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Income Statement
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MPHASE TECHNOLOGIES, INC. (XDSL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-21Jun-30-20Jun-30-19Jun-30-18Jun-30-17Jun-30-16Jun-30-15Jun-30-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenue  30.730.32.5  0.71.10.6
            Revenue growth  1.3%1111.1%  -100.0%-37.4%89.1%14125.7%
Cost of revenue  22.522.64.0  0.71.10.4
    Gross Profit  8.27.72.5     
            Gross margin  26.6%25.4%100.0%     
   
Operating Expenses:          
Software development costs  2.41.0     0.0
Salaries and benefits  1.117.6      
General and administrative expenses  1.41.70.20.70.20.71.13.8
    Total Operating Expenses  5.020.34.30.7    
    Operating Income (Loss)  3.2-12.6-1.8-0.7-0.2-0.7-1.1-3.9
            Operating margin  10.5%-41.5%-70.6%  -98.8%-98.0%-668.4%
   
Other (Expense) Income:          
Interest expense  -0.7-0.2-0.2-0.2-0.3-0.3-0.3-1.6
Amortization of debt discounts, deferred financing costs, and original issue discounts  -2.0-0.9      
Loss on debt extinguishments and settlements  0.1-0.40.11.1 0.0  
Gain on change in fair value of derivative liability  3.31.60.0  0.00.3 
    Total Other (Expense) Income  -3.6-1.5-0.20.90.0-0.20.1-2.1
    (Loss) income before income taxes  1.7-14.1-2.0     
   
Income taxes          
    Net (loss) income  1.7-14.1-2.00.3-0.3-0.9-1.1-5.9
   
Comprehensive (loss) income:          
Unrealized gain (loss) on currency translation adjustment  -0.10.1      
    Comprehensive (loss) income  1.5-14.0-2.0     
   
(Loss) Income per common share:          
(Loss) income per common share – basic  $0.02($1.08)($0.23)$0.09    
(Loss) income per common share – diluted  $0.02($1.08)($0.23)$0.09    
   
Weighted average shares outstanding – basic  20.75.91.23.317,904.616,541.514,889.87,033.9
Weighted average shares outstanding – diluted  73.113.18.53.618,000.016,541.514,889.87,033.9

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