FARO Technologies, Inc. (FARO)

FARO Technologies 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	358.11	358.83	345.77	337.81	303.77	381.77
Revenue Growth (YoY)	1.14%	3.78%	2.35%	11.21%	-20.43%	-5.42%
Cost of Revenue	189.52	193.83	170	153.89	143.92	183.63
Gross Profit	168.59	165	175.76	183.93	159.85	198.13
Selling, General & Admin	155.55	157.34	146.66	136.23	131.83	177.38
Research & Development	38.11	41.81	49.42	48.76	42.9	44.18
Other Operating Expenses	11.16	15.39	4.61	7.37	15.81	35.21
Operating Expenses	204.82	214.54	200.69	192.36	190.53	256.77
Operating Income	-36.23	-49.54	-24.92	-8.44	-30.68	-58.63
Interest Expense / Income	3.34	3.35	-0.04	0.06	-0.34	0.78
Other Expense / Income	1.42	1.18	-3.24	0.07	0.43	1.6
Pretax Income	-41	-54.06	-21.65	-8.56	-30.77	-61.01
Income Tax	1.68	2.52	5.11	31.4	-31.4	1.13
Net Income	-42.68	-56.58	-26.76	-39.96	0.63	-62.15
Shares Outstanding (Basic)	19	19	18	18	18	17
Shares Outstanding (Diluted)	19	19	18	18	18	17
Shares Change	1.23%	3.27%	0.72%	1.46%	3.12%	0.20%
EPS (Basic)	-2.24	-2.99	-1.46	-2.20	0.04	-3.58
EPS (Diluted)	-2.24	-2.99	-1.46	-2.20	0.04	-3.58
Free Cash Flow	12.74	-12.92	-41.79	-25.42	15.32	23.68
Free Cash Flow Per Share	0.67	-0.68	-2.28	-1.40	0.86	1.36
Gross Margin	47.08%	45.98%	50.83%	54.45%	52.62%	51.90%
Operating Margin	-10.12%	-13.80%	-7.21%	-2.50%	-10.10%	-15.36%
Profit Margin	-11.92%	-15.77%	-7.74%	-11.83%	0.21%	-16.28%
Free Cash Flow Margin	3.56%	-3.60%	-12.09%	-7.52%	5.04%	6.20%
EBITDA	-23.07	-35.34	-7.7	4.89	-16.87	-41.72
EBITDA Margin	-6.44%	-9.85%	-2.23%	1.45%	-5.55%	-10.93%
Depreciation & Amortization	14.59	15.38	13.98	13.4	14.24	18.52
EBIT	-37.65	-50.71	-21.69	-8.51	-31.11	-60.23
EBIT Margin	-10.51%	-14.13%	-6.27%	-2.52%	-10.24%	-15.78%

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).