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INNOVATIVE MEDTECH, INC. (IMTH)

For the quarter ending 2024-09-30, IMTH made $428,384 in revenue. -$883,531 in net income. Net profit margin of -206.25%.

Overview

Revenue
$428,384
Net Income
-$883,531
Net Profit Margin
-206.25%
Unit: Dollar
Revenue Breakdown
    • Participant fees
    • Franchise fees

Unit: Dollar
2024-09-30
Revenues428,384
Stock-based compensation28,741
Salaries and wages239,260
Legal and professional fees62,950
General and administrative115,427
Consulting fees808,750
Operating expenses1,255,128
Operating income (loss)-826,744
Other income329
Interest expense, operating and nonoperating29,587
Change in fair value of derivatives-6,443
Amortization of debt discount2,447
Interest expense, related parties18,639
Other nonoperating income (expense)-56,787
Net loss-883,531
Basic & diluted eps-0.03
Unit: Dollar

Income Statement

DownloadDownload image
Net loss-$883,531 Operating income (loss)-$826,744 Other nonoperatingincome (expense)-$56,787 Revenues$428,384 Other income$329 Operating expenses$1,255,128 Interest expense,related parties$18,639 Amortization of debt discount$2,447 Change in fair value ofderivatives-$6,443 Interest expense,operating and...$29,587 Consulting fees$808,750 General andadministrative$115,427 Legal andprofessional fees$62,950 Salaries and wages$239,260 Stock-based compensation$28,741