Openworld, Inc. income statement
In fiscal 2025, Openworld, Inc. reported revenue of $16.4m, down 32.3% on the year before, operating income of −$5.1m (a -30.9% margin) and net income of −$4.9m, or −$0.39 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 | 2008Dec 2008 | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 20 | 25 | 24 | 16 | 11 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 13 | 17 | 16 | 10 | 6 |
| Gross profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 6 | 8 | 9 | 6 | 5 |
| Research and development | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 |
| General and administrative | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 2 | 1 | 2 | 4 | 8 | 4 | 4 | 3 | 4 |
| Operating income | — | — | — | −1 | −1 | −12 | −14 | −5 | −4 | −3 | −2 | −4 | −5 | −4 | −3 | −4 | −5 | −5 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | — | — | — | — | 0 | — | — | — |
| Net interest income | — | — | — | — | — | — | — | −0 | — | 0 | −0 | −2 | 0 | −0 | −0 | −0 | 0 | 0 |
| Income before tax | — | — | — | −1 | −1 | −16 | −8 | — | −0 | −0 | −3 | −6 | −4 | −14 | −3 | −4 | −5 | — |
| Income tax | — | — | — | — | — | 0 | 0 | — | — | — | — | — | — | — | 0 | −1 | −1 | — |
| Net income | −1 | −1 | −1 | −1 | −1 | −16 | −8 | −2 | −2 | −3 | −3 | −6 | 4 | −14 | −3 | −4 | −5 | −5 |
| Diluted EPS | −$0.01 | −$0.01 | −$0.01 | $0.00 | $42.50 | −$297.50 | −$111.00 | −$0.47 | −$12.00 | −$0.03 | −$1.17 | −$1.48 | $0.49 | −$1.70 | −$0.35 | −$0.37 | −$0.39 | −$0.40 |
| Diluted shares (average) | — | — | — | — | — | — | — | — | — | 2m | 2m | 4m | 7m | 8m | 10m | 10m | 13m | 13m |
| EBITDA | — | — | — | −1 | −1 | −12 | −13 | −5 | −4 | −3 | −2 | −4 | −5 | −3 | −2 | −3 | −4 | −5 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,435 | 7,661 | 4,455 | 4,520 | 5,033 | 2,390 | 1,772 | 1,908 |
| Cost of revenue | 3,540 | 5,244 | 2,965 | 2,929 | 2,960 | 1,223 | 812 | 887 |
| Gross profit | 1,895 | 2,417 | 1,490 | 1,591 | 2,073 | 1,167 | 960 | 1,021 |
| Research and development | 5 | 5 | 5 | 5 | 5 | 5 | — | — |
| Selling and marketing | 401 | 362 | 296 | 272 | 237 | 162 | 141 | 155 |
| General and administrative | 778 | 1,072 | 856 | 716 | 669 | 1,175 | 1,016 | 815 |
| Operating income | −2,870 | −337 | −593 | −322 | −3,432 | −723 | −767 | −556 |
| Interest expense | 22 | — | — | — | — | — | — | — |
| Net interest income | −29 | −21 | 22 | 32 | 67 | 93 | 88 | 51 |
| Net income | −2,424 | −501 | −571 | −291 | −3,356 | −687 | −679 | −505 |
| Diluted EPS | −$0.23 | −$0.05 | −$0.05 | −$0.02 | −$0.26 | −$0.05 | −$0.05 | −$0.04 |
| EBITDA | −2,564 | −30 | −307 | −36 | −3,151 | −592 | −635 | −408 |
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