Vital Farms, Inc. (VITL)

Vital Farms Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 25, 2022	Dec 26, 2021	Dec 27, 2020	Dec 29, 2019
Revenue	500.61	471.86	362.05	260.9	214.28	140.73
Revenue Growth (YoY)	23.86%	30.33%	38.77%	21.76%	52.26%	31.88%
Cost of Revenue	322.06	309.53	252.61	178	139.75	97.86
Gross Profit	178.56	162.33	109.44	82.9	74.53	42.88
Selling, General & Admin	104.91	101.73	77.24	57.87	47.4	29.53
Other Operating Expenses	27.11	27.34	30.1	24.98	14.9	10
Operating Expenses	132.03	129.07	107.34	82.85	62.3	39.53
Operating Income	46.53	33.25	2.1	0.05	12.23	3.35
Interest Expense / Income	0.9	0.78	0.11	0.05	0.49	0.35
Other Expense / Income	-1.63	0.27	-0.86	-0.4	0.17	-0.49
Pretax Income	47.25	32.2	2.85	0.4	11.57	3.49
Income Tax	9.82	6.64	1.6	-2.03	2.77	1.11
Net Income	37.44	25.57	1.25	2.43	8.8	2.39
Net Income Growth	276.76%	1943.65%	-48.50%	-72.40%	268.97%	-58.86%
Shares Outstanding (Basic)	42	41	41	40	29	26
Shares Outstanding (Diluted)	44	43	43	43	33	36
Shares Change	1.03%	-0.36%	0.34%	31.62%	-8.75%	2.30%
EPS (Basic)	0.90	0.62	0.03	0.06	0.31	0.09
EPS (Diluted)	0.85	0.59	0.03	0.06	0.27	0.07
EPS Growth	269.57%	1866.67%	-50.00%	-77.78%	285.71%	-56.25%
Free Cash Flow	58.39	40.42	-18.56	0.97	1.21	-10.14
Free Cash Flow Per Share	1.40	0.98	-0.46	0.02	0.04	-0.39
Gross Margin	35.67%	34.40%	30.23%	31.77%	34.78%	30.47%
Operating Margin	9.29%	7.05%	0.58%	0.02%	5.71%	2.38%
Profit Margin	7.48%	5.42%	0.35%	0.93%	4.11%	1.69%
Free Cash Flow Margin	11.66%	8.57%	-5.12%	0.37%	0.57%	-7.21%
Effective Tax Rate	20.77%	20.60%	56.14%	-505.74%	23.94%	31.68%
EBITDA	61.69	45.04	10.25	3.99	14.61	5.76
EBITDA Margin	12.32%	9.54%	2.83%	1.53%	6.82%	4.09%
Depreciation & Amortization	13.54	12.05	7.28	3.54	2.55	1.92
EBIT	48.15	32.98	2.97	0.45	12.06	3.84
EBIT Margin	9.62%	6.99%	0.82%	0.17%	5.63%	2.73%

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).