KAIVAL BRANDS INNOVATIONS GROUP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $484.7K | $6.9M | $13.1M | $12.8M | $58.8M | $64.3M |
| Cost of Revenue | — | $4.3M | $10.5M | $11.5M | $46.8M | $54.3M |
| Gross Profit | $484.7K | $2.6M | $2.6M | $1.2M | $11.9M | $10.1M |
| Gross Margin | 100.0% | 37.8% | 19.7% | 9.7% | 20.3% | 15.6% |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $7.3M | $7.6M | $10.8M | $13.0M | $19.2M | $2.4M |
| Operating Income | $-16.6M | $29.8M | $23.8M | $4.5M | $4.0M | $1.8M |
| Operating Margin | -3,435.1% | 432.7% | 181.9% | 35.3% | 6.8% | 2.8% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $-16.6M | $-6.7M | $-11.1M | $-14.4M | $-10.5M | $5.4M |
| Income Tax Expense | $-18.9K | $19.7K | $2.3K | $-18.3K | $-1.4M | $-1.5M |
| Net Income | $-16.6M | $-6.7M | $-11.1M | $-14.4M | $-9.0M | $3.8M |
| Net Margin | -3,431.2% | -97.3% | -85.1% | -112.6% | -15.4% | 6.0% |
| EPS (Basic) | $-1.51 | $-0.54 | $-1.38 | $-2.53 | $-0.13 | $0.03 |
| EPS (Diluted) | $-1.51 | $-0.54 | $-1.38 | $-2.53 | $-0.13 | $0.03 |
| Shares Outstanding (Basic) | 11.0M | 12.9M | 8.2M | 5.7M | 90.6M | 69.3M |
| Shares Outstanding (Diluted) | 11.0M | 12.9M | 8.2M | 5.7M | 90.6M | 69.3M |
| Dividends Per Share | — | — | — | — | — | — |