Name: CVRx, Inc. (CVRX) Financial Statements
Creator: FinSpry

CVRx Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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CVRx, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	51.29	39.30	22.47	13.04	6.05
Cost of Revenue	8.33	6.26	5.00	3.64	1.44
Gross Profit	42.96	33.04	17.47	9.40	4.61
Operating Expenses
Research & Development	11.13	11.63	9.95	7.50	6.41
Selling, General & Administrative	91.32	64.51	50.05	27.86	9.72
Operating Expenses	102.45	76.14	60.00	35.36	16.13
Operating Income	-59.49	-43.10	-42.53	-25.97	-11.51
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00
Interest Expense	4.40	1.80	0.17	2.22	-2.47
Other Income/Expense	3.98	3.85	1.37	-14.80	-0.04
Income
Income Before Tax	-59.91	-41.05	-41.32	-42.99	-14.02
Income Tax Expense	0.06	0.15	0.11	0.09	0.09
Net Income	-59.97	-41.20	-41.43	-43.08	-14.11
Net Income - Continuous Operations	-59.97	-41.20	-41.43	-43.08	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-54.89	-38.73	-40.74	-40.60	-11.44
EBIT	-55.51	-39.25	-41.15	-40.77	-11.51
Depreciation & Amortization	0.62	0.52	0.41	0.17	0.08
Earnings Per Share
Basic EPS	-3.00	-2.00	-2.00	-4.00	-37.00
Diluted EPS	-3.00	-2.00	-2.00	-4.00	-37.00
Basic Shares Outstanding	22.60	20.75	20.53	10.36	0.39
Diluted Shares Outstanding	22.60	20.75	20.53	10.36	0.39