American Virtual Cloud Technologies, Inc. (AVCT) Financials

NASDAQ Currency in USD Disclaimer

$0.60

north_east NA Past Year
Day's range
$0.55
Day's range
$0.67

AVCT Income statement / Annual

Last year (2022), American Virtual Cloud Technologies, Inc.'s total revenue was $16.81 M, a decrease of 16.15% from the previous year. In 2022, American Virtual Cloud Technologies, Inc.'s net income was -$39.43 M. See American Virtual Cloud Technologies, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017
Period Ended 12/31/2022 12/31/2021 03/31/2020 03/31/2019 03/31/2018 03/31/2017
Operating Revenue $16.81 M $20.05 M $0.00 $0.00 $0.00 $0.00
Cost of Revenue $18.37 M $16.18 M $0.00 $4.51 M $3.94 M $0.00
Gross Profit -$1.56 M $3.87 M $0.00 -$4.51 M -$3.94 M $0.00
Gross Profit Ratio -0.09 0.19 0 0 0 0
Research and Development Expenses $15.60 M $17.92 M $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $29.53 M $36.41 M $0.00 $0.00 $0.00 $59,193.00
Other Expenses $0.00 $0.00 $6.17 M $4.51 M $3.94 M $0.00
Operating Expenses $45.14 M $54.32 M $6.17 M $4.51 M $3.94 M $59,193.00
Cost And Expenses $63.51 M $70.50 M $6.17 M $4.51 M $3.94 M $59,193.00
Interest Income $0.00 $0.00 $1.37 M $5.28 M $1.60 M $0.00
Interest Expense -$764,000.00 $31.71 M $1.37 M $5.28 M $1.60 M $0.00
Depreciation & Amortization -$16.06 M $4.03 M $3,660.00 $3,659.00 $1,525.00 $52,516.00
EBITDA -$57.17 M -$125.65 M -$3.44 M $6.06 M -$731,220.00 -$59,193.00
EBITDA Ratio -3.4 -6.27 0 0 0 0
Operating Income Ratio -2.45 -6.47 0 0 0 0
Total Other Income/Expenses Net $1.14 M -$1.17 M -$1.37 M -$5.28 M -$1.60 M $0.00
Income Before Tax -$39.98 M -$130.85 M -$4.81 M $773,962.00 -$2.34 M -$59,193.00
Income Before Tax Ratio -2.38 -6.53 0 0 0 0
Income Tax Expense -$548,000.00 $31.71 M $216,275.00 -$215,837.00 $183,998.00 $0.00
Net Income -$39.43 M -$162.56 M -$5.02 M $989,799.00 -$2.52 M -$59,193.00
Net Income Ratio -2.35 -8.11 0 0 0 0
EPS -0.0029 -68.42 -9 1.73 -5.57 -0.23
EPS Diluted -0.0029 -68.42 -9 1.73 -5.57 -0.23
Weighted Average Shares Out $13.76 B $2.38 M $558,367.00 $570,891.00 $452,673.00 $254,107.00
Weighted Average Shares Out Diluted $13.76 B $2.38 M $558,367.00 $570,891.00 $452,673.00 $254,107.00
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