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Income Statement
Nova Lifestyle, Inc. (NVFY)
source: myfinsight.com
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Net loss and
comprehensive loss
-$313,638
(44.43%↑ Y/Y)
Net loss
-$289,907
(48.55%↑ Y/Y)
Foreign currency
translation
-$23,731
(-2510.67%↓ Y/Y)
Income tax benefit
(expense)
-$997
(-120.45%↓ Y/Y)
Loss before income
taxes
-$290,904
(47.92%↑ Y/Y)
Net sales
$2,556,223
(-4.92%↓ Y/Y)
Total other expenses,
net
-$94,410
(-54.90%↓ Y/Y)
Loss from operations
-$196,494
(60.52%↑ Y/Y)
Non-operating income
$376
(-67.64%↓ Y/Y)
Gross profit
$1,284,047
(7.45%↑ Y/Y)
Cost of sales
$1,272,176
(-14.82%↓ Y/Y)
Financial expense
$55,796
(9.19%↑ Y/Y)
Foreign exchange
transaction income (loss)
-$28,063
(-1077.63%↓ Y/Y)
Interest expense, net
-$10,927
(-26.68%↓ Y/Y)
Total operating
expenses
$1,480,541
(-12.53%↓ Y/Y)
Research and development
$520
(200.39%↑ Y/Y)
General and
administrative expenses
$1,170,842
(-9.09%↓ Y/Y)
Selling expenses
$309,179
(-23.70%↓ Y/Y)
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