mvnc: the income statement

MyFinsight

For the quarter ending 2025-09-30, MVNC made $948,104 in revenue. $9,038 in net income. Net profit margin of 0.95%.

Unit: Dollar

Income Statement	2025-09-30	2025-06-30	2024-09-30	2024-06-30
Revenues, net	948,104	889,768	390,275	645
Cost of revenues	556,744	583,878	193,891	12,503
Gross profit	391,360	305,890	196,384	-11,858
Impairment loss of digital assets	-	-	-	-1
General and administrative expenses	327,884	282,700	573,438	654,127
Business development	-	-	-	249,000
Selling and marketing expense	-	-	-	443,930
Oil and gas, full cost method, capitalized cost excluded from amortization, development cost, period cost	-	-	-	227,894
Total operating expenses	327,884	282,700	573,438	1,574,952
Income (loss) from operations	63,476	23,190	-377,054	-1,586,810
Interest income	118	199	-	-
Interest expense	45,977	76,873	-612	650
Change in fair value of marketable securities	-	-	-	-126,614
Gain on debt extinguishment	0	170,000	-	-
Total other (expense) income, net	-45,859	93,326	612	-127,264
Income (loss) before income taxes	17,617	116,516	-376,442	-1,714,074
Income tax expense	12,519	8,715	2,531	-
Net income (loss)	5,098	107,801	-378,973	-1,714,074
Foreign currency adjustment (loss) gain	3,940	-3,121	705	4,358
Comprehensive income (loss)	9,038	104,680	-378,268	-1,709,716

Basic	0	0	0	-0.04
Basic	340,389,151	340,389,151	167,498,301	38,337,971
Diluted	0	0	0	-0.04
Diluted	340,389,151	340,389,151	167,498,301	38,337,971