Intelligent Living Application Group Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.5M | $7.5M | $6.4M | $12.2M | $12.5M | $11.2M |
| Cost of Revenue | $4.0M | $5.8M | $5.5M | $10.0M | $11.2M | $9.6M |
| Gross Profit | $129.8K | $1.3M | $633.3K | $2.2M | $1.3M | $1.6M |
| Gross Margin | 2.9% | 17.5% | 9.9% | 18.0% | 10.5% | 14.1% |
| Operating Expenses | ||||||
| Research & Development | $1.7M | $649.8K | — | — | — | — |
| SG&A Expense | $14.8M | $3.4M | $4.4M | $4.2M | $2.9M | $2.4M |
| Operating Income | $-19.4M | $-3.9M | $-3.9M | $-2.3M | $-1.8M | $-1.0M |
| Operating Margin | -430.7% | -51.6% | -60.8% | -18.6% | -14.3% | -9.2% |
| Interest Expense | $46.9K | $16.6K | $18.9K | $26.8K | $48.9K | $19.6K |
| Pretax Income | $-19.3M | $-3.6M | $-3.4M | $-1.7M | $-1.4M | $-1.0M |
| Income Tax Expense | $25.9K | $83.2K | $56.2K | $0 | $0 | $0 |
| Net Income | $-19.3M | $-3.7M | $-3.5M | $-1.7M | $-1.4M | $-1.0M |
| Net Margin | -430.6% | -49.2% | -54.7% | -13.6% | -11.1% | -9.0% |
| EPS (Basic) | $-9.50 | $-2.04 | $-1.94 | $-0.11 | $-0.11 | $-0.08 |
| EPS (Diluted) | $-9.50 | $-2.04 | $-1.94 | $-0.11 | $-0.11 | $-0.08 |
| Shares Outstanding (Basic) | 2.0M | 1.8M | 1.8M | 15.3M | 13.0M | 13.0M |
| Shares Outstanding (Diluted) | 2.0M | 1.8M | 1.8M | 15.3M | 13.0M | 13.0M |
| Dividends Per Share | — | — | — | — | — | — |