Indonesia Energy Corporation Limited (INDO)

INDO Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	3.53	4.1	2.45	1.98	4.18
Revenue Growth (YoY)	-13.96%	67.07%	23.82%	-52.65%	-28.57%
Cost of Revenue	2.95	2.95	2.49	2.02	2.47
Gross Profit	0.57	1.14	-0.04	-0.04	1.71
Selling, General & Admin	3.37	4.6	5.25	6.53	2.43
Other Operating Expenses	0.7	1.14	0.81	0.7	0.88
Operating Expenses	4.07	5.74	6.06	7.23	3.31
Operating Income	-3.5	-4.6	-6.1	-7.27	-1.6
Other Expense / Income	-0.85	-1.48	-0.02	-0.32	0.07
Pretax Income	-2.64	-3.12	-6.08	-6.95	-1.67
Net Income	-2.64	-3.12	-6.08	-6.95	-1.67
Shares Outstanding (Basic)	10	9	7	7	6
Shares Outstanding (Diluted)	10	9	7	7	6
Shares Change	14.11%	19.78%	0.34%	22.26%	0.81%
EPS (Basic)	-0.26	-0.35	-0.82	-0.94	-0.28
EPS (Diluted)	-0.26	-0.35	-0.82	-0.94	-0.28
Free Cash Flow	-3.4	-8.62	-6.31	-5.54	-0.99
Free Cash Flow Per Share	-0.34	-0.97	-0.85	-0.75	-0.16
Gross Margin	16.30%	27.92%	-1.63%	-1.87%	40.86%
Operating Margin	-99.15%	-112.22%	-248.78%	-367.01%	-38.29%
Profit Margin	-74.96%	-76.21%	-248.04%	-350.96%	-40.01%
Free Cash Flow Margin	-96.40%	-210.49%	-257.22%	-279.86%	-23.55%
EBITDA	-1.39	-1.55	-5.19	-6.18	-0.74
EBITDA Margin	-39.50%	-37.92%	-211.76%	-312.00%	-17.68%
Depreciation & Amortization	1.25	1.57	0.89	0.77	0.93
EBIT	-2.64	-3.12	-6.08	-6.95	-1.67
EBIT Margin	-74.96%	-76.21%	-248.04%	-350.96%	-40.01%

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).