Virco Mfg. Corporation (VIRC)

Virco Mfg. Income Statement

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

Year Ending	TTM	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Revenue	280.91	269.12	231.06	184.83	152.8	193
Revenue Growth (YoY)	20.09%	16.47%	25.02%	20.96%	-20.83%	-3.84%
Cost of Revenue	157.71	153.06	145.72	123.9	97.87	121.33
Gross Profit	123.2	116.06	85.34	60.93	54.93	71.68
Selling, General & Admin	87.04	84.18	74.7	61.27	54.2	65.73
Other Operating Expenses	0.95	1.01	0.82	2.2	2.17	0.76
Operating Expenses	88	85.19	75.51	63.46	56.36	66.49
Operating Income	35.21	30.87	9.83	-2.53	-1.44	5.19
Interest Expense / Income	2.18	2.68	1.98	1.2	1.54	2.46
Other Expense / Income	-0.97	-1.05	-0.19	-	-	-
Pretax Income	34	29.24	8.04	-3.73	-2.98	2.73
Income Tax	8.51	7.33	-8.5	11.41	-0.74	0.35
Net Income	25.49	21.91	16.55	-15.14	-2.23	2.38
Net Income Growth	26.27%	32.41%	-	-	-	-
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change	1.12%	1.21%	1.49%	1.24%	0.41%	1.77%
EPS (Basic)	1.56	1.34	1.03	-0.95	-0.14	0.15
EPS (Diluted)	1.56	1.34	1.03	-0.95	-0.14	0.15
EPS Growth	23.81%	30.10%	-	-	-	-
Free Cash Flow	29.37	21.71	-7.12	-3.4	5.73	5.56
Free Cash Flow Per Share	1.81	1.33	-0.44	-0.21	0.36	0.36
Dividend Per Share	0.040	0.020	-	-	-	-
Gross Margin	43.86%	43.13%	36.93%	32.97%	35.95%	37.14%
Operating Margin	12.53%	11.47%	4.25%	-1.37%	-0.94%	2.69%
Profit Margin	9.07%	8.14%	7.16%	-8.19%	-1.46%	1.23%
Free Cash Flow Margin	10.45%	8.07%	-3.08%	-1.84%	3.75%	2.88%
Effective Tax Rate	25.02%	25.07%	-105.73%	-	-	12.65%
EBITDA	41.41	37.02	14.56	2.04	3.65	11.3
EBITDA Margin	14.74%	13.75%	6.30%	1.10%	2.39%	5.85%
Depreciation & Amortization	5.24	5.1	4.54	4.57	5.09	6.11
EBIT	36.17	31.92	10.02	-2.53	-1.44	5.19
EBIT Margin	12.88%	11.86%	4.34%	-1.37%	-0.94%	2.69%

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).