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abqq: the income statement
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Theater revenue
$291,060
Service revenue related
party
$705,000
Service revenue
$2,898,203
Copyrights sales related
party
$1,294,000
Copyrights sales
$1,180,300
Total revenue
$6,368,563
Income from operations
$1,881,050
Total operating costs
and expenses
-$4,487,513
Income before income
tax benefit
$1,455,448
Total other
(expenses) income
-$425,602
Other income
$12,862
Related party salary and
wages
$499,000
General and
administrative expenses
$630,870
Theatre operating costs
$155,097
Amortization expenses
$1,557,653
Costs of copyrights
sold
-$1,644,893
Net income
$1,455,448
Loss on change in fair
value of warrant...
-$367,444
Interest expense related
parties
-$71,020
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Income Statement
source: myfinsight.com
AB INTERNATIONAL GROUP CORP. (ABQQ)
AB INTERNATIONAL GROUP CORP. (ABQQ)