RADCOM Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $71.5M | $61.0M | $51.6M | $46.1M | $40.3M | $37.6M | $33.0M | $34.1M |
| Cost of Revenue | $17.2M | $15.7M | $13.8M | $12.7M | $11.4M | $10.8M | $9.9M | $8.9M |
| Gross Profit | $54.3M | $45.3M | $37.8M | $33.3M | $28.9M | $26.8M | $23.1M | $25.2M |
| Gross Margin | 76.0% | 74.2% | 73.3% | 72.4% | 71.6% | 71.4% | 70.0% | 74.0% |
| Operating Expenses | ||||||||
| Research & Development | $20.2M | $18.7M | $19.6M | $21.5M | $20.3M | $19.2M | $18.6M | $15.5M |
| SG&A Expense | $6.4M | $6.4M | $5.1M | $4.5M | $4.2M | $3.8M | $3.7M | $3.4M |
| Operating Income | $8.3M | $3.1M | $-662.0K | $-4.1M | $-5.5M | $-4.6M | $-7.8M | $-3.5M |
| Operating Margin | 11.6% | 5.1% | -1.3% | -8.9% | -13.6% | -12.2% | -23.7% | -10.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $12.6M | $7.2M | $3.9M | $-2.1M | $-5.1M | $-3.8M | $-6.7M | $-2.4M |
| Income Tax Expense | $595.0K | $234.0K | $182.0K | $159.0K | $124.0K | $220.0K | $169.0K | $63.0K |
| Net Income | $12.0M | $7.0M | $3.7M | $-2.3M | $-5.3M | $-4.0M | $-6.8M | $-2.4M |
| Net Margin | 16.8% | 11.4% | 7.2% | -4.9% | -13.1% | -10.6% | -20.7% | -7.1% |
| EPS (Basic) | $0.74 | $0.44 | $0.25 | $-0.16 | $-0.37 | $-0.29 | $-0.50 | $-0.18 |
| EPS (Diluted) | $0.71 | $0.43 | $0.24 | $-0.16 | $-0.37 | $-0.29 | $-0.50 | $-0.18 |
| Shares Outstanding (Basic) | 16.3M | 15.7M | 15.1M | 14.5M | 14.1M | — | 13.8M | 13.6M |
| Shares Outstanding (Diluted) | 16.8M | 16.2M | 15.3M | 14.5M | 14.1M | 13.9M | 13.8M | 13.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |