Financial statements Volta Communications
Revenue and profit of VOLTA COMMUNICATIONS
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
---|---|---|---|---|---|---|
Net sales | 5 377 491,50 | 4 999 869,47 | 4 300 929,29 | 4 698 287,10 | 4 138 204,99 | 3 897 899,48 |
Operating activity costs | 6 100 301,37 | 5 913 242,23 | 6 356 231,99 | 5 021 966,00 | 6 762 756,01 | 6 653 246,01 |
Sales profit | -722 809,87 | -913 372,76 | -2 055 302,70 | -323 678,90 | -2 624 551,02 | -2 755 346,53 |
Other operating income | 861 186,03 | 979 367,80 | 1 029 732,19 | 1,31 | 1 001 510,15 | 1 168 534,49 |
Other operating expenses | 19 797,73 | 288 625,49 | 43,95 | 654 187,58 | 9 456,69 | 1 186 563,26 |
Operating profit (loss) | 118 578,43 | - | - | - | - | - |
Gross profit (loss) | 48 832,50 | -537 222,41 | -1 093 536,60 | 382 801,88 | -2 134 997,55 | -3 473 355,58 |
Net profit (loss) | 35 793,50 | -537 222,41 | -1 093 536,60 | -1 360 667,05 | -2 134 997,55 | -3 473 355,58 |
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.