CLARUS CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $250.4M | $264.3M | $286.0M | $315.3M | $266.0M | $224.0M | $229.4M | $212.1M |
| Cost of Revenue | $167.5M | $171.7M | $188.5M | $205.3M | $178.1M | $146.2M | $149.1M | $138.2M |
| Gross Profit | $83.0M | $92.6M | $97.5M | $110.0M | $87.9M | $77.8M | $80.3M | $74.0M |
| Gross Margin | 33.1% | 35.0% | 34.1% | 34.9% | 33.0% | 34.7% | 35.0% | 34.9% |
| Operating Expenses | ||||||||
| Research & Development | $11.9M | $12.2M | $12.7M | $13.0M | $10.4M | $10.2M | $10.6M | $9.5M |
| SG&A Expense | $105.2M | $111.9M | $114.6M | $120.8M | $90.7M | $71.4M | $68.7M | $65.2M |
| Operating Income | $-59.7M | $-70.4M | $-21.1M | $-106.5M | $-12.7M | $3.9M | $11.4M | $8.2M |
| Operating Margin | -23.8% | -26.6% | -7.4% | -33.8% | -4.8% | 1.8% | 5.0% | 3.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-57.1M | $-70.6M | $-20.1M | $-107.5M | $-17.1M | $3.6M | $10.0M | $6.5M |
| Income Tax Expense | $-10.5M | $17.9M | $-4.3M | $-14.7M | $-19.2M | $-2.0M | $-9.0M | $-828.0K |
| Net Income | $-46.6M | $-52.3M | $-10.1M | $-69.8M | $26.1M | $5.5M | $19.0M | $7.3M |
| Net Margin | -18.6% | -19.8% | -3.5% | -22.1% | 9.8% | 2.5% | 8.3% | 3.4% |
| EPS (Basic) | $-1.21 | $-1.37 | $-0.27 | $-1.88 | $0.79 | $0.18 | $0.64 | $0.24 |
| EPS (Diluted) | $-1.21 | $-1.37 | $-0.27 | $-1.88 | $0.73 | $0.18 | $0.61 | $0.24 |
| Shares Outstanding (Basic) | 38.4M | 38.3M | 37.5M | 37.2M | 33.1M | 30.2M | 29.8M | 29.9M |
| Shares Outstanding (Diluted) | 38.4M | 38.3M | 37.5M | 37.2M | 35.7M | 31.2M | 31.0M | 30.3M |
| Dividends Per Share | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.05 | $0.10 | $0.05 |