Accredited Solutions, Inc. income statement ASII

Annual Quarterly

In fiscal 2023, which ended Dec 31, 2023, Accredited Solutions, Inc. reported revenue of $688,875, up 42.6% from the year before. It recorded a net loss of $1.5 million. The operating loss came to $148,773, an operating margin of -21.6%. Over the twelve months ended Sep 30, 2024, revenue was $598,596 and net income was $2.6 million.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2024 Sep 30, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016	FY 2015 Dec 31, 2014	FY 2011 Dec 31, 2011
Revenue	1 -15.3%	1 +42.6%	0	0 -100.0%	0	—	—	—	—	—	—
Cost of revenue	0 -9.9%	1 +42.0%	0	0 -100.0%	0	—	—	—	—	—	—
Gross profit	0 -34.7%	0 +45.2%	0	0 -100.0%	0 +81.5%	0	—	—	—	—	—
Selling, general and administrative	1 +139.1%	0 -5.2%	0	0	—	—	—	—	—	—	0
Operating income	-1 -269.1%	-0 +27.9%	-0	0 +100.0%	-1 -753.2%	-0 -52.4%	-0 -10011.8%	-0 +49.8%	-0	—	—
Pretax income	—	—	—	—	—	—	—	—	—	—	-2
Income tax	—	0	0	0	0	—	—	—	—	—	—
Net income	3 +160.0%	-1 -4597.7%	-0 -105526.7%	-0 +100.0%	-1 +13.9%	-2 -1578.7%	-0 +40.6%	-0 -490.3%	0 -86.0%	0	-2
Other measures
Depreciation and amortization	0 -69.7%	0 -1.4%	0	0	—	—	—	—	—	—	0
EBITDA	-1 -393.5%	-0 +31.8%	-0	0	—	—	—	—	—	—	—
Interest coverage	-1.19x	-0.37x	-0.26x	—	-19.42x	-0.45x	—	—	—	—	—
Margins
Gross margin	16.63%	20.04%	19.69%	—	17.55%	—	—	—	—	—	—
Operating margin	-87.86%	-21.60%	-42.71%	—	-316.29%	—	—	—	—	—	—
Profit margin	434.90%	-216.09%	-6.56%	—	-351.60%	—	—	—	—	—	—
EBITDA margin	-85.93%	-17.84%	-37.28%	—	—	—	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Beverages (SIC 2080)
Listed as: ASII (OTC)
Fiscal year ends: December 31
Incorporated in: NV
Headquarters: Cornelius, NC
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1464865
Former names: Good Hemp, Inc. (until Jun 21, 2022); Lone Star Gold, Inc. (until Sep 17, 2019); Keyser Resources, Inc. (until May 12, 2011)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.