Vesync Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	652.64	585.48	490.38	454.25	348.92
Revenue Growth (YoY)	11.47%	19.39%	7.95%	30.19%	102.96%
Cost of Revenue	346.06	311.11	348.09	278.14	196.5
Gross Profit	306.58	274.37	142.29	176.11	152.42
Selling, General & Admin	196.34	182.31	158.83	119.97	86.16
Operating Expenses	196.78	182.69	158.63	120.14	86.3
Operating Income	109.8	91.68	-16.34	55.97	66.12
Interest Expense	-2.74	-1.11	-1.55	-0.76	-1.14
Interest & Investment Income	7.23	3.77	0.78	0.67	0.01
Earnings From Equity Investments	-0.35	-0.1	0.18	-	-
Currency Exchange Gain (Loss)	-	3.49	-	-	-
Other Non Operating Income (Expenses)	-3.4	-13.2	-4.91	-4.86	-5.03
EBT Excluding Unusual Items	110.53	84.54	-21.84	51.01	59.96
Asset Writedown	-0.17	-	-	-	-
Other Unusual Items	1.13	2.93	-	-	0.1
Pretax Income	111.49	87.47	-21.84	51.01	60.06
Income Tax Expense	18.44	10.04	-5.52	9.42	5.33
Earnings From Continuing Operations	93.05	77.43	-16.32	41.59	54.72
Minority Interest in Earnings	-	0.05	0.04	-	-
Net Income	93.05	77.48	-16.28	41.59	54.72
Net Income to Common	93.05	77.48	-16.28	41.59	54.72
Net Income Growth	20.09%	-	-	-24.00%	758.80%
Shares Outstanding (Basic)	1,077	1,119	1,129	1,130	810
Shares Outstanding (Diluted)	1,082	1,120	1,133	1,130	811
Shares Change (YoY)	-3.43%	-1.11%	0.29%	39.23%	1.42%
EPS (Basic)	0.09	0.07	-0.01	0.04	0.07
EPS (Diluted)	0.09	0.07	-0.01	0.04	0.07
EPS Growth	24.28%	-	-	-45.40%	746.20%
Free Cash Flow	136.28	103.69	-1.67	-50.64	8.76
Free Cash Flow Per Share	0.13	0.09	-0.00	-0.04	0.01
Dividend Per Share	0.011	0.027	-	0.008	0.016
Dividend Growth	-57.75%	-	-	-50.05%	-
Gross Margin	46.98%	46.86%	29.02%	38.77%	43.68%
Operating Margin	16.82%	15.66%	-3.33%	12.32%	18.95%
Profit Margin	14.26%	13.23%	-3.32%	9.16%	15.68%
Free Cash Flow Margin	20.88%	17.71%	-0.34%	-11.15%	2.51%
EBITDA	112.61	94.29	-14.17	57.27	66.82
EBITDA Margin	17.25%	16.11%	-2.89%	12.61%	19.15%
D&A For EBITDA	2.81	2.61	2.17	1.31	0.71
EBIT	109.8	91.68	-16.34	55.97	66.12
EBIT Margin	16.82%	15.66%	-3.33%	12.32%	18.95%
Effective Tax Rate	16.54%	11.48%	-	18.47%	8.88%

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.