For the year ending 2024-12-31, SRM made $4,311,382 in revenue. -$4,339,345 in net income. Net profit margin of -100.65%.
| Income Statement | 2024-12-31 | 2023-12-31 | ||
|---|---|---|---|---|
| Sales | 4,311,382 | 5,760,533 | ||
| Cost of sales | 3,456,151 | 4,443,083 | ||
| Gross profit | 855,231 | 1,317,450 | ||
| General and administrative expenses | 5,190,028 | 3,354,382 | ||
| Operating loss | -4,334,797 | -2,036,932 | ||
| Interest expense | - | 55,847 | ||
| Interest income | 27,621 | 38,920 | ||
| Interest expense | 32,169 | - | ||
| Total other income (expense) | -4,548 | -16,927 | ||
| Net (loss) | -4,339,345 | -2,053,859 | ||
| Basic EPS | -0.37 | -0.27 | ||
| Diluted EPS | -0.37 | -0.27 | ||
| Basic Average Shares | 11,623,191 | 7,688,523 | ||
| Diluted Average Shares | 11,623,191 | 7,688,523 | ||
SRM Entertainment, Inc. (SRM)
SRM Entertainment, Inc. (SRM)