Innodata Inc. (INOD)

Innodata Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	228.14	170.46	86.78	79	69.76	58.24
Revenue Growth (YoY)	112.54%	96.44%	9.84%	13.26%	19.77%	4.26%
Cost of Revenue	132.34	101.95	53.6	49.7	41.71	36.51
Gross Profit	95.8	68.51	33.18	29.31	28.05	21.73
Selling, General & Admin	55.94	44.17	32.28	39.78	29.7	20.95
Operating Expenses	55.94	44.17	32.28	39.78	29.7	20.95
Operating Income	39.86	24.34	0.9	-10.47	-1.65	0.78
Interest Expense	-0.29	-0.29	-0.4	-0.01	-	-0.14
Interest & Investment Income	1.11	0.44	0.22	-	0.11	-
EBT Excluding Unusual Items	40.68	24.49	0.72	-10.48	-1.54	0.65
Merger & Restructuring Charges	-	-	-0.58	-	-	-
Other Unusual Items	-	-	-	-	0.58	0.4
Pretax Income	40.68	24.49	0.14	-10.48	-0.96	1.05
Income Tax Expense	-2.02	-4.19	1.03	1.52	0.84	0.4
Earnings From Continuing Operations	42.7	28.68	-0.89	-12.01	-1.81	0.64
Minority Interest in Earnings	-0.01	-0.02	-0.02	0.07	0.13	-0.03
Net Income	42.69	28.66	-0.91	-11.94	-1.67	0.62
Net Income to Common	42.69	28.66	-0.91	-11.94	-1.67	0.62
Shares Outstanding (Basic)	31	29	28	27	27	25
Shares Outstanding (Diluted)	33	32	28	27	27	26
Shares Change (YoY)	8.96%	14.38%	3.13%	2.43%	4.13%	-0.78%
EPS (Basic)	1.40	0.98	-0.03	-0.44	-0.06	0.03
EPS (Diluted)	1.28	0.89	-0.03	-0.44	-0.06	0.02
Free Cash Flow	36.07	27.27	0.34	-7.74	0.78	4.25
Free Cash Flow Per Share	1.08	0.85	0.01	-0.28	0.03	0.17
Gross Margin	41.99%	40.19%	38.23%	37.10%	40.21%	37.31%
Operating Margin	17.47%	14.28%	1.03%	-13.26%	-2.37%	1.34%
Profit Margin	18.71%	16.81%	-1.05%	-15.11%	-2.40%	1.06%
Free Cash Flow Margin	15.81%	16.00%	0.39%	-9.80%	1.12%	7.29%
EBITDA	42.33	26.63	2.91	-8.38	-0.19	2.55
EBITDA Margin	18.56%	15.62%	3.36%	-10.61%	-0.27%	4.37%
D&A For EBITDA	2.48	2.3	2.02	2.09	1.47	1.77
EBIT	39.86	24.34	0.9	-10.47	-1.65	0.78
EBIT Margin	17.47%	14.28%	1.03%	-13.26%	-2.37%	1.34%
Effective Tax Rate	-	-	739.57%	-	-	38.37%

Updated May 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q