Vado Corp. (VADP)

Vado Corp. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	19.67	16.03	17.62	29.77
Revenue Growth (YoY)	19.55%	-9.00%	-40.82%	-
Cost of Revenue	15.39	11.29	11.5	19.15
Gross Profit	4.28	4.74	6.12	10.62
Selling, General & Admin	9.57	10.07	10.32	11.22
Operating Expenses	9.57	10.07	10.32	11.22
Operating Income	-5.29	-5.33	-4.2	-0.6
Interest Expense	-3.14	-2.33	-0.61	-0.72
Interest & Investment Income	0.05	0.03	-	-
EBT Excluding Unusual Items	-8.38	-7.63	-4.8	-1.32
Legal Settlements	-	-0.89	-	-
Other Unusual Items	-	-	-	2.43
Pretax Income	-8.38	-8.52	-4.8	1.12
Income Tax Expense	-	-	-	-0.74
Net Income	-8.38	-8.52	-4.8	1.85
Net Income to Common	-8.38	-8.52	-4.8	1.85
Shares Outstanding (Basic)	182	182	166	19
Shares Outstanding (Diluted)	182	182	166	19
Shares Change (YoY)	6.40%	9.67%	764.77%	-
EPS (Basic)	-0.05	-0.05	-0.03	0.10
EPS (Diluted)	-0.05	-0.05	-0.03	0.10
Free Cash Flow	-0.83	-3.87	-4.38	0.31
Free Cash Flow Per Share	-0.00	-0.02	-0.03	0.02
Gross Margin	21.78%	29.56%	34.75%	35.66%
Operating Margin	-26.90%	-33.22%	-23.81%	-2.01%
Profit Margin	-42.60%	-53.15%	-27.26%	6.22%
Free Cash Flow Margin	-4.24%	-24.11%	-24.86%	1.03%
EBITDA	-5.34	-5.31	-4.01	-0.42
EBITDA Margin	-27.13%	-33.10%	-22.75%	-1.41%
D&A For EBITDA	-0.04	0.02	0.19	0.18
EBIT	-5.29	-5.33	-4.2	-0.6
EBIT Margin	-26.90%	-33.22%	-23.81%	-2.01%

Source: S&P Capital IQ. Standard template. Financial Sources.