UPAY, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 |
|---|---|---|---|
| Revenue | $778.3K | $572.9K | $340.8K |
| Cost of Revenue | $143.8K | $64.5K | $54.2K |
| Gross Profit | $634.5K | $508.3K | $286.6K |
| Gross Margin | 81.5% | 88.7% | 84.1% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $720.0K | $552.1K | $271.5K |
| Operating Income | $-91.3K | $-49.2K | $10.2K |
| Operating Margin | -11.7% | -8.6% | 3.0% |
| Interest Expense | $291 | $1.9K | $2.1K |
| Pretax Income | $-89.0K | $-49.2K | $8.1K |
| Income Tax Expense | $5.0K | $11.7K | $3.6K |
| Net Income | $-94.0K | $-60.9K | $4.5K |
| Net Margin | -12.1% | -10.6% | 1.3% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 25.9M | 23.9M | 22.9M |
| Shares Outstanding (Diluted) | 25.9M | 23.9M | 22.9M |
| Dividends Per Share | — | — | — |