SYEV | Seychelle Environmental Technologies, Inc. Annual &

Annual Income Statements

(In USD)

Breakdown	2023	2022	2021	2020	2019	2018
Revenue	-	-	-	3.08 Million	3.15 Million	5.27 Million
Cost of Revenue	-	-	-	1.7 Million	1.63 Million	2.8 Million
Gross Profit	-	-	-	1.38 Million	1.51 Million	2.47 Million
Operating Expenses	-	-	-	1.5 Million	1.75 Million	1.83 Million
Selling, General and Administrative Expenses	-	-	-	1.44 Million	1.7 Million	1.77 Million
Research and Development Expenses	-	-	-	2900.00	4600.00	6100.00
Other Expenses	-	-	-	-618.00	429.00	32.72 Thousand
Cost and Expenses	-	-	-	3.2 Million	3.39 Million	4.64 Million
Operating Income	-	-	-	-115.41 Thousand	-238.63 Thousand	639.27 Thousand
Interest Expense	-	-	-	1368.00	1919.00	4394.00
Income Tax Expense	-	-	-	1600.00	2348.00	6697.00
Earnings before Tax	-	-	-	-117.39 Thousand	-240.12 Thousand	667.6 Thousand
Net Income	-	-	-	-118.99 Thousand	-240.12 Thousand	660.9 Thousand
Earnings Per Share Basic	-	-	-	-0.00	-0.01	0.02
Earnings Per Share Diluted	-	-	-	-0.00	-0.01	0.02
Weighted Average Shares Outstanding	-	-	-	26.57 Million	26.57 Million	26.57 Million
Weighted Average Shares Outstanding (Diluted)	-	-	-	26.57 Million	26.57 Million	26.57 Million
Gross Margin	-	-	-	0.45	0.48	0.47
EBIT Margin	-	-	-	-0.02	-0.06	0.14
Profit Margin	-	-	-	-0.04	-0.08	0.13
EBITDA	-	-	-	-64.52 Thousand	-183.16 Thousand	732.23 Thousand
Earnings Before Tax Margin	-	-	-	-0.04	-0.08	0.12

Breakdown	2022 FY	2021 FY	2020 FY	2019 FY	2019 Q4	2019 Q3
Revenue	-	-	-	3.08 Million	799.06 Thousand	816 Thousand
Cost of Revenue	-	-	-	1.7 Million	462.7 Thousand	422.49 Thousand
Gross Profit	-	-	-	1.38 Million	336.36 Thousand	393.5 Thousand
Operating Expenses	-	-	-	1.5 Million	385.51 Thousand	384.8 Thousand
Selling, General and Administrative Expenses	-	-	-	-	370.57 Thousand	373.05 Thousand
Research and Development Expenses	-	-	-	-	2.90	-
Other Expenses	-	-	-	-618.00	-2098.00	1708.00
Cost and Expenses	-	-	-	3.2 Million	848.22 Thousand	807.29 Thousand
Operating Income	-	-	-	-115.41 Thousand	-49.15 Thousand	8705.00
Interest Expense	-	-	-	1368.00	313.00	-
Income Tax Expense	-	-	-	1600.00	-1785.00	2315.00
Earnings before Tax	-	-	-	-117.39 Thousand	-51.56 Thousand	10.41 Thousand
Net Income	-	-	-	-118.99 Thousand	-51.56 Thousand	10.41 Thousand
Earnings Per Share Basic	-	-	-	-	-0.00	0.00
Earnings Per Share Diluted	-	-	-	-	-0.00	0.00
Weighted Average Shares Outstanding	-	-	-	26.57 Million	26.57 Million	26.57 Million
Weighted Average Shares Outstanding (Diluted)	-	-	-	26.57 Million	26.57 Million	26.57 Million
Gross Margin	-	-	-	0.45	0.42	0.48
EBIT Margin	-	-	-	-	-0.04	0.03
Profit Margin	-	-	-	-0.04	-0.06	0.01
EBITDA	-	-	-	-	-33.98 Thousand	20.45 Thousand
Earnings Before Tax Margin	-	-	-	-0.04	-0.06	0.01