Vuzix
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Vuzix's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $12,129,139. Profit margin reached -413%. Total operating expenses were $50,552,926.

Profit Margin

Vuzix Corporation (LSE:0LRL.L): Profit margin
2014 3.03M -7.86M -259.52%
2015 2.74M -13.42M -488.27%
2016 2.12M -19.25M -904.87%
2017 5.53M -19.63M -354.54%
2018 8.09M -21.87M -270.26%
2019 6.67M -26.47M -396.91%
2020 11.58M -18.02M -155.64%
2021 13.16M -40.64M -308.7%
2022 11.83M -39.29M -332%
2023 12.12M -50.14M -413.46%

0LRL.L Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
12.12M11.83M13.16M11.58M6.67M8.09M5.53M2.12M2.74M3.03M
Cost of revenue
13.87M10.35M10.71M9.65M11.07M6.32M6.21M3.29M2.18M2.10M
Gross profit
-1.74M1.48M2.45M1.92M-4.40M1.76M-676.59K-1.16M566.18K930.16K
Operating exp.
Research and development
12.33M12.67M11.67M7.56M8.90M10.37M6.70M6.94M3.59M1.75M
Selling and marketing
12.71M8.07M6.11M4.04M4.21M4.82M3.69M3.39M1.79M1.23M
Total operating expenses
50.55M43.58M42.16M20.98M22.15M23.64M17.55M16.22M11.94M5.94M
Operating income
-52.30M-42.1M-39.71M-19.05M-26.56M-21.86M-19.35M-18.53M-11.34M-5.03M
Other income (expenses), net
2.15M1.33M-661K1.17M89.87K274-278.95K-1.85M-2.08M-2.83M
Income before tax
-50.14M-40.76M-40.37M-17.95M-26.47M-21.87M-19.63M-19.25M-13.42M-7.86M
Income tax expense
0-1.46M264K74K0-58.19K278.95K714.32K2.04M2.85M
Net income
-50.14M-39.29M-40.64M-18.02M-26.47M-21.87M-19.63M-19.25M-13.42M-7.86M
Earnings per share
Basic EPS
-0.79-0.62-0.66-0.47-0.87-0.8-0.93-1.14-0.87-0.75
Diluted EPS
-0.79-0.62-0.66-0.47-0.87-0.8-0.93-1.14-0.87-0.75
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