SOCO Corporation Ltd
SOCO Corporation Ltd (SOC.AX) Financial Performance & Income Statement Overview
Review SOCO Corporation Ltd (SOC.AX) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
SOCO Corporation Ltd (SOC.AX) Income Statement & Financial Overview
Analyze SOCO Corporation Ltd’s SOC.AX earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| Revenue | $4.98M | $4.98M | $5.20M | $5.20M |
| Cost of Revenue | $3.87M | $3.87M | $3.25M | $3.25M |
| Gross Profit | $1.11M | $1.11M | $1.95M | $1.95M |
| Gross Profit Ratio | $0.22 | $0.22 | $0.37 | $0.37 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $1.20M | $1.20M | $904995.00 | $904995.00 |
| Operating Expenses | $1.59M | $1.59M | $1.13M | $1.13M |
| Total Costs & Expenses | $5.46M | $5.46M | $4.38M | $4.38M |
| Interest Income | $9668.00 | $9668.00 | $17962.00 | $17962.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $120569.00 | $120569.00 | $4262.00 | $4262.00 |
| EBITDA | -$88493.00 | -$88493.00 | $967750.00 | $967750.00 |
| EBITDA Ratio | -$0.02 | -$0.02 | $0.19 | $0.19 |
| Operating Income | -$209062.00 | -$209062.00 | $963488.00 | $963488.00 |
| Operating Income Ratio | -$0.04 | -$0.04 | $0.19 | $0.19 |
| Other Income/Expenses (Net) | -$282430.00 | -$282430.00 | -$132612.00 | -$132612.00 |
| Income Before Tax | -$491492.00 | -$491492.00 | $830876.00 | $830876.00 |
| Income Before Tax Ratio | -$0.10 | -$0.10 | $0.16 | $0.16 |
| Income Tax Expense | $53335.00 | $53335.00 | $217732.00 | $217732.00 |
| Net Income | -$438157.00 | -$438157.00 | $613145.00 | $613145.00 |
| Net Income Ratio | -$0.09 | -$0.09 | $0.12 | $0.12 |
| EPS | -$0.003 | -$0.003 | $0.005 | $0.005 |
| Diluted EPS | -$0.003 | -$0.003 | $0.005 | $0.005 |
| Weighted Avg Shares Outstanding | $130.56M | $130.56M | $130.29M | $130.29M |
| Weighted Avg Shares Outstanding (Diluted) | $130.52M | $130.52M | $129.92M | $129.92M |
Over the last four quarters, SOCO Corporation Ltd's revenue moved from $5.20M in Q3 2023 to $4.98M in Q2 2024. Operating income in Q2 2024 was -$209062.00, with a strong operating margin of -4%. Despite fluctuations in R&D and SG&A expenses, EBITDA for SOCO Corporation Ltd remained robust at -$88493.00, reflecting operational efficiency. Net income rose to -$438157.00, with an EPS of -$0.003. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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