Vistance Networks Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,932	1,383	1,864	5,789	6,737
Revenue Growth (YoY)	39.71%	-25.82%	-67.80%	-14.08%	-20.13%
Cost of Revenue	975.7	777.5	963.5	3,803	4,298
Gross Profit	955.9	605.1	900.3	1,986	2,440
Selling, General & Admin	497.4	472	512.4	907.8	1,083
Depreciation & Amortization Expenses	138.4	165.1	227	400.1	510
Research & Development	283.5	247.5	318.8	451.6	565
Other Operating Expenses	-11	12.2	501.7	1,161	85.1
Total Operating Expenses	908.3	896.8	1,560	2,921	2,243
Operating Income	47.6	-291.7	-659.6	-935.3	196.6
Interest Income	16.7	10.9	11.1	2.8	1.9
Interest Expense	-	-	-	-588.9	-561.2
Other Non-Operating Income (Expense)	-9.4	7.9	75.5	-	-26.5
Total Non-Operating Income (Expense)	7.3	18.8	86.6	-586.1	-585.8
Pretax Income	54.9	-272.9	-573	-1,521	-389.2
Provision for Income Taxes	-269.4	-66.9	79.8	-91.3	-39.2
Net Income	2,215	-380.7	-1,569	-1,346	-519.9
Net Income Attributable to Preferred Dividends	-68.9	-65.2	-61.8	-59	-57.3
Earnings From Discontinued Operations	1,959	-109.5	-854	143.2	-112.6
Net Income to Common	2,215	-380.7	-1,569	-1,346	-519.9
Shares Outstanding (Basic)	220	214	211	207	204
Shares Outstanding (Diluted)	230	214	211	207	204
Shares Change (YoY)	7.28%	1.66%	1.69%	1.87%	3.45%
EPS (Basic)	10.09	-1.78	-7.44	-7.18	-2.55
EPS (Diluted)	9.63	-1.78	-7.44	-7.18	-2.55
Free Cash Flow	252.6	247.8	236.6	88.7	-9.1
Free Cash Flow Growth	1.94%	4.73%	166.74%	-	-
Free Cash Flow Per Share	1.10	1.16	1.12	0.43	-0.04
Gross Margin	49.49%	43.77%	48.30%	34.30%	36.21%
Operating Margin	2.46%	-21.10%	-35.39%	-16.16%	2.92%
Profit Margin	16.79%	-14.90%	-35.03%	-24.70%	-5.19%
FCF Margin	13.08%	17.92%	12.69%	1.53%	-0.14%
EBITDA	324.6	78.8	-98.4	-239.2	982.9
EBITDA Margin	16.80%	5.70%	-5.28%	-4.13%	14.59%
EBIT	47.6	-291.7	-659.6	-935.3	196.6
EBIT Margin	2.46%	-21.10%	-35.39%	-16.16%	2.92%
Effective Tax Rate	-490.71%	24.51%	-13.93%	6.00%	10.07%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.