AudioCodes Ltd.
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. AudioCodes Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 11% to $244,383,000. Profit margin reached 4%. Total operating expenses were $143,925,000.
Profit Margin
| 2014 | 151.57M | -86K | -0.06% |
|---|---|---|---|
| 2015 | 139.75M | 366K | 0.26% |
| 2016 | 145.57M | 16.23M | 11.15% |
| 2017 | 156.73M | 4.03M | 2.57% |
| 2018 | 176.22M | 13.49M | 7.66% |
| 2019 | 200.28M | 3.97M | 1.99% |
| 2020 | 220.77M | 27.24M | 12.34% |
| 2021 | 248.92M | 33.75M | 13.56% |
| 2022 | 275.09M | 28.46M | 10.35% |
| 2023 | 244.38M | 8.78M | 3.59% |
AUDC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 244.38M | 275.09M | 248.92M | 220.77M | 200.28M | 176.22M | 156.73M | 145.57M | 139.75M | 151.57M |
Cost of revenue | 86.03M | 96.31M | 78.02M | 70.95M | 105.32M | 65.61M | 58.89M | 57.23M | 56.97M | 62.59M |
Gross profit | 158.34M | 178.77M | 170.89M | 149.81M | 94.95M | 110.60M | 97.84M | 88.34M | 82.78M | 88.98M |
Operating exp. | ||||||||||
Research and development | 57.16M | 59.84M | 53.39M | 46.07M | 41.19M | 34.66M | 30.34M | 29.13M | 27.99M | 32.27M |
Selling and marketing | 70.24M | 70.12M | 62.05M | 51.21M | 51.53M | 49.33M | 48.95M | 45.08M | 43.36M | 45.53M |
Total operating expenses | 143.92M | 147.45M | 131.36M | 111.46M | 104.51M | 94.24M | 88.19M | 80.58M | 80.08M | 85.48M |
Operating income | 14.42M | 31.31M | 39.52M | 38.35M | -9.55M | 16.35M | 9.65M | 7.75M | 2.70M | 3.50M |
Other income (expenses), net | -52K | 2.86M | 123K | -1.70M | -1.76M | -366K | -10K | -1.46M | 442K | -196K |
Income before tax | 14.37M | 34.18M | 39.64M | 36.64M | -11.31M | 16.58M | 9.64M | 7.59M | 3.14M | 3.30M |
Income tax expense | 5.59M | 5.71M | 5.89M | 9.39M | -15.29M | 3.09M | 5.61M | -8.64M | 2.78M | 3.39M |
Net income | 8.78M | 28.46M | 33.75M | 27.24M | 3.97M | 13.49M | 4.03M | 16.23M | 366K | -86K |
Earnings per share | ||||||||||
Basic EPS | 0.28 | 0.89 | 1.03 | 0.87 | 0.14 | 0.47 | 0.13 | 0.46 | 0.01 | -0.00 |
Diluted EPS | 0.28 | 0.88 | 1 | 0.83 | 0.13 | 0.45 | 0.13 | 0.45 | 0.01 | -0.00 |
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