WLGS
Income statement / Annual
Last year (2023), WANG & LEE GROUP, Inc.'s total revenue was $6.83 M,
an increase of 63.69% from the previous year.
In 2023, WANG & LEE GROUP, Inc.'s net income was -$648,854.00.
See WANG & LEE GROUP, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$6.83 M |
$4.17 M |
$4.14 M |
$4.07 M |
$4.67 M |
| Cost of Revenue |
$4.39 M
|
$3.38 M
|
$3.28 M
|
$3.34 M
|
$3.83 M
|
| Gross Profit |
$2.44 M
|
$785,704.00
|
$859,760.00
|
$735,165.00
|
$843,735.00
|
| Gross Profit Ratio |
0.36
|
0.19
|
0.21
|
0.18
|
0.18
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$3.21 M
|
$1.43 M
|
$1.22 M
|
$592,539.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$3.21 M
|
$1.43 M
|
$1.22 M
|
$592,539.00
|
$692,464.00
|
| Other Expenses |
$0.00
|
$79,948.00
|
$19,428.00
|
$190,165.00
|
$0.00
|
| Operating Expenses |
$3.21 M
|
$1.43 M
|
$1.22 M
|
$592,539.00
|
$692,464.00
|
| Cost And Expenses |
$7.60 M
|
$4.81 M
|
$4.50 M
|
$3.93 M
|
$4.52 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$61,564.00
|
$35,377.00
|
$13,312.00
|
$49,229.00
|
$76,820.00
|
| Depreciation & Amortization |
$32,413.00
|
$2,603.00
|
$466.88
|
$6,196.00
|
$17,173.00
|
| EBITDA |
-$554,877.00 |
-$558,899.00 |
-$337,802.00 |
$338,992.00 |
$168,904.00 |
| EBITDA Ratio |
-0.08
|
-0.13
|
-0.08
|
0.08
|
0.04
|
| Operating Income Ratio |
-0.11
|
-0.15
|
-0.09
|
0.04
|
0.03
|
| Total Other Income/Expenses Net |
$122,236.00
|
$44,571.00
|
$6,116.00
|
$140,936.00
|
-$76,357.00
|
| Income Before Tax |
-$648,854.00
|
-$596,881.00
|
-$354,743.00
|
$283,562.00
|
$74,914.00
|
| Income Before Tax Ratio |
-0.1
|
-0.14
|
-0.09
|
0.07
|
0.02
|
| Income Tax Expense |
$0.00
|
$115,325.00
|
$32,740.00
|
$5,544.00
|
$4,408.00
|
| Net Income |
-$648,854.00
|
-$596,881.00
|
-$354,743.00
|
$278,018.00
|
$70,506.00
|
| Net Income Ratio |
-0.1
|
-0.14
|
-0.09
|
0.07
|
0.02
|
| EPS |
-0.0055 |
-0.0398 |
-0.0236 |
0.0185 |
0.0053 |
| EPS Diluted |
-0.0055 |
-0.0398 |
-0.0236 |
0.0185 |
0.0053 |
| Weighted Average Shares Out |
$15.09 M
|
$15.00 M
|
$15.00 M
|
$15.00 M
|
$13.40 M
|
| Weighted Average Shares Out Diluted |
$15.09 M
|
$15.00 M
|
$15.00 M
|
$15.00 M
|
$13.40 M
|
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