Kisses From Italy Inc.
Income Statement
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Revenue | $226.0K | $391.4K | $400.7K | $514.0K | $461.3K | $444.4K | $740.4K |
| Cost of Revenue | $118.0K | $213.1K | $203.1K | $114.1K | $214.4K | $209.6K | $301.0K |
| Gross Profit | $107.9K | $178.3K | $197.5K | $399.9K | $246.9K | $234.9K | $439.5K |
| Gross Margin | 47.8% | 45.6% | 49.3% | 77.8% | 53.5% | 52.8% | 59.4% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $253.8K | $234.8K | $157.3K | $154.5K | $150.3K | $111.8K | $129.3K |
| Operating Income | $-3.6M | $-498.2K | $-4.1M | $-3.2M | $-2.8M | $-356.7K | $-615.1K |
| Operating Margin | -1,576.2% | -127.3% | -1,033.3% | -630.5% | -599.3% | -80.3% | -83.1% |
| Interest Expense | — | — | — | — | $175.0K | $0 | — |
| Pretax Income | $-4.9M | $-860.7K | $-4.9M | $-3.7M | $-3.1M | $-471.0K | $-663.4K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-4.9M | $-847.4K | $-4.9M | $-3.7M | $-3.1M | $-445.4K | $-650.9K |
| Net Margin | -2,156.0% | -216.5% | -1,233.5% | -721.6% | -668.3% | -100.2% | -87.9% |
| EPS (Basic) | $-0.02 | $0.00 | $-0.03 | $-0.03 | $-0.03 | $-0.01 | $-0.01 |
| EPS (Diluted) | $-0.02 | $0.00 | $-0.03 | $-0.03 | $-0.03 | $-0.01 | $-0.01 |
| Shares Outstanding (Basic) | 256.6M | 184.9M | 168.6M | 154.8M | 126.6M | 81.8M | 81.8M |
| Shares Outstanding (Diluted) | 256.6M | 184.9M | 168.6M | 154.8M | 126.6M | 81.8M | 81.8M |
| Dividends Per Share | — | — | — | — | — | — | — |