Jowell Global Ltd. income statement
In fiscal 2025, Jowell Global Ltd. reported revenue of $165m, up 24.1% on the year before, operating income of −$5.0m (a -3.0% margin) and net income of −$6.3m, or −$2.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 62 | 97 | 171 | 210 | 160 | 133 | 165 |
| Cost of revenue | — | — | 0 | 0 | 1 | — | — | — |
| Gross profit | — | — | 97 | 171 | 209 | — | — | — |
| Selling and marketing | 1 | 1 | 1 | 9 | 9 | 8 | 5 | 5 |
| General and administrative | 0 | 1 | 2 | 6 | 6 | 3 | 3 | 3 |
| Operating income | 2 | 2 | 5 | −7 | −12 | −11 | −8 | −5 |
| Interest expense | — | — | — | 0 | 0 | 0 | — | — |
| Income before tax | 2 | 2 | 5 | −7 | −12 | −11 | 8 | −6 |
| Income tax | 1 | 0 | 2 | −0 | −0 | 0 | 0 | 0 |
| Net income | 1 | 1 | 4 | −6 | −12 | −11 | −8 | −6 |
| Diluted EPS | $1.12 | $0.96 | $2.88 | −$4.16 | −$6.25 | −$5.38 | −$3.69 | −$2.87 |
| Diluted shares (average) | 1m | 1m | 1m | 2m | 2m | 2m | 2m | 2m |
| EBITDA | 2 | 2 | 5 | −7 | −12 | −10 | −8 | −5 |
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