IMAC Holdings, Inc. Income Statement
BACK|5 years of annual SEC 10-K data (FY2019-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$72,050
FY2024
Gross Profit
-$233,198
-323.7% gross margin
Operating Income
-$6M
FY2024
Net Income
-$9M
FY2024
IMAC Holdings, Inc. reported $72,050 in revenue and $9M in net loss for FY2024. Revenue has declined at a 65.7% compound annual rate over the past 5 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -49.22 (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Negative shareholders equity: Liabilities exceed assets
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Revenue | $72.0K | $16.2M | $14.4M | $12.8M | $15.1M |
| Cost of Revenue | $305.2K | - | - | - | - |
| Gross Profit | -$233.2K | - | - | - | - |
| SG&A Expense | $5.4M | $2.5M | $6.4M | $4.6M | $5.1M |
| Operating Income | -$5.6M | -$11.8M | -$10.1M | -$6.5M | -$6.2M |
| Interest Expense | $640.0K | $3.2K | $504.1K | $563.1K | $258.5K |
| Net Income | -$9.0M | -$18.3M | -$10.5M | -$4.0M | -$6.5M |
| EPS (Basic) | -$8.47 | -$0.47 | - | - | - |
| EPS (Diluted) | -$8.47 | - | -$0.41 | -$0.84 | -$0.47 |
| Shares Outstanding | 1.1M | 26.2M | 12.7M | 8.9M | 4.5M |
| Gross Margin | -323.7% | - | - | - | - |
| Operating Margin | -7804.7% | -73.1% | -70.2% | -50.9% | -40.9% |
| Profit Margin | -12554.9% | -113.1% | -73.3% | -31.5% | -43.0% |