Vertex
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. Vertex's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $572,387,000. Profit margin reached -2%. Total operating expenses were $366,089,000.
Profit Margin
| 2018 | 272.40M | -6.10M | -2.24% |
|---|---|---|---|
| 2019 | 321.5M | 23.07M | 7.18% |
| 2020 | 374.66M | -78.93M | -21.07% |
| 2021 | 425.54M | -1.47M | -0.35% |
| 2022 | 491.62M | -12.30M | -2.5% |
| 2023 | 572.38M | -13.09M | -2.29% |
VERX Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 572.38M | 491.62M | 425.54M | 374.66M | 321.5M | 272.40M |
Cost of revenue | 223.80M | 193.13M | 161.89M | 165.38M | 110.37M | 95.69M |
Gross profit | 348.57M | 298.49M | 263.65M | 209.27M | 211.12M | 176.70M |
Operating exp. | ||||||
Research and development | 58.21M | 41.87M | 44.01M | 54.34M | 30.55M | 23.75M |
Selling and marketing | 140.23M | 125.33M | 99.00M | 99.41M | 68.12M | 56.89M |
Total operating expenses | 366.08M | 306.57M | 266.59M | 314.03M | 179.26M | 146.84M |
Operating income | -7.42M | -8.08M | -2.94M | -104.75M | 31.85M | -2.83M |
Other income (expenses), net | -14.25M | -2.04M | -984K | -3.11M | -953K | -32.69M |
Income before tax | -21.67M | -10.13M | -3.92M | -107.86M | 30.90M | -4.42M |
Income tax expense | -8.58M | 2.17M | -2.44M | -28.93M | 7.82M | 1.67M |
Net income | -13.09M | -12.30M | -1.47M | -78.93M | 23.07M | -6.10M |
Earnings per share | ||||||
Basic EPS | -0.08 | -0.08 | -0.01 | -0.54 | 0.21 | -29.08 |
Diluted EPS | -0.08 | -0.08 | -0.01 | -0.54 | 0.21 | -29.08 |
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