VersaBank Income Statement

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Year Ending	TTM	Oct 31, 2023	Oct 31, 2022	Oct 30, 2021	Oct 31, 2020	Oct 31, 2019
Revenue	113.38	108.64	82.39	65.8	54.53	53.92
Revenue Growth (YoY)	15.59%	31.85%	25.23%	20.66%	1.13%	-
Gross Profit	113.38	108.64	82.39	65.8	54.53	53.92
Selling, General & Admin	49.53	50.38	49.39	35.01	27.78	26.4
Other Operating Expenses	-0.73	0	0	0	0	0
Operating Expenses	48.8	50.38	49.39	35.01	27.78	26.4
Operating Income	64.59	58.25	33	30.79	26.75	27.52
Other Expense / Income	0.61	0.61	0.45	-	-	-0.3
Pretax Income	63.98	57.65	32.55	30.79	26.75	27.82
Income Tax	16.97	15.48	9.89	8.41	7.35	7.63
Net Income	47.01	42.16	22.66	22.38	19.41	20.2
Net Income Growth	47.69%	86.08%	1.24%	15.33%	-3.92%	-
Shares Outstanding (Basic)	26	26	27	22	21	21
Shares Outstanding (Diluted)	-	-	27	22	21	21
Shares Change	-1.74%	-5.47%	26.08%	2.98%	-	-
EPS (Basic)	1.78	1.57	0.79	0.96	0.82	0.85
EPS (Diluted)	1.78	1.57	0.79	0.96	0.82	0.85
EPS Growth	54.78%	98.73%	-17.71%	17.07%	-3.53%	-
Free Cash Flow	-44.52	94.36	-33.24	-108.32	139.35	19.54
Free Cash Flow Per Share	-1.72	3.64	-1.21	-4.98	6.60	0.93
Dividend Per Share	0.037	0.075	0.077	0.020	-	-
Dividend Growth	-50.67%	-2.60%	285.00%	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	56.96%	53.62%	40.05%	46.80%	49.06%	51.05%
Profit Margin	41.46%	38.81%	27.50%	34.01%	35.59%	37.46%
Free Cash Flow Margin	-39.27%	86.86%	-40.34%	-164.63%	255.55%	36.24%
Effective Tax Rate	26.52%	26.86%	30.39%	27.31%	27.46%	27.41%
EBITDA	66.05	59.43	34.49	32.52	27.9	28.54
EBITDA Margin	58.25%	54.70%	41.86%	49.42%	51.17%	52.93%
Depreciation & Amortization	2.07	1.78	1.94	1.73	1.15	0.72
EBIT	63.98	57.65	32.55	30.79	26.75	27.82
EBIT Margin	56.43%	53.06%	39.50%	46.80%	49.06%	51.60%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).