Veru Inc.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.9M | $16.3M | $39.4M | $61.3M | $42.6M | $31.8M | $15.9M | $13.7M |
| Cost of Revenue | $11.0M | $8.7M | $8.8M | $13.3M | $11.8M | $10.1M | $7.1M | $6.6M |
| Gross Profit | $5.9M | $7.6M | $30.6M | $47.9M | $30.8M | $21.7M | $8.8M | $7.0M |
| Gross Margin | 34.7% | 46.4% | 77.7% | 78.2% | 72.3% | 68.1% | 55.3% | 51.4% |
| Operating Expenses | ||||||||
| Research & Development | $12.8M | $51.2M | $70.9M | $32.7M | $16.9M | $13.7M | $10.9M | $3.1M |
| SG&A Expense | $31.2M | $48.1M | $43.2M | $20.7M | $14.5M | $14.3M | $14.8M | $11.5M |
| Operating Income | $-36.2M | $-93.8M | $-83.5M | $13.0M | $-14.7M | $-6.4M | $-20.9M | $-8.5M |
| Operating Margin | -214.2% | -575.5% | -212.1% | 21.2% | -34.6% | -20.2% | -131.6% | -62.2% |
| Interest Expense | — | $2.4M | $4.4M | $4.9M | $4.6M | $4.7M | $3.0M | — |
| Pretax Income | — | $-92.7M | $-83.8M | $4.3M | $-20.1M | $-12.3M | $-23.1M | $-8.6M |
| Income Tax Expense | $0 | $480.2K | $236.4K | $-3.1M | $-1.1M | $-303.9K | $866.1K | $-2.0M |
| Net Income | $-37.8M | $-93.2M | $-84.0M | $7.4M | $-19.0M | $-12.0M | $-23.9M | $-6.6M |
| Net Margin | -223.9% | -571.6% | -213.5% | 12.1% | -44.5% | -37.8% | -150.9% | -48.4% |
| EPS (Basic) | $-2.80 | $-1.10 | $-1.05 | $0.10 | $-0.28 | $-0.19 | $-0.44 | $-0.25 |
| EPS (Diluted) | — | $-1.10 | $-1.05 | $0.09 | $-0.28 | $-0.19 | $-0.44 | $-0.25 |
| Shares Outstanding (Basic) | 13.5M | 85.0M | 80.1M | 76.3M | 66.8M | 65.0M | 62.6M | 34.6M |
| Shares Outstanding (Diluted) | 13.5M | 85.0M | 80.1M | 83.8M | 66.8M | 65.0M | 62.6M | 34.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |