See more : Trigg Minerals Limited (TMG.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Cover Technologies Inc. (COVE.CN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cover Technologies Inc., a leading company in the Industrial Materials industry within the Basic Materials sector.
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Cover Technologies Inc. (COVE.CN)
About Cover Technologies Inc.
Cover Technologies Inc. engages in the research and development of magnesium processing technologies and solutions. The company develops ElectrumX, a blockchain-based platform for tracking and transacting commodity minerals with features, including a spot market and integrated third-party decentralized finance (DeFi) solutions. It also develops non-fungible tokens, as well as related assets and technologies in the area of DeFi. The company was formerly known as Mag One Products Inc. and changed its name to Cover Technologies Inc. in October 2020. Cover Technologies Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 92.23K | 70.05K | 0.00 |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 30.36K | 73.22K | 63.10K | 0.00 | 0.00 | 19.83K | 18.54K | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | -30.36K | -73.22K | -63.10K | 0.00 | 0.00 | 72.40K | 51.51K | 0.00 |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 78.50% | 73.53% | 0.00% |
| Research & Development | 50.00K | 6.00K | 124.46K | 430.49K | 825.75K | 708.57K | 530.83K | 196.72K | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.03M | 4.01M | 424.52K | 739.74K | 789.95K | 2.06M | 4.54M | 364.61K | 280.22K | 166.45K | 81.28K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 438.31K | 0.00 | 0.00 | 1.21K | 25.50K |
| SG&A | 2.03M | 4.01M | 424.52K | 739.74K | 789.95K | 2.06M | 4.98M | 364.61K | 280.22K | 167.66K | 106.78K |
| Other Expenses | 245.77K | 0.00 | 155.09K | 10.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 2.33M | 4.02M | 548.97K | 1.17M | 1.62M | 2.77M | 5.54M | 561.33K | 280.22K | 167.66K | 106.78K |
| Cost & Expenses | 2.33M | 4.02M | 548.97K | 1.20M | 1.69M | 2.83M | 5.54M | 561.33K | 300.05K | 186.20K | 106.78K |
| Interest Income | 0.00 | 0.00 | 0.00 | 149.00 | 161.00 | 7.34K | 0.00 | 0.00 | 0.00 | 0.00 | 14.21K |
| Interest Expense | 31.09K | 32.62K | 36.74K | 31.12K | 6.52K | 46.58K | 7.44K | 0.00 | 93.00K | 0.00 | 0.00 |
| Depreciation & Amortization | -200.00K | 236.56K | 206.30K | 30.36K | 73.22K | 63.10K | 26.18K | 0.00 | 93.00K | 3.65M | 121.14K |
| EBITDA | -2.33M | -4.02M | -393.89K | -1.16M | -1.62M | -2.76M | -5.51M | -561.33K | -207.82K | 3.53M | 14.36K |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -225.34% | 5,044.70% | 0.00% |
| Operating Income | -2.13M | -4.02M | -393.89K | -1.19M | -1.69M | -2.83M | -5.54M | -561.33K | -300.82K | -116.15K | -106.78K |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -326.18% | -165.81% | 0.00% |
| Total Other Income/Expenses | -231.09K | -4.60M | -79.49K | -87.64K | -389.14K | -145.30K | -7.44K | -39.51K | -345.86K | -3.65M | -106.93K |
| Income Before Tax | -2.36M | -8.62M | -473.38K | -1.28M | -2.08M | -2.97M | -5.54M | -600.84K | -646.68K | -3.77M | -213.72K |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -701.19% | -5,376.32% | 0.00% |
| Income Tax Expense | 45.77K | 32.62K | 191.83K | 41.12K | 382.63K | 46.58K | 0.00 | -907.63K | -5.43K | -359.00 | -14.21K |
| Net Income | -2.41M | -8.66M | -665.21K | -1.32M | -2.08M | -2.97M | -5.54M | 306.79K | -641.25K | -3.77M | -213.72K |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -695.30% | -5,375.81% | 0.00% |
| EPS | -0.48 | -4.04 | -1.69 | -3.93 | -6.62 | -11.55 | -23.46 | 1.40 | -2.93 | -22.30 | -5.40 |
| EPS Diluted | -0.48 | -4.04 | -1.69 | -3.93 | -6.62 | -11.55 | -23.46 | 1.40 | -2.93 | -22.30 | -5.40 |
| Weighted Avg Shares Out | 4.97M | 2.14M | 393.16K | 335.76K | 314.08K | 257.28K | 236.28K | 222.55K | 218.90K | 168.88K | 39.59K |
| Weighted Avg Shares Out (Dil) | 4.97M | 2.14M | 393.16K | 335.76K | 314.08K | 257.28K | 236.28K | 222.55K | 218.90K | 168.88K | 39.59K |
Source: https://incomestatements.info
Category: Stock Reports