Vericel Corporation (VCEL)

Vericel 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
Operating Revenue	237.22	197.52	163.7	153.08	121.97
Other Revenue	-	-	0.67	3.11	2.21
Revenue	237.22	197.52	164.37	156.18	124.18
Revenue Growth (YoY)	20.10%	20.17%	5.24%	25.77%	5.37%
Cost of Revenue	65.12	61.94	54.58	50.16	39.95
Gross Profit	172.11	135.58	109.79	106.03	84.23
Selling, General & Admin	142.79	121	106.9	97.59	68.84
Research & Development	24.8	21.04	19.94	16.29	13.02
Operating Expenses	167.59	142.04	126.85	113.88	81.86
Operating Income	4.52	-6.46	-17.06	-7.85	2.37
Interest Expense	-0.61	-0.6	-0.37	-0	-0.01
Interest & Investment Income	6.41	4.63	1.34	0.22	0.69
Other Non Operating Income (Expenses)	0.2	0.06	0.1	0.05	-0.01
EBT Excluding Unusual Items	10.51	-2.37	-15.99	-7.58	3.04
Pretax Income	10.51	-2.37	-15.99	-7.58	3.04
Income Tax Expense	0.15	0.81	0.72	-0.11	0.18
Net Income	10.36	-3.18	-16.71	-7.47	2.86
Net Income to Common	10.36	-3.18	-16.71	-7.47	2.86
Shares Outstanding (Basic)	49	48	47	46	45
Shares Outstanding (Diluted)	52	48	47	46	47
Shares Change (YoY)	8.59%	0.98%	1.42%	-1.71%	7.02%
EPS (Basic)	0.21	-0.07	-0.35	-0.16	0.06
EPS (Diluted)	0.20	-0.07	-0.35	-0.16	0.06
Free Cash Flow	-5.81	15.3	10.09	21.13	14.95
Free Cash Flow Per Share	-0.11	0.32	0.21	0.46	0.32
Gross Margin	72.55%	68.64%	66.80%	67.88%	67.83%
Operating Margin	1.91%	-3.27%	-10.38%	-5.03%	1.91%
Profit Margin	4.37%	-1.61%	-10.17%	-4.78%	2.31%
Free Cash Flow Margin	-2.45%	7.75%	6.14%	13.53%	12.04%
EBITDA	10.02	-1.83	-13.08	-4.89	4.76
EBITDA Margin	4.23%	-0.93%	-7.96%	-3.13%	3.83%
D&A For EBITDA	5.5	4.63	3.98	2.97	2.38
EBIT	4.52	-6.46	-17.06	-7.85	2.37
EBIT Margin	1.91%	-3.27%	-10.38%	-5.03%	1.91%
Effective Tax Rate	1.41%	-	-	-	5.91%
Revenue as Reported	237.22	197.52	164.37	156.18	124.18

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

SEC Filings: 10-K · 10-Q