FUSE GROUP HOLDING INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $45.9K | $332.0K | $0 | $200.0K | $700.0K | $750.0K | $1.2M | $0 |
| Cost of Revenue | $0 | $0 | $0 | $10.0K | $81.1K | $201.5K | $277.4K | $0 |
| Gross Profit | $45.9K | $332.0K | $0 | $190.0K | $618.9K | $548.5K | $938.6K | $0 |
| Gross Margin | 100.0% | 100.0% | — | 95.0% | 88.4% | 73.1% | 77.2% | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | $1.5M |
| SG&A Expense | $323.8K | $345.7K | $393.1K | $551.2K | $605.6K | $523.1K | $450.4K | $632.6K |
| Operating Income | $-277.9K | $-33.4K | $-455.1K | $-433.7K | $-1.1M | $-45.3K | $-77.8K | $-4.1M |
| Operating Margin | -604.8% | -10.0% | — | -216.8% | -152.3% | -6.0% | -6.4% | — |
| Interest Expense | — | — | $17.3K | $8.5K | $4.1K | $992 | $0 | $157.4K |
| Pretax Income | $-281.3K | $-38.0K | $-472.4K | $-442.1K | $-1.0M | $-47.4K | $-78.9K | $-4.2M |
| Income Tax Expense | $2.4K | $2.4K | $2.4K | $2.4K | $2.4K | $4.0K | $800 | $800 |
| Net Income | $-283.7K | $-40.4K | $-474.8K | $-444.5K | $-1.0M | $-51.4K | $-79.7K | $-4.2M |
| Net Margin | -617.5% | -12.2% | — | -222.2% | -146.3% | -6.9% | -6.6% | — |
| EPS (Basic) | $-0.02 | $0.00 | $-0.04 | — | $-0.02 | $0.00 | $0.00 | $-0.08 |
| EPS (Diluted) | $-0.02 | $0.00 | — | — | $-0.02 | $0.00 | $0.00 | $-0.08 |
| Shares Outstanding (Basic) | 13.3M | 13.3M | 13.0M | 64.8M | 64.8M | 64.8M | 64.8M | 64.8M |
| Shares Outstanding (Diluted) | 13.3M | 13.3M | 13.0M | 64.8M | 64.8M | 64.8M | 64.8M | 64.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |