Turbo Energy (TURB) Income Statement: Revenue & Earnings

Turbo Energy Income Statement Analysis

Revenue, earnings, and profit margins in millions EUR

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Turbo Energy, S.A. income statement - Annual data in millions EUR
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	9.42	13.10	31.15	17.15
Cost of Revenue	9.08	12.04	26.55	14.90
Gross Profit	0.34	1.06	4.60	2.25
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00
Selling, General & Administrative	4.03	3.27	2.79	1.67
Operating Expenses	4.17	3.62	2.91	1.78
Operating Income	-3.83	-2.56	1.69	0.48
Other Income/Expense
Interest Income	0.06	0.00	0.00	0.00
Interest Expense	0.38	0.41	0.31	-0.14
Other Income/Expense	-0.33	-0.17	0.01	-0.09
Income
Income Before Tax	-4.48	-3.13	1.40	0.35
Income Tax Expense	-1.14	-1.12	0.37	0.08
Net Income	-3.34	-2.01	1.03	0.27
Net Income - Continuous Operations	-3.34	-2.01	1.03	0.27
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00
EBITDA	-3.98	-2.60	1.75	0.48
EBIT	-4.10	-2.72	1.70	0.48
Depreciation & Amortization	0.12	0.13	0.04	0.00
Earnings Per Share
Basic EPS	-	-	-	-
Diluted EPS	-	-	-	-
Basic Shares Outstanding	11.02	10.29	11.02	10.02
Diluted Shares Outstanding	11.02	10.29	11.02	10.02