Fly-E Group Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Year	2023	2022	2021
Revenue	32.21	21.77	17.19
Revenue Growth (YoY)	47.90%	26.65%	-
Cost of Revenue	19.1	13.49	13.95
Gross Profit	13.11	8.29	3.24
Selling, General & Admin	9.85	5.98	2.61
Operating Expenses	9.85	5.98	2.61
Operating Income	3.26	2.31	0.63
Interest Expense / Income	0.15	0.1	0
Other Expense / Income	0.03	0.01	0.05
Pretax Income	3.08	2.2	0.58
Income Tax	1.18	0.82	0.17
Net Income	1.9	1.38	0.41
Net Income Growth	37.48%	237.87%	-
Shares Outstanding (Basic)	22	22	22
Shares Outstanding (Diluted)	22	22	22
EPS (Basic)	0.09	0.06	0.02
EPS (Diluted)	0.09	0.06	0.02
EPS Growth	50.00%	215.79%	-
Free Cash Flow	1.29	1.31	-0.31
Free Cash Flow Per Share	0.06	0.06	-0.01
Gross Margin	40.70%	38.07%	18.86%
Operating Margin	10.12%	10.62%	3.65%
Profit Margin	5.88%	6.33%	2.37%
Free Cash Flow Margin	4.00%	6.04%	-1.81%
Effective Tax Rate	38.43%	37.35%	29.56%
EBITDA	5.78	4.35	1.58
EBITDA Margin	17.95%	19.98%	9.21%
Depreciation & Amortization	2.55	2.05	1
EBIT	3.23	2.3	0.58
EBIT Margin	10.03%	10.57%	3.37%

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).