PDF Solutions, Inc. (PDFS)

PDF Solutions 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	179.47	165.84	148.55	111.06	88.05
Revenue Growth (YoY)	8.22%	11.64%	33.76%	26.14%	2.88%
Cost of Revenue	54.14	51.75	47.91	44.19	36.77
Gross Profit	125.32	114.09	100.64	66.87	51.28
Selling, General & Admin	69.92	62.22	45.34	37.65	32.68
Research & Development	53.57	50.74	56.13	43.78	34.65
Operating Expenses	124.39	114.24	102.73	82.68	68.07
Operating Income	0.94	-0.15	-2.09	-15.82	-16.79
Interest Expense	-	-	-	-	-1.07
Interest & Investment Income	5.64	5.02	2.56	0.68	-
Currency Exchange Gain (Loss)	-	-	-	-	-0.2
EBT Excluding Unusual Items	6.58	4.87	0.47	-15.13	-18.06
Asset Writedown	-	-	-	-3.18	-
Pretax Income	6.58	4.87	0.47	-18.32	-18.06
Income Tax Expense	2.52	1.76	3.9	3.17	22.3
Net Income	4.06	3.11	-3.43	-21.49	-40.36
Net Income to Common	4.06	3.11	-3.43	-21.49	-40.36
Net Income Growth	30.66%	-	-	-	-
Shares Outstanding (Basic)	39	38	37	37	34
Shares Outstanding (Diluted)	39	39	37	37	34
Shares Change (YoY)	0.28%	4.36%	0.46%	7.78%	6.32%
EPS (Basic)	0.11	0.08	-0.09	-0.58	-1.17
EPS (Diluted)	0.10	0.08	-0.09	-0.58	-1.17
EPS Growth	25.00%	-	-	-	-
Free Cash Flow	-8.08	3.28	23.87	0.19	14.82
Free Cash Flow Per Share	-0.21	0.08	0.64	0.01	0.43
Gross Margin	69.83%	68.80%	67.75%	60.21%	58.24%
Operating Margin	0.52%	-0.09%	-1.41%	-14.24%	-19.07%
Profit Margin	2.26%	1.87%	-2.31%	-19.35%	-45.84%
Free Cash Flow Margin	-4.50%	1.98%	16.07%	0.17%	16.83%
EBITDA	5.46	6.12	4.7	-6.27	-8.62
EBITDA Margin	3.04%	3.69%	3.17%	-5.64%	-9.79%
D&A For EBITDA	4.52	6.27	6.8	9.55	8.17
EBIT	0.94	-0.15	-2.09	-15.82	-16.79
EBIT Margin	0.52%	-0.09%	-1.41%	-14.24%	-19.07%
Effective Tax Rate	38.33%	36.23%	829.57%	-	-
Revenue as Reported	179.47	165.84	148.55	111.06	88.05

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q