Voyager Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	167.16	166.42	144.18	136.06
Revenue Growth (YoY)	12.59%	15.42%	5.97%	-
Cost of Revenue	144.41	136.54	109.27	108.28
Gross Profit	22.74	29.88	34.92	27.79
Selling, General & Admin	122.16	117.09	62.57	54.04
Depreciation & Amortization Expenses	11.22	8.54	9.58	6.46
Research & Development	16.22	12.75	7.61	-18.54
Other Operating Expenses	-	-	3.59	-
Total Operating Expenses	149.6	138.37	83.36	41.96
Operating Income	-126.86	-108.5	-48.44	-14.17
Interest Expense	-6.21	-6.82	-12.02	-10.59
Other Non-Operating Income (Expense)	5.45	2.55	-6.88	-0.09
Total Non-Operating Income (Expense)	-0.75	-4.27	-18.89	-10.68
Pretax Income	-127.61	-112.77	-67.34	-24.86
Provision for Income Taxes	2.74	-0.44	-1.71	0.34
Net Income	-127.12	-116.07	-83.89	-43.28
Minority Interest in Earnings	-8.49	-7.52	-3.56	0.24
Net Income Attributable to Preferred Dividends	5.26	11.26	21.82	17.84
Net Income to Common	-127.12	-116.07	-83.89	-43.28
Shares Outstanding (Basic)	36	40	13	12
Shares Outstanding (Diluted)	36	40	13	13
Shares Change (YoY)	227.30%	215.50%	-0.06%	-
EPS (Basic)	-2.78	-2.89	-6.59	-3.50
EPS (Diluted)	-2.78	-2.89	-7.01	-3.65
Shares Outstanding	59.11	59.14	13.3	12.43
Free Cash Flow	-255.12	-205.62	-108.21	-32.59
Free Cash Flow Per Share	-7.02	-5.11	-8.49	-2.56
Gross Margin	13.61%	17.95%	24.22%	20.42%
Operating Margin	-75.89%	-65.20%	-33.60%	-10.42%
Profit Margin	-77.98%	-67.50%	-45.52%	-18.52%
FCF Margin	-152.62%	-123.55%	-75.05%	-23.95%
EBITDA	-110.01	-95.08	-34.85	-3.88
EBITDA Margin	-65.81%	-57.13%	-24.17%	-2.85%
EBIT	-126.86	-108.5	-48.44	-14.17
EBIT Margin	-75.89%	-65.20%	-33.60%	-10.42%
Effective Tax Rate	-2.15%	0.39%	2.54%	-1.37%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q