Luokung Technology Corp. (LKCO)

Luokung Technology Income Statement

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

Year	2022	2021	2020	2019	2018
Revenue	93.59	145.07	18.26	18.78	21.04
Revenue Growth (YoY)	-35.48%	694.29%	-2.74%	-10.76%	-19.32%
Cost of Revenue	77.94	129.03	17.48	14.98	6.94
Gross Profit	15.65	16.04	0.78	3.8	14.1
Selling, General & Admin	26.32	36.18	31.63	26.61	21.45
Research & Development	49.87	45.48	9.4	8.71	3.48
Operating Expenses	76.19	81.66	41.04	35.32	24.92
Operating Income	-60.54	-65.62	-40.25	-31.52	-10.82
Interest Expense / Income	3.36	4.12	3.63	0.1	0.08
Other Expense / Income	-7.42	7.19	-4.01	-0.03	0.95
Pretax Income	-56.48	-76.93	-39.87	-31.58	-11.85
Income Tax	-3.94	-8.13	0	-0.07	0.07
Net Income	-52.54	-68.8	-39.87	-31.51	-11.93
Shares Outstanding (Basic)	14	11	7	7	2
Shares Outstanding (Diluted)	14	11	7	7	2
Shares Change	26.51%	50.87%	10.44%	175.65%	-
EPS (Basic)	-3.72	-6.30	-5.40	-4.80	-4.80
EPS (Diluted)	-3.72	-6.30	-5.40	-4.80	-4.80
Free Cash Flow	-18.3	-55.33	-15.86	-18.39	-6.96
Free Cash Flow Per Share	-1.29	-4.96	-2.14	-2.75	-2.86
Gross Margin	16.72%	11.06%	4.29%	20.25%	67.03%
Operating Margin	-64.69%	-45.23%	-220.39%	-167.83%	-51.42%
Profit Margin	-56.14%	-47.43%	-218.28%	-167.81%	-56.68%
Free Cash Flow Margin	-19.55%	-38.14%	-86.83%	-97.95%	-33.06%
EBITDA	-34.37	-58.22	-30.23	-25	-6.65
EBITDA Margin	-36.72%	-40.14%	-165.54%	-133.15%	-31.62%
Depreciation & Amortization	18.75	14.58	6.01	6.48	5.12
EBIT	-53.12	-72.81	-36.24	-31.48	-11.77
EBIT Margin	-56.75%	-50.19%	-198.42%	-167.64%	-55.95%

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).