VSE
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. VSE's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 9% to $860,488,000. The net income raised on $39,134,000 and profit margin reached 5%. Total operating expenses were $7,619,000.
Profit Margin
| 2014 | 424.07M | 19.36M | 4.57% |
|---|---|---|---|
| 2015 | 533.98M | 24.91M | 4.67% |
| 2016 | 691.79M | 26.79M | 3.87% |
| 2017 | 760.11M | 39.09M | 5.14% |
| 2018 | 697.21M | 35.08M | 5.03% |
| 2019 | 752.62M | 37.02M | 4.92% |
| 2020 | 661.65M | -5.17M | -0.78% |
| 2021 | 750.85M | 7.96M | 1.06% |
| 2022 | 949.76M | 28.05M | 2.95% |
| 2023 | 860.48M | 39.13M | 4.55% |
VSEC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 860.48M | 949.76M | 750.85M | 661.65M | 752.62M | 697.21M | 760.11M | 691.79M | 533.98M | 424.07M |
Cost of revenue | 764.87M | 871.82M | 707.22M | 586.27M | 668.86M | 624.95M | 687.34M | 617.58M | 480.15M | 383.00M |
Gross profit | 95.61M | 77.93M | 43.62M | 75.38M | 83.76M | 72.26M | 72.77M | 74.20M | 53.82M | 41.07M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 7.61M | 22.80M | 22.10M | 20.62M | 23.50M | 19.73M | 18.44M | 22.67M | 3.28M | 4.14M |
Operating income | 87.99M | 55.13M | 21.52M | 54.76M | 60.25M | 54.23M | 54.32M | 51.52M | 50.53M | 36.93M |
Other income (expenses), net | -31.08M | -17.88M | -12.06M | -13.49M | -13.83M | 1.7M | -9.24M | -9.85M | -9.54M | -3.98M |
Income before tax | 56.91M | 37.24M | 9.45M | 427K | 46.42M | 45.24M | 45.08M | 41.67M | 40.99M | 32.94M |
Income tax expense | 13.76M | 9.18M | 1.48M | 5.59M | 9.40M | 10.16M | 5.98M | 14.88M | 16.07M | 12.45M |
Net income | 39.13M | 28.05M | 7.96M | -5.17M | 37.02M | 35.08M | 39.09M | 26.79M | 24.91M | 19.36M |
Earnings per share | ||||||||||
Basic EPS | 2.77 | 2.2 | 0.63 | -0.47 | 3.38 | 3.23 | 3.61 | 2.48 | 2.32 | 1.81 |
Diluted EPS | 2.76 | 2.19 | 0.63 | -0.47 | 3.35 | 3.21 | 3.6 | 2.47 | 2.31 | 1.81 |
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