MDwerks, Inc. (MDWK)

MDwerks Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2.33	0.1	-0	2.83
Revenue Growth (YoY)	2153.74%	-	-	-
Cost of Revenue	1.46	0.08	-0	1.34
Gross Profit	0.87	0.02	-	1.48
Selling, General & Admin	2.03	0.46	0.15	2.29
Operating Expenses	2.32	0.48	0.15	2.37
Operating Income	-1.44	-0.45	-0.15	-0.89
Interest Expense	-0.02	-0.01	-	-0.05
Other Non Operating Income (Expenses)	0	0	-	0
EBT Excluding Unusual Items	-1.47	-0.46	-0.15	-0.93
Gain (Loss) on Sale of Assets	-0.06	0.17	-	-
Other Unusual Items	-0.1	-	-	0.14
Pretax Income	-1.62	-0.29	-0.15	-0.79
Net Income	-1.62	-0.29	-0.15	-0.79
Net Income to Common	-1.62	-0.29	-0.15	-0.79
Shares Outstanding (Basic)	202	129	25	11
Shares Outstanding (Diluted)	202	129	25	11
Shares Change (YoY)	55.72%	426.86%	127.78%	-
EPS (Basic)	-0.01	-0.00	-0.01	-0.07
EPS (Diluted)	-0.01	-0.00	-0.01	-0.07
Free Cash Flow	-0.79	-0.61	-0.12	-1.05
Free Cash Flow Per Share	-0.00	-0.01	-0.01	-0.10
Gross Margin	37.48%	21.66%	-	52.43%
Operating Margin	-61.96%	-437.42%	-	-31.40%
Profit Margin	-69.52%	-281.89%	-	-28.07%
Free Cash Flow Margin	-33.83%	-587.40%	-	-37.06%
EBITDA	-1.16	-0.44	-0.05	-0.81
EBITDA Margin	-49.54%	-	-	-28.71%
D&A For EBITDA	0.29	0.02	0.11	0.08
EBIT	-1.44	-0.45	-0.15	-0.89
EBIT Margin	-61.96%	-	-	-31.40%

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.