Veren
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. Veren's past years’ income statements indicate that its last revenue has increased compared to the previous period by 140% to $3,565,200,000. The net income raised on $570,300,000 and profit margin reached 16%. Total operating expenses were $2,226,600,000.
Profit Margin
| 2017 | 2.85B | -124M | -4.34% |
|---|---|---|---|
| 2020 | 1.48B | -2.51B | -169.35% |
| 2023 | 3.56B | 570.3M | 16% |
VRN Income Statement (2017 – 2023)
| 2023 | 2020 | 2017 | |
|---|---|---|---|
Revenue | |||
Revenue | 3.56B | 1.48B | 2.85B |
Cost of revenue | 1.33B | 1.40B | 2.74B |
Gross profit | 2.22B | 86.6M | 118.2M |
Operating exp. | |||
Research and development | 0 | 0 | 0 |
Selling and marketing | 0 | 4.4M | 0 |
Total operating expenses | 2.22B | 84.4M | 156.3M |
Operating income | 1.21B | 2.2M | -38.1M |
Other income (expenses), net | -165.1M | 197.8M | 14.5M |
Income before tax | 1.05B | -3.14B | -23.6M |
Income tax expense | 253.7M | -627.6M | 100.4M |
Net income | 570.3M | -2.51B | -124M |
Earnings per share | |||
Basic EPS | 1.04 | -4.76 | -0.23 |
Diluted EPS | 1.04 | -4.76 | -0.23 |
| Data source | Data source | Data source |