VERU INC. Income Statement
VERU|14 years of annual SEC 10-K data (FY2011-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
VERU INC. reported $16M in revenue and $93M in net loss for FY2024. Revenue has declined at a 4.0% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -4.07 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.3M | $39.4M | $61.3M | $42.6M | $31.8M | $15.9M | $13.7M | $32.6M | $24.5M | $31.5M | $35.0M | $18.6K | $22.2M | $27.5M |
| Cost of Revenue | $8.7M | $8.8M | $13.3M | $11.8M | $10.1M | $7.1M | $6.6M | $13.6M | $11.4M | $14.0M | $14.4M | $8.7M | $9.3M | $14.0M |
| Gross Profit | $7.6M | $30.6M | $47.9M | $30.8M | $21.7M | $8.8M | $7.0M | $19.0M | $13.1M | $17.5M | $20.6M | $9.9M | $12.9M | $13.5M |
| SG&A Expense | $48.1M | $43.2M | $20.7M | $14.5M | $14.3M | $14.8M | $11.5M | $12.1M | $9.1M | $7.5M | $9.6M | $6.5M | $6.6M | $7.0M |
| R&D Expense | $51.2M | $70.6M | $32.7M | $16.9M | $13.7M | $10.9M | $3.1M | $219.8K | $5.6K | $4.7K | $5.3K | $10.9K | $381 | $105.9K |
| Operating Income | -$93.8M | -$83.2M | $13.0M | -$14.7M | -$6.4M | -$20.9M | -$8.5M | $6.6M | $3.9M | $9.8M | $10.9M | $3.3M | $4.3M | $4.7M |
| Interest Expense | - | $4.4M | $4.9M | $4.6M | $4.7M | $3.0M | $3.0M | - | - | - | - | - | - | - |
| Income Tax | $480.2K | $236.4K | -$3.1M | -$1.1M | -$303.9K | $866.1K | -$2.0M | $2.3M | $1.5M | -$4.4M | -$4.5M | -$2.2M | -$2.5M | -$1.5M |
| Net Income | -$93.2M | -$83.8M | $7.4M | -$19.0M | -$12.0M | -$23.9M | -$6.6M | $4.3M | $2.4M | $14.3M | $15.3M | $5.4M | $6.7M | $6.5M |
| EPS (Basic) | -$1.10 | -$1.05 | $0.10 | -$0.28 | - | - | - | $0.15 | $0.09 | $0.51 | $0.55 | $0.20 | $0.25 | $0.25 |
| EPS (Diluted) | - | -$1.05 | $0.09 | -$0.28 | -$0.19 | -$0.44 | -$0.25 | $0.15 | $0.08 | $0.50 | $0.53 | $0.19 | $0.24 | $0.24 |
| Shares Outstanding | 91.8M | 80.5M | 80.0M | 69.9M | 65.0M | 55.3M | 53.2M | 29.1M | 29.0M | 28.8M | 28.7M | 28.6M | 27.7M | 27.5M |
| Gross Margin | 46.4% | 77.7% | 78.2% | 72.3% | 68.1% | 55.3% | 51.4% | 58.2% | 53.6% | 55.6% | 58.9% | 53138.6% | 58.2% | 49.1% |
| Operating Margin | -575.5% | -211.5% | 21.2% | -34.6% | -20.2% | -131.6% | -62.2% | 20.3% | 16.0% | 31.1% | 31.2% | 17750.3% | 19.6% | 17.1% |
| Profit Margin | -571.6% | -212.9% | 12.1% | -44.5% | -37.8% | -150.9% | -48.4% | 13.3% | 9.9% | 45.6% | 43.7% | 29081.9% | 30.3% | 23.7% |