Financials in USD. Standardized financial statements.
A compact view of how Trutankless, 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.08M | $242,350 | $3,549 | $73,009 | $246,032 | $1.66M | $1.91M | $1.54M | $695,857 | $429,582 |
| Revenue Growth? | +346.8% | +6728.7% | -95.1% | -70.3% | -85.2% | -13.0% | +24.1% | +121.0% | +62.0% | 0.0% |
| Cost of Revenue? | $1.12M | $279,356 | $0 | $22,552 | $127,669 | $1.30M | $1.73M | $1.70M | $530,593 | $490,276 |
| Gross Profit? | -$38,445 | -$37,006 | $3,549 | $50,457 | $118,363 | $356,332 | $177,387 | -$165,650 | $165,264 | -$60,694 |
| Gross Margin? | -3.6% | -15.3% | +100.0% | +69.1% | +48.1% | +21.4% | +9.3% | -10.8% | +23.7% | -14.1% |
| Operating Expenses? | $3.53M | $5.18M | $1.43M | $4.15M | $11.52M | $7.25M | $3.52M | $2.73M | $2.57M | $2.83M |
| Operating Income? | -$3.57M | -$5.22M | -$1.42M | -$4.16M | -$11.04M | -$6.89M | -$3.34M | -$2.89M | -$2.40M | -$2.89M |
| EBITDA? | -$3.49M | -$9.61M | -$1.46M | -$4.05M | -$11.98M | -$8.86M | -$3.48M | -$2.89M | -$2.40M | -$2.86M |
| Income Before Tax | -$4.75M | -$10.19M | -$2.04M | -$4.76M | -$17.01M | -$10.57M | -$4.89M | -$3.54M | -$2.87M | -$3.27M |
| Income Tax Expense | $0 | $0 | $0 | $26,489 | $0 | $0 | $0 | $5 | $0 | $0 |
| Net Income? | -$4.75M | -$10.19M | -$2.04M | -$4.65M | -$17.38M | -$10.57M | -$4.89M | -$3.54M | -$2.87M | -$3.27M |
| EPS? | $-0.04 | $-0.11 | $-0.07 | $-0.23 | $-1.38 | $-1.40 | $-1.27 | $-0.92 | $-0.92 | $-1.24 |
| Diluted EPS? | $-0.04 | $-0.11 | $-0.07 | $-0.23 | $-1.38 | $-1.40 | $-1.27 | $-0.92 | $-0.92 | $-1.24 |
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