Financial statements Ct Connect
Revenue and profit of CT CONNECT
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 8 659 041,59 | 8 259 666,47 | 6 923 271,22 | 10 386 220,22 | 11 272 593,74 | 9 391 731,05 |
| Operating activity costs | 8 063 163,04 | 7 950 831,32 | 5 647 697,41 | 9 645 450,43 | 8 820 919,87 | 8 535 823,13 |
| Sales profit | 595 878,55 | 308 835,15 | 1 275 573,81 | 740 769,79 | 2 451 673,87 | 855 907,92 |
| Other operating income | 3 993,07 | 4 832,46 | 200,00 | 0,00 | 40 000,58 | 0,18 |
| Other operating expenses | 3 841,65 | 4 005,94 | 292,94 | 26 081,06 | 445,60 | 4 079,26 |
| Operating profit (loss) | 596 029,97 | 309 661,67 | 1 275 480,87 | 714 688,73 | 2 491 228,85 | 851 828,84 |
| Gross profit (loss) | 577 624,35 | 276 940,55 | 1 275 095,89 | 717 575,93 | 2 481 570,36 | 850 081,55 |
| Net profit (loss) | 462 094,35 | 222 657,55 | 1 032 283,89 | 575 446,93 | 2 481 570,36 | 849 580,55 |
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.