WANG & LEE GROUP Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2022	2021	2020
Revenue	4.17	4.14	4.07
Revenue Growth (YoY)	0.84%	1.49%	-
Cost of Revenue	3.38	3.28	3.34
Gross Profit	0.79	0.86	0.74
Selling, General & Admin	1.43	1.22	0.59
Operating Expenses	1.43	1.22	0.59
Operating Income	-0.64	-0.36	0.14
Interest Expense / Income	0.04	0.01	0.05
Other Expense / Income	-0.08	-0.02	-0.19
Pretax Income	-0.6	-0.35	0.28
Income Tax	0	0	0.01
Net Income	-0.6	-0.35	0.28
Shares Outstanding (Basic)	12	12	12
Shares Outstanding (Diluted)	12	12	12
EPS (Basic)	-0.05	-0.03	0.02
EPS (Diluted)	-0.05	-0.03	0.02
Free Cash Flow	-0.35	-0.48	-0.08
Free Cash Flow Per Share	-0.03	-0.04	-0.01
Gross Margin	18.84%	20.79%	18.04%
Operating Margin	-15.38%	-8.73%	3.50%
Profit Margin	-14.31%	-8.58%	6.82%
Free Cash Flow Margin	-8.46%	-11.68%	-1.90%
Effective Tax Rate	-	-	1.96%
EBITDA	-0.56	-0.34	0.34
EBITDA Margin	-13.40%	-8.17%	8.32%
Depreciation & Amortization	0	0	0.01
EBIT	-0.56	-0.34	0.33
EBIT Margin	-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).