XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]        
Net revenues - third parties $ 10,440,287 $ 4,665,235 $ 16,617,820 $ 9,480,086
Net revenues - related party 75,000 555,246 397,000 1,120,406
Total revenues 10,515,287 5,220,481 17,014,820 10,600,492
Cost of revenues (8,556,597) (3,375,878) (13,640,429) (7,041,796)
Gross profit 1,958,690 1,844,603 3,374,391 3,558,696
Selling expenses (258,229) (335,261) (366,598) (357,727)
General and administrative expenses (1,831,746) (1,546,305) (3,676,579) (2,247,289)
Stock-based compensation (1,047,376) (280,709) (1,864,584) (343,082)
Total operating expenses (3,137,351) (2,162,275) (5,907,761) (2,948,098)
Operating income (loss) (1,178,661) (317,672) (2,533,370) 610,598
Financial income, net 782 137,799 1,494 222,595
Net income (loss) before provision for income taxes (1,177,879) (179,873) (2,531,876) 833,193
Income tax benefit (expense) (244,979) 571,121 (178,513) 274,692
Net income (loss) (1,422,858) 391,248 (2,710,389) 1,107,885
Net income attributable to non-controlling interest 51,114 93,545 80,345 192,993
Net income (loss) attributable to Sino-Global Shipping America, Ltd. (1,473,972) 297,703 (2,790,734) 914,892
Comprehensive income (loss)        
Net income (loss) (1,422,858) 391,248 (2,710,389) 1,107,885
Other comprehensive income (loss) - foreign currency (106,762) 97,600 (568,924) 145,317
Comprehensive income (loss) (1,529,620) 488,848 (3,279,313) 1,253,202
Less: Comprehensive income attributable to non-controlling interest 26,930 20,618 133,655 61,365
Comprehensive income (loss) attributable to Sino-Global Shipping America Ltd. $ (1,556,550) $ 468,230 $ (3,412,968) $ 1,191,837
Earnings (loss) per share        
Basic $ (0.11) $ 0.03 $ (0.21) $ 0.09
Diluted $ (0.11) $ 0.03 $ (0.21) $ 0.09
Weighted average number of common shares used in computation        
Basic 13,769,918 10,367,492 13,457,726 10,236,513
Diluted 13,769,918 10,415,503 13,457,726 10,286,683