electroCore, Inc. (ECOR)

electroCore Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	16.03	8.59	5.45	3.5	2.39
Revenue Growth (YoY)	86.57%	57.62%	55.93%	46.25%	140.72%
Cost of Revenue	2.8	1.62	1.39	1.74	1.16
Gross Profit	13.23	6.98	4.07	1.76	1.23
Selling, General & Admin	27.17	24.33	21.57	21.84	35.42
Research & Development	5.32	5.52	2.54	4.2	9.9
Other Operating Expenses	0	0	0	0.46	2
Operating Expenses	32.5	29.85	24.11	26.51	47.32
Operating Income	-19.27	-22.87	-20.04	-24.75	-46.09
Other Expense / Income	-0.25	-0.28	-1.97	-0.07	-0.96
Pretax Income	-19.02	-22.59	-18.07	-24.68	-45.13
Income Tax	-0.19	-0.43	-0.85	-1.17	0.02
Net Income	-18.83	-22.16	-17.22	-23.51	-45.15
Shares Outstanding (Basic)	6	5	4	3	2
Shares Outstanding (Diluted)	6	5	4	3	2
Shares Change	16.62%	19.87%	51.74%	32.74%	0.40%
EPS (Basic)	-3.42	-4.69	-4.36	-9.00	-23.10
EPS (Diluted)	-3.42	-4.69	-4.36	-9.00	-23.10
Free Cash Flow	-14.87	-16.65	-13.63	-20.05	-45.14
Free Cash Flow Per Share	-2.70	-3.52	-3.45	-7.71	-23.04
Gross Margin	82.51%	81.19%	74.59%	50.30%	51.60%
Operating Margin	-120.21%	-266.22%	-367.69%	-707.94%	-1928.17%
Profit Margin	-117.49%	-257.94%	-315.87%	-672.55%	-1888.81%
Free Cash Flow Margin	-92.79%	-193.73%	-249.99%	-573.56%	-1888.32%
EBITDA	-18	-22	-17.63	-23.91	-44.82
EBITDA Margin	-112.26%	-256.02%	-323.46%	-683.97%	-1875.21%
Depreciation & Amortization	1.03	0.6	0.44	0.77	0.31
EBIT	-19.02	-22.59	-18.07	-24.68	-45.13
EBIT Margin	-118.65%	-262.95%	-331.48%	-706.04%	-1888.07%

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).