Financial statements Irex
Revenue and profit of IREX
| Year | 
                            2018
                                                     | 
                            2019
                                                     | 
                            2020
                                                     | 
                            2021
                                                     | 
                            2022
                                                     | 
                            2023
                                                     | 
|---|---|---|---|---|---|---|
| Net sales | 3 352 905,97 | 6 940 605,42 | 3 232 908,74 | 3 333 269,20 | 5 695 210,60 | 5 182 899,85 | 
| Operating activity costs | 2 874 980,20 | 5 899 691,41 | 3 504 040,10 | 3 185 487,81 | 5 372 549,52 | 4 253 792,70 | 
| Sales profit | 477 925,77 | 1 040 914,01 | -271 131,36 | 147 781,39 | 322 661,08 | 929 107,15 | 
| Other operating income | 72 726,90 | 518,47 | 103 807,53 | 262 341,06 | 15 004,08 | 67 572,35 | 
| Other operating expenses | 39 600,82 | 3,07 | 344,58 | 100,80 | 111 283,96 | 51,83 | 
| Operating profit (loss) | 511 051,85 | 1 041 429,41 | -167 668,41 | 410 021,65 | 226 381,20 | 996 627,67 | 
| Gross profit (loss) | 465 857,90 | 902 795,20 | -167 663,44 | 406 562,96 | 214 603,29 | 1 027 536,52 | 
| Net profit (loss) | 389 619,90 | 812 652,20 | -167 663,44 | 0,00 | 193 655,29 | 932 314,52 | 
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.
