Paragon 28 Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	256.18	216.39	181.38	147.46	110.98
Revenue Growth (YoY)	18.39%	19.30%	23.00%	32.87%	4.42%
Cost of Revenue	64.69	51.95	32.12	28.02	25.1
Gross Profit	191.49	164.44	149.27	119.44	85.88
Selling, General & Admin	205.2	180.02	158.56	113.27	72.64
Research & Development	27.07	30.08	24.65	16.13	11.17
Operating Expenses	232.27	210.1	183.21	129.39	83.81
Operating Income	-40.78	-45.67	-33.95	-9.95	2.07
Interest Expense	-11.53	-5.17	-4.13	-1.72	-0.6
Other Non Operating Income (Expenses)	-1.51	-1.18	0.12	-0.05	-0.19
EBT Excluding Unusual Items	-53.82	-52.01	-37.95	-11.72	1.28
Merger & Restructuring Charges	-	-	-0.76	-0.82	-
Legal Settlements	-	-	-27	-	-
Other Unusual Items	0.34	-5.31	-	-0.44	3.75
Pretax Income	-53.48	-57.32	-65.71	-12.98	5.03
Income Tax Expense	1.16	0.21	-0.06	0.71	1.53
Net Income	-54.64	-57.53	-65.65	-13.69	3.5
Preferred Dividends & Other Adjustments	-	-	-	-	0.81
Net Income to Common	-54.64	-57.53	-65.65	-13.69	2.69
Net Income Growth	-	-	-	-	12.22%
Shares Outstanding (Basic)	83	82	77	53	44
Shares Outstanding (Diluted)	83	82	77	53	60
Shares Change (YoY)	1.49%	6.93%	45.07%	-12.40%	-1.72%
EPS (Basic)	-0.66	-0.70	-0.86	-0.26	0.06
EPS (Diluted)	-0.66	-0.70	-0.86	-0.26	0.04
EPS Growth	-	-	-	-	-20.00%
Free Cash Flow	-42.95	-90.61	-90.29	-21.61	-8.54
Free Cash Flow Per Share	-0.52	-1.10	-1.18	-0.41	-0.14
Gross Margin	74.75%	75.99%	82.29%	81.00%	77.38%
Operating Margin	-15.92%	-21.10%	-18.71%	-6.75%	1.86%
Profit Margin	-21.33%	-26.59%	-36.19%	-9.29%	2.42%
Free Cash Flow Margin	-16.76%	-41.87%	-49.78%	-14.66%	-7.70%
EBITDA	-22.23	-30.12	-20.22	-0.99	8.45
EBITDA Margin	-8.68%	-13.92%	-11.15%	-0.67%	7.62%
D&A For EBITDA	18.55	15.54	13.73	8.96	6.38
EBIT	-40.78	-45.67	-33.95	-9.95	2.07
EBIT Margin	-15.92%	-21.10%	-18.71%	-6.75%	1.86%
Effective Tax Rate	-	-	-	-	30.39%

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q