ARVANA INC.
Income Statement
| Line Item | Sep 2023 | Jun 2023 | Mar 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
| Revenue | $22.6K | $25.6K | $8.0K | $0 | $0 |
| Cost of Revenue | $15.0K | $8.8K | $6.1K | — | — |
| Gross Profit | $7.6K | $16.8K | $1.9K | — | — |
| Gross Margin | 33.7% | 65.7% | 23.6% | — | — |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $93.1K | $102.1K | $106.3K | $42.0K | $4.7K |
| Operating Income | $-105.1K | $-97.7K | $-146.8K | $-47.2K | $-47.5K |
| Operating Margin | -465.6% | -382.1% | -1,834.4% | — | — |
| Interest Expense | $15.6K | $16.5K | $10.6K | $0 | $0 |
| Pretax Income | — | — | — | $-47.2K | $-12.5M |
| Income Tax Expense | — | — | — | $0 | $0 |
| Net Income | $-120.7K | $-114.3K | $-928.4K | $-47.2K | $-12.5M |
| Net Margin | -534.7% | -446.7% | -11,605.0% | — | — |
| EPS (Basic) | $0.00 | $0.00 | $-0.01 | — | $-0.01 |
| EPS (Diluted) | $0.00 | $0.00 | $-0.01 | $0.00 | $-0.01 |
| Shares Outstanding (Basic) | 107.8M | 107.8M | 107.8M | 647.0M | 1.84B |
| Shares Outstanding (Diluted) | 107.8M | 107.8M | 107.8M | 647.0M | 1.84B |
| Dividends Per Share | — | — | — | — | — |