Cerence
Income Statement
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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. Cerence's past years’ income statements indicate that its last revenue has increased compared to the previous period by 13% to $331,504,000. Profit margin reached -177%. Total operating expenses were $824,208,000.
Profit Margin
| 2016 | 211.13M | 34.93M | 16.55% |
|---|---|---|---|
| 2017 | 244.72M | 47.27M | 19.32% |
| 2018 | 276.98M | 5.88M | 2.12% |
| 2019 | 306.49M | 102.08M | 33.31% |
| 2020 | 329.64M | -20.63M | -6.26% |
| 2021 | 387.18M | 45.89M | 11.85% |
| 2022 | 327.89M | -310.82M | -94.8% |
| 2023 | 294.47M | -56.25M | -19.1% |
| 2024 | 331.50M | -588.07M | -177.4% |
CRNC Income Statement (2016 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 331.50M | 294.47M | 327.89M | 387.18M | 329.64M | 306.49M | 276.98M | 244.72M | 211.13M |
Cost of revenue | 87.23M | 95.16M | 97.16M | 101.07M | 107.85M | 98.92M | 82.96M | 68.53M | 60.56M |
Gross profit | 244.27M | 199.31M | 230.72M | 286.10M | 221.79M | 207.57M | 194.02M | 176.19M | 150.57M |
Operating exp. | |||||||||
Research and development | 121.56M | 123.33M | 107.11M | 112.07M | 88.89M | 93.06M | 80.95M | 56.75M | 53.56M |
Selling and marketing | 21.72M | 27.50M | 31.09M | 38.68M | 33.39M | 36.65M | 30.55M | 29.90M | 26.58M |
Total operating expenses | 824.20M | 226.92M | 192.38M | 220.42M | 184.22M | 168.16M | 140.22M | 109.91M | 100.85M |
Operating income | -579.93M | -27.19M | 38.32M | 60.59M | 14.83M | 64.75M | 36.85M | 63.68M | 47.79M |
Other income (expenses), net | -4.67M | -9.19M | -237.07M | -12.32M | -45.47M | -50.33M | -16.99M | -483K | -2.46M |
Income before tax | -584.61M | -36.38M | -198.75M | 48.26M | -26.14M | 14.42M | 36.79M | 63.20M | 47.25M |
Income tax expense | 3.46M | 19.86M | 112.07M | 2.37M | -5.50M | -87.65M | 30.91M | 15.92M | 12.31M |
Net income | -588.07M | -56.25M | -310.82M | 45.89M | -20.63M | 102.08M | 5.88M | 47.27M | 34.93M |
Earnings per share | |||||||||
Basic EPS | -14.12 | -1.4 | -7.93 | 1.22 | -0.57 | 2.75 | 0.16 | 1.3 | 0.96 |
Diluted EPS | -14.12 | -1.4 | -7.93 | 1.17 | -0.57 | 2.75 | 0.16 | 1.3 | 0.96 |
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