Vericel
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. Vericel's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $197,516,000. The net income raised on -$3,182,000 and profit margin reached -2%. Total operating expenses were $142,040,000.
Profit Margin
| 2014 | 28.79M | -19.92M | -69.18% |
|---|---|---|---|
| 2015 | 51.16M | -16.34M | -31.93% |
| 2016 | 54.38M | -19.56M | -35.98% |
| 2017 | 63.92M | -17.28M | -27.04% |
| 2018 | 90.85M | -8.13M | -8.96% |
| 2019 | 117.85M | -7.90M | -6.71% |
| 2020 | 124.17M | 2.86M | 2.31% |
| 2021 | 156.18M | -7.47M | -4.78% |
| 2022 | 164.36M | -16.70M | -10.17% |
| 2023 | 197.51M | -3.18M | -1.61% |
VCEL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 197.51M | 164.36M | 156.18M | 124.17M | 117.85M | 90.85M | 63.92M | 54.38M | 51.16M | 28.79M |
Cost of revenue | 61.94M | 54.57M | 50.15M | 39.95M | 37.57M | 32.16M | 30.35M | 28.30M | 26.47M | 17.29M |
Gross profit | 135.57M | 109.78M | 106.02M | 84.22M | 80.27M | 58.69M | 33.57M | 26.07M | 24.69M | 11.50M |
Operating exp. | ||||||||||
Research and development | 21.04M | 19.94M | 16.28M | 13.02M | 30.39M | 13.59M | 12.94M | 15.29M | 18.89M | 21.26M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 142.04M | 126.84M | 113.87M | 81.85M | 91.53M | 62.60M | 48.55M | 42.68M | 41.36M | 35.03M |
Operating income | -6.46M | -17.05M | -7.85M | 667K | -11.25M | -3.90M | -14.98M | -19.24M | -16.67M | -23.53M |
Other income (expenses), net | 4.09M | 1.07M | 272K | 672K | 1.58M | -3.39M | -2.30M | -2.65M | 331K | 3.61M |
Income before tax | -2.36M | -15.98M | -7.58M | 3.04M | -9.66M | -8.13M | -17.28M | -19.56M | -16.34M | -19.92M |
Income tax expense | 814K | 721K | -111K | 180K | -1.75M | 3.36M | 1.11M | 2.64M | -257K | -3.59M |
Net income | -3.18M | -16.70M | -7.47M | 2.86M | -7.90M | -8.13M | -17.28M | -19.56M | -16.34M | -19.92M |
Earnings per share | ||||||||||
Basic EPS | -0.06 | -0.35 | -0.16 | 0.06 | -0.18 | -0.2 | -0.52 | -0.85 | -0.69 | -1.71 |
Diluted EPS | -0.06 | -0.35 | -0.16 | 0.06 | -0.18 | -0.2 | -0.52 | -0.85 | -0.69 | -1.71 |
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