For the quarter ending 2024-06-30, JEWL made $179,774 in revenue. -$2,194,776 in net income. Net profit margin of -1220.85%.
| Income Statement | 2024-06-30 | 2024-03-31 | ||
|---|---|---|---|---|
| Diamond sales | 179,774 | 11,468 | ||
| Cost of revenues | 161,273 | 13,710 | ||
| Gross profit | 18,501 | -2,242 | ||
| Depreciation and amortization | 29,771 | 29,771 | ||
| Employee salaries and related expenses | 391,396 | 1,691,454 | ||
| Selling, general and administrative | 1,523,258 | 2,000,422 | ||
| Operating expenses default label | 1,944,425 | 3,721,647 | ||
| Operating income (loss) | -1,925,924 | -3,723,889 | ||
| Change in fair value of derivative liability | -427,626 | - | ||
| Finance costs | 571,680 | - | ||
| Interest expense | 179,182 | - | ||
| Gain (loss) on termination of lease | 54,384 | - | ||
| Other expenses | 268,852 | 1,178,657 | ||
| Income (loss) from continuing operations before income taxes, noncontrolling interest | -2,194,776 | -4,902,546 | ||
| Net loss | -2,194,776 | -4,902,546 | ||
| Basic & diluted eps | -0.07 | -0.15 | ||
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