CVD Equipment Corporation (CVV)

CVD Equipment Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	20.34	24.11	25.81	16.45	16.92	19.65
Revenue Growth (YoY)	-31.89%	-6.60%	56.95%	-2.80%	-13.88%	-19.26%
Cost of Revenue	16.84	19.04	19.19	13.37	14.04	16.85
Gross Profit	3.5	5.07	6.63	3.08	2.88	2.8
Selling, General & Admin	6.8	7.08	6.54	5.96	6.73	7.18
Research & Development	2.74	2.6	1.91	1.79	0.37	0.6
Other Operating Expenses	0.27	0.27	0	0	3.6	0
Operating Expenses	9.81	9.95	8.45	7.74	10.71	7.78
Operating Income	-6.32	-4.88	-1.82	-4.66	-7.82	-4.98
Interest Expense / Income	0.02	0.02	0.01	0.26	0.44	0.48
Other Expense / Income	-0.71	-0.71	-1.61	-9.7	-0.67	-0.55
Pretax Income	-5.63	-4.19	-0.22	4.78	-7.6	-4.91
Income Tax	-0.02	-0.01	0	0.03	-1.53	1.41
Net Income	-5.61	-4.18	-0.22	4.75	-6.07	-6.33
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
Shares Change	0.53%	0.80%	0.45%	0.96%	1.19%	1.02%
EPS (Basic)	-0.83	-0.62	-0.03	0.71	-0.91	-0.96
EPS (Diluted)	-0.83	-0.62	-0.03	0.71	-0.91	-0.96
Free Cash Flow	0.68	-0.62	-0.52	18.57	-2.71	-2.12
Free Cash Flow Per Share	0.10	-0.09	-0.08	2.78	-0.41	-0.32
Gross Margin	17.20%	21.03%	25.67%	18.71%	17.04%	14.23%
Operating Margin	-31.06%	-20.25%	-7.06%	-28.36%	-46.24%	-25.37%
Profit Margin	-27.60%	-17.34%	-0.87%	28.86%	-35.90%	-32.21%
Free Cash Flow Margin	3.35%	-2.59%	-2.03%	112.89%	-16.02%	-10.78%
Effective Tax Rate	-	-	-	0.59%	-	-
EBITDA	-4.83	-3.38	0.66	5.78	-5.77	-3.39
EBITDA Margin	-23.73%	-14.02%	2.54%	35.13%	-34.09%	-17.25%
Depreciation & Amortization	0.78	0.79	0.87	0.74	1.39	1.04
EBIT	-5.6	-4.17	-0.21	5.04	-7.16	-4.43
EBIT Margin	-27.56%	-17.30%	-0.82%	30.62%	-42.30%	-22.55%

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).