Artivion, Inc. (AORT)

Artivion Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	388.54	354	313.79	298.84	253.23
Revenue Growth (YoY)	9.75%	12.82%	5.00%	18.01%	-8.33%
Cost of Revenue	139.76	124.83	111.27	101.32	85.44
Gross Profit	248.78	229.18	202.52	197.51	167.78
Selling, General & Admin	192.38	185.4	166.35	160.9	136.61
Research & Development	28.45	28.71	38.88	35.55	24.21
Operating Expenses	220.83	214.11	205.23	196.45	160.82
Operating Income	27.95	15.07	-2.71	1.06	6.96
Interest Expense	-34.37	-25.38	-18.31	-16.89	-16.7
Interest & Investment Income	1.47	1.08	0.15	0.08	0.22
Currency Exchange Gain (Loss)	-5.4	2.1	-3.1	-5.5	1.8
Other Non Operating Income (Expenses)	-4.51	-5.21	-0.01	-0.64	-4.93
EBT Excluding Unusual Items	-14.86	-12.35	-23.98	-21.88	-12.65
Gain (Loss) on Sale of Assets	-	14.25	-	15.92	-
Other Unusual Items	7.34	-23.49	9	-8.87	-4.52
Pretax Income	-7.51	-21.59	-14.98	-14.83	-17.17
Income Tax Expense	5.85	9.1	4.21	0.01	-0.49
Net Income	-13.36	-30.69	-19.19	-14.83	-16.68
Preferred Dividends & Other Adjustments	-0.02	-0.12	-0.1	-0.09	-0.11
Net Income to Common	-13.34	-30.57	-19.09	-14.74	-16.57
Shares Outstanding (Basic)	42	41	40	39	38
Shares Outstanding (Diluted)	42	41	40	39	38
Shares Change (YoY)	2.29%	1.78%	2.69%	2.96%	0.00%
EPS (Basic)	-0.32	-0.75	-0.48	-0.38	-0.44
EPS (Diluted)	-0.32	-0.75	-0.48	-0.38	-0.44
Free Cash Flow	11.05	9.07	-15.87	-15.68	5.04
Free Cash Flow Per Share	0.27	0.22	-0.40	-0.40	0.13
Gross Margin	64.03%	64.74%	64.54%	66.09%	66.26%
Operating Margin	7.19%	4.26%	-0.86%	0.36%	2.75%
Profit Margin	-3.43%	-8.63%	-6.08%	-4.93%	-6.54%
Free Cash Flow Margin	2.84%	2.56%	-5.06%	-5.25%	1.99%
EBITDA	52.16	38.14	19.73	25.04	27.68
EBITDA Margin	13.42%	10.77%	6.29%	8.38%	10.93%
D&A For EBITDA	24.21	23.08	22.44	23.98	20.71
EBIT	27.95	15.07	-2.71	1.06	6.96
EBIT Margin	7.19%	4.26%	-0.86%	0.36%	2.75%
Revenue as Reported	388.54	354	313.79	298.84	253.23
Advertising Expenses	1.7	1.9	1.6	1	1.1

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q