Voyager Technologies, Inc. (VOYG)

Voyager Technologies Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	166.42	144.18	136.06
Revenue Growth (YoY)	15.42%	5.97%	-
Cost of Revenue	136.54	109.27	108.28
Gross Profit	29.88	34.92	27.79
Selling, General & Admin	117.09	62.57	54.04
Depreciation & Amortization Expenses	8.54	9.58	6.46
Research & Development	12.75	7.61	-18.54
Other Operating Expenses	-	3.59	-
Total Operating Expenses	138.37	83.36	41.96
Operating Income	-108.5	-48.44	-14.17
Interest Expense	-6.82	-12.02	-10.59
Other Non-Operating Income (Expense)	2.55	-6.88	-0.09
Total Non-Operating Income (Expense)	-4.27	-18.89	-10.68
Pretax Income	-112.77	-67.34	-24.86
Provision for Income Taxes	-0.44	-1.71	0.34
Net Income	-116.07	-83.89	-43.28
Minority Interest in Earnings	-7.52	-3.56	0.24
Net Income Attributable to Preferred Dividends	11.26	21.82	17.84
Net Income to Common	-116.07	-83.89	-43.28
Shares Outstanding (Basic)	40	13	12
Shares Outstanding (Diluted)	40	13	13
Shares Change (YoY)	215.50%	-0.06%	-
EPS (Basic)	-2.89	-6.59	-3.50
EPS (Diluted)	-2.89	-7.01	-3.65
Free Cash Flow	-205.62	-108.21	-32.59
Free Cash Flow Per Share	-5.11	-8.49	-2.56
Gross Margin	17.95%	24.22%	20.42%
Operating Margin	-65.20%	-33.60%	-10.42%
Profit Margin	-67.50%	-45.52%	-18.52%
FCF Margin	-123.55%	-75.05%	-23.95%
EBITDA	-95.08	-34.85	-3.88
EBITDA Margin	-57.13%	-24.17%	-2.85%
EBIT	-108.5	-48.44	-14.17
EBIT Margin	-65.20%	-33.60%	-10.42%
Effective Tax Rate	0.39%	2.54%	-1.37%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q