World Scan Project, Inc.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Revenue | $25.2M | $288.1K | $14.5M | $11.8M | $5.0M | — |
| Cost of Revenue | $17.6M | $135.3K | $11.3M | $5.0M | $1.7M | — |
| Gross Profit | $7.6M | $30.9M | $18.1M | $6.8M | $3.3M | — |
| Gross Margin | 30.2% | 10,708.9% | 124.8% | 57.5% | 66.1% | — |
| Operating Expenses | ||||||
| Research & Development | — | $18.7M | — | — | — | — |
| SG&A Expense | $6.3M | $17.6M | $4.3M | $3.5M | $1.5M | — |
| Operating Income | — | — | — | — | $2.0M | — |
| Operating Margin | — | — | — | — | 41.0% | — |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | — | — | — | — | — | — |
| Income Tax Expense | $2.5K | $-2.1M | $4.9M | $1.3M | $714.9K | — |
| Net Income | $-768.4K | $-3.4M | $8.9M | $2.3M | $1.3M | — |
| Net Margin | -3.0% | -1,185.9% | 61.4% | 19.7% | 26.5% | — |
| EPS (Basic) | $-0.07 | $-0.32 | $0.84 | $0.22 | $0.13 | — |
| EPS (Diluted) | $-0.04 | $-0.17 | $0.43 | $0.11 | $0.07 | — |
| Shares Outstanding (Basic) | 11.2M | 10.7M | 10.6M | 10.6M | 10.1M | 10.0M |
| Shares Outstanding (Diluted) | 21.2M | 20.7M | 20.6M | 20.6M | 20.1M | 10.0M |
| Dividends Per Share | — | — | — | — | — | — |