cnfn: the income statement

MyFinsight

For the quarter ending 2025-03-31, CNFN made $5,894,904 in revenue. -$2,503,610 in net income. Net profit margin of -42.47%.

Unit: Dollar

Income Statement	2025-03-31	2024-09-30	2024-06-30
Net revenues	5,894,904	6,771,741	5,893,962
Cost of revenue	6,293,044	2,394,994	4,878,001
Gross income (loss)	-398,140	4,376,747	1,015,961
Selling, general and administrative	2,080,197	2,740,385	1,546,949
Total operating expenses	2,080,197	2,740,385	1,546,949
Income (loss) from operations	-2,478,337	1,636,362	-530,988
Interest income	-	51	74
Other income	28,975	-	-
Interest expense	54,248	663,513	720,424
Total other income (expense), net	-25,273	-663,462	-720,350
Net loss	-2,503,610	972,900	-1,251,338
Preferred stock interest	-	-	60,000
Net loss available to common shareholders	-	-	-1,311,338

Basic & diluted average shares	-	-	82,210,664