Converge Technology Solutions Corp.
CTSDF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $2,592,081 | $2,705,207 | $2,164,647 | $1,527,841 |
| % Growth | -4.2% | 25% | 41.7% | – |
| Cost of Goods Sold | $1,900,639 | $2,113,778 | $1,613,879 | $1,182,137 |
| Gross Profit | $691,442 | $591,429 | $550,768 | $345,704 |
| % Margin | 26.7% | 21.9% | 25.4% | 22.6% |
| R&D Expenses | $0 | $2,444 | $845 | $0 |
| G&A Expenses | $537,813 | $544,810 | $421,939 | $259,489 |
| SG&A Expenses | $540,776 | $544,810 | $421,694 | $259,150 |
| Sales & Mktg Exp. | $2,963 | $0 | -$245 | -$339 |
| Other Operating Expenses | $89,665 | $0 | $75,114 | $36,473 |
| Operating Expenses | $630,441 | $547,254 | $496,808 | $295,623 |
| Operating Income | $61,001 | $46,619 | $70,993 | $48,106 |
| % Margin | 2.4% | 1.7% | 3.3% | 3.1% |
| Other Income/Exp. Net | -$261,518 | -$65,184 | -$111,900 | -$28,127 |
| Pre-Tax Income | -$200,517 | -$18,565 | $18,785 | $23,974 |
| Tax Expense | -$19,531 | -$12,172 | -$4,059 | $7,608 |
| Net Income | -$177,713 | -$1,448 | $27,283 | $16,366 |
| % Margin | -6.9% | -0.1% | 1.3% | 1.1% |
| EPS | -0.9 | -0.007 | 0.13 | 0.09 |
| % Growth | -12,757.1% | -105.4% | 44.4% | – |
| EPS Diluted | -0.9 | -0.007 | 0.13 | 0.08 |
| Weighted Avg Shares Out | 197,710 | 206,670 | 213,104 | 185,811 |
| Weighted Avg Shares Out Dil | 197,710 | 206,670 | 215,806 | 187,939 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $30,979 | $41,225 | $19,860 | $7,801 |
| Depreciation & Amortization | $100,456 | $119,983 | $80,064 | $39,587 |
| EBITDA | -$69,082 | $142,643 | $118,709 | $71,362 |
| % Margin | -2.7% | 5.3% | 5.5% | 4.7% |