Zhongchao Inc
NASDAQ:ZCMD
Income Statement
Earnings Waterfall
Zhongchao Inc
Revenue
|
17.2m
USD
|
Cost of Revenue
|
-11.6m
USD
|
Gross Profit
|
5.6m
USD
|
Operating Expenses
|
-13.7m
USD
|
Operating Income
|
-8.1m
USD
|
Other Expenses
|
308.6k
USD
|
Net Income
|
-7.8m
USD
|
Income Statement
Zhongchao Inc
Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue |
15
N/A
|
23
+57%
|
18
-23%
|
18
+1%
|
16
-10%
|
15
-8%
|
14
-6%
|
17
+22%
|
|
Gross Profit | |||||||||
Cost of Revenue |
(5)
|
(8)
|
(6)
|
(6)
|
(7)
|
(6)
|
(8)
|
(12)
|
|
Gross Profit |
10
N/A
|
16
+55%
|
12
-25%
|
12
-1%
|
9
-19%
|
9
-4%
|
6
-30%
|
6
-12%
|
|
Operating Income | |||||||||
Operating Expenses |
(7)
|
(10)
|
(7)
|
(8)
|
(10)
|
(10)
|
(9)
|
(14)
|
|
Selling, General & Administrative |
(6)
|
(9)
|
(7)
|
(7)
|
(9)
|
(9)
|
(9)
|
(13)
|
|
Research & Development |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
|
Operating Income |
4
N/A
|
6
+52%
|
4
-19%
|
3
-23%
|
(0)
N/A
|
(1)
-100%
|
(3)
-361%
|
(8)
-173%
|
|
Pre-Tax Income | |||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
1
|
0
|
0
|
0
|
(0)
|
0
|
1
|
|
Pre-Tax Income |
4
N/A
|
6
+45%
|
5
-22%
|
4
-19%
|
(0)
N/A
|
(1)
-600%
|
(3)
-231%
|
(8)
-218%
|
|
Net Income | |||||||||
Tax Provision |
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
|
Income from Continuing Operations |
4
|
5
|
4
|
4
|
0
|
(1)
|
(3)
|
(8)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
Net Income (Common) |
4
N/A
|
5
+35%
|
4
-18%
|
4
-9%
|
0
-94%
|
(1)
N/A
|
(3)
-339%
|
(8)
-164%
|
|
EPS (Diluted) |
0.19
N/A
|
0.22
+16%
|
0.18
-18%
|
0.16
-11%
|
0.01
-94%
|
-0.03
N/A
|
-0.11
-267%
|
-2.97
-2 600%
|