See more : Bin Dawood Holding Company (4161.SR) Income Statement Analysis – Financial Results
Complete financial analysis of The Coretec Group Inc. (CRTG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of The Coretec Group Inc., a leading company in the Computer Hardware industry within the Technology sector.
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The Coretec Group Inc. (CRTG)
About The Coretec Group Inc.
The Coretec Group Inc., together with its subsidiary Coretec Industries, LLC, develops, tests, and provides various technologies, products, and service solutions for energy-related industries in the United States and internationally. The company owns the rights to a patented volumetric 3D display technology. Its technologies and products are used in oil/gas, renewable energy, energy conservation, and distributed energy industries, as well as in anti-counterfeit packaging, medical device, electronic, photonic, display, and lighting market applications. The company was formerly known as 3DIcon Corporation and changed its name to The Coretec Group Inc. in June 2017. The Coretec Group Inc. was incorporated in 1995 and is headquartered in Ann Arbor, Michigan.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.12K | 85.75K | 48.40K | 63.67K | 89.32K | 106.06K | 45.34K | 42.90K | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 95.13K | 89.43K | 81.43K | 80.36K | 80.99K | 80.99K | 94.01K | 28.40K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -95.13K | -89.43K | -81.43K | -80.36K | -80.99K | -80.99K | -94.01K | -28.40K | 5.12K | 85.75K | 48.40K | 63.67K | 89.32K | 106.06K | 45.34K | 42.90K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 512.95K | 535.84K | 470.00K | 151.86K | 80.23K | 85.07K | 456.36K | 300.99K | 47.74K | 198.55K | 372.98K | 519.44K | 942.24K | 439.36K | 313.08K | 953.80K | 1.02M | 250.00K | 230.00K | 10.00K |
| General & Administrative | 1.79M | 2.13M | 5.62M | 1.03M | 1.49M | 751.25K | 936.78K | 383.78K | 800.01K | 1.07M | 1.08M | 1.48M | 0.00 | 1.11M | 1.22M | 0.00 | 0.00 | 1.19M | 370.00K | 600.00K |
| Selling & Marketing | -95.13K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.70M | 2.13M | 5.62M | 1.03M | 1.49M | 751.25K | 936.78K | 383.78K | 800.01K | 1.07M | 1.08M | 1.48M | 1.43M | 1.11M | 1.22M | 2.58M | 2.82M | 1.19M | 370.00K | 600.00K |
| Other Expenses | 0.00 | 8.26K | 45.62K | 1.25K | 0.00 | 184.79K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.43M | 0.00 | 0.00 | 2.58M | 2.82M | 0.00 | -10.00K | 10.00K |
| Operating Expenses | 2.21M | 2.67M | 6.09M | 1.18M | 1.57M | 836.32K | 1.39M | 684.77K | 847.75K | 1.26M | 1.45M | 2.00M | 2.37M | 1.55M | 1.53M | 3.53M | 3.84M | 1.44M | 590.00K | 620.00K |
| Cost & Expenses | 2.30M | 2.67M | 6.09M | 1.18M | 1.57M | 836.32K | 1.39M | 684.77K | 847.75K | 1.26M | 1.45M | 2.00M | 2.37M | 1.55M | 1.53M | 3.53M | 3.84M | 1.44M | 590.00K | 620.00K |
| Interest Income | 0.00 | 0.00 | 229.53 | 665.23 | 287.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 217.56K | 0.00 | 229.53K | 665.23K | 287.31K | 394.94K | 320.09K | 60.08K | 57.79K | 75.74K | 80.36K | 163.30K | 37.19K | 75.97K | 80.29K | 122.29K | 88.58K | -30.00K | 0.00 | 0.00 |
| Depreciation & Amortization | 95.13K | 89.43K | 81.43K | 80.36K | 80.99K | 80.99K | 94.01K | 28.40K | -1.69M | -2.36M | 4.28K | 5.53K | 6.23K | 6.17K | 7.05K | -6.98M | 1.73K | -60.00K | 0.00 | 0.00 |
| EBITDA | -1.99M | -2.58M | -6.00M | -1.10M | -1.49M | -755.33K | -1.30M | -656.37K | -842.63K | -1.18M | -1.40M | -1.93M | -2.28M | -1.44M | -1.48M | -3.49M | -3.84M | -1.50M | -590.00K | -620.00K |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -16,451.15% | -1,373.76% | -2,887.46% | -3,035.87% | -2,549.23% | -1,359.25% | -3,263.17% | -8,133.47% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -2.30M | -2.67M | -6.09M | -1.18M | -1.57M | -836.32K | -1.39M | 684.77K | 842.63K | 1.18M | 1.40M | 1.94M | -2.28M | 1.45M | -1.49M | 3.49M | 3.84M | -1.44M | -590.00K | -620.00K |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16,451.15% | 1,373.76% | 2,896.30% | 3,044.55% | -2,556.21% | 1,365.06% | -3,278.72% | 8,133.47% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -2.78K | -194.49K | -183.91K | -663.98K | -287.31K | -210.15K | -320.09K | -170.08K | -52.67K | -2.43M | -80.36K | -163.30K | -37.19K | -75.97K | -80.29K | -3.49M | -88.58K | -29.89K | 0.00 | 0.00 |
| Income Before Tax | -2.31M | -2.86M | -6.27M | -1.84M | -1.85M | -1.05M | -1.71M | -744.85K | -900.42K | -1.25M | -1.48M | -2.10M | 0.00 | -1.52M | 0.00 | 0.00 | 0.00 | -1.47M | -590.00K | -620.00K |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -17,579.36% | -1,462.08% | -3,062.34% | -3,301.03% | 0.00% | -1,436.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 397.24K | 229.53K | 663.98K | 287.31K | 184.79K | 0.00 | -1.37M | 0.00 | 0.00 | -2.80M | -3.88M | 37.19K | -2.90M | 80.29K | 7.10M | 88.58K | 0.00 | 0.00 | 0.00 |
| Net Income | -2.31M | -3.26M | -6.50M | -2.51M | -2.14M | -1.05M | -1.71M | -744.85K | -900.42K | -1.25M | -1.48M | -2.10M | -2.32M | -1.52M | -1.57M | -3.61M | -3.93M | -1.47M | -590.00K | -620.00K |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -17,579.36% | -1,462.08% | -3,062.34% | -3,301.03% | -2,597.84% | -1,436.69% | -3,455.82% | -8,418.53% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | -0.01 | -0.01 | -0.03 | -0.01 | -0.03 | -0.02 | -0.07 | -0.60 | -0.31 | -0.95 | -4.22 | -15.78 | -22.43 | -30.06 | -68.95 | -265.83 | -363.63 | -147.00 | -59.00 | 0.00 |
| EPS Diluted | -0.01 | -0.01 | -0.03 | -0.01 | -0.03 | -0.02 | -0.07 | -0.60 | -0.31 | -0.95 | -4.22 | -15.78 | -22.43 | -30.06 | -68.95 | -265.83 | -363.63 | -147.00 | -59.00 | 0.00 |
| Weighted Avg Shares Out | 277.76M | 258.34M | 243.96M | 202.68M | 70.92M | 67.91M | 25.46M | 1.24M | 2.95M | 1.31M | 351.42K | 133.18K | 103.47K | 50.70K | 22.72K | 13.59K | 10.81K | 10.00K | 10.00K | 255.62M |
| Weighted Avg Shares Out (Dil) | 277.73M | 258.34M | 243.96M | 202.68M | 70.92M | 67.91M | 25.46M | 1.24M | 2.95M | 1.31M | 351.42K | 133.18K | 103.47K | 50.70K | 22.72K | 13.59K | 10.81K | 10.00K | 10.00K | 255.62M |
The Coretec Group Secures Controlling Stake of Multi-National Energy Company With Over US$70M in Annual Revenues; Strengthens Board and Introduces Global Expansion Plans
ANN ARBOR, Mich., Dec. 04, 2024 (GLOBE NEWSWIRE) -- via IBN -- The Coretec Group, Inc. (OTCQB: CRTG) (“Coretec” or the “Company”) has taken a decisive step toward global leadership in energy innovation with the acquisition of a controlling stake...
The Coretec Group Completes Share Exchange Agreement with Core Optics
Key Highlights: Completion of Share Exchange: The Coretec Group finalizes the acquisition of Core Optics, LLC, making it a wholly-owned subsidiary. Leadership Transition: Dr. Seonkee Kim was appointed as the new CEO of Core Optics.
The Coretec Group and Core Optics Share Exchange Closing Date Extended and Continues to Move Forward
The Coretec Group and Core Optics, LLC entered into an amendment to share exchange agreement which extends the closing date to no later than August 15th.
The Coretec Group and Core Optics Share Exchange Moves Toward Closing; Provides Initial Sales Forecast
ANN ARBOR, Mich., June 28, 2024 (GLOBE NEWSWIRE) -- The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, today announced that the share...
The Coretec Group Resolves Closing Conditions to the Definitive Share Exchange Transaction with Core Optics
The Coretec Group announced the resolution of key closing conditions for the transaction with Core Optics, LLC and the transaction continues to progress.
The Coretec Group Announces a Full Utility Patent Filing and Provides an Update on the Definitive Share Exchange Agreement with Core Optics
The Coretec Group (OTCQB: CRTG) announced filing of a full utility patent application for its silicon-based battery anode development program, Endurion.
The Coretec Group Releases March 2024 Shareholder Call
ANN ARBOR, Mich., March 20, 2024 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications today released the transcript and...
The Coretec Group Releases March 2024 Shareholder Call Transcript and Webcast Recording
The Coretec Group released the transcript and webcast recording from its March 14, 2024 shareholder update on the Company's Investor Relations website.
The Coretec Group Announces Full Details of its March 14 Shareholder Call and Presentation
The Company will update its shareholders on its definitive share exchange agreement with Core Optics and how it will strengthen Coretec's structure and operations, and spur revenue and the commercialization of Endurion ANN ARBOR, Mich., March 11, 2024 (GLOBE NEWSWIRE)...
The Coretec Group and Core Optics LLC Announce They Have Entered into a Definitive Share Exchange Agreement
The two companies bring together complementary technologies and industry end-user application via Core Optics' proven commercial distribution in established and high growth sectors spanning automotive, consumer electronics, camera / display, and others dependent on advanced material innovation ANN ARBOR, Mich.,...
Source: https://incomestatements.info
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