Veru
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. Veru's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $16,886,419. The net income raised on -$37,801,426 and profit margin reached -224%. Total operating expenses were $42,769,374.
Profit Margin
| 2015 | 32.60M | 4.34M | 13.33% |
|---|---|---|---|
| 2016 | 22.12M | 344.72K | 1.56% |
| 2017 | 13.65M | -6.61M | -48.42% |
| 2018 | 15.86M | -23.93M | -150.89% |
| 2019 | 31.80M | -12.01M | -37.79% |
| 2020 | 42.59M | -18.97M | -44.55% |
| 2021 | 61.25M | 7.39M | 12.07% |
| 2022 | 39.35M | -83.77M | -212.88% |
| 2023 | 16.29M | -93.15M | -571.6% |
| 2024 | 16.88M | -37.80M | -223.86% |
VERU Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 16.88M | 16.29M | 39.35M | 61.25M | 42.59M | 31.80M | 15.86M | 13.65M | 22.12M | 32.60M |
Cost of revenue | 11.03M | 8.73M | 8.76M | 13.33M | 11.80M | 10.14M | 7.08M | 6.63M | 8.77M | 13.63M |
Gross profit | 5.85M | 7.56M | 30.59M | 47.92M | 30.78M | 21.65M | 8.78M | 7.01M | 13.34M | 18.96M |
Operating exp. | ||||||||||
Research and development | 12.80M | 51.20M | 70.64M | 32.69M | 16.93M | 13.74M | 10.85M | 3.50M | 99.39K | 219.81K |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54.27K | 88.86K | 0 |
Total operating expenses | 42.76M | 101.34M | 113.81M | 53.36M | 45.53M | 28.09M | 29.65M | 14.57M | 10.33M | 12.35M |
Operating income | -36.91M | -93.78M | -83.22M | -5.43M | -14.74M | -6.43M | -20.87M | -8.49M | 3.01M | 6.61M |
Other income (expenses), net | -160.92K | 1.10M | -316.06K | 9.70M | -5.30M | -5.88M | -2.19M | -108.37K | -147.54K | 68.63K |
Income before tax | -37.07M | -92.67M | -83.53M | 4.26M | -20.05M | -12.32M | -23.07M | -8.60M | 2.81M | 6.68M |
Income tax expense | 725.10K | 480.20K | 236.39K | -3.12M | -1.07M | -303.93K | 866.10K | -1.99M | 2.46M | 2.34M |
Net income | -37.80M | -93.15M | -83.77M | 7.39M | -18.97M | -12.01M | -23.93M | -6.61M | 344.72K | 4.34M |
Earnings per share | ||||||||||
Basic EPS | -0.28 | -1.1 | -1.05 | 0.09 | -0.28 | -0.19 | -0.44 | -0.19 | 0.01 | 0.15 |
Diluted EPS | -0.28 | -1.1 | -1.05 | 0.08 | -0.28 | -0.19 | -0.44 | -0.19 | 0.01 | 0.15 |
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