Financial statements Icetorch Interactive

Profit and loss statement of Icetorch Interactive

Company age:
Age:
7 y. 3 d.
Share capital:
Share capital:
1 000 000 PLN
Profit and loss statement Balance Cash flow Profitability

Revenue and profit of ICETORCH INTERACTIVE

Year
2018
2019
2020
2021
2022
2023
Net sales 4 314,40 39 750,35 236 969,85 168 265,68 74 414,33 70 278,53
Operating activity costs 430 821,47 201 746,59 352 635,26 314 192,67 149 891,48 111 190,28
Sales profit -426 507,07 -161 996,24 -115 665,41 -145 926,99 -75 477,15 -40 911,75
Other operating income 1,08 0,81 0,00 16 777,99 5,16 26 561,35
Other operating expenses 3 841,71 12 417,14 0,00 761,26 1,71 9 536,37
Operating profit (loss) -430 347,70 -174 412,57 -115 665,41 -129 910,26 -75 473,70 -23 886,77
Gross profit (loss) -426 024,58 -157 952,15 -115 679,56 -130 325,06 -75 869,46 -25 235,49
Net profit (loss) -426 024,58 -157 952,15 -115 679,56 -130 325,06 -75 869,46 -25 235,49
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.