Financial insights of ELAB

MyFinsight

For the year ending 2025-12-31, ELAB made $590,084 in revenue. -$7,749,815 in net income. Net profit margin of -1313.34%.

Income Statement	2025-12-31
Total revenue	590,084
Cost of goods sold	404,770
Gross margin	185,314
Bad debt expense	55,380
Depreciation and amortization	96,145
Marketing and promotion	200,940
Consulting fees	1,769,505
Office and administrative	2,238,660
Professional fees	1,423,021
Investor relations	253,333
Research and development	147,010
Repairs and maintenance	717,654
Foreign exchange (gain) loss	-5,238
Travel and entertainment	160,376
Total operating expenses	7,067,262
Finance cost on eloc	289,498
Change in fair value of derivative liabilities	-214,167
Gain on the termination of intangible assets	129,613
Loss on disposal of pp&e	-32,432
Gain on extinguishment of related-party debt	31,261
Interest income	118,030
Interest expense	257,630
Impairment on prepaid expense	500,000
Dividend income	15,550
Other income	33,079
Realized gain (loss) on investments	-113,917
Unrealized gain (loss) on investments	-216,043
Loss from continuing operations before tax	-7,749,768
Deferred tax expense	30,972
Net loss from continuing operations	-7,780,740
Revenue	152,381
Cost of goods sold	30,530
Gross profit	121,851
Depreciation	517
Marketing and promotion	6,924
Office and administrative	56,763
Professional fees	50,460
Research and development	16,921
Foreign exchange (gain) loss	-1,874
Travel and entertainment	10,726
Total expenses	144,185
Other income	94,937
Loss on the sale of skincare	39,676
Income (loss) from discontinued operations	32,927
Total net loss	-7,747,813
Currency translation adjustment	-2,002
Total comprehensive loss	-7,749,815

Basic Average Shares	20,352