VASO Corp Income Statement
VASO|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$89M
FY2025
Gross Profit
$55M
61.4% gross margin
Operating Income
-$3M
FY2025
Net Income
$2M
FY2025
VASO Corp reported $89M in revenue and $2M in net income for FY2025. Revenue has grown at a 7.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $89.1M | $86.8M | $81.0M | $79.3M | $75.6M | $69.8M | $75.5M | $74.0M | $72.8M | $72.6M | $57.1M | $35.0M | $32.9M | $29.2M | $31.1M |
| Cost of Revenue | $34.4M | $34.7M | $30.4M | $31.5M | $32.4M | $31.3M | $33.1M | $32.9M | $32.1M | $31.1M | $21.7M | $9.8M | $10.4M | $8.6M | - |
| Gross Profit | $54.7M | $52.0M | $50.6M | $47.9M | $43.1M | $38.6M | $42.4M | $41.1M | $40.7M | $41.5M | $35.4M | $25.2M | $22.5M | $20.6M | $21.9M |
| SG&A Expense | $52.2M | $49.0M | $45.1M | $40.8M | $38.6M | $37.1M | $41.0M | $44.0M | $43.6M | $39.4M | $30.9M | $23.3M | $23.1M | $23.5M | - |
| R&D Expense | $728.0K | $851.0K | $755.0K | $605.0K | $1.7M | $745.0K | $813.0K | $886.0K | $945.0K | $530.0K | $515.0K | $803.0K | $689.0K | $576.0K | - |
| Operating Income | -$2.9M | $285.0K | $4.2M | $6.5M | $2.8M | $772.0K | $591.0K | -$3.7M | -$3.8M | $1.6M | $3.9M | $1.1M | -$1.3M | -$3.5M | $3.7M |
| Income Tax | -$2.9M | $326.0K | $100.0K | -$4.7M | $151.0K | $1.0K | $111.0K | -$385.0K | $134.0K | $281.0K | -$44.0K | $127.0K | -$58.0K | $52.0K | - |
| Net Income | $1.6M | $951.0K | $4.8M | $11.3M | $6.1M | $358.0K | -$382.0K | -$3.7M | -$4.5M | $820.0K | $3.8M | $1.1M | -$1.1M | -$3.4M | $3.6M |
| EPS (Basic) | $0.01 | $0.01 | $0.03 | $0.04 | $0.00 | $0.00 | $0.00 | - | - | - | $0.01 | -$0.01 | -$0.01 | -$0.02 | $0.02 |
| EPS (Diluted) | $0.01 | $0.01 | $0.03 | - | - | $0.00 | $0.00 | -$0.03 | $0.01 | $0.02 | $0.01 | -$0.01 | -$0.01 | -$0.02 | $0.02 |
| Shares Outstanding | 176.0M | 175.7M | 175.3M | 175.1M | 174.9M | 173.4M | 173.4M | 165.4M | 163.5M | 158.4M | 156.1M | 155.2M | 155.2M | 153.2M | 140.9K |
| Gross Margin | 61.4% | 60.0% | 62.4% | 60.4% | 57.1% | 55.2% | 56.2% | 55.6% | 56.0% | 57.2% | 62.0% | 72.1% | 68.5% | 70.4% | 70.5% |
| Operating Margin | -3.2% | 0.3% | 5.2% | 8.1% | 3.7% | 1.1% | 0.8% | -5.0% | -5.3% | 2.1% | 6.9% | 3.0% | -3.9% | -12.0% | 11.9% |
| Profit Margin | 1.8% | 1.1% | 5.9% | 14.2% | 8.1% | 0.5% | -0.5% | -5.1% | -6.2% | 1.1% | 6.7% | 3.2% | -3.5% | -11.6% | 11.7% |