Novanta Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Novanta Inc. income statement - Annual data in millions USD
BreakdownFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period EndingDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Revenue & Gross Profit
Revenue949.25881.66860.90706.79590.62626.10614.34
Cost of Revenue527.70481.77482.43406.47346.11364.01352.81
Gross Profit421.55399.90378.47300.33244.52262.09261.53
Operating Expenses
Research & Development95.5291.6885.7772.5261.0055.9751.02
Selling, General & Administrative175.94164.46158.90129.16109.85118.41115.90
Operating Expenses310.96276.59271.01236.27188.63206.80182.47
Operating Income110.58123.31107.4664.0555.8955.2879.05
Other Income/Expense
Interest Income0.000.000.000.000.000.000.00
Interest Expense31.49-25.82-15.62-7.39-6.560.000.00
Other Income/Expense-31.52-13.74-4.690.37-0.020.24-7.94
Income
Income Before Tax79.0783.7587.1656.1748.4045.7761.30
Income Tax Expense14.9810.8713.115.843.884.9910.21
Net Income64.0972.8874.0550.3344.5240.7749.11
Net Income - Continuous Operations64.0972.8874.0550.330.000.000.00
Net Income - Discontinued Operations0.000.000.000.000.000.000.00
EBITDA179.86169.92160.62125.4797.9985.75116.11
EBIT79.30123.31107.4682.0759.7046.2079.05
Depreciation & Amortization55.5620.4526.3416.5813.9715.8615.55
Earnings Per Share
Basic EPS2.002.002.001.001.001.001.00
Diluted EPS2.002.002.001.001.001.001.00
Basic Shares Outstanding35.9535.8435.6535.4035.1435.0334.91
Diluted Shares Outstanding36.1236.0335.9135.7835.6535.5535.47