Takung Art Revenue, Profits - TKAT Annual Income Statement

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$0.98 $0.09 (8.41%) TKAT stock closing price Aug 17, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Takung Art stock price. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from 19.14M to 12.92M and how operating and non operating activities have impacted the TKAT stock. The operating expenses as shown in the Takung Art profit and loss statement for 2017 total to $13.5M. This line item shows that the operating expenses has increased compared with last year. Also check: Takung Art assets and Takung Art free cash flow.

View revenue and profit details for latest and last 10 financial years.
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Fiscal year is Jan - Dec2017201620152014
Takung Art Revenues or Net Sales
12.92M19.14M11.33M4.71M
Cost Of Goods Sold (COGS)1.24M1.12M--
Takung Art Gross Profit
11.67M18.01M10.53M4.28M
Research & Development Expense----
Selling General & Admin Expense13.5M9.57M3.83M2.6M
Income Before Depreciation Depletion Amortization-1.83M8.44M6.69M1.67M
Depreciation Depletion Amortization----
Non Operating Income1.71M-0.09M--
Interest Expense----
Takung Art Pretax Income
-0.71M8.14M6.71M1.68M
Provision for Income Taxes-1.76M1.28M-
MinorityInterest----
Investment Gains Losses----
Other Income----
Income Before Extraordinaries & Disc Operations-1.06M6.37M5.43M1.36M
Extraordinary Items & Discontinued Operations----
Takung Art Profit/ Loss (Net Income)
-1.06M6.37M5.43M1.36M
Average Shares used to compute Diluted EPS11.08M11.31M11.12M-
Average Shares used to compute Basic EPS11.08M10.64M11.12M-
Income Before Nonrecurring Items-1.06M6.37M5.44M-
Income from Nonrecurring Items----
Takung Art Earnings Per Share Basic Net
-0.100.600.49-
Takung Art Earnings Per Share Diluted Net
-0.100.560.49-
EPS Diluted Before Nonrecurring Items-0.100.560.49-
Preferred Dividends Acc Pd----
Dividends Common----
Dividend Per Share Common0.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.

Takung Art stock analysis involves checking at least a few of the important things like:

  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth - See: Takung Art revenue chart implies that the company is growing. It has not been the case with Takung Art. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $-1.06M for TKAT stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called the profit and loss statement. Apart from the TKAT income statement, one can check the Takung Art historical stock prices to check how the price has moved with time.

Takung Art Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
0.87
Net Profit Margin
10.6
Dividend Yield
0%