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Income Statement
WILLAMETTE VALLEY VINEYARDS INC (WVVIP)
source: myfinsight.com
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Direct Sales
$5,497,973
Distributor Sales
$4,697,790
Sales, net
$10,195,763
Gross profit
$6,216,618
Cost of sales
$3,979,145
Income (loss) from
operations
$398,164
Other income, net
$2,550
Total operating
expenses
$5,818,454
Income (loss) before
income taxes
$130,569
Interest expense, net
$270,145
General and
administrative
$1,624,819
Sales and marketing
$4,193,635
Loss applicable to
common shareholders
-$470,381
Net income (loss)
$92,795
Income tax (expense)
benefit
$37,774
Accrued preferred stock
dividends
$563,176
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