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Income Statement

GIFTIFY, INC. (GIFT)

GIFTIFY, INC. (GIFT)

source: myfinsight.com
Net loss-$1,241,052 (52.08%↑ Y/Y)Income tax benefit-$125,450 (2.99%↑ Y/Y)cost of sales$17,343,380 (1.75%↑ Y/Y)gross profit$4,403,644 (14.21%↑ Y/Y)Net loss beforeincome taxes-$1,366,502 (49.74%↑ Y/Y)Net sales$21,747,024 (4.05%↑ Y/Y)Loss from operations-$1,253,964 (51.35%↑ Y/Y)Total other income(expenses)-$112,538 (20.52%↑ Y/Y)Gross profit$4,403,644 (14.21%↑ Y/Y)Interest income$4,187 (135.62%↑ Y/Y)Cost of sales$17,343,380 (1.75%↑ Y/Y)Total operatingexpenses$5,657,608 (-12.06%↓ Y/Y)Interest expense$116,725 (-18.59%↓ Y/Y)Selling, general andadministrative expenses$4,978,565 (-12.88%↓ Y/Y)Amortization of intangibleassets$550,849 (-1.12%↓ Y/Y)Amortization of capitalizedsoftware costs$128,194 (-20.64%↓ Y/Y)