ARVANA INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $68.0K | $68.3K | — | — | — | — | — |
| Cost of Revenue | — | $34.3K | $26.7K | — | — | — | — | — |
| Gross Profit | — | $33.6K | $41.6K | — | — | — | — | — |
| Gross Margin | — | 49.5% | 60.9% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $241.2K | $403.5K | $100.1K | $15.6K | $38.0K | $20.9K | $12.1K |
| Operating Income | — | $-372.6K | $-486.9K | $-165.8K | $-102.7K | $-78.4K | $-52.4K | $-41.9K |
| Operating Margin | — | -548.2% | -713.2% | — | — | — | — | — |
| Interest Expense | — | — | $58.6K | $587 | $19.2K | $51.9K | $102.5K | $63.9K |
| Pretax Income | — | — | — | $-151.4K | $12.1M | $-477.6K | $112.3K | — |
| Income Tax Expense | — | — | — | $0 | $0 | $0 | $0 | $2.1K |
| Net Income | — | $-447.5K | $-1.3M | $-151.4K | $-12.1M | $-477.6K | $112.3K | $93.5K |
| Net Margin | — | -658.4% | -1,928.3% | — | — | — | — | — |
| EPS (Basic) | — | $0.00 | $-0.01 | $0.00 | $-0.11 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | — | $0.00 | $-0.01 | $0.00 | $-0.11 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 108.3M | 107.8M | 107.8M | 107.8M | 103.1M | 101.3M | 55.8M | 55.8M |
| Shares Outstanding (Diluted) | 108.3M | 107.8M | 107.8M | 107.8M | 103.1M | 101.3M | 85.4M | 72.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |