Grand Gallery Inc.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4K | $618.2K | $14.1M | $9.3M | $4.4M | $671.3K | $733.2K | $773.5K |
| Cost of Revenue | $3.8K | $386.2K | $3.0M | $1.8M | $839.7K | $570.2K | $602.7K | $510.2K |
| Gross Profit | $2.6K | $232.0K | $11.0M | $8.3M | $3.5M | $101.1K | $130.4K | $263.3K |
| Gross Margin | 40.0% | 37.5% | 78.5% | 89.1% | 80.7% | 15.1% | 17.8% | 34.0% |
| Operating Expenses | ||||||||
| Research & Development | — | $867.2K | $26.9M | $9.2M | $0 | — | — | — |
| SG&A Expense | $272.7K | $10.7M | $10.4M | $16.1M | $3.1M | $780.6K | $239.8K | $374.1K |
| Operating Income | $-276.5K | $-10.7M | $-96.7M | $-24.1M | $-260.0K | $-679.5K | $-109.3K | $-110.8K |
| Operating Margin | -4,315.5% | -1,729.9% | -687.6% | -258.4% | -6.0% | -101.2% | -14.9% | -14.3% |
| Interest Expense | — | — | $949.8K | $733.9K | $0 | $2.3K | $2.3K | $2.3K |
| Pretax Income | $10.1M | $-11.0M | $-102.6M | $-24.7M | $461.7K | $-673.3K | $447.2K | $-112.9K |
| Income Tax Expense | — | — | $-3.3K | $434.3K | $-6.1K | $-4.9K | $1.8K | $14.7K |
| Net Income | $4.7M | $-77.3M | $-101.7M | $-25.0M | $467.7K | $-683.5K | $5.8K | $-127.6K |
| Net Margin | 73,227.0% | -12,510.7% | -723.2% | -268.4% | 10.7% | -101.8% | 0.8% | -16.5% |
| EPS (Basic) | $0.00 | $-0.06 | $-0.09 | $-0.02 | $0.00 | $-0.01 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $-0.06 | $-0.09 | $-0.02 | $0.00 | $-0.01 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 4.30B | 1.34B | 1.12B | 1.02B | 1.00B | 64.6M | 64.5M | 64.5M |
| Shares Outstanding (Diluted) | 4.30B | 1.34B | 1.12B | 1.02B | 1.00B | 64.6M | 64.5M | 64.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |