Velan
Income Statement
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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. Velan's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 16% to $346,816,000. Profit margin reached -6%. Total operating expenses were $99,192,000.
Profit Margin
| 2010 | 443.29M | 33.79M | 7.62% |
|---|---|---|---|
| 2011 | 397.20M | 5.94M | 1.5% |
| 2012 | 437.13M | 7.89M | 1.81% |
| 2015 | 455.75M | 18.58M | 4.08% |
| 2016 | 426.89M | 3.64M | 0.85% |
| 2018 | 337.96M | -18.87M | -5.58% |
| 2019 | 366.86M | -5.39M | -1.47% |
| 2021 | 302.06M | 2.19M | 0.73% |
| 2022 | 411.24M | -10.25M | -2.49% |
| 2024 | 346.81M | -19.73M | -5.69% |
VLN.TO Income Statement (2010 – 2023)
| 2023 | 2021 | 2020 | 2018 | 2017 | 2015 | 2014 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 346.81M | 411.24M | 302.06M | 366.86M | 337.96M | 426.89M | 455.75M | 437.13M | 397.20M | 443.29M |
Cost of revenue | 253.60M | 276.27M | 221.52M | 281.27M | 269.37M | 322.61M | 337.46M | 349.87M | 293.87M | 301.52M |
Gross profit | 93.20M | 134.96M | 80.53M | 85.59M | 68.58M | 104.28M | 118.28M | 87.26M | 103.32M | 141.76M |
Operating exp. | ||||||||||
Research and development | 6.06M | 7.01M | 5.66M | 9.30M | 9.60M | 8.01M | 9.23M | 0 | 0 | 0 |
Selling and marketing | 3.65M | 4.98M | 4.03M | 0 | 0 | 11.06M | 12.55M | 7.32M | 0 | 0 |
Total operating expenses | 99.19M | 92.57M | 82.22M | 92.59M | 86.9M | 77.62M | 88.72M | 79.81M | 85.97M | 80.09M |
Operating income | -5.98M | 38.57M | -652K | -6.13M | -18.31M | 12.38M | 29.55M | 7.44M | 17.35M | 61.67M |
Other income (expenses), net | -6.34M | -2.4M | -866K | -1.56M | -197K | 199K | -590K | -1.35M | 3.93M | 8.10M |
Income before tax | -12.33M | 36.17M | 1.37M | -7.69M | -18.51M | 12.58M | 28.96M | 6.09M | 13.41M | 53.56M |
Income tax expense | 7.47M | 46.43M | -822K | -2.30M | 361K | 8.30M | 9.77M | 348K | 7.47M | 19.77M |
Net income | -19.73M | -10.25M | 2.19M | -5.39M | -18.87M | 3.64M | 18.58M | 7.89M | 5.94M | 33.79M |
Earnings per share | ||||||||||
Basic EPS | -0.91 | -0.48 | 0.1 | -0.25 | -0.87 | 0.17 | 0.85 | 0.36 | 0.26 | 1.52 |
Diluted EPS | -0.91 | -0.48 | 0.1 | -0.25 | -0.87 | 0.17 | 0.85 | 0.36 | 0.26 | 1.51 |
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