Financials in USD. Standardized financial statements.
A compact view of how Zhongchao 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? | $11.37M | $15.86M | $19.43M | $14.15M | $16.30M | $17.99M | $14.88M | $12.87M | $9.82M |
| Revenue Growth? | -28.3% | -18.4% | +37.3% | -13.2% | -9.4% | +20.9% | +15.7% | +31.1% | 0.0% |
| Cost of Revenue? | $6.54M | $6.95M | $10.92M | $7.79M | $6.86M | $6.12M | $4.66M | $4.46M | $3.97M |
| Gross Profit? | $4.83M | $8.91M | $8.51M | $6.36M | $9.44M | $11.87M | $10.23M | $8.41M | $5.85M |
| Gross Margin? | +42.5% | +56.2% | +43.8% | +44.9% | +57.9% | +66.0% | +68.7% | +65.4% | +59.6% |
| Operating Expenses? | $11.02M | $9.25M | $21.80M | $9.31M | $9.76M | $7.38M | $6.58M | $5.13M | $4.80M |
| Operating Income? | -$6.19M | -$341,267 | -$13.28M | -$2.95M | -$320,741 | $4.49M | $3.64M | $3.27M | $1.05M |
| EBITDA? | -$5.87M | $87,951 | -$4.49M | -$2.22M | $382,236 | $4.89M | $3.88M | $3.30M | $1.06M |
| Income Before Tax | -$5.77M | $61,756 | -$11.98M | -$2.55M | -$110,753 | $4.94M | $4.39M | $3.50M | $1.34M |
| Income Tax Expense | $46,182 | $335,169 | -$669,760 | $272,313 | -$349,418 | $484,787 | $387,144 | $502,131 | -$153,953 |
| Net Income? | -$6.31M | -$643,229 | -$11.34M | -$2.94M | $238,665 | $4.46M | $4.05M | $3.02M | $1.53M |
| EPS? | $-1.85 | $-0.96 | $-34.80 | $-9.04 | $0.77 | $14.32 | $12.64 | $9.68 | $4.88 |
| Diluted EPS? | $-1.85 | $-0.96 | $-34.80 | $-9.04 | $0.77 | $14.32 | $12.64 | $9.68 | $4.88 |
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