ClearOne, Inc. (CLRO)

ClearOne Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	18.7	25.21	28.97	29.07	25.04
Revenue Growth (YoY)	-25.79%	-12.99%	-0.35%	16.08%	-11.06%
Cost of Revenue	12.35	15.75	17.05	16.51	13.85
Gross Profit	6.36	9.46	11.92	12.56	11.19
Selling, General & Admin	9.46	12.29	13.62	12.61	13.98
Research & Development	3.67	4.39	5.79	5.51	5.78
Operating Expenses	13.13	16.68	19.41	18.13	19.76
Operating Income	-6.77	-7.22	-7.5	-5.57	-8.56
Interest Expense / Income	0.54	0.42	0.51	0.44	0.03
Other Expense / Income	-7.18	-35.1	-0.03	-0.08	-0.24
Pretax Income	-0.13	27.46	-7.98	-5.92	-8.35
Income Tax	0.43	6.9	-0.28	-6.43	0.06
Net Income	-0.56	20.56	-7.69	0.51	-8.41
Shares Outstanding (Basic)	24	24	20	17	17
Shares Outstanding (Diluted)	24	25	20	17	17
Shares Change	-4.89%	26.83%	14.63%	4.13%	86.06%
EPS (Basic)	-0.02	0.86	-0.39	0.03	-0.51
EPS (Diluted)	-0.02	0.83	-0.39	0.03	-0.51
Free Cash Flow	54.25	-4.23	-4.62	-1.27	-4.86
Free Cash Flow Per Share	2.26	-0.18	-0.23	-0.07	-0.29
Dividend Per Share	1.000	-	-	-	-
Gross Margin	33.99%	37.52%	41.14%	43.20%	44.70%
Operating Margin	-36.21%	-28.65%	-25.87%	-19.15%	-34.19%
Profit Margin	-2.99%	81.56%	-26.56%	1.74%	-33.58%
Free Cash Flow Margin	290.06%	-16.78%	-15.93%	-4.36%	-19.41%
Effective Tax Rate	-	25.14%	-	-	-
EBITDA	1.75	31.45	-3.99	-2.61	-5.85
EBITDA Margin	9.35%	124.76%	-13.76%	-8.99%	-23.36%
Depreciation & Amortization	1.34	3.57	3.48	2.88	2.48
EBIT	0.41	27.88	-7.46	-5.49	-8.33
EBIT Margin	2.20%	110.61%	-25.76%	-18.88%	-33.25%

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).