Vaso Corporation Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	89.11	86.77	81.02	79.29	75.58	69.85
Revenue Growth (YoY)	9.14%	7.09%	2.18%	4.92%	8.20%	-7.50%
Cost of Revenue	34.83	34.72	30.43	31.39	32.45	31.28
Gross Profit	54.28	52.05	50.59	47.9	43.13	38.57
Selling, General & Admin	51.33	48.98	45.08	40.84	38.59	37.05
Research & Development	0.76	0.85	0.76	0.61	1.72	0.75
Operating Expenses	52.09	49.84	45.83	41.45	40.31	37.8
Operating Income	2.19	2.22	4.76	6.45	2.82	0.77
Interest Expense	-	-0	-0.05	-0.04	-0.31	-0.7
Interest & Investment Income	1.15	1.25	0.97	0.3	0.1	0.18
Earnings From Equity Investments	-0.31	-0.25	-0.21	-0.15	-	-
EBT Excluding Unusual Items	3.03	3.21	5.47	6.55	2.61	0.25
Merger & Restructuring Charges	-0.14	-1.93	-0.57	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.11
Gain (Loss) on Sale of Assets	-0.01	-0	-0	-0	-	-
Other Unusual Items	-	-	-	-	3.65	-
Pretax Income	2.88	1.28	4.91	6.55	6.25	0.36
Income Tax Expense	0.29	0.33	0.1	-4.74	0.15	-0
Net Income	2.59	0.95	4.81	11.29	6.1	0.36
Net Income to Common	2.59	0.95	4.81	11.29	6.1	0.36
Net Income Growth	-	-80.21%	-57.45%	85.15%	1603.91%	-
Shares Outstanding (Basic)	176	175	174	173	172	170
Shares Outstanding (Diluted)	176	176	176	175	174	171
Shares Change (YoY)	0.46%	0.03%	0.51%	0.51%	1.71%	1.79%
EPS (Basic)	0.01	0.01	0.03	0.07	0.04	0.00
EPS (Diluted)	0.01	0.01	0.03	0.06	0.04	0.00
EPS Growth	-	-80.32%	-54.09%	68.88%	1595.89%	-
Free Cash Flow	7.78	1.83	4.57	13.85	7.4	4.93
Free Cash Flow Per Share	0.04	0.01	0.03	0.08	0.04	0.03
Gross Margin	60.91%	59.99%	62.44%	60.41%	57.07%	55.22%
Operating Margin	2.46%	2.55%	5.88%	8.14%	3.73%	1.10%
Profit Margin	2.90%	1.10%	5.93%	14.24%	8.07%	0.51%
Free Cash Flow Margin	8.73%	2.11%	5.63%	17.47%	9.79%	7.06%
EBITDA	2.92	3.04	5.76	8.38	6.66	3.23
EBITDA Margin	3.28%	3.50%	7.11%	10.56%	8.81%	4.63%
D&A For EBITDA	0.73	0.82	1	1.92	3.84	2.46
EBIT	2.19	2.22	4.76	6.45	2.82	0.77
EBIT Margin	2.46%	2.55%	5.88%	8.14%	3.73%	1.10%
Effective Tax Rate	9.98%	25.53%	2.04%	-	2.42%	-
Revenue as Reported	89.11	86.77	81.02	79.29	75.58	69.85

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.