The table below shows QMMM Holdings Ltd's income statement line items across its last 3 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2024
FY 2023
FY 2022
Revenue
$2.70M
$2.81M
$3.40M
Cost of revenue
$2.28M
$2.18M
$2.06M
Gross profit
$415.00K
$630.47K
$1.34M
R&D
-
-
-
SG&A
$1.66M
$1.93M
$439.55K
Operating income
-$1.57M
-$1.30M
$870.82K
Income tax
-
$3.57K
$116.36K
Net income
QMMM annual revenue (10-K history)
QMMM Holdings Ltd reported annual revenue of $2.70M for fiscal year 2024. That is down 3.9% from $2.81M in fiscal 2023. Figures come from the company's audited annual reports as filed with the SEC.