Accredited Solutions, Inc.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $688.9K | $483.0K | $0 | $415.8K | $260.0K | — | — |
| 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 | — | — | — |
| Operating Income | — | $-148.8K | $-206.3K | $0 | $-1.3M | $-154.1K | $-101.1K | $-1.0K |
| Operating Margin | — | -21.6% | -42.7% | — | -316.3% | -59.3% | — | — |
| Interest Expense | — | $398.8K | $783.2K | $0 | $67.7K | $342.0K | — | — |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | $0 | $0 | $0 | $0 | $0 | — | — |
| Net Income | — | $-1.5M | $-31.7K | $-30 | $-1.5M | $-1.7M | $-101.1K | $-170.3K |
| Net Margin | — | -216.1% | -6.6% | — | -351.6% | -653.0% | — | — |
| EPS (Basic) | — | — | — | — | $-0.08 | $-1.00 | $-0.07 | $0.00 |
| EPS (Diluted) | — | — | — | — | $-0.08 | $-1.00 | $-0.07 | $0.00 |
| Shares Outstanding (Basic) | 1.38B | 678.8M | 339.3M | 102.5M | 22.3M | 2.0M | 1.4M | 143.3M |
| Shares Outstanding (Diluted) | 1.38B | 678.8M | 339.3M | 102.5M | 22.3M | 2.0M | 1.4M | 143.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |