VerticalScope Holdings
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. VerticalScope Holdings's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 24% to $60,899,089. The net income raised on -$4,950,955 and profit margin reached -8%. Total operating expenses were $37,209,350.

Profit Margin

VerticalScope Holdings Inc. (TSX:FORA.TO): Profit margin
2018 68.34M -14.09M -20.63%
2019 58.45M -1.73M -2.97%
2020 56.92M -1.50M -2.65%
2021 65.76M -12.26M -18.65%
2022 80.48M -24.77M -30.78%
2023 60.89M -4.95M -8.13%

FORA.TO Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
60.89M80.48M65.76M56.92M58.45M68.34M
Cost of revenue
26.68M34.81M26.81M21.46M22.92M0
Gross profit
34.21M45.67M38.94M35.45M35.53M68.34M
Operating exp.
Research and development
08.81M7.17M6.36M5.61M0
Selling and marketing
4.51M00000
Total operating expenses
37.20M100.84M71.29M53.33M56.30M76.98M
Operating income
-2.99M-20.29M-6.76M3.58M2.24M-9.78M
Other income (expenses), net
-4.87M-6.81M-7.33M-4.96M-6.87M-983.76K
Income before tax
-7.86M-27.10M-14.09M-1.38M-4.63M-18.26M
Income tax expense
-2.91M-2.33M-1.83M116.58K-2.90M-4.16M
Net income
-4.95M-24.77M-12.26M-1.50M-1.73M-14.09M
Earnings per share
Basic EPS
-0.23-1.26-0.59-0.07-0.08-0.72
Diluted EPS
-0.23-1.26-0.59-0.07-0.08-0.72
Data sourceData sourceData sourceData sourceData sourceData source