Issuer Direct Corporation (ISDR)

Issuer Direct 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	31.72	33.38	23.51	21.88	18.53	16.3
Revenue Growth (YoY)	18.16%	41.95%	7.45%	18.12%	13.69%	14.50%
Cost of Revenue	7.82	7.93	5.68	5.75	5.42	5.08
Gross Profit	23.9	25.45	17.83	16.14	13.11	11.22
Selling, General & Admin	16.39	17.19	12.89	10.71	8.84	8.64
Research & Development	2.43	2.55	1.31	1.08	0.83	1.22
Other Operating Expenses	2.9	2.9	0.97	0.6	0.75	0.89
Operating Expenses	21.72	22.63	15.16	12.39	10.42	10.74
Operating Income	2.18	2.82	2.67	3.74	2.69	0.47
Interest Expense / Income	1.15	1.12	0.01	-0	0	0
Other Expense / Income	-0.35	0.39	-	-0.37	-0.14	-0.32
Pretax Income	1.38	1.31	2.66	4.11	2.83	0.8
Income Tax	0.61	0.54	0.72	0.82	0.72	0.11
Net Income	0.77	0.77	1.93	3.29	2.11	0.69
Net Income Growth	-39.48%	-60.39%	-41.23%	56.27%	207.00%	-18.04%
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change	0.29%	2.03%	-2.09%	0.95%	-1.99%	11.49%
EPS (Basic)	0.20	0.20	0.52	0.87	0.56	0.18
EPS (Diluted)	0.20	0.20	0.52	0.86	0.56	0.18
EPS Growth	-41.18%	-61.54%	-39.53%	53.57%	211.11%	-25.00%
Free Cash Flow	3.02	2.56	3.95	4.45	4.36	2.42
Free Cash Flow Per Share	0.79	0.67	1.06	1.18	1.16	0.63
Gross Margin	75.34%	76.24%	75.83%	73.73%	70.77%	68.82%
Operating Margin	6.88%	8.44%	11.35%	17.10%	14.54%	2.91%
Profit Margin	2.43%	2.29%	8.22%	15.04%	11.37%	4.21%
Free Cash Flow Margin	9.50%	7.66%	16.81%	20.35%	23.53%	14.88%
Effective Tax Rate	44.05%	41.48%	27.24%	19.97%	25.58%	13.71%
EBITDA	5.52	5.38	3.7	5.25	4.18	2.46
EBITDA Margin	17.41%	16.12%	15.74%	24.00%	22.55%	15.11%
Depreciation & Amortization	2.99	2.96	1.03	1.14	1.35	1.67
EBIT	2.53	2.43	2.67	4.11	2.83	0.8
EBIT Margin	7.98%	7.27%	11.35%	18.78%	15.28%	4.88%

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).