Nova Ltd. (NVMI)

Nova Ltd. Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	517.92	570.73	416.11	269.4	224.91
Revenue Growth (YoY)	-9.25%	37.16%	54.46%	19.78%	-10.44%
Cost of Revenue	224.75	253.76	180.67	118.23	103.09
Gross Profit	293.18	316.97	235.44	151.17	121.82
Selling, General & Admin	72.87	76.58	57.2	42.58	38.28
Research & Development	88.04	90.46	65.86	53.02	44.51
Other Operating Expenses	0	0	0	0	2.63
Operating Expenses	160.91	167.04	123.06	95.6	85.41
Operating Income	132.26	149.93	112.39	55.57	36.41
Other Expense / Income	-22.44	-8.48	3.13	-0.93	-3.08
Pretax Income	154.7	158.41	109.25	56.5	39.49
Income Tax	18.39	18.2	16.15	8.59	4.32
Net Income	136.31	140.21	93.1	47.91	35.17
Net Income Growth	-2.78%	50.60%	94.34%	36.21%	-35.32%
Shares Outstanding (Basic)	29	29	28	28	28
Shares Outstanding (Diluted)	32	32	30	29	29
Shares Change	0.69%	6.89%	2.99%	1.31%	-0.66%
EPS (Basic)	4.73	4.89	3.28	1.71	1.26
EPS (Diluted)	4.28	4.43	3.12	1.65	1.23
EPS Growth	-3.39%	41.99%	89.09%	34.15%	-34.92%
Free Cash Flow	106.34	98.23	127.45	53.81	19.42
Free Cash Flow Per Share	3.69	3.42	4.49	1.92	0.70
Gross Margin	56.61%	55.54%	56.58%	56.11%	54.16%
Operating Margin	25.54%	26.27%	27.01%	20.63%	16.19%
Profit Margin	26.32%	24.57%	22.37%	17.78%	15.64%
Free Cash Flow Margin	20.53%	17.21%	30.63%	19.97%	8.64%
Effective Tax Rate	11.89%	11.49%	14.78%	15.20%	10.93%
EBITDA	170.9	173.06	118.19	64.87	47.51
EBITDA Margin	33.00%	30.32%	28.40%	24.08%	21.12%
Depreciation & Amortization	16.2	14.65	8.93	8.38	8.03
EBIT	154.7	158.41	109.25	56.5	39.49
EBIT Margin	29.87%	27.76%	26.26%	20.97%	17.56%

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).