AudioCodes Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2000
Revenue	244.38	275.09	248.92	220.77	200.29	Upgrade
Revenue Growth (YoY)	-11.16%	10.51%	12.75%	10.23%	13.66%	Upgrade
Cost of Revenue	86.03	96.32	78.03	70.96	105.33	Upgrade
Gross Profit	158.35	178.78	170.89	149.82	94.96	Upgrade
Selling, General & Admin	86.76	87.62	77.97	65.39	63.31	Upgrade
Research & Development	57.17	59.84	53.4	46.07	41.2	Upgrade
Operating Expenses	143.93	147.46	131.37	111.47	104.51	Upgrade
Operating Income	14.42	31.32	39.52	38.35	-9.55	Upgrade
Interest Expense / Income	0.05	-2.86	-0.12	1.7	1.76	Upgrade
Pretax Income	14.37	34.18	39.65	36.65	-11.32	Upgrade
Income Tax	5.59	5.72	5.9	9.4	-15.29	Upgrade
Net Income	8.78	28.47	33.75	27.25	3.98	Upgrade
Net Income Growth	-69.16%	-15.66%	23.87%	585.14%	-70.53%	Upgrade
Shares Outstanding (Basic)	31	32	33	31	29	Upgrade
Shares Outstanding (Diluted)	32	33	34	33	31	Upgrade
Shares Change	-2.84%	-3.98%	2.83%	6.87%	1.92%	Upgrade
EPS (Basic)	0.28	0.89	1.03	0.87	0.14	Upgrade
EPS (Diluted)	0.28	0.88	1.00	0.83	0.13	Upgrade
EPS Growth	-68.18%	-12.00%	20.48%	538.46%	-71.11%	Upgrade
Free Cash Flow	8.93	6.79	46.17	36.95	21.22	Upgrade
Free Cash Flow Per Share	0.28	0.21	1.41	1.18	0.72	Upgrade
Dividend Per Share	0.360	0.360	0.330	0.270	0.230	Upgrade
Dividend Growth	0%	9.09%	22.22%	17.39%	15.00%	Upgrade
Gross Margin	64.80%	64.99%	68.65%	67.86%	47.41%	Upgrade
Operating Margin	5.90%	11.38%	15.88%	17.37%	-4.77%	Upgrade
Profit Margin	3.59%	10.35%	13.56%	12.34%	1.99%	Upgrade
Free Cash Flow Margin	3.65%	2.47%	18.55%	16.73%	10.59%	Upgrade
Effective Tax Rate	38.91%	16.72%	14.87%	25.65%	-	Upgrade
EBITDA	17.02	34.3	41.96	40.62	-7.51	Upgrade
EBITDA Margin	6.96%	12.47%	16.86%	18.40%	-3.75%	Upgrade
Depreciation & Amortization	2.6	2.98	2.43	2.27	2.04	Upgrade
EBIT	14.42	31.32	39.52	38.35	-9.55	Upgrade
EBIT Margin	5.90%	11.38%	15.88%	17.37%	-4.77%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).