Venus Concept Inc
NASDAQ:VERO
Income Statement
Earnings Waterfall
Venus Concept Inc
Revenue
|
76.4m
USD
|
Cost of Revenue
|
-24.2m
USD
|
Gross Profit
|
52.2m
USD
|
Operating Expenses
|
-80.5m
USD
|
Operating Income
|
-28.3m
USD
|
Other Expenses
|
-8.9m
USD
|
Net Income
|
-37.3m
USD
|
Income Statement
Venus Concept Inc
Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
16
N/A
|
18
+15%
|
20
+12%
|
21
+2%
|
21
+3%
|
21
-2%
|
21
-1%
|
21
+3%
|
22
+4%
|
42
+89%
|
64
+54%
|
85
+33%
|
110
+30%
|
167
+51%
|
156
-6%
|
151
-3%
|
78
-48%
|
86
+10%
|
95
+10%
|
99
+4%
|
106
+7%
|
109
+4%
|
111
+1%
|
108
-3%
|
100
-8%
|
94
-6%
|
86
-8%
|
83
-5%
|
76
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(13)
|
(16)
|
(21)
|
(26)
|
(34)
|
(48)
|
(45)
|
(45)
|
(27)
|
(29)
|
(31)
|
(31)
|
(32)
|
(33)
|
(34)
|
(35)
|
(34)
|
(32)
|
(29)
|
(27)
|
(24)
|
|
Gross Profit |
5
N/A
|
7
+30%
|
8
+18%
|
8
+5%
|
9
+8%
|
9
-6%
|
9
+8%
|
10
+5%
|
10
-2%
|
26
+171%
|
43
+66%
|
59
+39%
|
77
+29%
|
120
+56%
|
111
-7%
|
106
-5%
|
51
-52%
|
57
+12%
|
64
+12%
|
68
+6%
|
74
+9%
|
77
+3%
|
77
+0%
|
73
-5%
|
66
-10%
|
62
-6%
|
57
-8%
|
56
-2%
|
52
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(24)
|
(25)
|
(26)
|
(26)
|
(26)
|
(28)
|
(30)
|
(32)
|
(35)
|
(46)
|
(62)
|
(79)
|
(95)
|
(159)
|
(155)
|
(149)
|
(92)
|
(88)
|
(87)
|
(91)
|
(92)
|
(93)
|
(101)
|
(103)
|
(101)
|
(97)
|
(91)
|
(85)
|
(80)
|
|
Selling, General & Administrative |
(17)
|
(17)
|
(18)
|
(18)
|
(19)
|
(21)
|
(22)
|
(24)
|
(27)
|
(38)
|
(54)
|
(71)
|
(87)
|
(149)
|
(146)
|
(139)
|
(84)
|
(81)
|
(80)
|
(84)
|
(83)
|
(86)
|
(92)
|
(94)
|
(90)
|
(86)
|
(80)
|
(75)
|
(72)
|
|
Research & Development |
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(10)
|
(9)
|
(10)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(11)
|
(11)
|
(11)
|
(10)
|
(8)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(19)
N/A
|
(18)
+4%
|
(18)
+0%
|
(17)
+4%
|
(17)
+0%
|
(20)
-15%
|
(21)
-4%
|
(22)
-9%
|
(26)
-15%
|
(21)
+20%
|
(20)
+6%
|
(20)
-1%
|
(18)
+8%
|
(39)
-116%
|
(44)
-12%
|
(43)
+3%
|
(41)
+5%
|
(31)
+24%
|
(23)
+25%
|
(23)
0%
|
(18)
+25%
|
(16)
+9%
|
(24)
-51%
|
(30)
-25%
|
(35)
-16%
|
(36)
-2%
|
(34)
+4%
|
(30)
+14%
|
(28)
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(2)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
(0)
|
(2)
|
(4)
|
(5)
|
(7)
|
(11)
|
(18)
|
(18)
|
(19)
|
(8)
|
(4)
|
(4)
|
(4)
|
(8)
|
(6)
|
(8)
|
(9)
|
(8)
|
(8)
|
(6)
|
(5)
|
(7)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
(23)
|
(23)
|
(23)
|
(33)
|
(6)
|
(3)
|
(3)
|
2
|
0
|
(1)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Total Other Income |
(0)
|
(1)
|
(1)
|
(2)
|
(0)
|
(0)
|
(1)
|
1
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(22)
N/A
|
(21)
+3%
|
(21)
+1%
|
(22)
-3%
|
(18)
+18%
|
(20)
-13%
|
(21)
-6%
|
(22)
-2%
|
(29)
-32%
|
(25)
+11%
|
(25)
+3%
|
(27)
-8%
|
(40)
-51%
|
(81)
-99%
|
(85)
-6%
|
(85)
+1%
|
(82)
+4%
|
(41)
+50%
|
(30)
+26%
|
(30)
+0%
|
(23)
+25%
|
(22)
+5%
|
(33)
-49%
|
(39)
-20%
|
(44)
-14%
|
(45)
-2%
|
(42)
+8%
|
(37)
+13%
|
(37)
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
(0)
|
(0)
|
21
|
21
|
21
|
21
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
|
Income from Continuing Operations |
(22)
|
(21)
|
(21)
|
(22)
|
3
|
1
|
(1)
|
(1)
|
(29)
|
(26)
|
(26)
|
(28)
|
(42)
|
(83)
|
(87)
|
(86)
|
(83)
|
(42)
|
(32)
|
(33)
|
(22)
|
(21)
|
(32)
|
(38)
|
(44)
|
(45)
|
(41)
|
(36)
|
(37)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
2
|
2
|
3
|
2
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
(22)
N/A
|
(21)
+3%
|
(21)
+1%
|
(22)
-3%
|
(18)
+18%
|
(20)
-13%
|
(21)
-6%
|
(22)
-2%
|
(29)
-32%
|
(27)
+7%
|
(26)
+1%
|
(28)
-6%
|
(41)
-46%
|
(81)
-99%
|
(88)
-9%
|
(87)
+2%
|
(85)
+2%
|
(44)
+48%
|
(31)
+31%
|
(33)
-8%
|
(23)
+31%
|
(22)
+3%
|
(33)
-49%
|
(38)
-14%
|
(44)
-15%
|
(45)
-2%
|
(42)
+7%
|
(36)
+13%
|
(37)
-3%
|
|
EPS (Diluted) |
-218
N/A
|
-176.75
+19%
|
-175.41
+1%
|
-181
-3%
|
-178
+2%
|
-154.61
+13%
|
-164.07
-6%
|
-136.25
+17%
|
-287
-111%
|
-83
+71%
|
-81.96
+1%
|
-84.24
-3%
|
-67.66
+20%
|
-37.41
+45%
|
-39.66
-6%
|
-33.98
+14%
|
-35.54
-5%
|
-12.38
+65%
|
-8.51
+31%
|
-9.24
-9%
|
-6.38
+31%
|
-5.23
+18%
|
-7.78
-49%
|
-8.76
-13%
|
-9.94
-13%
|
-8.57
+14%
|
-7.6
+11%
|
-6.52
+14%
|
-6.84
-5%
|