Zhongchao Inc. (ZCMD) Income Statement Analysis

See more : Financeira Alfa S.A. – Crédito, Financiamento e Investimentos (CRIV4.SA) Income Statement Analysis – Financial Results

Complete financial analysis of Zhongchao Inc. (ZCMD) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Zhongchao Inc., a leading company in the Medical – Healthcare Information Services industry within the Healthcare sector.

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Zhongchao Inc. (ZCMD)

Industry: Medical - Healthcare Information Services

Sector: Healthcare

Website: https://www.izcmd.com

About Zhongchao Inc.

Zhongchao Inc. provides healthcare information, education, and training services in the People's Republic of China. The company offers online and onsite health information services, healthcare education programs, and healthcare training products, including clinical practice training, open classes of popular medical topics, interactive case studies, academic conference and workshops, continuing education courses, and articles and short videos with educational healthcare content. It also provides customized medical courses and medical training services; and patient management services through online platform under the Zhongxun brand. The company operates through its mdmooc.org online platform under the MDMOOC brand; and Sunshine Health Forums, a Wechat subscription account and mobile app. It serves enterprises, non-for-profit organizations, and medical journals, as well as healthcare professionals, nurses, doctors, and other healthcare workers. The company was founded in 2012 and is headquartered in Shanghai, China.

Metric	2023	2022	2021	2020	2019	2018	2017
Revenue	19.43M	14.15M	16.30M	17.99M	14.88M	12.87M	9.82M
Cost of Revenue	10.92M	7.79M	6.86M	6.12M	4.66M	4.46M	3.97M
Gross Profit	8.51M	6.36M	9.44M	11.87M	10.23M	8.41M	5.85M
Gross Profit Ratio	43.80%	44.92%	57.92%	65.99%	68.72%	65.36%	59.56%
Research & Development	514.41K	411.52K	758.88K	816.55K	864.32K	1.45M	943.25K
General & Administrative	6.70M	6.80M	5.86M	3.12M	2.52M	1.43M	1.14M
Selling & Marketing	6.71M	2.10M	3.14M	3.44M	3.20M	2.26M	2.72M
SG&A	13.41M	8.90M	9.00M	6.57M	5.72M	3.69M	3.85M
Other Expenses	7.87M	262.44K	34.00K	305.57K	534.02K	37.36K	275.02K
Operating Expenses	21.80M	9.31M	9.76M	7.38M	6.58M	5.13M	4.80M
Cost & Expenses	32.72M	17.11M	16.62M	13.50M	11.24M	9.59M	8.77M
Interest Income	237.05K	142.01K	175.99K	146.97K	211.48K	191.61K	17.33K
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	923.61K	730.31K	679.79K	403.01K	240.51K	28.78K	16.27K
EBITDA	-4.90M	-2.22M	382.24K	4.49M	3.64M	3.30M	1.06M
EBITDA Ratio	-25.23%	-15.72%	2.35%	27.32%	26.23%	25.75%	10.85%
Operating Income	-13.28M	-2.95M	-320.74K	4.49M	3.64M	3.27M	1.05M
Operating Income Ratio	-68.35%	-20.88%	-1.97%	24.96%	24.47%	25.45%	10.68%
Total Other Income/Expenses	1.31M	404.46K	209.99K	452.53K	745.50K	228.97K	292.35K
Income Before Tax	-11.98M	-2.55M	-110.75K	4.94M	4.39M	3.50M	1.34M
Income Before Tax Ratio	-61.63%	-18.02%	-0.68%	27.47%	29.48%	27.23%	13.66%
Income Tax Expense	-669.76K	272.31K	-349.42K	484.79K	387.14K	502.13K	-153.95K
Net Income	-11.34M	-2.82M	238.67K	4.46M	4.05M	3.02M	1.53M
Net Income Ratio	-58.33%	-19.94%	1.46%	24.78%	27.19%	23.47%	15.58%
EPS	-4.35	-1.09	0.10	1.83	1.87	1.45	0.78
EPS Diluted	-4.35	-1.09	0.10	1.83	1.87	1.45	0.78
Weighted Avg Shares Out	2.60M	2.60M	2.49M	2.44M	2.16M	2.08M	1.96M
Weighted Avg Shares Out (Dil)	2.60M	2.60M	2.49M	2.44M	2.16M	2.08M	1.96M

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Zhongchao Inc. and Encourages Investors with Losses to Contact the Firm

January 11, 2021businesswire.com

LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Zhongchao Inc. (“Zhongchao” or “the Company”) (NASDAQ: ZCMD) for violations of the securities laws. The investigation focuses...