Varex Imaging Corporation (VREX)

Varex Imaging Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	893.4	859.4	818.1	738.3	780.6
Revenue Growth (YoY)	3.96%	5.05%	10.81%	-5.42%	0.93%
Cost of Revenue	603.1	575.9	546.6	548.1	523.9
Gross Profit	290.3	283.5	271.5	190.2	256.7
Selling, General & Admin	128.4	118.3	125.5	142.2	128.1
Research & Development	84.8	77	71.9	78.9	78.1
Other Operating Expenses	0	0	0	2.8	4.8
Operating Expenses	213.2	195.3	197.4	223.9	211
Operating Income	77.1	88.2	74.1	-33.7	45.7
Interest Expense / Income	45.8	43.7	45.5	38.9	24.2
Other Expense / Income	0.5	0.5	0.5	0.5	0.3
Pretax Income	30.8	44	28.1	-73.1	21.2
Income Tax	-17.4	13.7	10.7	-15.2	5.7
Net Income	48.2	30.3	17.4	-57.9	15.5
Net Income Growth	59.08%	74.14%	-	-	-43.64%
Shares Outstanding (Basic)	40	40	39	39	38
Shares Outstanding (Diluted)	50	42	40	39	39
Shares Change	20.91%	3.23%	3.87%	0.52%	0.52%
EPS (Basic)	1.20	0.76	0.44	-1.49	0.41
EPS (Diluted)	1.08	0.73	0.43	-1.49	0.40
EPS Growth	47.95%	69.77%	-	-	-44.44%
Free Cash Flow	87.7	-4.4	77.5	-10.3	52.1
Free Cash Flow Per Share	2.18	-0.11	1.97	-0.27	1.36
Gross Margin	32.49%	32.99%	33.19%	25.76%	32.88%
Operating Margin	8.63%	10.26%	9.06%	-4.56%	5.85%
Profit Margin	5.40%	3.53%	2.13%	-7.84%	1.99%
Free Cash Flow Margin	9.82%	-0.51%	9.47%	-1.40%	6.67%
Effective Tax Rate	-56.49%	31.14%	38.08%	-	26.89%
EBITDA	109.8	121.3	110.9	5.3	84.6
EBITDA Margin	12.29%	14.11%	13.56%	0.72%	10.84%
Depreciation & Amortization	33.2	33.6	37.3	39.5	39.2
EBIT	76.6	87.7	73.6	-34.2	45.4
EBIT Margin	8.57%	10.20%	9.00%	-4.63%	5.82%

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).