iTonic Holdings Ltd. (ITOC) Income Statement
ITOC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsITOC revenue and net income
Where ITOC's revenue goes
2025Each bar shows an amount and its share of revenue. ITOC kept −974.7% of revenue as net income.
ITOC profit margins
ITOC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +16.7% | −8.4% | — | — |
| Gross profit | −5.1% | −16.3% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ITOC quarterly EPS vs estimates
iTonic beat the analyst EPS estimate in 0 of the last 1 quarters.
ITOC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $523,031 | $448,196 | $628,591 | $679,777 | $702,776 |
| Cost of revenue | $195,680 | $103,256 | $157,763 | $121,627 | $112,033 |
| Gross profit | $327,351 | $344,939 | $470,828 | $558,150 | $590,743 |
| Research & development | $459,135 | $93,324 | $84,474 | $73,717 | $81,220 |
| Sales, general & admin | $5.1M | $1.1M | $693,034 | $456,912 | $371,437 |
| Total operating expenses | $5.5M | $1.1M | $777,508 | $530,629 | $452,657 |
| Operating income | −$5.2M | −$770,266 | −$306,680 | $27,521 | $138,086 |
| Income before taxes | −$5.1M | −$638,759 | −$260,508 | $71,027 | $203,530 |
| Income taxes | — | $21,829 | −$19,291 | −$12,953 | $11,068 |
| Net income | −$5.1M | −$660,588 | −$241,217 | $83,980 | $192,462 |
| EBITDA | −$5.2M | −$566,325 | −$197,376 | $125,115 | $269,478 |
| EPS (diluted) | −$4.85 | −$0.03 | −$0.02 | $0.01 | — |
| Gross margin | 62.6% | 77.0% | 74.9% | 82.1% | 84.1% |
| Operating margin | −991.7% | −171.9% | −48.8% | 4.0% | 19.6% |
| Net margin | −974.7% | −147.4% | −38.4% | 12.4% | 27.4% |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 | Dec '22 | Jun '22 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $100,906 | $455,524 | $67,507 | $237,708 | $210,488 | $361,803 | $266,788 | $292,516 | $387,261 |
| Cost of revenue | $189,901 | $181,521 | $14,159 | $38,164 | $28,877 | $90,046 | $67,717 | $69,231 | $52,396 |
| Gross profit | −$88,995 | $274,003 | $53,348 | $199,544 | $181,611 | $271,757 | $199,071 | $223,285 | $334,865 |
| Research & development | $568,221 | $423,578 | $35,557 | $47,386 | $45,938 | $46,397 | $38,077 | $47,649 | $26,068 |
| Total operating expenses | $5.0M | $3.4M | $2.1M | $655,532 | $495,889 | $484,079 | $293,429 | $257,404 | $273,225 |
| Operating income | −$5.1M | −$3.1M | −$2.1M | −$455,988 | −$314,278 | −$212,322 | −$94,358 | −$34,119 | $61,640 |
| Income before taxes | −$6.8M | −$3.1M | −$2.0M | −$335,128 | −$303,631 | −$174,089 | −$86,419 | −$2,605 | $73,632 |
| Income taxes | — | — | — | $40,328 | −$18,499 | −$16,471 | −$2,820 | −$14,995 | $2,042 |
| Net income | −$5.9M | −$3.1M | −$2.0M | −$375,456 | −$285,132 | −$157,618 | −$83,599 | $12,390 | $71,590 |
| EBITDA | −$4.9M | −$3.1M | −$2.0M | −$335,128 | −$303,628 | −$144,833 | −$52,543 | $20,806 | $104,298 |
| EPS (diluted) | — | — | — | −$0.03 | — | — | — | — | — |
| Gross margin | −88.2% | 60.2% | 79.0% | 83.9% | 86.3% | 75.1% | 74.6% | 76.3% | 86.5% |
| Operating margin | −5,036.1% | −681.9% | −3,082.0% | −191.8% | −149.3% | −58.7% | −35.4% | −11.7% | 15.9% |
| Net margin | −5,802.8% | −671.8% | −3,018.2% | −157.9% | −135.5% | −43.6% | −31.3% | 4.2% | 18.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ITOC's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ITOC financial results
In fiscal year 2025 (ended December 31, 2025), iTonic reported revenue of $0.5 million, up 16.7% from the year before. It had a net loss of $5.1 million, a net profit margin of −974.7%. Diluted earnings per share came to −$4.85.
See the ITOC stock overview for the latest quote and news, or the ITOC chart for price history and technical indicators.
ITOC income statement FAQ
What is iTonic's annual revenue?
iTonic reported total revenue of $0.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 16.7% from $0.4 million the previous year.
Is iTonic profitable?
No. iTonic reported a net loss of $5.1 million in fiscal 2025, a net profit margin of −974.7%; its operating margin was −991.7%.
What is iTonic's gross margin?
iTonic's gross margin was 62.6% in fiscal 2025: for every $100 of revenue, iTonic kept $63 after the direct cost of its products and services.
How much does iTonic spend on research and development?
iTonic spent $0.5 million on research and development in fiscal 2025, 87.8% of revenue.
What are iTonic's earnings per share?
iTonic earned $-4.85 per diluted share in fiscal 2025, compared with $-0.03 a year earlier.
When does iTonic's fiscal year end?
iTonic's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.