Veritone, Inc. (VERI)

Veritone Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	90.95	92.64	99.99	149.73	115.31	57.71
Revenue Growth (YoY)	-3.12%	-7.35%	-33.22%	29.85%	99.81%	16.23%
Cost of Revenue	28.14	27.25	27.77	27.43	22.13	15.66
Gross Profit	62.81	65.38	72.22	122.3	93.18	42.05
Selling, General & Admin	96.65	98.26	101.79	115.21	105.5	69.81
Research & Development	23.6	26.82	40.59	43.39	25.06	14.38
Operating Expenses	148.28	153.59	167.58	179.78	139.43	89.57
Operating Income	-85.47	-88.21	-95.36	-57.49	-46.25	-47.53
Interest Expense	-12.24	-12.07	-2.77	-4.86	-0.54	-0.01
Interest & Investment Income	-	-	-	-	-	0.09
Currency Exchange Gain (Loss)	0.22	-0.6	0.7	-	-	-
Other Non Operating Income (Expenses)	-0.5	-0.5	0.01	0.51	-0.06	-0.26
EBT Excluding Unusual Items	-97.99	-101.38	-97.42	-61.84	-46.85	-47.7
Merger & Restructuring Charges	-	-	-4.21	-3.23	-3.05	-0.15
Gain (Loss) on Sale of Investments	-0.17	-0.17	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	2.57	-	-	0.06
Other Unusual Items	5.01	1.36	30.02	41.82	-12.07	-0.01
Pretax Income	-93.15	-100.19	-69.04	-23.25	-61.97	-47.8
Income Tax Expense	-3.14	-3.86	-3.32	2.31	2.7	0.08
Earnings From Continuing Operations	-90.01	-96.33	-65.71	-25.56	-64.67	-47.88
Earnings From Discontinued Operations	57.95	58.95	7.09	-	-	-
Net Income	-32.06	-37.38	-58.63	-25.56	-64.67	-47.88
Net Income to Common	-32.06	-37.38	-58.63	-25.56	-64.67	-47.88
Shares Outstanding (Basic)	41	38	37	36	33	28
Shares Outstanding (Diluted)	41	38	37	36	33	28
Shares Change (YoY)	9.92%	3.05%	2.43%	8.21%	20.67%	26.60%
EPS (Basic)	-0.79	-0.98	-1.59	-0.71	-1.94	-1.73
EPS (Diluted)	-0.79	-0.98	-1.60	-0.71	-1.94	-1.73
Free Cash Flow	-62.31	-30.82	-81.15	-1.03	6.22	1.26
Free Cash Flow Per Share	-1.53	-0.81	-2.20	-0.03	0.19	0.05
Gross Margin	69.06%	70.58%	72.23%	81.68%	80.81%	72.86%
Operating Margin	-93.98%	-95.22%	-95.37%	-38.40%	-40.11%	-82.36%
Profit Margin	-35.25%	-40.36%	-58.63%	-17.07%	-56.09%	-82.96%
Free Cash Flow Margin	-68.51%	-33.27%	-81.16%	-0.69%	5.39%	2.18%
EBITDA	-61.11	-63.37	-72.04	-35.41	-36.84	-41.12
EBITDA Margin	-67.19%	-68.40%	-72.05%	-23.65%	-31.95%	-71.26%
D&A For EBITDA	24.36	24.84	23.31	22.08	9.41	6.41
EBIT	-85.47	-88.21	-95.36	-57.49	-46.25	-47.53
EBIT Margin	-93.98%	-95.22%	-95.37%	-38.40%	-40.11%	-82.36%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q