INNODATA INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $251.7M | $170.5M | $86.8M | $79.0M | $69.8M | $58.2M | $55.9M | $57.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $99.5M | $67.1M | $31.3M | — | — | — | — | — |
| Gross Margin | 39.5% | 39.3% | 36.1% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $59.6M | $42.7M | $31.0M | $37.9M | $27.9M | $18.7M | $19.5M | $15.8M |
| Operating Income | $39.9M | $24.3M | $318.0K | $-10.5M | $-963.0K | $1.0M | $-1.1M | $1.6M |
| Operating Margin | 15.8% | 14.3% | 0.4% | -13.3% | -1.4% | 1.8% | -1.9% | 2.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $41.4M | $24.5M | $139.0K | $-10.5M | $-963.0K | $1.0M | $-1.1M | $1.6M |
| Income Tax Expense | $9.2M | $-4.2M | $1.0M | $1.5M | $842.0K | $401.0K | $1.1M | $1.8M |
| Net Income | $32.2M | $28.7M | $-908.0K | $-11.9M | $-1.7M | $617.0K | $617.0K | $-253.0K |
| Net Margin | 12.8% | 16.8% | -1.0% | -15.1% | -2.4% | 1.1% | 1.1% | -0.4% |
| EPS (Basic) | $1.01 | $0.98 | $-0.03 | $-0.44 | $-0.06 | $0.03 | $-0.08 | $0.01 |
| EPS (Diluted) | $0.92 | $0.89 | $-0.03 | $-0.44 | $-0.06 | $0.02 | $-0.08 | $0.01 |
| Shares Outstanding (Basic) | 31.8M | 29.2M | 28.1M | 27.3M | 26.6M | 24.6M | 25.8M | 25.9M |
| Shares Outstanding (Diluted) | 35.0M | 32.2M | 28.1M | 27.3M | 26.6M | 25.6M | 25.8M | 25.9M |
| Dividends Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |