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Veritone, Inc. (VERI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-05-22Dec-31-21Dec-05-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   10-K8-K10-K8-K10-K10-K10-K10-K
Revenues  0.0149.7115.3115.357.749.627.014.4
            Revenue growth  -100.0%29.9%99.8% 16.2%83.6%87.7%61.7%
Cost of goods sold  0.027.4147.722.115.715.36.51.1
Gross profit  0.0122.3-32.493.242.034.420.613.3
            Gross margin   81.7%-28.1%80.8%72.9%69.3%76.0%92.6%
Selling, general and administrative   [+] 95.528.9120.670.070.860.546.1
Research and development   43.6 25.114.422.822.114.0
Other operating expenses    12.1     
EBITDA   [+] -15.5-64.0-52.0-41.3-58.1-58.3-46.5
            EBITDA margin   -10.4%-55.5%-45.1%-71.5%-117.1%-215.5%-322.7%
Depreciation  -21.21.30.50.51.01.10.70.1
EBITA  21.2-16.8-64.6-52.5-42.3-59.2-59.0-46.6
            EBITA margin   -11.2%-56.0%-45.5%-73.3%-119.3%-218.2%-323.0%
Amortization of intangibles  21.221.28.98.95.44.93.00.2
EBIT   [+]0.0-38.0-73.4-61.4-47.7-64.1-62.0-46.8
            EBIT margin   -25.4%-63.7%-53.2%-82.6%-129.1%-229.2%-324.4%
Non-recurring items    -12.1     
Other income (expense), net   [+] 14.7-0.6-0.6-0.10.50.9-12.8
Pre-tax income  0.0-23.2-62.0-62.0-47.8-63.5-61.1-59.6
Income taxes  0.02.02.72.70.1-1.50.00.0
            Tax rate       2.3%  
Net income  0.0-25.2-64.7-64.7-47.9-62.1-61.1-64.1
            Net margin   -16.9%-56.1%-56.1%-83.0%-125.0%-225.9%-444.5%
   
Basic EPS   [+] ($0.70)($1.94)($1.94)($1.73)($2.84)($3.46)($6.09)
Diluted EPS   [+] ($0.70)($1.94)($1.94)($1.73)($2.84)($3.46)($6.09)
   
Shares outstanding (basic)   [+] 36.033.333.327.621.817.710.5
Shares outstanding (diluted)   [+] 36.033.333.327.621.817.710.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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