For the year ending 2024-06-30, SMME made $621,716 in revenue. -$681,441 in net income. Net profit margin of -109.61%.
| Income Statement | 2024-06-30 |
|---|---|
| Amortization of patent costs | 2,591 |
| Research and development | 51,767 |
| General and administrative expenses | 203,007 |
| Legal and professional fees | 38,857 |
| Advertising costs | 135,494 |
| Officer's salary | 190,000 |
| Total operating expenses | 621,716 |
| Loss from operations before income taxes | -621,716 |
| Interest & financing expense | 59,725 |
| Net loss | -681,441 |
| Net loss 1 | -681,441 |
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