IBRC | iBrands Corp. Annual & Quarterly Income Statements

Annual Income Statements

(In USD)

Breakdown	2019	2018
Revenue	33 Thousand	22.68 Thousand
Cost of Revenue	-	-
Gross Profit	33 Thousand	22.68 Thousand
Operating Expenses	975.84 Thousand	96.47 Thousand
Selling, General and Administrative Expenses	975.84 Thousand	82.73 Thousand
Research and Development Expenses	-	-
Other Expenses	-	-13.74 Thousand
Cost and Expenses	975.84 Thousand	96.46 Thousand
Operating Income	-942.84 Thousand	-73.78 Thousand
Interest Expense	532.50	170.15
Income Tax Expense	-171.86 Thousand	-0.70
Earnings before Tax	-943.44 Thousand	-73.95 Thousand
Net Income	-943.44 Thousand	-73.95 Thousand
Earnings Per Share Basic	-	-
Earnings Per Share Diluted	-	-
Weighted Average Shares Outstanding	20.24 Billion	20.24 Billion
Weighted Average Shares Outstanding (Diluted)	20.24 Billion	20.24 Billion
Gross Margin	1.00	1.00
EBIT Margin	-28.57	-3.25
Profit Margin	-28.59	-3.26
EBITDA	-942.91 Thousand	-73.78 Thousand
Earnings Before Tax Margin	-28.57	-3.25

Breakdown	2019 FY	2018 FY
Revenue	33 Thousand	22.68 Thousand
Cost of Revenue	-	-
Gross Profit	33 Thousand	22.68 Thousand
Operating Expenses	975.84 Thousand	96.47 Thousand
Selling, General and Administrative Expenses	-	-
Research and Development Expenses	-	-
Other Expenses	-	-13.74 Thousand
Cost and Expenses	975.84 Thousand	96.46 Thousand
Operating Income	-942.84 Thousand	-73.78 Thousand
Interest Expense	532.50	170.15
Income Tax Expense	-171.86 Thousand	-0.70
Earnings before Tax	-943.44 Thousand	-73.95 Thousand
Net Income	-943.44 Thousand	-73.95 Thousand
Earnings Per Share Basic	-	-
Earnings Per Share Diluted	-	-
Weighted Average Shares Outstanding	20.24 Billion	20.24 Billion
Weighted Average Shares Outstanding (Diluted)	20.24 Billion	20.24 Billion
Gross Margin	1.00	1.00
EBIT Margin	-	-
Profit Margin	-28.59	-3.26
EBITDA	-	-
Earnings Before Tax Margin	-28.57	-3.25