ReTo Eco-Solutions, Inc. (RETO)

ReTo Eco-Solutions Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	3.24	6.47	3.6	8.34	17.02
Revenue Growth (YoY)	-50.01%	79.82%	-56.83%	-51.00%	-41.90%
Cost of Revenue	3.03	5.67	3.21	6.34	11.78
Gross Profit	0.21	0.81	0.39	2	5.24
Selling, General & Admin	10.6	12.37	5.45	5.06	4.23
Research & Development	1.17	0.96	0.35	0.33	0.44
Other Operating Expenses	0.4	1.02	4.34	3.18	5.31
Operating Expenses	12.17	14.35	10.14	8.57	9.98
Operating Income	-11.96	-13.54	-9.75	-6.57	-4.74
Interest Expense / Income	0.42	0.32	0.1	0.86	0.69
Other Expense / Income	3.28	0.78	11.25	3.77	8.96
Pretax Income	-15.66	-14.65	-21.1	-11.2	-14.39
Income Tax	-0.02	-0.02	0	0.57	0.41
Net Income	-15.64	-14.63	-21.1	-11.77	-14.8
Shares Outstanding (Basic)	1	0	0	0	0
Shares Outstanding (Diluted)	1	0	0	0	0
Shares Change	107.36%	48.32%	8.44%	5.40%	0.56%
EPS (Basic)	-19.44	-38.00	-81.00	-49.00	-65.00
EPS (Diluted)	-19.44	-38.00	-81.00	-49.00	-65.00
Free Cash Flow	-11.75	-10.11	-2.78	0.18	-0.19
Free Cash Flow Per Share	-14.61	-26.06	-10.63	0.76	-0.82
Gross Margin	6.49%	12.46%	10.71%	23.96%	30.79%
Operating Margin	-369.42%	-209.16%	-270.85%	-78.81%	-27.84%
Profit Margin	-483.32%	-225.98%	-586.23%	-141.19%	-86.98%
Free Cash Flow Margin	-363.08%	-156.19%	-77.27%	2.20%	-1.10%
EBITDA	-14.31	-13.43	-20	-9.32	-12.65
EBITDA Margin	-442.28%	-207.49%	-555.56%	-111.73%	-74.33%
Depreciation & Amortization	0.92	0.89	1	1.03	1.05
EBIT	-15.24	-14.32	-21	-10.35	-13.7
EBIT Margin	-470.84%	-221.28%	-583.27%	-124.07%	-80.49%

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).