ADDENTAX GROUP CORP.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $4.2M | $5.2M | $7.9M | $12.7M | $24.7M | $10.2M | $10.0M |
| Cost of Revenue | $4.6M | $3.5M | $4.0M | $6.1M | $10.6M | $25.9M | $8.8M | $8.7M |
| Gross Profit | $757.6K | $634.3K | $1.1M | $1.8M | $2.1M | $-1.2M | $1.4M | $1.3M |
| Gross Margin | — | 15.2% | 21.6% | 23.2% | 16.3% | -4.8% | 13.6% | 12.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.3M | $2.1M | $2.1M | $2.2M | $1.9M | $2.0M | $2.2M | $1.9M |
| Operating Income | $-1.5M | $-1.8M | $-1.1M | $-462.9K | $-57.0K | $-3.6M | $-864.3K | $-683.1K |
| Operating Margin | — | -43.5% | -21.9% | -5.8% | -0.4% | -14.6% | -8.5% | -6.8% |
| Interest Expense | $614.8K | $1.1M | $3.7M | $1.5M | $9.9K | $19.1K | $20.8K | — |
| Pretax Income | $-4.9M | $-5.1M | $-3.1M | $1.3M | $101.5K | $-3.6M | $-964.5K | $-685.8K |
| Income Tax Expense | $4.1K | $4.6K | $11.6K | $22.1K | $23.5K | $25.9K | $16.1K | $8.6K |
| Net Income | $-4.5M | $-5.1M | $-3.1M | $1.3M | $78.0K | $-3.6M | $-980.6K | $-694.3K |
| Net Margin | — | -121.8% | -60.3% | 16.6% | 0.6% | -14.5% | -9.6% | -6.9% |
| EPS (Basic) | $-6.27 | $-12.75 | $-0.71 | $0.04 | $0.00 | $-0.14 | $-0.04 | $-0.03 |
| EPS (Diluted) | $-6.27 | $-12.75 | $-0.71 | $0.04 | $0.00 | $-0.14 | $-0.04 | $-0.03 |
| Shares Outstanding (Basic) | 713.1K | 399.5K | 4.4M | 30.3M | 26.7M | 26.7M | 25.3M | 25.3M |
| Shares Outstanding (Diluted) | 713.1K | 399.5K | 4.4M | 35.7M | 26.7M | 26.7M | 25.3M | 25.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |