Financial statements 7Tech
Revenue and profit of 7TECH
| 
                    Year
                     | 
                                    
                         
                            2018
                                                     
                     | 
                                    
                         
                            2019
                                                     
                     | 
                                    
                         
                            2020
                                                     
                     | 
                                    
                         
                            2021
                                                     
                     | 
                                    
                         
                            2022
                                                     
                     | 
                                    
                         
                            2023
                                                     
                     | 
                            
|---|---|---|---|---|---|---|
| Net sales | 409 939,95 | 64 024,76 | 215 049,78 | 207 800,98 | 448 548,96 | 139 010,00 | 
| Operating activity costs | 260 439,07 | 120 650,18 | 144 825,18 | 225 977,40 | 267 624,93 | 275 480,10 | 
| Sales profit | 149 500,88 | -56 625,42 | 70 224,60 | -18 176,42 | 180 924,03 | -136 470,10 | 
| Other operating income | 0,15 | 24,87 | 0,61 | 2 592,92 | 4 650,12 | 47,99 | 
| Other operating expenses | -2,45 | 1,36 | 830,05 | 1 338,21 | 9 236,18 | 2 644,27 | 
| Operating profit (loss) | 149 503,48 | -56 601,91 | 69 395,16 | -16 921,71 | 176 337,97 | -139 066,38 | 
| Gross profit (loss) | 149 487,88 | -57 437,99 | 69 352,16 | -18 042,98 | 177 563,88 | -140 809,08 | 
| Net profit (loss) | 126 311,88 | -57 437,99 | 63 009,16 | -18 042,98 | 167 763,88 | -140 809,08 | 
Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.
                    - Sales Revenue - Revenue obtained from the sale of goods, products, or services during a given reporting period.li>
 - Cost of Goods Sold - Costs directly related to the production or purchase of the products, goods, or services sold.
 - Gross Profit from Sales - The difference between sales revenue and the cost of goods sold.
 - Income Tax - The amount of income tax payable on gross profit in accordance with tax regulations.
 - Net Profit - The profit after deducting all costs, including income tax.
 - Amortization - Amortization is an accounting method used to gradually reduce the book value of a loan or intangible asset over a specific time frame. For loans, it involves distributing payments across the repayment period. When applied to assets, amortization functions similarly to depreciation.
 - Employee Costs - Costs related to salaries, social benefits, and other employment-related expenses.
 - Selling Costs - Costs related to sales activities, including expenses for advertising, marketing, transportation, etc.
 - General Administrative Costs - Costs related to maintaining the company's operational activities, including administrative expenses.
 - Operating Profit (EBIT) - Profit before deducting interest and taxes, calculated as the difference between revenue and operating costs.
 - Financial Income - Income earned from financial activities, such as interest, dividends, and gains from securities.
 - Financial Costs - Costs related to financial activities, such as interest on loans and losses from trading securities.
 - Gross Profit - Profit before taxation, taking into account the company's operating and financial activities.
 - Other Operating Income - Income related to operating activities that do not directly result from sales, such as the sale of assets.
 - Other Operating Costs - Costs related to operating activities that are not directly tied to the core business, such as losses from the sale of assets.
 - Interest Income - Income earned from interest on bank deposits, bonds, or other financial instruments.
 - Interest Costs - Costs incurred from interest on loans, borrowings, or bonds.
 - Earnings Per Share (EPS) -
 - - Profit attributable to one common share, calculated as net profit divided by the number of shares.
 - Profit Before Tax - Profit earned after accounting for all operating and financial costs, but before tax deduction.
 - Gain on Sale of Assets - Profit earned from the sale of fixed assets or other components of the company's property.
 - External Services Costs - Costs related to services provided by external entities, such as transportation, repair, or consulting services.
 - Compensation and Penalty Costs - Costs incurred for the payment of compensation, contractual penalties, or other liabilities arising from court or administrative decisions.
 - Grants and Subsidies - Income earned from grants, subsidies, or other forms of financial support received from the government or other institutions.
 - Research and Development (R&D) Costs - Costs incurred for research and development activities aimed at innovation and improving products or services.
 - Bank Fees and Commissions - Costs incurred for bank services, including account management, financial transaction processing, and other banking services.
 - License Income - Income earned from granting licenses for the use of intellectual property rights, such as patents or trademarks.
 - Promotion and Advertising Costs - Costs related to marketing activities, promotion, and advertising of products or services.