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Velodyne Lidar, Inc. (VLDR)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   8-K10-Q8-K10-K10-Q10-Q10-Q10-K
Revenues:  
Total revenues  9.611.54.417.513.113.617.717.8
            Revenue growth   [+]-26.2%-15.4%-75.4%-1.7%-59.3%-52.1%4.1%-82.4%
Cost of goods sold   [+]20.518.615.514.917.819.415.823.2
Gross profit  -10.9-7.1-11.12.7-4.7-5.81.9-5.3
            Gross margin  -112.8%-61.7%-254.5%15.3%-36.3%-42.5%10.8%-29.9%
Selling, general and administrative   [+]14.518.818.318.129.866.324.157.7
Research and development  16.918.821.322.320.217.018.448.4
Other operating expenses    -1.8     
EBITDA   [+] -40.3 -35.4-52.7-87.0-38.5-109.5
            EBITDA margin  -438.3%-349.9%-1121.1%-201.9%-403.4%-640.2%-217.3%-613.4%
Depreciation   4.1 2.12.02.02.02.0
EBITA  -42.3-44.3-48.9-37.5-54.7-89.0-40.5-111.4
            EBITA margin  -438.3%-385.4%-1121.1%-214.0%-418.7%-654.6%-228.3%-624.3%
Amortization of intangibles   0.3 0.10.10.10.10.1
EBIT   [+]-42.3-44.6-48.9-37.7-54.8-89.1-40.6-111.5
            EBIT margin  -438.3%-387.8%-1121.1%-214.7%-419.4%-655.4%-228.9%-624.9%
Non-recurring items         -0.1
Interest income, net   [+] 0.3 0.10.10.10.10.0
Other income (expense), net   [+]0.7-0.10.20.10.010.10.00.0
Pre-tax income  -41.5-44.4-48.7-37.5-54.7-78.9-40.5-111.4
Income taxes  0.0-0.10.40.00.00.30.30.0
            Tax rate   0.3% 0.0%    
Net income  -41.6-44.30.0-37.5-54.7-79.2-40.8-111.5
            Net margin  -431.1%-385.0%0.0%-213.6%-418.9%-582.8%-230.3%-624.5%
   
Basic EPS   [+]($0.19)($0.22) ($0.19)($0.28)($0.41)($0.22)($0.75)
Diluted EPS   [+]($0.19)($0.22) ($0.19)($0.28)($0.41)($0.22)($0.75)
   
Shares outstanding (basic)   [+]213.5198.9 194.0196.2193.0189.2148.1
Shares outstanding (diluted)   [+]213.5198.9 194.0196.2193.0189.2148.1
   
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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