Accredited Solutions, Inc.
Income Statement
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $688.9K | $483.0K | $0 | $415.8K | $260.0K | $0 | $0 |
| Cost of Revenue | $550.8K | $387.9K | $0 | $342.8K | $219.8K | — | — |
| Gross Profit | $138.1K | $95.1K | $0 | $73.0K | $40.2K | — | — |
| Gross Margin | 20.0% | 19.7% | — | 17.5% | 15.5% | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $261.0K | $275.2K | $0 | $423.8K | — | $350.4K | $486.7K |
| Operating Income | $-148.8K | $-206.3K | $0 | $-1.3M | $-154.1K | $-2.0M | $-1.5M |
| Operating Margin | -21.6% | -42.7% | — | -316.3% | -59.3% | — | — |
| Interest Expense | $398.8K | $783.2K | $0 | $67.7K | $342.0K | $-274 | $0 |
| Pretax Income | — | — | — | — | — | — | $-1.5M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | — | — |
| Net Income | $-1.5M | $-31.7K | $-30 | $-1.5M | $-1.7M | $-2.0M | $-1.5M |
| Net Margin | -216.1% | -6.6% | — | -351.6% | -653.0% | — | — |
| EPS (Basic) | — | — | — | $-0.08 | $-1.00 | $-0.02 | $-0.01 |
| EPS (Diluted) | — | — | — | $-0.08 | $-1.00 | $-0.02 | $-0.01 |
| Shares Outstanding (Basic) | 678.8M | 339.3M | 102.5M | 22.3M | 2.0M | 90.0M | 116.8M |
| Shares Outstanding (Diluted) | 678.8M | 339.3M | 102.5M | 22.3M | 2.0M | 90.0M | 116.8M |
| Dividends Per Share | — | — | — | — | — | — | — |