FalconStor Software, Inc. (FALC)

FalconStor Software 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	11.63	11.6	10.05	14.18	14.77	16.54
Revenue Growth (YoY)	13.19%	15.38%	-29.11%	-3.98%	-10.73%	-7.26%
Cost of Revenue	1.69	1.65	1.56	1.95	1.83	2.91
Gross Profit	9.94	9.95	8.49	12.23	12.94	13.63
Selling, General & Admin	5.71	6.11	7.18	8.56	7.62	9.97
Research & Development	2.37	2.42	2.56	2.83	2.47	3.21
Operating Expenses	8.09	8.53	9.74	11.39	10.09	13.18
Operating Income	1.85	1.42	-1.26	0.21	1.32	0.1
Interest Income	0.02	0	0.29	0.58	0.7	0.6
Interest Expense	0.28	0.33	0.33	0.66	0.69	0.6
Other Expense / Income	0.17	0.03	0.29	-0.59	0.26	1.36
Pretax Income	1.42	1.06	-1.59	0.73	1.12	-1.26
Income Tax	0.12	0.08	0.21	0.53	-0.01	0.49
Net Income	1.31	0.98	-1.8	0.2	1.08	-1.75
Net Income Growth	-	-	-	-81.22%	-	-
Shares Outstanding (Basic)	7	7	7	7	6	6
Shares Outstanding (Diluted)	7	7	7	7	6	6
Shares Change	0.20%	0.33%	8.99%	10.05%	0.34%	532.23%
EPS (Basic)	0.19	0.14	-0.25	0.03	0.18	-0.30
EPS (Diluted)	0.19	0.14	-0.25	0.03	0.18	-0.30
EPS Growth	-	-	-	-82.67%	-	-
Free Cash Flow	1.12	1.5	-1.24	-1.07	0.63	-2.13
Free Cash Flow Per Share	0.16	0.21	-0.17	-0.16	0.11	-0.36
Gross Margin	85.46%	85.80%	84.43%	86.23%	87.63%	82.39%
Operating Margin	15.91%	12.25%	-12.50%	1.49%	8.93%	0.63%
Profit Margin	11.23%	8.44%	-17.90%	1.43%	7.33%	-10.59%
Free Cash Flow Margin	9.60%	12.92%	-12.31%	-7.52%	4.23%	-12.86%
Effective Tax Rate	8.18%	7.53%	-	72.15%	-1.27%	-
EBITDA	1.98	1.44	-1.26	0.83	2.85	1.55
EBITDA Margin	17.04%	12.42%	-12.50%	5.89%	19.30%	9.39%
Depreciation & Amortization	0.13	0.02	0.2	0.62	1.53	1.45
EBIT	1.85	1.42	-1.46	0.21	1.32	0.1
EBIT Margin	15.91%	12.25%	-14.47%	1.49%	8.93%	0.63%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.