Digimarc Corporation (DMRC)

Digimarc Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	34.85	30.2	26.52	23.99	22.99
Revenue Growth (YoY)	15.41%	13.87%	10.55%	4.36%	8.47%
Cost of Revenue	14.69	14.87	8.78	7.93	8.04
Gross Profit	20.17	15.32	17.74	16.06	14.95
Selling, General & Admin	40.48	48.66	40.07	31.56	32.22
Research & Development	26.58	26.49	17.54	17.31	16.47
Other Operating Expenses	1.32	1.98	0	0	0
Operating Expenses	68.37	77.13	57.61	48.87	48.68
Operating Income	-48.21	-61.81	-39.87	-32.81	-33.73
Other Expense / Income	-2.45	-2.11	-5.12	-0.28	-0.91
Pretax Income	-45.76	-59.7	-34.74	-32.54	-32.82
Income Tax	0.2	0.1	0.02	0	0.02
Net Income	-45.96	-59.8	-34.76	-32.54	-32.84
Preferred Dividends	0	0	0	11.44	0
Net Income Common	-45.96	-59.8	-34.76	-43.98	-32.84
Shares Outstanding (Basic)	20	19	16	13	12
Shares Outstanding (Diluted)	20	19	16	13	12
Shares Change	6.18%	16.26%	27.56%	9.73%	3.54%
EPS (Basic)	-2.26	-3.12	-2.11	-3.41	-2.79
EPS (Diluted)	-2.26	-3.12	-2.11	-3.41	-2.79
Free Cash Flow	-22.74	-45.88	-27.69	-21.57	-23.42
Free Cash Flow Per Share	-1.12	-2.40	-1.68	-1.67	-1.99
Gross Margin	57.86%	50.74%	66.90%	66.93%	65.04%
Operating Margin	-138.32%	-204.69%	-150.32%	-136.78%	-146.74%
Profit Margin	-131.87%	-198.03%	-131.07%	-183.33%	-142.86%
Free Cash Flow Margin	-65.23%	-151.92%	-104.40%	-89.91%	-101.87%
EBITDA	-37.63	-51.12	-32.2	-30.54	-30.92
EBITDA Margin	-107.97%	-169.29%	-121.43%	-127.28%	-134.52%
Depreciation & Amortization	8.13	8.58	2.54	2	1.9
EBIT	-45.76	-59.7	-34.74	-32.54	-32.82
EBIT Margin	-131.29%	-197.71%	-131.01%	-135.62%	-142.77%

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).