Neovasc
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. Neovasc's past years’ income statements indicate that its last revenue has increased compared to the previous period by 49% to $3,805,017. Profit margin reached -1083%. Total operating expenses were $36,771,992.

Profit Margin

Neovasc Inc. (TSX:NVCN.TO): Profit margin
2013 11.03M -6.33M -57.46%
2014 13.66M -16.41M -120.16%
2015 9.92M -26.73M -269.19%
2016 9.51M -86.49M -909.25%
2017 5.38M -22.90M -425.1%
2018 1.74M -108.04M -6176.94%
2019 2.09M -35.13M -1679.28%
2020 1.95M -28.69M -1466.01%
2021 2.54M -24.88M -977.04%
2022 3.80M -41.20M -1082.9%

NVCN.TO Income Statement (2013 – 2022)

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue
Revenue
3.80M2.54M1.95M2.09M1.74M5.38M9.51M9.92M13.66M11.03M
Cost of revenue
773.83K555.69K446.23K458.43K366.25K3.47M7.09M6.93M8.71M6.65M
Gross profit
3.03M1.99M1.51M1.63M1.38M1.91M2.42M2.99M4.95M4.38M
Operating exp.
Research and development
17.54M15.44M20.40M20.02M16.06M17.48M19.36M17.18M11.10M6.43M
Selling and marketing
3.47M2.99M2.19M1.64M829.91K886.22K696.63K655.66K151.98K73.70K
Total operating expenses
36.77M33.10M36.39M31.57M32.55M34.79M137.85M24.69M21.46M11.05M
Operating income
-33.74M-31.10M-34.88M-29.93M-31.16M-32.88M-135.43M-21.70M-16.51M-6.67M
Other income (expenses), net
-7.43M6.30M5.66M-5.16M-76.76M10.46M49.13M-4.86M90.74K336.89K
Income before tax
-41.17M-24.80M-29.21M-35.10M-107.93M-22.42M-86.29M-26.56M-16.41M-6.33M
Income tax expense
24.73K86.69K-524.05K28.79K107.09K484.42K200.52K167.35K97.40K345.49K
Net income
-41.20M-24.88M-28.69M-35.13M-108.04M-22.90M-86.49M-26.73M-16.41M-6.33M
Earnings per share
Basic EPS
0-9.88-43.04-134.88-76.3-281.01-1.28K-408.74-314.02-133.86
Diluted EPS
0-9.88-43.04-134.88-76.3-281.01-1.28K-408.74-314.02-133.86
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