TROOPS, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.1M | $10.1M | $3.6M | $3.9M | $3.7M | $4.3M | $5.1M | $1.6M |
| Cost of Revenue | $15.5M | $8.1M | $2.8M | $3.1M | $3.3M | $5.4M | $2.4M | $1.3M |
| Gross Profit | $1.6M | $1.9M | $776.0K | $822.0K | $360.0K | $-1.1M | $2.7M | $313.0K |
| Gross Margin | 9.1% | 19.3% | 21.7% | 21.2% | 9.8% | -24.8% | 53.5% | 19.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $17.9M | $4.0M | $2.8M | $2.2M | $2.7M | $2.6M | $4.2M | $2.2M |
| Operating Income | $-29.5M | $-5.7M | $-1.8M | $-536.0K | $-8.8M | $-67.3M | $-732.0K | $-2.5M |
| Operating Margin | -172.8% | -56.9% | -50.5% | -13.8% | -239.1% | -1,568.6% | -14.3% | -156.8% |
| Interest Expense | — | — | $62.0K | $59.0K | $103.0K | $1.0M | $0 | $58.0K |
| Pretax Income | $-29.4M | $-13.4M | $-1.9M | $-402.0K | $-8.5M | $-68.2M | $-533.0K | $-1.9M |
| Income Tax Expense | $-1.5M | $27.0K | $-140.0K | $-56.0K | $-126.0K | $-309.0K | $410.0K | $16.0K |
| Net Income | $-27.9M | $-13.4M | $-1.7M | $-346.0K | $-8.4M | $-67.9M | $-19.4M | $-12.4M |
| Net Margin | -163.2% | -133.2% | -48.2% | -8.9% | -228.4% | -1,582.1% | -379.3% | -788.0% |
| EPS (Basic) | $-0.23 | $-0.13 | $-0.02 | $-0.01 | $-0.08 | $-0.69 | $-0.24 | $-0.18 |
| EPS (Diluted) | $-0.23 | $-0.13 | $-0.02 | $-0.01 | $-0.08 | $-0.69 | $-0.24 | $-0.18 |
| Shares Outstanding (Basic) | 120.7M | 102.2M | 101.6M | 101.6M | 101.6M | 98.1M | 79.2M | 70.2M |
| Shares Outstanding (Diluted) | 120.7M | 102.2M | 101.6M | 101.6M | 101.6M | 98.1M | 79.2M | 70.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |