Sharc International Systems Inc.
Sharc International Systems Inc. (INTWF) Financial Performance & Income Statement Overview
Review Sharc International Systems Inc. (INTWF) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Sharc International Systems Inc. (INTWF) Income Statement & Financial Overview
View the income breakdown for Sharc International Systems Inc. INTWF across both annual and quarterly reports.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | -$177003.00 | $785030.00 | $780205.00 | $778095.00 |
| Cost of Revenue | -$221360.00 | $536115.00 | $462598.00 | $1.20M |
| Gross Profit | $44357.00 | $248915.00 | $317607.00 | -$419957.00 |
| Gross Profit Ratio | -$0.25 | $0.32 | $0.41 | -$0.54 |
| R&D Expenses | $35629.00 | $1715.00 | $1715.00 | $5590.00 |
| SG&A Expenses | $1.10M | $906140.00 | $926144.00 | $353151.00 |
| Operating Expenses | $1.42M | $1.07M | $323030.00 | $358741.00 |
| Total Costs & Expenses | $1.20M | $1.60M | $1.50M | $1.56M |
| Interest Income | $4680.00 | $0.00 | $0.00 | $198.00 |
| Interest Expense | $77112.00 | $62105.00 | $2602.00 | $3565.00 |
| Depreciation & Amortization | $57113.00 | $36076.00 | $35513.00 | $35513.00 |
| EBITDA | -$1.27M | -$791337.00 | -$676583.00 | -$725367.00 |
| EBITDA Ratio | $7.19 | -$1.008 | -$0.87 | -$0.93 |
| Operating Income | -$1.38M | -$817323.00 | -$721126.00 | -$778700.00 |
| Operating Income Ratio | $7.77 | -$1.04 | -$0.92 | -$1.001 |
| Other Income/Expenses (Net) | -$32443.00 | -$72199.00 | $6427.00 | -$35944.00 |
| Income Before Tax | -$1.41M | -$889522.00 | -$714699.00 | -$764445.00 |
| Income Before Tax Ratio | $7.95 | -$1.13 | -$0.92 | -$0.98 |
| Income Tax Expense | $7.00 | -$57556.00 | $0.00 | -$3.00 |
| Net Income | -$1.41M | -$831966.00 | -$714699.00 | -$764445.00 |
| Net Income Ratio | $7.95 | -$1.06 | -$0.92 | -$0.98 |
| EPS | -$0.009 | -$0.005 | -$0.004 | -$0.005 |
| Diluted EPS | -$0.009 | -$0.005 | -$0.004 | -$0.005 |
| Weighted Avg Shares Outstanding | $158.31M | $158.57M | $157.11M | $156.95M |
| Weighted Avg Shares Outstanding (Diluted) | $158.31M | $158.57M | $157.11M | $156.95M |
The company's financials show resilient growth, with revenue advancing from $778095.00 in Q1 2024 to -$177003.00 in Q4 2024. Gross profit remained healthy with margins at -25% in Q4 2024 compared to -54% in Q1 2024. Operating income hit -$1.38M last quarter, sustaining a consistent 777% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$1.27M. Net income dropped to -$1.41M, while earnings per share reached -$0.009. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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