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Value Exchange International, Inc. (VEII)

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%.

Overview

Revenue
$4,387,174
Net Income
$527,622
Net Profit Margin
12.03%
EPS
-$0.01
Unit: Dollar

Unit: Dollar
2024-09-30
2024-06-30
Revenues4,387,174 4,064,144
Cost of revenue3,795,514 3,424,215
Gross profit591,660 639,929
General and administrative expense1,164,668 851,161
Foreign exchange (loss) gain142,352 83,163
Operating income (loss)-430,656 -128,069
Financecost8,673 9,072
Change in fair value of embedded derivatives10,764 131,068
Others-18,731 -14,273
Interest income129 112
Interest expense, operating and nonoperating56,201 51,358
Vat refund3,440 509
Nonoperating income (expense)-90,800 -205,150
Income (loss) from continuing operations before income taxes, noncontrolling interest-521,456 -333,219
Income tax provision204 191
Net loss-521,660 -333,410
Net income (loss) attributable to noncontrolling interest5,962 426
Income (loss) attributable to noncontrolling interest, before tax527,622 333,836
Basic eps-0.01 -0.01
Diluted eps-0.01 -0.01
Basic average shares43,500,762 43,500,762
Diluted average shares43,500,762 43,500,762
Unit: Dollar

Income Statement

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Interest expense,operating and...$56,201 Others-$18,731 Change in fair value ofembedded derivatives$10,764 Financecost$8,673 General andadministrative expense$1,164,668 Nonoperating income(expense)-$90,800 Operating income (loss)-$430,656 Vat refund$3,440 Interest income$129 Foreign exchange (loss)gain$142,352 Gross profit$591,660 Cost of revenue$3,795,514 Income (loss) fromcontinuing operations...-$521,456 Income tax provision$204 Revenues$4,387,174 Net income (loss)attributable to...$5,962 Net loss-$521,660 Income (loss)attributable to...$527,622