For the quarter ending 2024-09-30, VEII made $4,387,174 in revenue. $527,622 in net income. Net profit margin of 12.03%.
| Income Statement | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Revenues | 4,387,174 | 4,064,144 | ||
| Cost of revenue | 3,795,514 | 3,424,215 | ||
| Gross profit | 591,660 | 639,929 | ||
| Foreign exchange (loss) gain | 142,352 | 83,163 | ||
| General and administrative expense | 1,164,668 | 851,161 | ||
| Operating income (loss) | -430,656 | -128,069 | ||
| Others | -18,731 | -14,273 | ||
| Vat refund | 3,440 | 509 | ||
| Financecost | 8,673 | 9,072 | ||
| Change in fair value of embedded derivatives | 10,764 | 131,068 | ||
| Interest expense, operating and nonoperating | 56,201 | 51,358 | ||
| Interest income | 129 | 112 | ||
| Nonoperating income (expense) | -90,800 | -205,150 | ||
| Income (loss) from continuing operations before income taxes, noncontrolling interest | -521,456 | -333,219 | ||
| Income tax provision | 204 | 191 | ||
| Net loss | -521,660 | -333,410 | ||
| Net income (loss) attributable to noncontrolling interest | 5,962 | 426 | ||
| Income (loss) attributable to noncontrolling interest, before tax | 527,622 | 333,836 | ||
| Basic eps | -0.01 | -0.01 | ||
| Diluted eps | -0.01 | -0.01 | ||
| Basic average shares | 43,500,762 | 43,500,762 | ||
| Diluted average shares | 43,500,762 | 43,500,762 | ||
Value Exchange International, Inc. (VEII)
Value Exchange International, Inc. (VEII)