Focus Universal Inc. (FCUV)

Focus Universal Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1.04	1.05	0.35	1.43	1.68	1.46
Revenue Growth (YoY)	139.34%	197.55%	-75.35%	-14.56%	14.97%	373.95%
Cost of Revenue	1	0.96	0.33	1.14	1.4	1.34
Gross Profit	0.04	0.09	0.02	0.3	0.28	0.12
Selling, General & Admin	2.83	2.96	3.27	2.06	2.12	1.31
Research & Development	1.45	1.39	1.06	0.22	0.26	0.26
Other Operating Expenses	0.8	0.71	0.9	1.03	0.61	1.88
Operating Expenses	5.08	5.06	5.23	3.31	2.99	3.45
Operating Income	-5.04	-4.96	-5.21	-3.02	-2.7	-3.33
Interest Expense / Income	0.09	0.04	0	0.04	0	-0
Other Expense / Income	-0.21	-0.28	-0.28	0.17	-0.17	-0.15
Pretax Income	-4.92	-4.72	-4.93	-3.22	-2.54	-3.18
Net Income	-4.92	-4.72	-4.93	-3.22	-2.54	-3.18
Shares Outstanding (Basic)	65	60	65	63	61	61
Shares Outstanding (Diluted)	65	60	65	63	61	61
Shares Change	43.46%	-7.38%	4.07%	1.85%	0.03%	8.38%
EPS (Basic)	-0.08	-0.08	-0.08	-0.05	-0.04	-0.05
EPS (Diluted)	-0.08	-0.08	-0.08	-0.05	-0.04	-0.05
Free Cash Flow	-3.6	-3.55	-3	-1.99	-1.96	-1.91
Free Cash Flow Per Share	-0.06	-0.06	-0.05	-0.03	-0.03	-0.03
Gross Margin	3.69%	8.91%	6.42%	20.72%	16.90%	8.10%
Operating Margin	-486.99%	-471.66%	-1472.11%	-210.30%	-161.05%	-228.05%
Profit Margin	-475.19%	-448.41%	-1393.29%	-224.55%	-151.11%	-217.45%
Free Cash Flow Margin	-347.55%	-337.33%	-848.42%	-138.90%	-116.52%	-131.09%
EBITDA	-4.7	-4.51	-4.76	-3.02	-2.37	-3.02
EBITDA Margin	-453.99%	-428.80%	-1346.27%	-210.62%	-141.35%	-206.52%
Depreciation & Amortization	0.13	0.17	0.17	0.16	0.16	0.16
EBIT	-4.83	-4.68	-4.93	-3.18	-2.53	-3.18
EBIT Margin	-466.79%	-444.77%	-1393.29%	-221.92%	-150.86%	-217.48%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).