Quick Answer
Zhongchao Inc. reported Total Revenue of $15.86 million for fiscal year 2024.
Zhongchao Inc. — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Total Revenue | $15.86M -18.4% |
$19.43M +37.3% |
$14.15M -13.2% |
$16.30M -9.4% |
$17.99M +20.9% |
$14.88M +15.7% |
| Net Income | -$643.2K +94.3% |
-$11.34M -285.5% |
-$2.94M -1332.2% |
$238.7K -94.6% |
$4.46M +10.2% |
$4.05M +34.0% |
| Diluted EPS | -$0.12 +97.2% |
-$4.35 -285.0% |
-$1.13 -1277.1% |
$0.10 -47.5% |
$0.18 | — |
| Total Assets | $25.88M +6.0% |
$24.42M -36.8% |
$38.61M +6.5% |
$36.27M +4.2% |
$34.82M +96.3% |
$17.74M +26.3% |
| Cash and Equivalents | $7.84M +3.9% |
$7.55M -34.5% |
$11.52M -17.2% |
$13.91M -7.7% |
$15.07M +92.4% |
$7.83M -1.1% |
| Stockholders Equity | $20.84M +15.7% |
$18.01M -39.8% |
$29.93M -8.1% |
$32.57M +2.3% |
$31.83M +107.5% |
$15.34M +34.7% |
| R&D Expense | $252.5K -50.9% |
$514.4K +25.0% |
$411.5K -45.8% |
$758.9K -7.1% |
$816.6K -5.5% |
$864.3K -40.3% |
| Operating Income | -$341.3K +97.4% |
-$13.28M -349.6% |
-$2.95M -821.1% |
-$320.7K -107.1% |
$4.49M +23.3% |
$3.64M |
| Gross Profit | $8.91M +4.7% |
$8.51M +33.9% |
$6.36M -32.7% |
$9.44M -20.5% |
$11.87M +16.1% |
$10.23M +21.6% |
- Zhongchao Inc. reported Total Revenue of $15.86 million for fiscal year 2024.
- Zhongchao Inc. showed a decrease of -18.4% in Total Revenue compared to the prior fiscal year.
- Zhongchao Inc. reported Net Income of -$643.2 thousand for fiscal year 2024.
- Zhongchao Inc. showed an increase of +94.3% in Net Income compared to the prior fiscal year.
- Zhongchao Inc. reported Diluted EPS of $0.12 per share (loss) for fiscal year 2024.
- Zhongchao Inc. showed an increase of +97.2% in Diluted EPS compared to the prior fiscal year.
- Zhongchao Inc. reported Total Assets of $25.88 million for fiscal year 2024.
- Zhongchao Inc. showed an increase of +6.0% in Total Assets compared to the prior fiscal year.
- Zhongchao Inc. reported Cash and Equivalents of $7.84 million for fiscal year 2024.
- Zhongchao Inc. showed an increase of +3.9% in Cash and Equivalents compared to the prior fiscal year.
- Zhongchao Inc. reported Stockholders Equity of $20.84 million for fiscal year 2024.
- Zhongchao Inc. showed an increase of +15.7% in Stockholders Equity compared to the prior fiscal year.
- Zhongchao Inc. reported R&D Expense of $252.5 thousand for fiscal year 2024.
- Zhongchao Inc. showed a decrease of -50.9% in R&D Expense compared to the prior fiscal year.
- Zhongchao Inc. reported Operating Income of -$341.3 thousand for fiscal year 2024.
- Zhongchao Inc. showed an increase of +97.4% in Operating Income compared to the prior fiscal year.
- Zhongchao Inc. reported Gross Profit of $8.91 million for fiscal year 2024.
- Zhongchao Inc. showed an increase of +4.7% in Gross Profit compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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