Microalliance Group Inc.
Income Statement
| Line Item | FY2021 | FY2020 | FY2019 |
|---|---|---|---|
| Revenue | $37.4M | $1.2M | $2.1M |
| Cost of Revenue | $10.4M | $176.4K | $275.9K |
| Gross Profit | $27.0M | $1.0M | $1.8M |
| Gross Margin | 72.1% | 85.2% | 86.9% |
| Operating Expenses | |||
| Research & Development | $44.4K | $98.9K | $99.7K |
| SG&A Expense | $1.5M | $1.5M | $2.0M |
| Operating Income | $24.9M | $-609.9K | $-332.2K |
| Operating Margin | 66.5% | -51.1% | -15.8% |
| Interest Expense | — | — | — |
| Pretax Income | $24.9M | $-608.2K | $-345.7K |
| Income Tax Expense | $6.2M | $19.7K | $5.9K |
| Net Income | $18.7M | $-627.9K | $-305.1K |
| Net Margin | 49.9% | -52.6% | -14.5% |
| EPS (Basic) | $0.03 | $0.00 | $0.00 |
| EPS (Diluted) | $0.03 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 603.5M | 600.0M | 600.0M |
| Shares Outstanding (Diluted) | 703.5M | 700.0M | 700.0M |
| Dividends Per Share | — | — | — |