M
|
$21.80 M
|
$9.31 M
|
$9.76 M
|
$7.38 M
|
$6.58 M
|
$5.13 M
|
$4.80 M
|
| Cost And Expenses |
$16.21 M
|
$32.72 M
|
$17.11 M
|
$16.62 M
|
$13.50 M
|
$11.24 M
|
$9.59 M
|
$8.77 M
|
| Interest Income |
$243.01 K
|
$237.05 K
|
$142.01 K
|
$175.99 K
|
$146.97 K
|
$211.48 K
|
$191.61 K
|
$17.33 K
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$428.36 K
|
$923.61 K
|
$730.31 K
|
$318.42 K
|
$180.66 K
|
$240.51 K
|
$28.78 K
|
$16.27 K
|
| EBITDA |
$87.95 K |
-$4.49 M |
-$2.22 M |
-$2.32 K |
$4.67 M |
$4.63 M |
$3.30 M |
$1.06 M |
| EBITDA Ratio |
0.01
|
-0.23
|
-0.16
|
-0
|
0.26
|
0.31
|
0.26
|
0.11
|
| Operating Income Ratio |
-0.02
|
-0.68
|
-0.21
|
-0.02
|
0.25
|
0.24
|
0.25
|
0.11
|
| Total Other Income/Expenses Net |
$403.02 K
|
$1.31 M
|
$404.46 K
|
$209.99 K
|
$452.53 K
|
$745.50 K
|
$228.97 K
|
$292.35 K
|
| Income Before Tax |
$61.76 K
|
-$11.98 M
|
-$2.55 M
|
-$110.75 K
|
$4.94 M
|
$4.39 M
|
$3.50 M
|
$1.34 M
|
| Income Before Tax Ratio |
0
|
-0.62
|
-0.18
|
-0.01
|
0.27
|
0.29
|
0.27
|
0.14
|
| Income Tax Expense |
$335.17 K
|
-$669.76 K
|
$272.31 K
|
-$349.42 K
|
$484.79 K
|
$387.14 K
|
$502.13 K
|
-$153.95 K
|
| Net Income |
-$643.23 K
|
-$11.34 M
|
-$2.94 M
|
$238.67 K
|
$4.46 M
|
$4.05 M
|
$3.02 M
|
$1.53 M
|
| Net Income Ratio |
-0.04
|
-0.58
|
-0.21
|
0.01
|
0.25
|
0.27
|
0.23
|
0.16
|
| EPS |
-0.12 |
-4.35 |
-1.13 |
0.0957 |
1.83 |
1.87 |
1.45 |
0.78 |
| EPS Diluted |
-0.12 |
-4.35 |
-1.13 |
0.0957 |
1.83 |
1.87 |
1.45 |
0.78 |
| Weighted Average Shares Out |
$5.21 M
|
$2.60 M
|
$2.60 M
|
$2.49 M
|
$2.44 M
|
$2.16 M
|
$2.08 M
|
$1.96 M
|
| Weighted Average Shares Out Diluted |
$5.21 M
|
$2.60 M
|
$2.60 M
|
$2.49 M
|
$2.44 M
|
$2.16 M
|
$2.08 M
|
$1.96 M
|
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