Novanta
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. Novanta's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $881,662,000. Profit margin reached 8%. Total operating expenses were $289,401,000.

Profit Margin

Novanta Inc. (LSE:0VAG.L): Profit margin
2014 364.70M -24.25M -6.65%
2015 373.59M 35.61M 9.53%
2016 384.75M 22.00M 5.72%
2017 521.29M 60.05M 11.52%
2018 614.33M 49.10M 7.99%
2019 626.09M 40.77M 6.51%
2020 590.62M 44.52M 7.54%
2021 706.79M 50.33M 7.12%
2022 860.90M 74.05M 8.6%
2023 881.66M 72.87M 8.27%

0VAG.L Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
881.66M860.90M706.79M590.62M626.09M614.33M521.29M384.75M373.59M364.70M
Cost of revenue
481.76M482.43M406.46M346.10M364.01M352.80M300.75M222.30M215.70M214.53M
Gross profit
399.89M378.47M300.32M244.51M262.08M261.52M220.53M162.45M157.89M150.16M
Operating exp.
Research and development
91.68M85.77M72.52M60.99M55.96M51.02M41.67M32.00M31.04M28.95M
Selling and marketing
0000000000
Total operating expenses
289.40M271.00M218.25M184.81M190.22M182.47M155.79M121.94M120.70M123.59M
Operating income
110.49M103.07M100.22M55.88M89.21M71.01M57.19M32.56M28.93M-16.80M
Other income (expenses), net
-26.74M-15.92M-44.04M-7.48M-43.44M-7.93M18.56M-3.42M17.08M-1.10M
Income before tax
83.74M87.15M56.17M48.40M45.76M61.30M76.13M32.52M46.02M-17.91M
Income tax expense
10.87M13.10M5.84M3.88M4.99M10.20M13.82M10.51M10.39M-1.00M
Net income
72.87M74.05M50.33M44.52M40.77M49.10M60.05M22.00M35.61M-24.25M
Earnings per share
Basic EPS
2.032.081.421.271.161.411.140.631.03-0.71
Diluted EPS
2.022.061.411.251.151.381.130.631.02-0.71
Data sourceData sourceData sourceData sourceData sourceData sourceData sourceData sourceData sourceData source