Venus Concept
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. Venus Concept's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 23% to $76,354,000. The net income raised on -$37,250,000 and profit margin reached -49%. Total operating expenses were $80,476,000.

Profit Margin

Venus Concept Inc. (NASDAQ:VERO): Profit margin
2015 17.23M -22.97M -133.32%
2016 15.6M -21.84M -140.04%
2017 21.29M -17.84M -83.78%
2018 21.95M -28.72M -130.83%
2019 110.40M -42.29M -38.31%
2020 78.01M -82.81M -106.16%
2021 105.62M -22.14M -20.96%
2022 99.49M -43.58M -43.8%
2023 76.35M -37.25M -48.79%

VERO Income Statement (2015 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
76.35M99.49M105.62M78.01M110.40M21.95M21.29M15.6M17.23M
Cost of revenue
24.18M33.52M31.52M26.62M33.75M12.45M12.15M10.43M12.51M
Gross profit
52.16M65.97M74.09M51.39M76.65M9.50M9.14M5.16M4.71M
Operating exp.
Research and development
8.19M10.95M8.25M7.75M8.03M8.37M7.13M7.47M7.39M
Selling and marketing
31.23M40.27M37.43M26.20M41.40M18.20M14.39M12.48M14.58M
Total operating expenses
80.47M100.84M91.63M91.83M96.94M35.41M26.42M24.10M25.24M
Operating income
-28.30M-34.87M-17.54M-40.44M-20.28M-25.90M-17.28M-18.93M-20.52M
Other income (expenses), net
-8.81M-9.43M-5.30M-13.73M-20.15M-549K-504K-431K-2.44M
Income before tax
-37.12M-44.30M-22.84M-81.63M-40.43M-28.67M-17.78M-21.84M-22.97M
Income tax expense
-71K-722K-707K1.18M1.85M47K56K2.05M3.33M
Net income
-37.25M-43.58M-22.14M-82.81M-42.29M-28.72M-17.84M-21.84M-22.97M
Earnings per share
Basic EPS
-6.84-9.91-6.1-33.92-74.49-192.87-543.76-213.23-224.21
Diluted EPS
-6.84-9.91-6.1-33.92-74.49-192.87-543.76-213.23-224.21
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