Veru Inc. (VERU)

Veru Inc. Income Statement

Financials in millions USD. Fiscal year is October - September.

Year	2023	2022	2021	2020	2019
Revenue	16.3	39.35	61.26	42.59	31.8
Revenue Growth (YoY)	-58.59%	-35.76%	43.83%	33.92%	100.47%
Cost of Revenue	8.73	8.76	13.33	11.81	10.15
Gross Profit	7.57	30.59	47.93	30.79	21.66
Selling, General & Admin	48.06	43.18	20.67	14.5	14.35
Research & Development	51.2	70.91	32.69	16.94	13.74
Other Operating Expenses	-1.82	0	-18.41	14.1	0
Operating Expenses	97.44	114.09	34.95	45.53	28.09
Operating Income	-89.87	-83.5	12.97	-14.75	-6.44
Interest Expense / Income	2.43	4.37	4.89	4.62	4.71
Other Expense / Income	0.37	-4.06	3.82	0.68	1.18
Pretax Income	-92.67	-83.8	4.27	-20.05	-12.32
Income Tax	0.48	0.24	-3.13	-1.08	-0.3
Net Income	-93.15	-84.04	7.39	-18.97	-12.02
Shares Outstanding (Basic)	85	80	76	67	63
Shares Outstanding (Diluted)	85	80	84	67	63
Shares Change	6.05%	-4.39%	25.54%	5.42%	17.57%
EPS (Basic)	-1.10	-1.05	0.10	-0.28	-0.19
EPS (Diluted)	-1.10	-1.05	0.09	-0.28	-0.19
Free Cash Flow	-88.68	-48.24	-15.95	-2.04	-5.59
Free Cash Flow Per Share	-1.04	-0.60	-0.21	-0.03	-0.09
Gross Margin	46.43%	77.73%	78.24%	72.28%	68.10%
Operating Margin	-551.46%	-212.17%	21.18%	-34.62%	-20.24%
Profit Margin	-571.60%	-213.55%	12.07%	-44.55%	-37.79%
Free Cash Flow Margin	-544.15%	-122.57%	-26.03%	-4.78%	-17.59%
Effective Tax Rate	-	-	-73.36%	-	-
EBITDA	-89.98	-79.23	9.36	-14.97	-7.14
EBITDA Margin	-552.10%	-201.31%	15.28%	-35.14%	-22.46%
Depreciation & Amortization	0.27	0.21	0.21	0.46	0.47
EBIT	-90.25	-79.44	9.15	-15.43	-7.62
EBIT Margin	-553.76%	-201.85%	14.94%	-36.23%	-23.94%

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).