VOXX International
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. VOXX International's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 12% to $468,911,000. Profit margin reached -9%. Total operating expenses were $158,060,000.

Profit Margin

VOXX International Corporation (NASDAQ:VOXX): Profit margin
2015 757.49M -942K -0.12%
2016 680.74M -2.68M -0.39%
2017 681.04M 4.42M 0.65%
2018 507.09M 35.30M 6.96%
2019 446.81M -46.09M -10.32%
2020 394.88M -41.82M -10.59%
2021 563.60M 26.76M 4.75%
2022 635.92M -27.46M -4.32%
2023 534.01M -30.91M -5.79%
2024 468.91M -40.85M -8.71%

VOXX Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
468.91M534.01M635.92M563.60M394.88M446.81M507.09M681.04M680.74M757.49M
Cost of revenue
354.89M399.71M466.44M405.05M285.11M325.39M374.79M479.52M485.06M533.62M
Gross profit
114.01M134.29M169.47M158.54M109.77M121.41M132.29M201.51M195.68M223.87M
Operating exp.
Research and development
29.39M31.46M31.54M20.89M21.60M24.38M26.44M45.6M37.49M37.15M
Selling and marketing
43.09M46.96M50.50M43.78M38.47M40.91M45.99M48.20M48.51M54.13M
Total operating expenses
158.06M152.93M158.00M134.76M129.00M132.23M151.39M201.68M197.38M206.14M
Operating income
-44.04M-10.05M7.92M32.73M-19.22M-41.19M-19.09M-172K-11.57M16.59M
Other income (expenses), net
-3.33M-15.63M-33.76M-5.09M-21.71M-43.69M1.00M-762K1.97M-15.89M
Income before tax
-47.37M-30.95M-25.83M27.63M-40.94M-58.96M-24.10M-1.44M-7.79M696K
Income tax expense
-1.78M-39K1.62M4.27M882K-6.13M-17.44M1.75M-1.73M1.63M
Net income
-40.85M-30.91M-27.46M26.76M-41.82M-46.09M35.30M4.42M-2.68M-942K
Earnings per share
Basic EPS
-1.74-1.27-1.131.11-1.71-1.891.440.18-0.11-0.04
Diluted EPS
-1.74-1.27-1.131.09-1.71-1.891.440.18-0.11-0.03
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