Financials in USD. Standardized financial statements.
A compact view of how Life Clips, Inc. turns revenue into operating income and net income.
| Metric | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $50,000 | $0 | $0 | $85,409 | $3,064 | $534 | $81,550 | $98,757 | $10,000 |
| Revenue Growth? | 0.0% | 0.0% | -100.0% | +2687.5% | +473.8% | -99.3% | -17.4% | +887.6% | 0.0% |
| Cost of Revenue? | $599.59B | $326.61B | $385.37B | $0 | $109,289 | $71,903 | $18,000 | $6,840 | $0 |
| Gross Profit? | $0 | $0 | $0 | $85,409 | -$106,000 | -$71,369 | $63,550 | $91,917 | $10,000 |
| Gross Margin? | 0.0% | 0.0% | 0.0% | +100.0% | -3459.5% | -13365.0% | +77.9% | +93.1% | +100.0% |
| Operating Expenses? | $599,590 | $326,614 | $385,369 | $403,885 | $1.44M | $2.15M | $104,519 | $149,148 | $10,000 |
| Operating Income? | -$550,000 | -$327,000 | -$385,000 | -$318,000 | -$1.60M | -$2.25M | -$40,969 | -$57,231 | -$10,000 |
| EBITDA? | -$550,000 | -$327,000 | -$385,000 | -$318,000 | -$1.55M | -$2.22M | -$38,672 | -$57,431 | -$10,000 |
| Income Before Tax | -$3.48M | -$10.74M | $5.26M | -$7.95M | $4.58M | -$19.71M | -$40,964 | -$57,031 | -$10,000 |
| Income Tax Expense | $568,168 | $395,048 | -$6.13M | -$1.67T | $0 | $49,614 | $0 | $0 | $0 |
| Net Income? | -$4.05M | -$11.13M | $11.39M | -$7.95M | $4.58M | -$19.71M | -$40,964 | -$57,031 | -$10,000 |
| EPS? | $-0.00 | $-0.01 | $0.01 | $-0.01 | $0.05 | $-0.40 | $-0.00 | $-0.00 | $-0.00 |
| Diluted EPS? | $-0.00 | $-0.01 | $0.01 | $-0.01 | $0.05 | $-0.40 | $-0.02 | $-0.00 | $-0.00 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality