Financials in USD. Standardized financial statements.
A compact view of how Ovation Science Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $67,831 | $113,215 | $61,934 | $138,154 | $224,949 | $750,010 | $302,382 | $96,408 | $12,545 |
| Revenue Growth? | -40.1% | +82.8% | -55.2% | -38.6% | -70.0% | +148.0% | +213.6% | +668.5% | 0.0% |
| Cost of Revenue? | $380,030 | $27,497 | $7,834 | $2,976 | $36,954 | $201,988 | $18,448 | $13,917 | -$17,563 |
| Gross Profit? | -$312,199 | $85,718 | $54,100 | $135,178 | $187,995 | $548,022 | $283,934 | $82,491 | $30,108 |
| Gross Margin? | -460.3% | +75.7% | +87.4% | +97.8% | +83.6% | +73.1% | +93.9% | +85.6% | +240.0% |
| Operating Expenses? | $285,493 | $564,752 | $749,226 | $927,544 | $1.02M | $1.64M | $1.14M | $495,205 | $63,637 |
| Operating Income? | -$597,688 | -$479,034 | -$695,126 | -$738,684 | -$1.52M | -$934,828 | -$834,312 | -$412,714 | -$51,090 |
| EBITDA? | -$597,688 | -$404,148 | -$778,829 | -$786,733 | -$1.52M | -$1.16M | -$831,739 | -$409,689 | $0 |
| Income Before Tax | -$630,739 | -$456,197 | -$813,149 | -$794,052 | -$2.39M | -$1.18M | -$835,942 | -$508,404 | -$61,541 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $34,077 | $0 | -$96,608 |
| Net Income? | -$630,739 | -$456,197 | -$813,149 | -$794,052 | -$2.39M | -$1.18M | -$835,943 | -$508,404 | -$61,541 |
| EPS? | $-0.02 | $-0.01 | $-0.03 | $-0.03 | $-0.08 | $-0.04 | $-0.04 | $-0.03 | $-0.00 |
| Diluted EPS? | $-0.02 | $-0.01 | $-0.03 | $-0.03 | $-0.08 | $-0.04 | $-0.05 | $-0.03 | $-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