Elate Group, Inc. (ELGP)

Elate Group Income Statement

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

Year	2021	2020
Revenue	4.98	4.88
Revenue Growth (YoY)	2.08%	-
Cost of Revenue	2.33	1.75
Gross Profit	2.65	3.13
Selling, General & Admin	1.42	1.55
Operating Expenses	1.42	1.55
Operating Income	1.23	1.58
Interest Expense / Income	0.02	0
Other Expense / Income	-0.07	-0.01
Pretax Income	1.28	1.59
Income Tax	0.11	0.09
Net Income	1.17	1.5
Net Income Growth	-21.85%	-
Free Cash Flow	1.2	1.39
Gross Margin	53.29%	64.16%
Operating Margin	24.78%	32.36%
Profit Margin	23.54%	30.74%
Free Cash Flow Margin	24.04%	28.49%
Effective Tax Rate	8.67%	5.64%
EBITDA	1.43	1.68
EBITDA Margin	28.76%	34.43%
Depreciation & Amortization	0.13	0.09
EBIT	1.3	1.59
EBIT Margin	26.11%	32.58%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).