FARO Technologies, Inc. (FARO)

FARO Technologies Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	342.43	358.83	345.77	337.81	303.77
Revenue Growth (YoY)	-4.57%	3.78%	2.35%	11.21%	-20.43%
Cost of Revenue	155.27	184.49	170	153.89	143.92
Gross Profit	187.15	174.34	175.76	183.93	159.85
Selling, General & Admin	140.58	157.34	146.66	136.23	131.83
Research & Development	40.06	41.81	49.42	48.76	42.9
Operating Expenses	180.64	199.14	196.07	185	174.72
Operating Income	6.51	-24.8	-20.31	-1.07	-14.88
Interest Expense	-3.55	-3.35	-	-0.06	-
Interest & Investment Income	-	-	0.04	-	0.34
Currency Exchange Gain (Loss)	-	-	-	-	-1.68
Other Non Operating Income (Expenses)	-0.71	-1.18	3.24	-0.07	1.25
EBT Excluding Unusual Items	2.25	-29.33	-17.04	-1.19	-14.97
Merger & Restructuring Charges	-3.18	-24.73	-4.61	-7.37	-15.81
Pretax Income	-0.93	-54.06	-21.65	-8.56	-30.77
Income Tax Expense	8.13	2.52	5.11	31.4	-31.4
Net Income	-9.07	-56.58	-26.76	-39.96	0.63
Net Income to Common	-9.07	-56.58	-26.76	-39.96	0.63
Shares Outstanding (Basic)	19	19	18	18	18
Shares Outstanding (Diluted)	19	19	18	18	18
Shares Change (YoY)	1.24%	3.27%	0.72%	1.46%	3.12%
EPS (Basic)	-0.47	-2.99	-1.46	-2.20	0.04
EPS (Diluted)	-0.47	-2.99	-1.46	-2.20	0.04
Free Cash Flow	24.79	-5.74	-31.23	-20.51	16.62
Free Cash Flow Per Share	1.29	-0.30	-1.71	-1.13	0.93
Gross Margin	54.66%	48.59%	50.83%	54.45%	52.62%
Operating Margin	1.90%	-6.91%	-5.87%	-0.32%	-4.90%
Profit Margin	-2.65%	-15.77%	-7.74%	-11.83%	0.21%
Free Cash Flow Margin	7.24%	-1.60%	-9.03%	-6.07%	5.47%
EBITDA	22.25	-9.43	-6.33	12.33	-0.64
EBITDA Margin	6.50%	-2.63%	-1.83%	3.65%	-0.21%
D&A For EBITDA	15.74	15.38	13.98	13.4	14.24
EBIT	6.51	-24.8	-20.31	-1.07	-14.88
EBIT Margin	1.90%	-6.91%	-5.87%	-0.32%	-4.90%
Revenue as Reported	342.43	358.83	345.77	337.81	303.77

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q