For the year ending 2025-12-31, PLAG made $3,040,616 in revenue. -$26,975,710 in net income. Net profit margin of -887.18%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | |
|---|---|---|---|---|
| Net revenues | 3,040,616 | 6,729,937 | 27,120,236 | |
| Cost of revenues | 2,939,679 | 5,968,345 | 25,687,597 | |
| Gross profit | 100,937 | 761,592 | 1,432,639 | |
| Selling and marketing expenses | 32,302 | 41,021 | 898,860 | |
| General and administrative expenses | 17,641,990 | 7,327,677 | 9,036,597 | |
| Research and developing expenses | 70,222 | 57,080 | 269,515 | |
| Total operating expenses | 17,744,514 | 7,425,778 | 10,204,972 | |
| Operating loss | -17,643,577 | -6,664,186 | -8,772,333 | |
| Interest income | 139 | 396 | 1,199 | |
| Interest expenses | 155,538 | 70,542 | 497,306 | |
| Income (loss) from equity method investments | - | - | -10,848,632 | |
| Equity method investment, realized gain (loss) on disposal | - | - | -568,744 | |
| Other income | 32,883 | 90,158 | 183,787 | |
| Other expenses | 14,104 | 813,019 | 306,464 | |
| Total other (expenses) income | -136,620 | -793,007 | -12,036,160 | |
| Loss before income taxes | -17,780,197 | -7,457,193 | -20,808,493 | |
| Income tax expenses | 11,299 | - | 35,303 | |
| Loss from continuing operations | -17,791,496 | -7,457,193 | -20,843,796 | |
| Net income (loss), including portion attributable to noncontrolling interest | - | - | -20,843,796 | |
| Net loss | - | -7,329,056 | -20,843,796 | |
| Foreign currency translation adjustment | - | 417,294 | - | |
| Loss from discontinued operations | -9,184,214 | 128,137 | - | |
| Total comprehensive loss | - | -7,746,350 | - | |
| Net loss attributable to ordinary shareholders of plag | -26,975,710 | - | - | |
| Basic EPS | - | 0.02 | -0.29 | |
| Diluted EPS | - | 0.02 | -0.29 | |
| Basic Average Shares | 8,061,755 | 7,282,714 | 72,081,930 | |
| Diluted Average Shares | 8,061,755 | 7,282,714 | 72,081,930 | |
Planet Green Holdings Corp. (PLAG)
Planet Green Holdings Corp. (PLAG)