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Remark Holdings MARK
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Quarterly report 2024-Q3
added 05-16-2026

Remark Holdings Income Statement 2023-2009 | MARK

Brief overview of financial performance at Remark Holdings

The overview follows changes across a five-year period. The revenue attributed to Remark Holdings moved from 10.1 million dollars to 4.4 million dollars between the two endpoints. Across the full period, sales moved by −56.2%; the average annual rate was −15.2%. Sales followed a declining trajectory over the five years.

Gross profit was 54.5 million dollars at the start and 1.1 million dollars at the end of the period (−98%). The cost base moved more slowly than the top line, which supported margins. Gross profit as a share of revenue changed from 541.9% to 24.5%. The contraction points to pressure from direct costs or weaker pricing power.

EBITDA changed from −42.4 million dollars to −16.9 million dollars (+60.2%). EBITDA grew faster than revenue, indicating positive operating leverage. EBITDA margin was −421.9% at the start and −383.4% at the end. The increased EBITDA share is a positive sign.

Across the five years, the net result shifted from −$21.6 million to −$29.1 million. Larger losses indicate rising pressure on the business.

Financial takeaway

The indicators point to a weaker financial profile. The constructive conclusion rests on an improving EBITDA margin. The main areas of concern are weaker gross profitability, limited revenue growth and limited operating profitability. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.

Annual Income Statement Remark Holdings

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

Market Cap

7.03 M 15.5 M 7.8 M 258 M 29.3 M 80.8 M 178 M 61.2 M 59 M 54.7 M 46 M 8.72 M 32.5 M - -

Shares

16.7 M 10.6 M 10.1 M 85.6 M 44.4 M 39.1 M 23.8 M 20.5 M 15.3 M 11.9 M 7.73 M 6.61 M 5.42 M 5.38 M -

Historical Prices

0.42 1.46 0.77 3.01 0.66 2.07 7.48 2.98 3.86 4.6 5.95 1.32 6 - 19

Net Income

-29.1 M -55.5 M 27.5 M -13.7 M -25.6 M -21.6 M -107 M -31.7 M -31.4 M -18.2 M -6.96 M -6.04 M -6.8 M -5.91 M -

Revenue

4.4 M 11.7 M 16 M 10.1 M 5.02 M 10.1 M 70.6 M 59.3 M 14.2 M 1.84 M 2.05 M 501 K 4.99 M 6.46 M -

Cost of Revenue

3.32 M 11.3 M 11.5 M 6.42 M 3.51 M 12.9 M 16.9 M 11.2 M 2.54 M 74 K - - 3.19 M 5.41 M -

Gross Profit

- - - 3.72 M 1.51 M 54.5 M 53.7 M 48.2 M 12.4 M 1.76 M 2.05 M 501 K 1.8 M 1.25 M -

Operating Income

-17.2 M -21.3 M -13.9 M -14.2 M -22.8 M -44.5 M -37.4 M -22.6 M -22.6 M -17.9 M -5.89 M -6.46 M -4.72 M -4.52 M -

Interest Expense

4.29 M 6.07 M 2.31 M 1.34 M 1.88 M 3.24 M 4.64 M 4.68 M 1.93 M 460 K 364 K 64.8 K 123 K - -

EBITDA

-16.9 M -21.1 M -13.7 M -13.9 M -21.8 M -42.4 M -26.3 M -12.3 M -19.3 M -17.1 M -5.22 M -6.23 M -4.5 M -4.22 M -

Operating Expenses

- - - 12.7 M 21.7 M 124 M 108 M 81.9 M 36.8 M 19.6 M 7.93 M 6.96 M 9.71 M 5.77 M -

General and Administrative Expenses

13.4 M 18.4 M 14.1 M 9.37 M 14.2 M 28.5 M 19.4 M 36.5 M 24.3 M 17.8 M 6.31 M 6.15 M 5.9 M 4.98 M -

All numbers in USD currency

Quarterly Income Statement Remark Holdings

2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

50.8 M 45.7 M 34.2 M 22 M 18.4 M 14.1 M 13 M 11.5 M 10.5 M 10.5 M 10.5 M 105 M 100 M 99.9 M 99.8 M 99.5 M 99.4 M 89.3 M 53.8 M 51.1 M 46.3 M 43.3 M 39.3 M 39.1 M 35.5 M 32.9 M 32.4 M 28.4 M 22.8 M 22.6 M 22.5 M 22.2 M 20.4 M 20.1 M 19.7 M 19.7 M 14.8 M 13.9 M 12.9 M 12.8 M 8.98 M 8.13 M 7.87 M 11 M 7.22 M 7.19 M 7.13 M 7.11 M 6.41 M 6.61 M 5.78 M 5.42 M 5.42 M 5.42 M 5.42 M

Net Income

-9.61 M -5.26 M -13.8 M - -7.17 M -5.87 M -8.16 M - -8.92 M -12.5 M -25.4 M - 72.7 M -1.56 M -5.46 M - 4.41 M -9.82 M -2.42 M - -4.94 M -2.77 M -8.85 M - -3.76 M 3.38 M -14.1 M - -13.2 M -4.31 M -25 K - -15.3 M -5.43 M -2.38 M - -11.1 M -3.15 M -3.08 M - -3.74 M -5.3 M -3.76 M - -1.29 M -2.17 M -1.04 M - -2.43 M -5.58 M -106 K - -2.14 M -1.01 M -1.65 M

Revenue

320 K 3.7 M 387 K - 183 K 3.17 M 826 K - 2.81 M 2.56 M 4.67 M - 1.23 M 4.02 M 4.41 M - 2.65 M 2.3 M 431 K - 686 K 2.86 M 1.21 M - 1.76 M 3.89 M 16.7 M - 19.4 M 17.3 M 15.3 M - 15.1 M 15 M 14.3 M - 816 K 821 K 803 K - 230 K 766 K 660 K - 134 K 663 K 208 K - 263 K 33 K 24.1 K - 1.21 M 1.28 M 1.55 M

Cost of Revenue

107 K 2.92 M 350 K - 254 K 2.51 M 455 K - 2.46 M 1.85 M 4.27 M - 854 K 2.25 M 2.75 M - 1.68 M 1.21 M 21 K - 189 K 1.54 M 1.59 M - 1.23 M 3.28 M 4.03 M - 5.64 M 3.96 M 2.66 M - 2.86 M 2.62 M 2.35 M - 136 K 82 K 38 K - 33 K - - - - - - - - - - - 767 K 828 K 1.08 M

Gross Profit

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 12.4 M 11.9 M - 680 K 739 K 765 K - 197 K - - - - - - - - - 24.1 K - 443 K 453 K 470 K

Operating Income

-10 M -3.21 M -3.7 M - -4.13 M -3.96 M -3.04 M - -6.73 M -3.96 M -4.19 M - -6.66 M -2.47 M -3.66 M - -3.1 M -2.84 M -3.48 M - -4.27 M -2.93 M -5.86 M - -6.37 M -6.71 M -21.2 M - -5.93 M -4.68 M -5.38 M - -4.2 M -3.5 M -5.18 M - -9.31 M -3.09 M -2.95 M - -4.13 M -4.56 M -3.54 M - -1.02 M -1.84 M -786 K - -1.93 M -6.51 M -1.47 M - -1.46 M -929 K -1.21 M

Interest Expense

- - 943 K - 949 K 858 K 1.54 M - 1.36 M 1.77 M 2.19 M - 438 K 380 K 235 K - 60 K 775 K 461 K - 457 K 553 K 387 K - 345 K 330 K 1.41 M - 1.08 M 1.18 M 1.02 M - 1.22 M 1.22 M 1.21 M - 303 K 211 K 194 K - 114 K 113 K 93 K - 110 K 113 K 44.4 K - 11.5 K 2.44 K 24.7 K - 37.1 K 37 K 11.2 K

EBITDA

-9.87 M -3.16 M -3.63 M - -4.02 M -3.93 M -3 M - -6.68 M -3.92 M -4.14 M - -6.52 M -2.36 M -3.59 M - -2.88 M -2.77 M -3.39 M - -4.04 M -2.67 M -5.53 M - -5.85 M -6.16 M -18.5 M - -3.45 M -1.78 M -2.52 M - -1.67 M -1.02 M -2.78 M - -9.21 M -2.87 M -2.72 M - -3.9 M -4.39 M -3.41 M - -900 K -1.71 M -702 K - -1.78 M -6.49 M -1.45 M - -1.38 M -868 K -1.14 M

Operating Expenses

- - - - - - - - - - - - - - - - - - - - 4.96 M 5.8 M 25.3 M - 8.12 M 10.6 M 37.9 M - 25.4 M 21.9 M 20.7 M - 19.3 M 18.5 M 19.4 M - 10.1 M 3.83 M 3.72 M - 4.33 M 5.32 M 4.2 M - 1.16 M 2.5 M 994 K - 2.2 M 1.61 M 1.5 M - 2.67 M 2.21 M 1.68 M

General and Administrative Expenses

2.76 M 3.29 M 3.02 M - 2.84 M 3.24 M 2.83 M - 6.73 M 3.93 M 3.94 M - 5.49 M 2.48 M 2.7 M - 2.38 M 1.9 M 2.74 M - 3.05 M 2.45 M 2.98 M - 3.76 M 4.38 M 18.6 M - 9.97 M 8.36 M 8.33 M - 7.92 M 7.91 M 8.42 M - 8.86 M 3.34 M 3.16 M - 3.89 M 4.62 M 3.92 M - 866 K 1.74 M 815 K - 1.33 M 1.13 M 1.12 M - 1.35 M 1.28 M 1.61 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Remark Holdings (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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