WANG & LEE GROUP Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6.83	6.83	4.17	4.14	4.07
Revenue Growth (YoY)	65.07%	63.69%	0.84%	1.49%	-
Cost of Revenue	4.39	4.39	3.38	3.28	3.34
Gross Profit	2.44	2.44	0.79	0.86	0.74
Selling, General & Admin	3.21	3.21	1.43	1.22	0.59
Operating Expenses	3.21	3.21	1.43	1.22	0.59
Operating Income	-0.77	-0.77	-0.64	-0.36	0.14
Interest Expense / Income	0.06	0.06	0.04	0.01	0.05
Other Expense / Income	-0.18	-0.18	-0.08	-0.02	-0.19
Pretax Income	-0.65	-0.65	-0.6	-0.35	0.28
Income Tax	0	0	0	0	0.01
Net Income	-0.65	-0.65	-0.6	-0.35	0.28
Shares Outstanding (Basic)	14	14	12	12	12
Shares Outstanding (Diluted)	14	14	12	12	12
Shares Change	19.04%	19.04%	-	-	-
EPS (Basic)	-0.04	-0.04	-0.05	-0.03	0.02
EPS (Diluted)	-0.04	-0.04	-0.05	-0.03	0.02
Free Cash Flow	-3.81	-3.81	-0.35	-0.48	-0.08
Free Cash Flow Per Share	-0.27	-0.27	-0.03	-0.04	-0.01
Gross Margin	35.76%	35.76%	18.84%	20.79%	18.04%
Operating Margin	-11.30%	-11.30%	-15.38%	-8.73%	3.50%
Profit Margin	-9.51%	-9.51%	-14.31%	-8.58%	6.82%
Free Cash Flow Margin	-55.88%	-55.88%	-8.46%	-11.68%	-1.90%
Effective Tax Rate	-	-	-	-	1.96%
EBITDA	-0.55	-0.55	-0.56	-0.34	0.34
EBITDA Margin	-8.13%	-8.13%	-13.40%	-8.17%	8.32%
Depreciation & Amortization	0.03	0.03	0	0	0.01
EBIT	-0.59	-0.59	-0.56	-0.34	0.33
EBIT Margin	-8.60%	-8.60%	-13.47%	-8.26%	8.17%

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).