ARET | Arête Industries, Inc. Annual & Quarterly Income

Annual Income Statements

(In USD)

Breakdown	2022	2021	2020	2019	2016	2015
Revenue	-	-	-	-	974.48 Thousand	953.02 Thousand
Cost of Revenue	-	-	-	-	1.67 Million	5.04 Million
Gross Profit	-	-	-	-	-699.99 Thousand	-4.09 Million
Operating Expenses	-	-	-	-	343.81 Thousand	483.68 Thousand
Selling, General and Administrative Expenses	-	-	-	-	343.81 Thousand	438.89 Thousand
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	875.00	-
Cost and Expenses	-	-	-	-	2.01 Million	5.53 Million
Operating Income	-	-	-	-	-4.4 Million	-4.63 Million
Interest Expense	-	-	-	-	98.11 Thousand	111.91 Thousand
Income Tax Expense	-	-	-	-	98.99 Thousand	111.91 Thousand
Earnings before Tax	-	-	-	-	-4.49 Million	-4.74 Million
Net Income	-	-	-	-	-4.49 Million	-4.74 Million
Earnings Per Share Basic	-	-	-	-	-0.31	-0.37
Earnings Per Share Diluted	-	-	-	-	-0.31	-0.37
Weighted Average Shares Outstanding	-	-	-	-	14.52 Million	12.88 Million
Weighted Average Shares Outstanding (Diluted)	-	-	-	-	14.52 Million	12.88 Million
Gross Margin	-	-	-	-	-0.72	-4.30
EBIT Margin	-	-	-	-	-0.62	-3.97
Profit Margin	-	-	-	-	-4.62	-4.98
EBITDA	-	-	-	-	-3.86 Million	-3.77 Million
Earnings Before Tax Margin	-	-	-	-	-4.52	-4.86

Breakdown	2022 FY	2021 FY	2020 FY	2019 FY	2017 Q3	2017 Q2
Revenue	-	-	-	-	265.23 Thousand	227.02 Thousand
Cost of Revenue	-	-	-	-	277.16 Thousand	294.79 Thousand
Gross Profit	-	-	-	-	-11.93 Thousand	-67.77 Thousand
Operating Expenses	-	-	-	-	49.12 Thousand	98.28 Thousand
Selling, General and Administrative Expenses	-	-	-	-	30.52 Thousand	84.03 Thousand
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	-	-
Cost and Expenses	-	-	-	-	326.28 Thousand	393.08 Thousand
Operating Income	-	-	-	-	-61.05 Thousand	-166.05 Thousand
Interest Expense	-	-	-	-	25.29 Thousand	26.95 Thousand
Income Tax Expense	-	-	-	-	25.29 Thousand	-
Earnings before Tax	-	-	-	-	-62.5 Thousand	-193.01 Thousand
Net Income	-	-	-	-	-62.5 Thousand	-193.01 Thousand
Earnings Per Share Basic	-	-	-	-	-0.00	-0.01
Earnings Per Share Diluted	-	-	-	-	-0.00	-0.01
Weighted Average Shares Outstanding	-	-	-	-	14.67 Million	14.67 Million
Weighted Average Shares Outstanding (Diluted)	-	-	-	-	14.67 Million	14.67 Million
Gross Margin	-	-	-	-	-0.04	-0.30
EBIT Margin	-	-	-	-	-0.09	-0.57
Profit Margin	-	-	-	-	-0.24	-0.85
EBITDA	-	-	-	-	-24.05 Thousand	-130.05 Thousand
Earnings Before Tax Margin	-	-	-	-	-0.23	-0.73