MyFinsight

HomeAboutContact
Curious boy with magnifying glass
A worm made of letters APL
A worm made of letters BOA

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2024 MyFinsight. All rights reserved.

Correlate Energy Corp. (CIPI)

For the quarter ending 2024-09-30, CIPI made $4,540,082 in revenue. -$2,294,469 in net income. Net profit margin of -50.54%.

Overview

Revenue
$4,540,082
Net Income
-$2,294,469
Net Profit Margin
-50.54%
EPS
-$0.04
Unit: Dollar

Unit: Dollar
2024-09-30
2024-06-30
Revenues4,540,082 1,863,242
Cost of revenues4,632,496 2,581,146
Gross profit-92,414 -717,904
Stock-based compensation328,025 353,020
Legal and professional426,814 298,963
General and administrative730,764 1,010,913
Depreciation and amortization92,170 92,170
Operating expenses1,577,773 1,755,066
Operating income (loss)-1,670,187 -2,472,970
Other income1,209 3,194
Interest expense, operating and nonoperating20,319 173,271
Loss on disposition of assets-132,497 -
Amortization of debt discount242,675 2,681,275
Financing costs-230,000 -40,000
Nonoperating income (expense)-624,282 -
Loss on settlement of liabilities- 16,861,344
[other nonoperating income (expense)]- -19,752,696
Net loss-2,294,469 -22,225,666
Basic eps- -0.5
Basic average shares- 44,054,993
Diluted eps-0.04 -
Diluted average shares61,507,189 -
Unit: Dollar

Income Statement

DownloadDownload image
Net loss-$2,294,469 Nonoperating income(expense)-$624,282 Operating income (loss)-$1,670,187 Other income$1,209 Financing costs-$230,000 Amortization of debt discount$242,675 Loss on dispositionof assets-$132,497 Interest expense,operating and...$20,319 Gross profit-$92,414 Operating expenses$1,577,773 Revenues$4,540,082 Cost of revenues$4,632,496 Depreciation andamortization$92,170 General andadministrative$730,764 Legal andprofessional$426,814 Stock-based compensation$328,025