EarthRenew Inc.
EarthRenew Inc. (VVIVF) Financial Performance & Income Statement Overview
Analyze EarthRenew Inc. (VVIVF) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
EarthRenew Inc. (VVIVF) Income Statement & Financial Overview
Review EarthRenew Inc. VVIVF income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $2.55M | $2.13M | $882820.00 | $1.34M |
| Cost of Revenue | $2.27M | $1.94M | $874075.00 | $1.73M |
| Gross Profit | $281138.00 | $188469.00 | $8745.00 | -$389180.00 |
| Gross Profit Ratio | $0.11 | $0.09 | $0.010 | -$0.29 |
| R&D Expenses | $54933.00 | $188259.00 | $236086.00 | $335526.00 |
| SG&A Expenses | $642008.00 | $563031.00 | $686257.00 | $715929.00 |
| Operating Expenses | $1.18M | $1.09M | $1.18M | $1.05M |
| Total Costs & Expenses | $3.45M | $3.03M | $2.05M | $2.78M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $48836.00 | $47674.00 | $49543.00 | $49266.00 |
| Depreciation & Amortization | $550507.00 | $550304.00 | $550305.00 | $549883.00 |
| EBITDA | -$3.04M | $2.12M | -$1.04M | -$994583.00 |
| EBITDA Ratio | -$1.19 | $0.99 | -$1.18 | -$0.74 |
| Operating Income | -$894249.00 | -$904855.00 | -$1.46M | -$1.05M |
| Operating Income Ratio | -$0.35 | -$0.43 | -$1.66 | -$0.78 |
| Other Income/Expenses (Net) | -$2.74M | $2.42M | -$179716.00 | -$546532.00 |
| Income Before Tax | -$3.64M | $1.52M | -$1.64M | -$1.59M |
| Income Before Tax Ratio | -$1.43 | $0.71 | -$1.86 | -$1.19 |
| Income Tax Expense | -$505000.00 | -$249000.00 | -$299000.00 | -$35000.00 |
| Net Income | -$3.13M | $1.77M | -$1.34M | -$1.56M |
| Net Income Ratio | -$1.23 | $0.83 | -$1.52 | -$1.17 |
| EPS | -$0.02 | $0.01 | -$0.009 | -$0.01 |
| Diluted EPS | -$0.02 | $0.01 | -$0.009 | -$0.01 |
| Weighted Avg Shares Outstanding | $141.88M | $141.88M | $141.88M | $141.88M |
| Weighted Avg Shares Outstanding (Diluted) | $141.88M | $141.88M | $141.88M | $141.88M |
Over the last four quarters, EarthRenew Inc.'s revenue moved from $1.34M in Q1 2024 to $2.55M in Q4 2024. Operating income in Q4 2024 was -$894249.00, with a strong operating margin of -35%. Despite fluctuations in R&D and SG&A expenses, EBITDA for EarthRenew Inc. remained robust at -$3.04M, reflecting operational efficiency. Net income dropped to -$3.13M, with an EPS of -$0.02. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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