Sonic Foundry Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020	Sep '19 Sep 30, 2019
Operating Revenue	22.11	27.47	35.17	34.75	34.78
Revenue	22.11	27.47	35.17	34.75	34.78
Revenue Growth (YoY)	-19.50%	-21.90%	1.19%	-0.08%	0.69%
Cost of Revenue	9.26	8.65	10.29	9.63	9.28
Gross Profit	12.85	18.81	24.87	25.12	25.5
Selling, General & Admin	15.47	18.2	16.84	18.08	20.66
Research & Development	11.02	7.54	7.23	6.3	7.35
Operating Expenses	26.49	25.74	24.07	24.38	28.01
Operating Income	-13.64	-6.92	0.81	0.74	-2.51
Interest Expense	-1.77	-0.03	-0.04	-0.66	-0.9
Currency Exchange Gain (Loss)	-0.01	-0.06	0.02	-0.04	-0.16
Other Non Operating Income (Expenses)	0.07	-0.3	-0.01	-0.07	0.04
EBT Excluding Unusual Items	-15.35	-7.32	0.77	-0.03	-3.52
Asset Writedown	-3.77	-	-	-	-
Other Unusual Items	-	-	2.33	-	-
Pretax Income	-19.12	-7.32	3.09	-0.03	-3.52
Income Tax Expense	0.23	-0.24	0.02	0.15	0.09
Net Income	-19.35	-7.08	3.08	-0.18	-3.61
Preferred Dividends & Other Adjustments	-	-	-	-	0.12
Net Income to Common	-19.35	-7.08	3.08	-0.18	-3.73
Shares Outstanding (Basic)	12	10	8	7	6
Shares Outstanding (Diluted)	12	10	9	7	6
Shares Change (YoY)	20.75%	14.44%	19.88%	23.71%	25.30%
EPS (Basic)	-1.62	-0.72	0.37	-0.02	-0.64
EPS (Diluted)	-1.62	-0.72	0.36	-0.02	-0.64
Free Cash Flow	-11.87	-8.15	-0.24	1.61	-1.17
Free Cash Flow Per Share	-0.99	-0.82	-0.03	0.22	-0.20
Gross Margin	58.14%	68.50%	70.73%	72.28%	73.32%
Operating Margin	-61.68%	-25.21%	2.30%	2.12%	-7.21%
Profit Margin	-87.51%	-25.79%	8.75%	-0.52%	-10.74%
Free Cash Flow Margin	-53.70%	-29.69%	-0.67%	4.62%	-3.36%
EBITDA	-11.37	-5.62	2.12	1.86	-1.23
EBITDA Margin	-51.44%	-20.45%	6.03%	5.34%	-3.54%
D&A For EBITDA	2.27	1.31	1.31	1.12	1.28
EBIT	-13.64	-6.92	0.81	0.74	-2.51
EBIT Margin	-61.68%	-25.21%	2.30%	2.12%	-7.21%
Effective Tax Rate	-	-	0.48%	-	-
Revenue as Reported	22.11	27.47	35.17	34.75	34.78
Advertising Expenses	0.26	0.36	0.44	0.4	0.44

Source: S&P Global Market Intelligence. Standard template. Financial Sources.