Abits Group Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $9.1M | $6.7M | $1.7M | $164.4K | $219.3K | $946.5K | $370.4K |
| Cost of Revenue | $5.5M | $3.3M | $455.5K | $361.5K | — | — | — |
| Gross Profit | $3.7M | $3.4M | $1.2M | $-197.1K | — | — | — |
| Gross Margin | 40.3% | 50.3% | 72.9% | -119.8% | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $2.5M | $2.1M | $1.5M | $2.5M | $1.9M | $873.8K | $900.1K |
| Operating Income | $3.7M | $3.4M | $1.2M | $-197.1K | $-2.9M | $72.7K | $-529.7K |
| Operating Margin | 40.3% | 50.3% | 72.9% | -119.8% | -1,306.8% | 7.7% | -143.0% |
| Interest Expense | — | — | — | — | $62.0K | — | — |
| Pretax Income | $-2.8M | $-798.3K | $-12.6M | $-21.5M | $-2.7M | $72.7K | $300.5K |
| Income Tax Expense | $103.3K | $111.4K | $0 | — | — | — | — |
| Net Income | $-2.9M | $-909.7K | $-12.6M | $-21.5M | $-2.7M | $72.7K | $300.5K |
| Net Margin | -31.4% | -13.6% | -748.4% | -13,087.9% | -1,249.2% | 7.7% | 81.1% |
| EPS (Basic) | $-1.21 | $-0.39 | $-5.32 | $-9.56 | $-0.15 | $0.00 | $0.01 |
| EPS (Diluted) | $-1.21 | $-0.39 | $-5.32 | $-9.56 | $-0.15 | $0.00 | $0.01 |
| Shares Outstanding (Basic) | 2.4M | 2.4M | 2.4M | 2.4M | 18.9M | 16.2M | 43.6M |
| Shares Outstanding (Diluted) | 2.4M | 2.4M | 2.4M | 2.4M | 18.9M | 16.2M | 43.6M |
| Dividends Per Share | — | — | — | — | — | — | — |