Pop Culture Group Co., Ltd
Pop Culture Group Co., Ltd (CPOP) Financial Performance & Income Statement Overview
Review Pop Culture Group Co., Ltd (CPOP) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Pop Culture Group Co., Ltd (CPOP) Income Statement & Financial Overview
Analyze Pop Culture Group Co., Ltd’s CPOP earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 |
|---|---|---|---|---|
| Revenue | $24.008M | $7.29M | $11.26M | $12.13M |
| Cost of Revenue | $22.23M | $8.58M | $13.63M | $10.005M |
| Gross Profit | $1.78M | -$1.29M | -$2.37M | $2.13M |
| Gross Profit Ratio | $0.07 | -$0.18 | -$0.21 | $0.18 |
| R&D Expenses | $0.00 | $8.69M | $0.00 | $0.00 |
| SG&A Expenses | $4.17M | $9.82M | $2.25M | $1.79M |
| Operating Expenses | $4.17M | $18.51M | $2.25M | $1.79M |
| Total Costs & Expenses | $26.40M | $27.09M | $15.88M | $11.80M |
| Interest Income | $0.00 | $5650.00 | $0.00 | $0.00 |
| Interest Expense | $105442.00 | $0.00 | $222208.00 | $40711.00 |
| Depreciation & Amortization | $397398.00 | $1.38M | $284234.00 | $220496.00 |
| EBITDA | -$1.87M | -$18.55M | -$4.15M | $861429.00 |
| EBITDA Ratio | -$0.08 | -$2.53 | -$0.39 | $0.05 |
| Operating Income | -$2.39M | -$19.80M | -$4.62M | $337430.00 |
| Operating Income Ratio | -$0.10 | -$2.72 | -$0.41 | $0.03 |
| Other Income/Expenses (Net) | $17979.00 | -$127487.00 | -$33022.00 | $262792.00 |
| Income Before Tax | -$2.37M | -$19.93M | -$4.65M | $600225.00 |
| Income Before Tax Ratio | -$0.10 | -$2.73 | -$0.41 | $0.05 |
| Income Tax Expense | $144708.00 | $498536.00 | $176028.00 | $358972.00 |
| Net Income | -$2.37M | -$19.62M | -$4.71M | $341323.00 |
| Net Income Ratio | -$0.10 | -$2.69 | -$0.42 | $0.03 |
| EPS | -$0.97 | -$8.16 | -$1.96 | $0.14 |
| Diluted EPS | -$0.97 | -$8.16 | -$1.96 | $0.14 |
| Weighted Avg Shares Outstanding | $2.44M | $2.40M | $2.40M | $2.40M |
| Weighted Avg Shares Outstanding (Diluted) | $2.44M | $2.40M | $2.40M | $2.40M |
The company's financials show resilient growth, with revenue advancing from $12.13M in Q4 2022 to $24.008M in Q2 2024. Gross profit remained healthy with margins at 7% in Q2 2024 compared to 18% in Q4 2022. Operating income hit -$2.39M last quarter, sustaining a consistent -10% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$1.87M. Net income rose to -$2.37M, while earnings per share reached -$0.97. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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