Name: Infobird Co., Ltd (IFBD) Financial Statements
Creator: FinSpry

Infobird Co. Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Infobird Co., Ltd income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	1.44	0.28	0.00	0.00	14.53
Cost of Revenue	0.85	0.13	0.00	0.00	4.72
Gross Profit	0.59	0.15	0.00	0.00	9.81
Operating Expenses
Research & Development	0.02	0.00	0.00	3.27	1.90
Selling, General & Administrative	2.31	3.31	0.90	0.80	3.55
Operating Expenses	2.33	3.31	0.90	0.80	5.45
Operating Income	-1.73	-3.16	-0.90	-0.80	4.37
Other Income/Expense
Interest Income	0.20	0.00	0.00	0.00	0.01
Interest Expense	-0.55	-0.74	-1.25	0.00	-0.21
Other Income/Expense	0.00	-17.55	-0.39	0.17	0.18
Income
Income Before Tax	-2.08	-21.44	-2.54	-0.63	4.35
Income Tax Expense	0.02	0.00	0.00	0.00	0.29
Net Income	-2.10	-2.58	-15.27	-13.87	4.00
Net Income - Continuous Operations	-2.10	-21.44	-2.54	-0.63	0.00
Net Income - Discontinued Operations	0.00	18.57	-13.65	-13.59	0.00
EBITDA	-1.66	-2.57	-0.31	-0.63	4.49
EBIT	-1.73	-3.16	-0.90	-0.63	4.37
Depreciation & Amortization	0.08	0.59	0.59	1.06	0.12
Earnings Per Share
Basic EPS	-1.00	-7.00	-2123.00	-2369.00	-
Diluted EPS	-1.00	-7.00	-2123.00	-2369.00	-
Basic Shares Outstanding	2.00	0.39	0.01	0.01	0.00
Diluted Shares Outstanding	2.00	0.39	0.01	0.01	0.00