Veritone
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. Veritone's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 15% to $127,560,000. Profit margin reached -46%. Total operating expenses were $191,640,000.
Profit Margin
| 2014 | 7.80M | -4.21M | -53.95% |
|---|---|---|---|
| 2015 | 13.92M | -6.21M | -44.59% |
| 2016 | 8.91M | -26.97M | -302.76% |
| 2017 | 14.41M | -59.60M | -413.52% |
| 2018 | 27.04M | -61.10M | -225.92% |
| 2019 | 49.64M | -62.07M | -125.04% |
| 2020 | 57.70M | -47.87M | -82.96% |
| 2021 | 115.30M | -70.59M | -61.22% |
| 2022 | 149.72M | -25.23M | -16.85% |
| 2023 | 127.56M | -58.62M | -45.96% |
VERI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 127.56M | 149.72M | 115.30M | 57.70M | 49.64M | 27.04M | 14.41M | 8.91M | 13.92M | 7.80M |
Cost of revenue | 28.25M | 27.43M | 22.12M | 15.66M | 17.28M | 6.47M | 1.07M | 1.57M | 1.86M | 134.47K |
Gross profit | 99.30M | 122.29M | 93.17M | 42.04M | 32.35M | 20.56M | 13.34M | 7.33M | 12.06M | 7.67M |
Operating exp. | ||||||||||
Research and development | 42.09M | 43.58M | 25.07M | 14.37M | 23.80M | 22.09M | 13.97M | 7.9M | 4.63M | 2.64M |
Selling and marketing | 52.02M | 51.34M | 28.93M | 19.87M | 25.30M | 22.47M | 14.69M | 8.27M | 5.73M | 2.49M |
Total operating expenses | 191.64M | 160.29M | 160.42M | 89.71M | 96.43M | 82.55M | 60.10M | 31.11M | 18.35M | 11.87M |
Operating income | -92.33M | -37.99M | -67.24M | -47.67M | -64.07M | -61.99M | -46.76M | -23.78M | -6.29M | -4.21M |
Other income (expenses), net | 30.66M | 14.74M | -600K | -127K | 541K | 908K | -12.83M | 697K | 85K | 10.62K |
Income before tax | -61.67M | -23.24M | -67.84M | -47.8M | -63.53M | -61.08M | -59.59M | -26.97M | -6.20M | -4.20M |
Income tax expense | -3.04M | 1.98M | 2.74M | 76K | -1.45M | 22K | 6K | 6K | 5K | 10.28K |
Net income | -58.62M | -25.23M | -70.59M | -47.87M | -62.07M | -61.10M | -59.60M | -26.97M | -6.21M | -4.21M |
Earnings per share | ||||||||||
Basic EPS | -1.59 | -0.7 | -2.12 | -1.73 | -2.85 | -3.48 | -5.77 | -3.98 | -0.92 | -2.47 |
Diluted EPS | -1.59 | -0.7 | -2.12 | -1.73 | -2.85 | -3.48 | -5.77 | -3.98 | -0.49 | -2.47 |
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